Russia Balance of Trade  1997-2018 | Data | Chart | Calendar | Forecast

Russia's trade surplus widened by 95.5 percent to USD 15.32 billion in April 2018 from USD 7.83 billion in the same month a year earlier, beating market expectations of a USD 14.0 billion surplus. Exports jumped 38.9 percent to USD 36.25 billion and imports rose at a slower 14.6 percent to USD 20.93 billion. Balance of Trade in Russia averaged 9105.96 USD Million from 1997 until 2018, 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.

Russia Balance of Trade
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Russia April Trade Surplus Larger than Expected


Russia's trade surplus widened by 95.5 percent to USD 15.32 billion in April 2018 from USD 7.83 billion in the same month a year earlier, beating market expectations of a USD 14.0 billion surplus.

Exports jumped 38.9 percent to USD 36.25 billion in April from USD 26.10 billion a year ago, as exports to non-CIS countries climbed 41.6 percent to USD 31.52 billion and those to CIS countries went up 23.4 percent to USD 4.72 billion. 

Imports went up at a softer 14.6 percent to USD 20.93 billion from USD 18.26 billion a year earlier. Imports from non-CIS countries increased 14.4 percent to USD 18.65 billion and those from CIS countries advanced 16.1 percent to USD 2.28 billion. 

The trade surplus with non-CIS countries grew 115.6 percent to USD 12.87 billion from USD 5.97 billion a year ago; and with CIS countries it widened 31 percent to USD 2.44 billion from USD 1.86 billion.

Considering January-April, the trade surplus widened to USD 59.50 billion from USD 42.32 billion in the same period of 2017.


Joana Ferreira | joana.ferreira@tradingeconomics.com
6/11/2018 8:17:01 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-04-11 01:00 PM Balance of Trade $12.19B $16.99B $14B $15.9B
2018-05-11 01:00 PM Balance of Trade $15B $12.19B $16B $14.6B
2018-06-09 02:00 PM Balance of Trade $15.32B $15B $14B $14.4B
2018-07-12 01:00 PM Balance of Trade $15.32B $15.1B
2018-08-10 01:00 PM Balance of Trade $ 9.2B
2018-09-11 01:00 PM Balance of Trade


Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 15316.00 15001.00 20356.00 -203.00 USD Million [+]
Exports 36245.00 36897.00 50248.00 4100.00 USD Million [+]
Imports 20929.00 21896.00 32481.00 2525.00 USD Million [+]
Current Account 28800.00 13698.00 39286.00 -3774.00 USD Million [+]
Current Account to GDP 1.80 5.10 18.00 -1.40 percent [+]
External Debt 524.90 529.10 732.80 151.30 USD Billion [+]
Capital Flows 8300.00 13584.00 32845.00 -47723.00 USD Million [+]
Gold Reserves 1909.80 1857.70 1909.80 343.41 Tonnes [+]
Crude Oil Production 10552.00 10550.00 10832.00 5707.00 BBL/D/1K [+]
Terrorism Index 5.33 5.43 7.21 5.33 [+]
Weapons Sales 6148.00 6937.00 8658.00 1478.00 USD Million [+]
Remittances 440.00 398.00 440.00 44.00 USD Million [+]
Foreign Direct Investment 4300.00 1742.00 40140.00 -3922.00 USD Million [+]

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



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. 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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
15316.00 15001.00 20356.00 -203.00 1997 - 2018 USD Million Monthly




balance of trade by Country
Country Last
Australia 977.00 Apr/18
Brazil 5981.00 May/18
Canada -1902.20 Apr/18
China 249.22 May/18
Euro Area 16704.70 Apr/18
France -4954.00 Apr/18
Germany 20413.00 Apr/18
India -14620.00 May/18
Indonesia -1629.30 Apr/18
Italy 2937.96 Apr/18
Japan -578.32 May/18
Mexico -289.15 Apr/18
Netherlands 3841.00 Apr/18
Russia 15316.00 Apr/18
South Korea 6732.00 May/18
Spain -830631.00 Mar/18
Switzerland 2255.00 May/18
Turkey -6690.00 Apr/18
United Kingdom -5280.00 Apr/18
United States -46199.00 Apr/18


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