Russian Federation Balance of Trade

Last Release

Jun 30, 2025

Actual

9,259

Units In

USD Million

8,720

Frequency

Monthly

Next Release

Sep 11, 2025

Time to Release

29 Days 13 Hours

Highest	Lowest	Average	Date Range	Source
26,720 Dec 2021	-203 Feb 1998	9,677.95 USD Million	1996-2025	Central Bank of Russia

Russia has been running regular trade surpluses since 1998 primarily due to high exports of commodities like crude oil and natural gas. In 2015, trade surplus narrowed significantly, led by the plunge in oil prices and sanctions imposed by Europe and US over Ukraine crisis. In 2015, the biggest trade surpluses were recorded with: Netherlands, Turkey, Italy and Japan. The biggest trade deficits were recorded with: China, the United States and France.

Latest Updates

Russia recorded a trade surplus of $9.3 billion in June of 2025, narrowing from the $11.8 billion surplus in the corresponding period of the previous year. Exports contracted by 8% annually to $32.8 billion in the period, the lowest since 2020, to mark a fifth consecutive month of decline in foreign sales as lower oil prices and softer commodity demand from Russia's key trading partner, China, pared buying from Russia's key industries that are shunned from commerce with the West. In turn, imports contracted by 1.3% to $23.6 billion, a second consecutive decline.