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

Russia recorded a trade surplus of 17068 USD Million in July of 2014. Balance of Trade in Russia averaged 8861.50 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.

   
 
 

Russia Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
17068.00 13957.00 20356.00 -185.00 1997 - 2014 USD Million Monthly
Russia runs regular trade surpluses primarily due to exports of commodities. Russia main exports are oil and natural gas (58 percent of total exports), nickel, palladium, iron and chemical products. Others include: cars, military equipment and timber. Russia imports food, ground transports, pharmaceuticals and textile and footwear. Main trading partners are: China (7 percent of total exports and 10 percent of imports), Germany (7 percent of exports and 8 percent of imports) and Italy. 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 Wednesday, September 17, 2014.


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.

Year-on-year, exports rose 5.4 percent to USD 46.06 billion. Sales to countries outside the Commonwealth of Independent States (CIS) increased 9 percent, offsetting a 15.2 percent drop in shipments to the CIS countries.

Imports fell 4.2 percent on the year to USD 28.99 billion. Purchases from non-CIS dropped 2.3 percent while those from the CIS countries shrank by 16.5 percent.

On a monthly basis, non-seasonally adjusted exports rose 13 percent while imports advanced 8.2 percent.

Central Bank of Russia | Joana Taborda | joana.taborda@tradingeconomics.com
9/11/2014 1:27:03 PM


Recent Releases

Russia Trade Surplus Deteriorates Sharply in June
Russian trade surplus narrowed 24 percent to USD 13.97 billion in June of 2014 from USD 18.28 billion reported in previous month as exports decreased 8 percent and imports grew 3 percent. Published on 2014-08-11

Russia Trade Surplus Narrows in May
Russian trade surplus narrowed 7.8 percent over the previous month to USD 18.28 billion in May of 2014, as exports fell for the first time in three months. Compared with the same month of 2013, the trade surplus widened 25 percent, due to a surge in exports to the Commonwealth of Independent States countries. Published on 2014-07-11


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-06-11 12:15 PM Russia
Balance of Trade
Apr 2014 $ 19.8B $ 19.7B $ 17.4B $ 15.5B
2014-07-11 10:30 AM Russia
Balance of Trade
May 2014 $ 18.28B $ 19.8B $ 18.7B $ 18.4B
2014-08-11 01:00 PM Russia
Balance of Trade
Jun 2014 $ 13.96B $ 18.28B $ 16.3B $ 16.7B
2014-09-11 01:00 PM Russia
Balance of Trade
Jul 2014 $ 17.07B $ 13.96B $ 12.0B $ 14.8B
2014-10-10 01:00 PM Russia
Balance of Trade
Aug 2014 $ 17.07B $ 17.7B


Trade Last Previous Highest Lowest Unit
Balance of Trade 17068.00 13957.00 20356.00 -185.00 USD Million [+]
Exports 46060.00 40745.00 50248.00 4100.00 USD Million [+]
Imports 28992.00 26788.00 32486.00 2691.00 USD Million [+]
Current Account 17100.00 27089.00 39494.00 -3637.00 USD Million [+]
Current Account to GDP 1.56 3.60 18.00 -1.40 Percent [+]
External Debt 720.90 723.90 732.00 545.40 USD Billion [+]
Capital Flows -21414.00 -4182.00 3031.00 -34209.00 USD Million [+]
Gold Reserves 1094.73 1040.71 1094.73 343.41 Tonnes [+]
Crude Oil Production 10085.00 10083.00 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 -1359.00 Jul/14 -1564.00 2225.00 -3907.00 AUD Million [+]
Brazil 1168.00 Aug/14 1573.96 5659.37 -4058.14 USD Million [+]
Canada 2580.00 Jul/14 1830.00 8524.80 -2902.90 CAD Million [+]
China 498.30 Aug/14 473.01 498.30 -319.71 USD Hundred Million [+]
Euro Area 21200.00 Jul/14 16700.00 21780.80 -16638.00 EUR Million [+]
France -5539.00 Jul/14 -5576.00 2674.00 -7086.00 EUR Million [+]
Germany 23400.00 Jul/14 16600.00 23400.00 -535.91 EUR Million [+]
India -10838.56 Aug/14 -12228.60 258.90 -20210.90 USD Million [+]
Indonesia 130.00 Jul/14 -288.00 4641.92 -2329.13 USD Million [+]
Italy 3236.30 Jun/14 3717.91 6382.90 -6389.30 EUR Million [+]
Japan -963.99 Jul/14 -823.20 1608.67 -2795.04 JPY Billion [+]
Mexico -979.88 Jul/14 423.73 1710.25 -3292.30 USD Million [+]
Netherlands 2724.00 Jul/14 4455.40 4948.70 -907.60 EUR Million [+]
Russia 17068.00 Jul/14 13957.00 20356.00 -185.00 USD Million [+]
South Korea 3400.00 Aug/14 2398.95 6794.27 -4043.45 USD Million [+]
Spain -1477012.00 Jun/14 -1756166.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3983.49 Jul/14 1412.00 3983.49 -1478.68 CHF million [+]
Turkey -6460.00 Jul/14 -7853.06 24.51 -10453.06 USD Million [+]
United Kingdom -3348.00 Jul/14 -2459.00 2946.00 -5269.00 GBP Million [+]
United States -40546.00 Jul/14 -40810.00 1946.00 -67823.00 USD Million [+]





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