Russia Balance of Trade  1997-2017 | Data | Chart | Calendar | Forecast

Russian trade surplus increased by 40.3 percent to $10.17 billion in February 2017 from $7.2 billion in the same month a year earlier, while slightly below market expectations of a $10.5 billion surplus. Exports jumped 28 percent to $25.75 billion and imports went up 21.1 percent to $15.58 billion. Balance of Trade in Russia averaged 9090.01 USD Million from 1997 until 2017, 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.

Russia Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-10 01:00 PM Dec $11.83B $9.1B $9.85B $9.2B
2017-03-14 01:00 PM Jan $11.45B $11.83B $13.2B $12.1B
2017-04-11 01:00 PM Feb $10.17B $11.45B $10.5B $10.1B
2017-05-12 01:00 PM Mar $10.17B $9B
2017-06-09 01:00 PM Apr $8.2B
2017-07-12 01:00 PM May $9.5B




Russia Trade Surplus Widens 40% YoY In February


Russia Trade Surplus Widens 40% YoY In February Russian trade surplus increased by 40.3 percent to $10.17 billion in February 2017 from $7.2 billion in the same month a year earlier, while slightly below market expectations of a $10.5 billion surplus.

Exports increased by 28 percent to $25.7 billion from $20.1 billion in February 2016. Exports to non-CIS countries advanced 28.5 percent (from 49.1 percent in January) while those to CIS countries went up 24.6 percent (from 34.7 percent). 

Imports went up 21.1 percent to $15.6 billion from $12.9 billion a year earlier, marking the seventh consecutive month of gains. Imports from non-CIS countries climbed 18.8 percent (from 35.8 percent in January) and those from CIS countries advanced by 42.2 percent (from 65.9 percent).

The trade surplus with non-CIS countries jumped by 48.2 percent to 8.6 billion from $5.8 billion a year ago while with CIS countries went up 9.4 percent to $1.6 billion from $1.4 billion.

Yekaterina Guchshina | yekaterina@tradingeconomics.com
4/11/2017 1:13:03 PM



Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 10171.00 11445.00 20356.00 -185.00 USD Million [+]
Exports 25753.00 25121.00 50248.00 4100.00 USD Million [+]
Imports 15582.00 13676.00 32481.00 2691.00 USD Million [+]
Current Account 22800.00 10124.00 39286.00 -3774.00 USD Million [+]
Current Account to GDP 1.80 5.10 18.00 -1.40 percent [+]
External Debt 529.70 518.70 732.80 151.30 USD Billion [+]
Capital Flows 7140.13 2894.31 32844.54 -47722.55 USD Million [+]
Gold Reserves 1615.22 1542.66 1615.22 343.41 Tonnes [+]
Crude Oil Production 10830.00 10832.00 10832.00 5707.00 BBL/D/1K [+]
Remittances 4478.00 4637.00 5728.00 1359.00 USD Million [+]
Terrorism Index 5.43 6.21 7.21 5.43 [+]
Weapons Sales 5483.00 5468.00 8695.00 1478.00 USD Million [+]
Foreign Direct Investment 21202.00 4212.00 40140.00 -3922.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Russia Balance of Trade Notes

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. This page provides - Russia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
10171.00 11445.00 20356.00 -185.00 1997 - 2017 USD Million Monthly



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