Russia Balance of Trade 1997-2014 | Data | Chart | Calendar | Forecast

Russia recorded a trade surplus of 12953 USD Million in September of 2014. Balance of Trade in Russia averaged 8912.37 USD Million from 1997 until 2014, reaching an all time high of 20356 USD Million in January of 2012 and a record low of -185 USD Million in February of 1998. Balance of Trade in Russia is reported by the Central Bank of Russia.

   
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Russia Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
12953.00 15848.00 20356.00 -185.00 1997 - 2014 USD Million Monthly
Russia runs regular trade surpluses primarily due to high exports of commodities like crude oil and natural gas. In 2013, the biggest trade surpluses were recorded with: Netherlands, Italy, Turkey and Poland. The biggest trade deficits were recorded with: China, the United States and France. This page provides - Russia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Russia Balance of Trade - was last refreshed on Thursday, November 27, 2014.


Russia Trade Surplus Narrows 19%


Russian trade surplus decreased to USD 12.95 billion in September of 2014 from a USD 16 billion surplus a year earlier, as exports declined to the lowest value in seven months.

Exports contracted for the second consecutive month by 13.4 percent year-on-year to USD 38.78 billion in September of 2014. Sales to countries outside the Commonwealth of Independent States (CIS) dropepd 11.1 percent while shipments to the CIS countries shrank for the third month in a row by 26.3 percent. 

Imports fell 10 percent year-on-year to USD 22.7 billion in September, following an 11.5 percent drop in August. Purchases from the CIS countries contracted 22.2 percent while those from other countries fell 8.1 percent. 

Central Bank of Russia | Joana Taborda | joana.taborda@tradingeconomics.com
11/11/2014 12:16:26 PM


Recent Releases

Russia Trade Surplus Widens in August
Russian trade surplus increased slightly to USD 15.85 billion in August of 2014 from USD 14.17 billion a year earlier. Yet, imports recorded the highest annual loss since December of 2009. Published on 2014-10-10

Russian Trade Surplus at 3-Month High
Russian trade surplus widened to USD 17.07 billion in July of 2014 from USD 13.45 billion a year earlier, driven by higher exports to countries outside the Commonwealth of Independent States. Published on 2014-09-11


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-09-11 01:00 PM
Balance of Trade  Jul 2014
$ 17.07B $ 13.96B $ 12.0B $ 14.8B
2014-10-10 11:50 AM
Balance of Trade  Aug 2014
$ 15.84B $ 17.07B $ 16.1B $ 17.7B
2014-11-11 10:30 AM
Balance of Trade  Sep 2014
$ 12.95B $ 15.84B $ 15.8B $ 14.5B
2014-12-11 11:00 AM
Balance of Trade  Oct 2014
$ 12.95B


Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 12953.00 15848.00 20356.00 -185.00 USD Million [+]
Exports 38783.00 40937.00 50248.00 4100.00 USD Million [+]
Imports 25830.00 25089.00 32486.00 2691.00 USD Million [+]
Current Account 11400.00 14120.00 39494.00 -3637.00 USD Million [+]
Current Account to GDP 1.56 3.60 18.00 -1.40 percent [+]
External Debt 678.40 678.40 732.00 545.40 USD Billion [+]
Capital Flows -19462.00 -21409.00 3031.00 -34209.00 USD Million [+]
Gold Reserves 1094.73 1040.71 1094.73 343.41 Tonnes [+]
Crude Oil Production 10003.00 10095.00 10131.00 5707.00 BBL/D/1K [+]
Foreign Direct Investment 12229.00 9147.00 40147.00 4466.00 Million USD [+]
Remittances 4545.00 4784.00 5728.00 1359.00 Million USD [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2261.00 Sep/14 -1013.00 2227.00 -3892.00 AUD Million [+]
Brazil -1177.00 Oct/14 -939.00 5659.37 -4058.14 USD Million [+]
Canada 710.00 Sep/14 -463.00 8524.80 -2902.90 CAD Million [+]
China 454.05 Oct/14 309.43 498.30 -319.71 USD Hundred Million [+]
Euro Area 18486.50 Sep/14 8632.50 21553.00 -16638.00 EUR Million [+]
France -4715.00 Sep/14 -5025.00 2674.00 -7086.00 EUR Million [+]
Germany 21900.00 Sep/14 14100.00 23400.00 -535.91 EUR Million [+]
India -13350.00 Oct/14 -14247.42 258.90 -20210.90 USD Million [+]
Indonesia -270.30 Sep/14 -312.00 4641.92 -2329.13 USD Million [+]
Italy 2014.00 Sep/14 2056.00 6923.00 -6389.30 EUR Million [+]
Japan -709.99 Oct/14 -958.30 1608.67 -2795.04 JPY Billion [+]
Mexico 143.00 Oct/14 590.00 1710.25 -3292.30 USD Million [+]
Netherlands 3498.00 Sep/14 2848.00 4948.70 -907.60 EUR Million [+]
Russia 12953.00 Sep/14 15848.00 20356.00 -185.00 USD Million [+]
South Korea 7500.00 Oct/14 3430.00 7500.00 -4043.45 USD Million [+]
Spain -2373700.00 Sep/14 -2771962.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3255.00 Oct/14 2489.00 3901.00 -1478.68 CHF million [+]
Turkey -6925.00 Sep/14 -8040.00 24.51 -10453.06 USD Million [+]
United Kingdom -2838.00 Sep/14 -1768.00 2946.00 -5269.00 GBP Million [+]
United States -43030.00 Sep/14 -39990.00 1946.00 -67823.00 USD Million [+]