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

Russian trade surplus increased by 2.2 percent to $9.14 billion in November 2016 from $8.94 billion in the same month a year earlier, well above market expectations of a $7.6 billion surplus. Exports rose 4.9 percent, the first increase since July 2014; and imports went up 6.4 percent, the fourth consecutive month of growth. Considering the first eleven months of the year, the trade surplus shrank 42.7 percent to $78.59 billion from $137.21 billion in the same period of 2015, as exports fell 19.8 percent and imports declined at a much slower 1.9 percent. Balance of Trade in Russia averaged 9065.87 USD Million from 1997 until 2016, 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
Receive the next reported value for Russia Balance of Trade in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-11 01:00 PM Sep $7.38B $4.9B $6.9B $ 6.1B
2016-12-12 01:00 PM Oct $6.6B $7.38B $8.2B $ 6.7B
2017-01-16 01:00 PM Nov $9.1B $6.6B $7.6B $6.8B
2017-02-10 01:00 PM Dec $9.1B $9.2B
2017-03-14 01:00 PM Jan $6.0B
2017-04-11 01:00 PM Feb $6.9B




Russian Trade Surplus Widens Unexpectedly In November


Russian trade surplus increased by 2.2 percent to $9.14 billion in November 2016 from $8.94 billion in the same month a year earlier, well above market expectations of a $7.6 billion surplus. Exports rose 4.9 percent, the first increase since July 2014; and imports went up 6.4 percent, the fourth consecutive month of growth.

Exports increased by 4.9 percent to an eleven-month high of $26.65 billion from $25.40 billion in November 2015. It was the first annual rise since July 2014, as exports to non-CIS countries advanced 6.4 percent (from -6.7 percent in October) while those to CIS countries fell 3 percent (from -12.3 percent). Imports went up 6.4 percent to $17.51 billion from $16.46 billion a year earlier, marking the fourth consecutive month of gains. Imports from non-CIS countries climbed 6.1 percent (from +8.7 percent in October) and those from CIS countries advanced by 9.3 percent (from +4.5 percent).

The trade surplus with non-CIS countries rose 7 percent to $7.26 billion from $6.79 billion a year ago while with CIS countries it fell 13.1 percent to $1.87 billion from $2.16 billion.

Considering the first eleven months of the year, the trade surplus shrank 42.7 percent to $78.59 billion from $137.21 billion in the same period of 2015, as exports fell 19.8 percent to $250.70 billion and imports declined at a much slower 1.9 percent to $172.11 billion.

Joana Ferreira | joana.ferreira@tradingeconomics.com
1/16/2017 2:23:38 PM



Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 9137.00 6604.00 20356.00 -185.00 USD Million [+]
Exports 26648.00 24904.00 50248.00 4100.00 USD Million [+]
Imports 17511.00 18300.00 32481.00 2691.00 USD Million [+]
Current Account 7800.00 404.00 39286.00 -3774.00 USD Million [+]
Current Account to GDP 5.10 3.10 18.00 -1.40 percent [+]
External Debt 518.70 519.40 732.80 151.30 USD Billion [+]
Capital Flows 2894.31 840.99 32844.54 -47722.55 USD Million [+]
Gold Reserves 1542.66 1498.74 1542.66 343.41 Tonnes [+]
Crude Oil Production 10729.00 10316.00 10729.00 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 7115.00 -385.00 40140.00 -3922.00 USD Million [+]



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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9137.00 6604.00 20356.00 -185.00 1997 - 2016 USD Million Monthly



