Russia recorded a trade surplus of 10020 USD Million in December of 2025. Balance of Trade in Russia averaged 10266.49 USD Million from 1996 until 2025, reaching an all time high of 37463.00 USD Million in March of 2022 and a record low of -203.00 USD Million in February of 1998. source: Central Bank of Russia

Balance of Trade in Russia is expected to be 12500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Balance of Trade is projected to trend around 8900.00 USD Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-23 01:00 PM
Balance of Trade
Nov $6.8B $10.8B $13.0B
2026-02-11 01:00 PM
Balance of Trade
Dec $10.02B $6.8B $ 9.3B
2026-03-13 01:00 PM
Balance of Trade
Jan $10.02B


Related Last Previous Unit Reference
Balance of Trade 10021.00 6800.00 USD Million Dec 2025
Capital Flows 7500.57 299.02 USD Million Sep 2025
Current Account 9200.00 9415.00 USD Million Dec 2025
Current Account to GDP 2.00 3.00 percent of GDP Dec 2025
Exports 43530.00 32880.00 USD Million Dec 2025
External Debt 308.10 322.40 USD Billion Sep 2025
Foreign Direct Investment -726.21 7166.48 USD Million Sep 2025
Imports 33509.00 26085.00 USD Million Dec 2025


Russia Balance of Trade
Russia has been running regular trade surpluses since 1998 primarily due to high exports of commodities like crude oil and natural gas. 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.
Actual Previous Highest Lowest Dates Unit Frequency
10021.00 6800.00 37463.00 -203.00 1996 - 2025 USD Million Monthly

News Stream
Russia Posts Smallest Trade Surplus in Over 2 Years
Russia recorded a trade surplus of $8.6 billion in November of 2025, narrowing from the $12.3 billion in the corresponding period of the previous year to mark the lowest trade surplus since July of 2023. It was the second-lowest surplus since February of 2022, when the Russian invasion of Ukraine resulted in shocks in global commodity markets and sweeping sanctions against the Russian economy. Exports contracted by 16.2% from the previous year to $32.9 billion, the sharpest decline in nearly two years, due to lower crude oil prices and the gradual shun of cargoes by Indian refiners following the US sanctions on Lukoil and Rosneft. In turn, imports fell by 3.1% to $26.1 billion, a fourth straight decline despite the strength in the ruble, as a weakening domestic economy limited demand for goods.
2026-01-23
Russia Trade Surplus Widens in October
Russia’s trade surplus widened to $11.143 billion in October 2025 from $9.085 billion a year earlier, driven by a sharper drop in imports than exports. Imports fell 11.8% YoY to $25 billion, as weaker domestic demand from Russian consumers and businesses reduced purchases of foreign goods, even with a stronger ruble. Exports declined 3.4% to $38.1 billion, pressured by lower oil prices and softer commodity demand from China, a key trading partner. Sanctions and limited access to Western markets continued to constrain trade flows, while the imbalance reflects the country’s struggling economy, which is curbing imports more than it affects export revenue.
2025-12-12
Russian Trade Surplus Rises to 18-Month High
Russia recorded a trade surplus of $13.6 billion in September of 2025, widening from the $11.9 billion surplus in the corresponding period of the previous year, and the widest in over one year as Russia's weakening economy drove imports to contract more than exports. Imports sank by 7.2% annually to $25 billion, as weaker Russian consumers and business pared their demand for foreign goods, despite the stronger ruble. In the meantime, exports contracted by 4.1% to $38.1 billion. 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.
2025-11-14