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

Russia recorded a trade surplus of 13595 USD Million in October of 2014. Balance of Trade in Russia averaged 8934.24 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.

      Forecast    
Russia Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
13595.00 12953.00 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 Friday, December 19, 2014.


Russia Trade Surplus Widens in October


Russian trade surplus increased 6.2 percent year-on-year to USD 13.6 billion in October of 2014 as imports keep falling at a faster pace than exports.

Exports declined for the third consecutive month by 6.9 percent year-on-year to USD 40.5 billion in October of 2014. Sales to countries outside the Commonwealth of Independent States (CIS) dropped 2 percent while shipments to the CIS countries shrank for the fourth month in a row by 30.9 percent. 

Imports fell 12.4 percent year-on-year to USD 23.9 billion in October, following a 10 percent drop in the previous month. Purchases from the CIS countries contracted 29.1 percent while those from other countries fell 9.8 percent.

Central Bank of Russia | Joana Taborda | joana.taborda@tradingeconomics.com
12/12/2014 12:36:16 PM


Recent Releases

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. Published on 2014-11-11

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


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-10-10 11:50 AM
Balance of Trade  Aug
$ 15.84B $ 17.07B $ 16.1B $ 17.7B
2014-11-11 10:30 AM
Balance of Trade  Sep
$ 12.95B $ 15.84B $ 15.8B $ 14.5B
2014-12-12 08:50 AM
Balance of Trade  Oct
$ 13.6B $ 12.95B $ 12.2B
2015-01-12 10:30 AM
Balance of Trade  Nov
$ 13.6B
2015-02-12 10:30 AM
Balance of Trade  Dec
2015-03-12 10:30 AM
Balance of Trade  Jan


Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 13595.00 12953.00 20356.00 -185.00 USD Million [+]
Exports 40457.00 38783.00 50248.00 4100.00 USD Million [+]
Imports 26862.00 25830.00 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 678.40 720.90 732.00 545.40 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 10056.00 10003.00 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 -1323.00 Oct/14 -2235.00 2226.00 -3892.00 AUD Million [+]
Brazil -2350.52 Nov/14 -1177.00 5659.37 -4058.14 USD Million [+]
Canada 100.00 Oct/14 310.00 8524.80 -2902.90 CAD Million [+]
China 544.74 Nov/14 454.05 544.74 -319.71 USD Hundred Million [+]
Euro Area 24000.00 Oct/14 18100.00 24000.00 -16638.00 EUR Million [+]
France -4608.00 Oct/14 -4715.00 2674.00 -7086.00 EUR Million [+]
Germany 21900.00 Oct/14 22100.00 23400.00 -535.91 EUR Million [+]
India -16860.00 Nov/14 -13350.00 258.90 -20210.90 USD Million [+]
Indonesia 20.00 Oct/14 -270.30 4641.92 -2329.13 USD Million [+]
Italy 5397.00 Oct/14 2020.00 6923.00 -6389.30 EUR Million [+]
Japan -891.85 Nov/14 -709.99 1608.67 -2795.04 JPY Billion [+]
Mexico 143.00 Oct/14 590.00 1710.25 -3292.30 USD Million [+]
Netherlands 5195.00 Oct/14 4707.00 5195.00 -907.60 EUR Million [+]
Russia 13595.00 Oct/14 12953.00 20356.00 -185.00 USD Million [+]
South Korea 5606.00 Nov/14 7380.00 7380.00 -4043.45 USD Million [+]
Spain -2373700.00 Sep/14 -2771962.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3868.00 Nov/14 3226.00 3901.00 -1478.68 CHF million [+]
Turkey -6251.72 Oct/14 -6925.00 24.51 -10453.06 USD Million [+]
United Kingdom -2024.00 Oct/14 -2822.00 2946.00 -5397.00 GBP Million [+]
United States -43400.00 Oct/14 -43600.00 1946.00 -67823.00 USD Million [+]