Russia Balance of Trade 1997-2015 | Data | Chart | Calendar | Forecast

Russia recorded a trade surplus of 12927 USD Million in December of 2014. Balance of Trade in Russia averaged 8974.85 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
12927.00 13359.00 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 Saturday, February 28, 2015.


Russia Trade Surplus at 3-Month Low


Russian trade surplus shrank 24 percent to USD 12.93 billion in December of 2014 after declining 25 percent a month earlier.

Year-on-year, exports shrank 24.1 percent to USD 37.6 billion, following a 21.7 percent drop in November. Shipments to countries outside the Commonwealth of Independent States (CIS) dropped 23.5 percent while sales to the CIS countries – Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, Ukraine and Uzbekistan - fell 27.1 percent.

Imports declined 24 percent to USD 24.7 billion. Purchases from the non-CIS countries fell 21.9 percent while those from the CIS countries dropped 39.2 percent. 

In November of 2014, Russia posted a USD 13.6 billion surplus. 

Considering last three months of 2014, exports shrank 17.4 percent year-on-year while imports decreased at a faster 19.4 percent.

Central Bank of Russia | Joana Taborda | joana.taborda@tradingeconomics.com
2/11/2015 1:16:12 PM


Recent Releases

Russia Trade Surplus Shrinks in November
Russian trade surplus narrowed 21.4 percent year-on-year to USD 13.4 billion in November of 2014, as exports declined the most in five years. Published on 2015-01-16

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. Published on 2014-12-12


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-12-12 08:50 AM
Balance of Trade  Oct
$ 13.6B $ 12.95B $ 12.2B
2015-01-16 12:30 PM
Balance of Trade  Nov
$ 13.4B $ 14.2B (R) $ 14.0B $ 14.6B
2015-02-11 09:30 AM
Balance of Trade  Dec
$ 12.93B $ 13.4B $ 9.9B $ 14.6B
2015-03-10 01:00 PM
Balance of Trade  Jan
$ 12.93B $ 13B
2015-04-13 10:30 AM
Balance of Trade  Feb
$ 11.7B
2015-05-12 10:30 AM
Balance of Trade  Mar
$ 12.2B


Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 12927.00 13359.00 20356.00 -185.00 USD Million [+]
Exports 37605.00 36655.00 50248.00 4100.00 USD Million [+]
Imports 24678.00 23296.00 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 599.50 679.40 732.00 545.40 USD Billion [+]
Capital Flows -9408.00 -19703.00 3031.00 -34209.00 USD Million [+]
Gold Reserves 1149.83 1094.73 1149.83 343.41 Tonnes [+]
Crude Oil Production 10176.00 10079.00 10176.00 5707.00 BBL/D/1K [+]
Foreign Direct Investment 11195.00 12600.00 40147.00 4466.00 Million USD [+]
Remittances 4790.00 4545.00 5728.00 1359.00 Million USD [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -436.00 Dec/14 -1016.00 2219.00 -3897.00 AUD Million [+]
Brazil -3173.95 Jan/15 293.00 5659.37 -4058.14 USD Million [+]
Canada -650.00 Dec/14 -340.00 8524.80 -2902.90 CAD Million [+]
China 600.30 Jan/15 496.13 544.76 -319.71 USD Hundred Million [+]
Euro Area 24300.00 Dec/14 21200.00 24300.00 -16638.00 EUR Million [+]
France -3446.00 Dec/14 -3093.00 2674.00 -7086.00 EUR Million [+]
Germany 19000.00 Dec/14 17900.00 23400.00 -535.91 EUR Million [+]
India -8320.00 Jan/15 -9430.00 258.90 -20210.90 USD Million [+]
Indonesia 709.40 Jan/15 186.80 4641.92 -2329.13 USD Million [+]
Italy 5756.00 Dec/14 3541.23 6923.00 -6389.30 EUR Million [+]
Japan -1177.50 Jan/15 -660.70 1608.67 -2795.04 JPY Billion [+]
Mexico -3248.00 Jan/15 254.00 1710.25 -3292.30 USD Million [+]
Netherlands 4891.20 Dec/14 5110.00 5110.00 -907.60 EUR Million [+]
Russia 12927.00 Dec/14 13359.00 20356.00 -185.00 USD Million [+]
South Korea 5530.00 Jan/15 5750.00 7380.00 -4043.45 USD Million [+]
Spain -1821800.00 Dec/14 -1555245.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3432.72 Jan/15 1514.42 3901.00 -1478.68 CHF million [+]
Turkey -4305.31 Jan/15 -8505.55 24.51 -10453.06 USD Million [+]
United Kingdom -2895.00 Dec/14 -1841.00 2946.00 -5397.00 GBP Million [+]
United States -46560.00 Dec/14 -39750.00 1946.00 -67823.00 USD Million [+]