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

Russia recorded a trade surplus of 13359 USD Million in November of 2014. Balance of Trade in Russia averaged 8956.47 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
13359.00 14222.00 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 Tuesday, January 27, 2015.


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.

Year-on-year, exports shrank 21.7 percent to USD 36.65 billion, the lowest value in nine months. November decline is the biggest since September of 2009 when sales contracted an annual 33.4 percent. Shipments to countries outside the Commonwealth of Independent States (CIS) dropped 20.9 percent while sales to the CIS countries – Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, Ukraine and Uzbekistan - fell 26.1 percent.

Imports declined 21.8 percent to USD 23.3 billion, the lowest since January. Purchases from the non-CIS countries fell 19.6 percent while those from the CIS countries dropped 35.9 percent. 

In October of 2014, Russia posted a revised USD 14.2 billion surplus.

Central Bank of Russia | Joana Taborda | joana.taborda@tradingeconomics.com
1/16/2015 6:30:09 PM


Recent Releases

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

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


Calendar GMT Event Actual Previous Consensus Forecast (i)
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
2015-01-16 12:30 PM
Balance of Trade  Nov
$ 13.4B $ 14.2B (R) $ 14.0B $ 14.6B
2015-02-12 10:30 AM
Balance of Trade  Dec
$ 13.4B $ 14.9B
2015-03-12 10:30 AM
Balance of Trade  Jan
$ 15.1B
2015-04-13 10:30 AM
Balance of Trade  Feb
$ 14B


Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 13359.00 14222.00 20356.00 -185.00 USD Million [+]
Exports 36655.00 41137.00 50248.00 4100.00 USD Million [+]
Imports 23296.00 26915.00 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 10079.00 10056.00 10131.00 5707.00 BBL/D/1K [+]
Foreign Direct Investment 11195.00 12600.00 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 -925.00 Nov/14 -877.00 2219.00 -3897.00 AUD Million [+]
Brazil 293.00 Dec/14 -2350.52 5659.37 -4058.14 USD Million [+]
Canada -644.30 Nov/14 -327.00 8524.80 -2902.90 CAD Million [+]
China 496.13 Dec/14 544.76 544.76 -319.71 USD Hundred Million [+]
Euro Area 19954.00 Nov/14 23646.00 23646.00 -16638.00 EUR Million [+]
France -3236.00 Nov/14 -4270.00 2674.00 -7086.00 EUR Million [+]
Germany 17883.46 Nov/14 22100.00 23400.00 -535.91 EUR Million [+]
India -9430.00 Dec/14 -16861.10 258.90 -20210.90 USD Million [+]
Indonesia -425.70 Nov/14 20.00 4641.92 -2329.13 USD Million [+]
Italy 3541.23 Nov/14 5396.00 6923.00 -6389.30 EUR Million [+]
Japan -660.70 Dec/14 -893.52 1608.67 -2795.04 JPY Billion [+]
Mexico -1076.36 Nov/14 143.00 1710.25 -3292.30 USD Million [+]
Netherlands 4531.00 Nov/14 4849.00 4948.70 -907.60 EUR Million [+]
Russia 13359.00 Nov/14 14222.00 20356.00 -185.00 USD Million [+]
South Korea 5780.00 Dec/14 5510.00 7380.00 -4043.45 USD Million [+]
Spain -1555245.00 Nov/14 -2240060.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3868.33 Nov/14 3226.00 3901.00 -1478.68 CHF million [+]
Turkey -8316.49 Nov/14 -6273.41 24.51 -10453.06 USD Million [+]
United Kingdom -1406.00 Nov/14 -2246.00 2946.00 -5397.00 GBP Million [+]
United States -39001.00 Nov/14 -42249.00 1946.00 -67823.00 USD Million [+]