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

Russia recorded a trade surplus of 15700 USD Million in September of 2014. Balance of Trade in Russia averaged 8925.26 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.

   
 
 

Russia Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
15700.00 15850.00 20356.00 -185.00 1997 - 2014 USD Million Monthly
Russia runs regular trade surpluses primarily due to exports of commodities. Russia main exports are oil and natural gas (58 percent of total exports), nickel, palladium, iron and chemical products. Others include: cars, military equipment and timber. Russia imports food, ground transports, pharmaceuticals and textile and footwear. Main trading partners are: China (7 percent of total exports and 10 percent of imports), Germany (7 percent of exports and 8 percent of imports) and Italy. 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, November 1, 2014.


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.

Year-on-year, exports fell 3.7 percent to USD 40.9 billion. Sales to countries outside the Commonwealth of Independent States (CIS) increased 1 percent while shipments to the CIS countries dropped 28.2 percent.

Imports fell for the eighth straight month by 11.5 percent yoy to USD 25 billion. Purchases from non-CIS dropped 10.1 percent while those from the CIS countries shrank by 21.1 percent.

On a monthly basis, non-seasonally adjusted exports dropped 12.3 percent while imports contracted 13.5 percent.

Central Bank of Russia | Joana Taborda | joana.taborda@tradingeconomics.com
10/10/2014 12:40:42 PM


Recent Releases

Russian Trade Surplus at 3-Month High
Russian trade surplus widened to USD 17.07 billion in July of 2014 from USD 13.45 billion a year earlier, driven by higher exports to countries outside the Commonwealth of Independent States. Published on 2014-09-11

Russia Trade Surplus Deteriorates Sharply in June
Russian trade surplus narrowed 24 percent to USD 13.97 billion in June of 2014 from USD 18.28 billion reported in previous month as exports decreased 8 percent and imports grew 3 percent. Published on 2014-08-11


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-07-11 10:30 AM Russia
Balance of Trade
May 2014 $ 18.28B $ 19.8B $ 18.7B $ 18.4B
2014-08-11 01:00 PM Russia
Balance of Trade
Jun 2014 $ 13.96B $ 18.28B $ 16.3B $ 16.7B
2014-09-11 01:00 PM Russia
Balance of Trade
Jul 2014 $ 17.07B $ 13.96B $ 12.0B $ 14.8B
2014-10-10 11:50 AM Russia
Balance of Trade
Aug 2014 $ 15.84B $ 17.07B $ 16.1B $ 17.7B
2014-11-10 01:00 PM Russia
Balance of Trade
Sep 2014 $ 15.84B $ 17.8B


Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 15700.00 15850.00 20356.00 -185.00 USD Million [+]
Exports 41360.00 40937.00 50248.00 4100.00 USD Million [+]
Imports 25667.00 25089.00 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 10095.00 10083.00 10131.00 5707.00 BBL/D/1K [+]