The Russian trade surplus widened to $13.97 billion in March of 2026 from $12.3 billion in the corresponding period of the previous year, the widest in two years. Exports jumped by 15.8% annually to $41.06 billion in the period, also the highest in two years, 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. The jump matched the near doubling of oil export turnover to $19 billion in March, according to data compiled by the IEA, even though flows through the Druzhba pipeline remained halted. Meanwhile, imports rose by 16.9% to $27.10 billion. source: Central Bank of Russia

Russia recorded a trade surplus of 13970 USD Million in March of 2026. Balance of Trade in Russia averaged 10256.07 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. 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 May of 2026.

Russia recorded a trade surplus of 13970 USD Million in March of 2026. Balance of Trade in Russia is expected to be 14500.00 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 8900.00 USD Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-13 01:00 PM
Balance of Trade
Feb $5.35B $6.45B $8.9B
2026-05-14 01:00 PM
Balance of Trade
Mar $13.97B $5.08B $11.75B $ 12.5B
2026-06-11 01:00 PM
Balance of Trade
Apr $13.97B


Related Last Previous Unit Reference
Balance of Trade 13970.00 5350.00 USD Million Mar 2026
Capital Flows 9956.00 7500.57 USD Million Dec 2025
Current Account 12200.00 9360.00 USD Million Mar 2026
Current Account to GDP 2.00 3.00 percent of GDP Dec 2025
Exports 41064.00 29854.00 USD Million Mar 2026
External Debt 319.40 309.60 USD Billion Dec 2025
Foreign Direct Investment 11347.55 -1117.19 USD Million Dec 2025
Imports 27098.00 24775.00 USD Million Mar 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
13970.00 5350.00 37463.00 -203.00 1996 - 2026 USD Million Monthly

News Stream
Russian Trade Surplus Rises to 2-Year High
The Russian trade surplus widened to $13.97 billion in March of 2026 from $12.3 billion in the corresponding period of the previous year, the widest in two years. Exports jumped by 15.8% annually to $41.06 billion in the period, also the highest in two years, 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. The jump matched the near doubling of oil export turnover to $19 billion in March, according to data compiled by the IEA, even though flows through the Druzhba pipeline remained halted. Meanwhile, imports rose by 16.9% to $27.10 billion.
2026-05-14
Russia Trade Surplus Declines Sharply
Russia posted a trade surplus of $6.6 billion in January of 2026, the third lowest balance since the Covid pandemic triggered a shock in global oil demand and narrowing sharply from the $7.4 billion in the corresponding period of the previous year. Exports contracted by 9.1% from the previous year to $27.5 billion, the lowest in five years, due to lower crude oil prices and the gradual shun of cargoes by Indian refiners following the US sanctions on Lukoil and Rosneft. In turn, imports fell by 7.4% to $20.9 billion, the sharpest decline in eleven months, as a weakening domestic economy limited demand for goods.
2026-03-13
Russia Posts Smallest Trade Surplus in Over 2 Years
Russia recorded a trade surplus of $8.6 billion in November of 2025, narrowing from the $12.3 billion in the corresponding period of the previous year to mark the lowest trade surplus since July of 2023. It was the second-lowest surplus since February of 2022, when the Russian invasion of Ukraine resulted in shocks in global commodity markets and sweeping sanctions against the Russian economy. Exports contracted by 16.2% from the previous year to $32.9 billion, the sharpest decline in nearly two years, due to lower crude oil prices and the gradual shun of cargoes by Indian refiners following the US sanctions on Lukoil and Rosneft. In turn, imports fell by 3.1% to $26.1 billion, a fourth straight decline despite the strength in the ruble, as a weakening domestic economy limited demand for goods.
2026-01-23