Last
Afghanistan -7159.00 Dec/15
Albania -33679.40 Dec/16
Algeria -1308.00 Dec/15
Angola 4470.03 Jun/16
Argentina 100.00 Nov/16
Armenia -173.30 Nov/16
Aruba -465.10 Sep/16
Australia 1243.00 Nov/16
Austria -465.00 Oct/16
Azerbaijan 981353.00 Sep/16
Bahamas -517.60 Sep/16
Bahrain 312.40 Dec/15
Bangladesh -89.57 Oct/16
Barbados -181864.00 Jun/16
Belarus -340.90 Nov/16
Belgium 2456.70 Nov/16
Belize -153.10 Nov/16
Benin -278.15 Sep/16
Bhutan -26021.60 Dec/15
Bolivia -116.89 Sep/16
Bosnia and Herzegovina -499648.55 Nov/16
Botswana -2508.80 Oct/16
Brazil 4415.00 Dec/16
Brunei 246.20 Oct/16
Bulgaria -241.80 Nov/16
Burkina Faso -86.40 Mar/16
Burundi -118434.20 Aug/16
Cambodia -554.50 Sep/16
Cameroon -1189.42 Dec/14
Canada 526.40 Nov/16
Cape Verde -5397.60 Oct/16
Cayman Islands -746.00 Dec/15
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile 1226.87 Dec/16
China 408.18 Dec/16
Colombia -0.93 Oct/16
Comoros -73203.00 Dec/16
Congo 1001.80 Dec/14
Costa Rica -569.90 Nov/16
Croatia -3668.67 Nov/16
Cuba -9578.00 Dec/15
Cyprus -338508.00 Nov/16
Czech Republic 37502.29 Nov/16
Denmark 5123.30 Nov/16
Djibouti -168260.00 Dec/15
Dominican Republic -589.40 Jun/16
East Timor -39175.91 Jun/16
Ecuador -112866.00 Nov/16
Egypt -3166.00 Oct/16
El Salvador -435.57 Nov/16
Equatorial Guinea 2723.70 Dec/10
Eritrea -833.00 Dec/15
Estonia -112.57 Nov/16
Ethiopia -3254.50 Jun/16
Euro Area 25941.20 Nov/16
European Union 6900.10 Nov/16
Fiji -204403.00 Sep/16
Finland -150.00 Nov/16
France -4377.00 Nov/16
Gabon 3711.95 Dec/13
Gambia -2344.80 Jun/16
Georgia -766.50 Dec/16
Germany 22618.00 Nov/16
Ghana -452.40 Sep/16
Greece -1554.80 Nov/16
Guatemala -691.30 Nov/16
Guinea 32.97 Sep/16
Guinea Bissau 8.20 Dec/15
Guyana -133.90 Sep/16
Haiti -236.40 Sep/16
Honduras -556.90 Sep/16
Hong Kong -34053.00 Nov/16
Hungary 280000.00 Nov/16
Iceland -4400.00 Dec/16
India -10369.40 Dec/16
Indonesia 992.10 Dec/16
Iran 4258.00 Dec/15
Iraq 4397.00 Dec/15
Ireland 4044600.00 Nov/16
Israel -1442.80 Dec/16
Italy 4202.85 Nov/16
Ivory Coast 1256.00 Dec/15
Jamaica -723200.00 Jun/16
Japan 153.00 Nov/16
Jordan -746551.00 Oct/16
Kazakhstan 1297.60 Nov/16
Kenya -73063.30 Oct/16
Kosovo -202700.00 Nov/16
Kuwait 1422.20 Sep/16
Kyrgyzstan -208.00 Nov/16
Laos -339.15 Jun/16
Latvia -122.10 Nov/16
Lebanon -1222.52 Oct/16
Lesotho -2305.61 Sep/16
Liberia -82.20 Sep/16
Libya -7687.60 Dec/15
Liechtenstein 327117.00 Sep/16
Lithuania -26.10 Nov/16
Luxembourg -0.80 Oct/16
Macau -6026970.00 Nov/16
Macedonia -186849.00 Nov/16
Madagascar -234693.00 Sep/16
Malawi -53950.00 Mar/16
Malaysia 9030.00 Nov/16
Maldives -157.50 Sep/16
Mali -226.10 Sep/15
Malta -102800.00 Nov/16
Mauritania -79.64 Mar/16
Mauritius -8218.00 Oct/16
Mexico 200.00 Nov/16
Moldova -135.80 Nov/16
Monaco -104.50 Jun/16
Mongolia 362.30 Dec/16
Montenegro -132470.00 Nov/16
Morocco -13866.00 Nov/16
Mozambique -434.30 Sep/16
Myanmar -181.40 Apr/16
Namibia -6654.37 Sep/16
Nepal -80884.00 Jun/16
Netherlands 5544.00 Nov/16
New Caledonia -7307.00 Oct/16
New Zealand -704.62 Nov/16
Nicaragua -212.90 Sep/16
Niger -108402.00 Sep/16
Nigeria -27238.30 Sep/16
North Korea -476.67 Dec/15
Norway 23279.00 Dec/16
Oman 119.20 Jul/16
Pakistan -289139.00 Dec/16
Palestine -320.60 Oct/16
Panama -961388.00 Nov/16
Papua New Guinea 3223.00 Jun/16
Paraguay -453352.00 Dec/16
Peru 279.00 Nov/16
Philippines -2566000.00 Nov/16
Poland 102.00 Nov/16
Portugal -790.68 Nov/16
Puerto Rico 2801.60 Oct/16
Qatar 9630.00 Nov/16
Republic of the Congo 4092.35 Dec/10
Romania -865.50 Nov/16
Russia 9137.00 Nov/16
Rwanda -116.57 Nov/16
Sao Tome and Principe -29.78 Sep/16
Saudi Arabia 73133.00 Sep/16
Senegal -201.40 Nov/16
Serbia -320.40 Nov/16
Seychelles -44.02 Nov/16
Sierra Leone -52.89 Jun/16
Singapore 6120.70 Dec/16
Slovakia 287.00 Nov/16
Slovenia -15.23 Nov/16
Somalia -1473.48 Dec/15
South Africa -1091.85 Nov/16
South Korea 7000.00 Dec/16
South Sudan -104.70 Dec/15
Spain -1246304.00 Nov/16
Sri Lanka -922.00 Nov/16
Sudan -338394.00 Sep/16
Suriname 42.20 Sep/16
Swaziland 1037.15 Mar/16
Sweden -1100.00 Nov/16
Switzerland 3636.00 Nov/16
Syria 9394.50 Dec/10
Taiwan 4864.00 Dec/16
Tajikistan -188.00 Nov/16
Tanzania -88.90 Oct/16
Thailand 1540.00 Nov/16
Togo -74.03 Jun/16
Trinidad and Tobago -364.10 Jun/16
Tunisia -992.50 Dec/16
Turkey -4113.35 Nov/16
Turkmenistan 2181.97 Dec/15
Uganda -131.90 Nov/16
Ukraine -235.50 Nov/16
United Arab Emirates 328300.00 Dec/15
United Kingdom -4167.00 Nov/16
United States -45240.00 Nov/16
Uruguay -140377.00 Nov/17
Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam -494.00 Dec/16
Yemen -2914.30 Dec/13
Zambia -998.80 Sep/16
Zimbabwe -241.27 Aug/16