Russia's trade surplus widened to USD 10.59 billion in April 2021, from USD 7.39 billion in the corresponding month of the previous year. Exports jumped 47.6 percent from a year earlier to USD 36.86 billion, the highest level since December 2019, boosted by sales to non-CIS (45.9 percent) and CIS countries (58.1 percent). Meanwhile, imports rose 49.4 percent to USD 26.27 billion, the highest since October 2014, on the back of purchases from non-CIS (50.3 percent) and CIS countries (42.0 percent). source: Central Bank of Russia

Balance of Trade in Russia averaged 9457.43 USD Million from 1997 until 2021, reaching an all time high of 20356 USD Million in January of 2012 and a record low of -203 USD Million in February of 1998. This page provides - Russia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.

Balance of Trade in Russia is expected to be 10100.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Russia to stand at 13100.00 in 12 months time. In the long-term, the Russia Balance of Trade is projected to trend around 14900.00 USD Million in 2022 and 15200.00 USD Million in 2023, according to our econometric models.

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Russia Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
10591.00 10022.00 20356.00 -203.00 1997 - 2021 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-03-12 01:00 PM Jan $8.93B $10.556B $12.1B $12.5B
2021-04-09 01:00 PM Feb $8.315B $9.33B $9.8B $9.5B
2021-05-12 01:00 PM Mar $10.022B $8.315B $ 10.1B
2021-06-11 01:00 PM Apr $10.591B $10.022B $11B $9.1B
2021-07-12 01:00 PM May $10.591B $9.5B
2021-08-11 01:00 PM Jun $ 12.7B
2021-09-10 01:00 PM Jul
2021-10-12 01:00 PM Aug


News Stream
Russia Trade Surplus Widens as Exports, Imports Jump
Russia's trade surplus widened to USD 10.59 billion in April 2021, from USD 7.39 billion in the corresponding month of the previous year. Exports jumped 47.6 percent from a year earlier to USD 36.86 billion, the highest level since December 2019, boosted by sales to non-CIS (45.9 percent) and CIS countries (58.1 percent). Meanwhile, imports rose 49.4 percent to USD 26.27 billion, the highest since October 2014, on the back of purchases from non-CIS (50.3 percent) and CIS countries (42.0 percent).
2021-06-11
Russia Trade Surplus Widens in March
Russia's trade surplus widened to USD 10.02 billion in March of 2021 from USD 9.45 billion in the corresponding month of the previous year. Exports soared 19 percent from a year earlier to USD 35.71 billion, the highest since December 2019 boosted by sales to non-CIS countries (17.1 percent) and to CIS countries (31.4 percent). Meantime, imports jumped 25 percent to USD 25.69 billion, the highest since October 2014 due to a surge in purchases from non-CIS countries (25.6 percent) and CIS countries (19.9 percent). Considering the first quarter of the year, the country’s trade surplus narrowed to USD 27.66 billion from USD 33.1 billion.
2021-05-12
Russia Trade Surplus Narrows More than Expected
Russia's trade surplus shrank to USD 8.93 billion in January of 2021 from USD 13.43 billion in the corresponding month of the previous year and below market expectations of a USD 12.1 billion surplus. Exports tumbled 13.7 percent from a year earlier to USD 26.38 billion, mainly due to lower sales to non-CIS countries (-15.8 percent) while those to CIS countries went up 1.8 percent. Meanwhile, imports rose 1.8 percent to USD 17.45 billion, boosted by purchases from non-CIS countries (2.1 percent).
2021-03-12
Russia Trade Surplus Narrows in December
Russia's trade surplus shrank to USD 10.56 billion in December 2020 from USD 15.23 billion in the corresponding month of the previous year. Exports tumbled 10.4 percent from a year earlier to USD 35.5 billion due to lower sales to non-CIS (-10.7 percent) and CIS countries (-8.6 percent). Meanwhile, imports rose for the first time since February by 2.3 percent to USD 24.95 billion, boosted by purchases from non-CIS countries (3.3 percent). Considering the fourth quarter of 2020, the country’s trade surplus narrowed to USD 24.08 billion from USD 40.97 billion.
2021-02-11

Russia Balance of Trade
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.