Russia recorded a trade surplus of 13590 USD Million in July of 2026. Balance of Trade in Russia averaged 10281.57 USD Million from 1996 until 2026, reaching an all time high of 37463.00 USD Million in March of 2022 and a record low of -203.00 USD Million in February of 1998. source: Central Bank of Russia

Balance of Trade in Russia is expected to be 12400.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Balance of Trade is projected to trend around 13900.00 USD Million in 2027 and 14300.00 USD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-11 01:00 PM
Balance of Trade
Jun $12.46B $14.31B $ 14.5B
2026-09-11 01:00 PM
Balance of Trade
Jul $13.59B $12.46B $13.5B
2026-10-12 01:00 PM
Balance of Trade
Aug $13.59B


Related Last Previous Unit Reference
Balance of Trade 13590.00 12460.00 USD Million Jul 2026
Capital Flows 11219.00 9956.00 USD Million Mar 2026
Current Account 21400.00 12700.00 USD Million Jun 2026
Current Account to GDP 2.00 3.00 percent of GDP Dec 2025
Exports 45010.00 43239.00 USD Million Jul 2026
External Debt 299.10 306.80 USD Billion Mar 2026
Foreign Direct Investment -1364.56 -4046.53 USD Million Mar 2026
Imports 31415.00 30921.00 USD Million Jul 2026


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. 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.
Actual Previous Highest Lowest Dates Unit Frequency
13590.00 12460.00 37463.00 -203.00 1996 - 2026 USD Million Monthly

News Stream
Russia Trade Surplus Widens in June
The Russian trade surplus widened to USD 12.5 billion in June of 2026 from USD 8.2 billion in the corresponding period of the previous year. Exports climbed by 32.6% year-on-year to USD 43.3 billion, the highest this year, supported by stronger energy revenues as oil and gas prices remained elevated amid disruptions to tanker flows from the Persian Gulf following the escalation of the war in the Middle East. Higher global energy prices boosted the value of Russian crude and gas shipments, while the easing of some US sanctions also supported exports. Meanwhile, imports rose by 26% to USD 30.8 billion, reflecting stronger purchases of machinery, equipment and transport vehicles as domestic demand and investment remained resilient.
2026-08-11
Russia Trade Surplus Widens in May
The Russian trade surplus widened to $14.2 billion in May of 2026 from $7.4 billion in the corresponding period of the previous year. Exports surged by 32.4% annually to $42.8 billion, the highest this year and the sharpest increase in four years. Sales were supported by larger energy sales after the outbreak of war in the Middle East halted tanker flows from the Persian Gulf and lifted oil and gas prices across the globe. Besides higher prices, Russian oil companies also benefited from the loosened sanctions from the US as Washington attempted to tame the surge in energy costs. Meanwhile, imports rose by 14.8% to $28.7 billion.
2026-07-13
Russia Trade Surplus Widens for 2nd Month
The Russian trade surplus widened to $14.43 billion in April of 2026 from $12.29 billion in the corresponding period of the previous year, the highest for the period in four years. Exports surged by 15.6% annually to $38.83 billion, supported by higher turnover for energy exporters after the outbreak of war in the Middle East halted tanker flows from the Persian Gulf and lifted oil and gas prices across the globe. Besides higher prices, Russian oil companies also benefited from the loosened sanctions from the US as Washington attempted to tame the surge in energy costs. Meanwhile, imports rose by 7.5% to $27.4 billion.
2026-06-11