Russia Balance of Trade  1997-2017 | Data | Chart | Calendar | Forecast

Russia's trade surplus increased by 8.1 percent to USD 8.69 billion in June 2017 from USD 8.04 billion in the same month a year earlier and above market expectations of a USD 7.5 billion surplus. Exports rose 22.8 percent to USD 29.52 billion and imports went up 30.2 percent to USD 20.83 billion. Balance of Trade in Russia averaged 9095.90 USD Million from 1997 until 2017, 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.

Russia Balance of Trade
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Russia Trade Surplus Widens in June


Russia's trade surplus increased by 8.1 percent to USD 8.69 billion in June 2017 from USD 8.04 billion in the same month a year earlier and above market expectations of a USD 7.5 billion surplus. Exports rose 22.8 percent to USD 29.52 billion and imports went up 30.2 percent to USD 20.83 billion.

Exports increased by 22.8 percent to USD 29.52 billion from USD 24.04 billion in June 2016, as exports to non-CIS countries advanced 21.8 percent to USD 25.04 billion while those to CIS countries went up 28.8 percent to USD 4.48 billion. 

Imports went up 30.2 percent to USD 20.83 billion from USD 16.00 billion a year earlier. Imports from non-CIS countries climbed 31.6 percent to USD 18.59 billion and those from CIS countries advanced by 19.2 percent to USD 2.24 billion.

The trade surplus with non-CIS countries edged up 0.1 percent to USD 6.45 billion from USD 6.44 billion a year ago while with CIS countries jumped 40.1 percent to USD 2.24 billion from USD 1.60 billion.

Joana Ferreira | joana.ferreira@tradingeconomics.com
8/11/2017 1:18:57 PM



Calendar GMT Actual Previous Consensus Forecast (i)
2017-06-09 01:00 PM Apr $8B $12.6B $8.5B $8.2B
2017-07-12 01:00 PM May $8.52B $8B $8.3B $9B
2017-08-11 01:00 PM Jun $8.69B $8.52B $7.5B $9.2B
2017-09-08 01:00 PM Jul $8.1B
2017-10-12 01:00 PM Aug $7.6B
2017-11-10 01:00 PM Sep $9.5B


Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 8690.00 8519.00 20356.00 -185.00 USD Million [+]
Exports 29518.00 28173.00 50248.00 4100.00 USD Million [+]
Imports 20828.00 19654.00 32481.00 2691.00 USD Million [+]
Current Account -300.00 23300.00 39286.00 -3774.00 USD Million [+]
Current Account to GDP 1.80 5.10 18.00 -1.40 percent [+]
External Debt 529.60 529.70 732.80 151.30 USD Billion [+]
Capital Flows 22108.98 7140.13 32844.54 -47722.55 USD Million [+]
Gold Reserves 1680.10 1615.22 1680.10 343.41 Tonnes [+]
Crude Oil Production 10603.00 10654.00 10832.00 5707.00 BBL/D/1K [+]
Remittances 5410.00 4478.00 5728.00 1359.00 USD Million [+]
Terrorism Index 5.43 6.21 7.21 5.43 [+]
Weapons Sales 6432.00 5554.00 8658.00 1478.00 USD Million [+]
Foreign Direct Investment 21202.00 4212.00 40140.00 -3922.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Russia Balance of Trade Notes

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. This page provides - Russia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
8690.00 8519.00 20356.00 -185.00 1997 - 2017 USD Million Monthly



balance of trade by Country

Last
Australia 856.00 Jun/17
Brazil 6298.00 Jul/17
Canada -3601.90 Jun/17
China 467.36 Jul/17
Euro Area 26587.50 Jun/17
France -4657.00 Jun/17
Germany 22324.00 Jun/17
India -11449.80 Jul/17
Indonesia -271.20 Jul/17
Italy 4502.18 Jun/17
Japan 418.77 Jul/17
Mexico 61.53 Jun/17
Netherlands 6620.00 Jun/17
Russia 8690.00 Jun/17
South Korea 10646.00 Jul/17
Spain -1431000.00 May/17
Switzerland 2812.51 Jun/17
Turkey -6010.95 Jun/17
United Kingdom -4564.00 Jun/17
United States -43642.00 Jun/17