Russia recorded a trade surplus of 5353 USD Million in February of 2026. Balance of Trade in Russia averaged 10245.58 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 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
2026-03-13 01:00 PM
Balance of Trade
Jan $6.6B $9.8B $7.5B
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 $5.35B $ 12.5B


Related Last Previous Unit Reference
Balance of Trade 5353.00 6451.00 USD Million Feb 2026
Capital Flows 9956.00 7500.57 USD Million Dec 2025
Current Account 9200.00 9415.00 USD Million Dec 2025
Current Account to GDP 2.00 3.00 percent of GDP Dec 2025
Exports 30123.00 27480.00 USD Million Feb 2026
External Debt 319.40 309.60 USD Billion Dec 2025
Foreign Direct Investment 11347.55 -1117.19 USD Million Dec 2025
Imports 24770.00 21029.00 USD Million Feb 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
5353.00 6451.00 37463.00 -203.00 1996 - 2026 USD Million Monthly

News Stream
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
Russia Trade Surplus Widens in October
Russia’s trade surplus widened to $11.143 billion in October 2025 from $9.085 billion a year earlier, driven by a sharper drop in imports than exports. Imports fell 11.8% YoY to $25 billion, as weaker domestic demand from Russian consumers and businesses reduced purchases of foreign goods, even with a stronger ruble. Exports declined 3.4% to $38.1 billion, pressured by lower oil prices and softer commodity demand from China, a key trading partner. Sanctions and limited access to Western markets continued to constrain trade flows, while the imbalance reflects the country’s struggling economy, which is curbing imports more than it affects export revenue.
2025-12-12