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

Russia's trade surplus widened by 75.5 percent to USD 15.15 billion in May 2018 from USD 8.63 billion in the same month a year earlier, but still below market expectations of a USD 18.06 billion surplus. Exports jumped 29.2 percent to USD 36.51 billion and imports rose at a softer 8.8 percent to USD 21.36 billion. Balance of Trade in Russia averaged 9132.70 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 May Trade Surplus Smaller than Expected


Russia's trade surplus widened by 75.5 percent to USD 15.15 billion in May 2018 from USD 8.63 billion in the same month a year earlier, but still below market expectations of a USD 18.06 billion surplus.

Exports jumped 29.2 percent to USD 36.51 billion in May from USD 28.26 billion a year ago, as exports to non-CIS countries climbed 31.5 percent to USD 31.83 billion and those to CIS countries went up 15.6 percent to USD 4.68 billion. 

Imports went up at a softer 8.8 percent to USD 21.36 billion from USD 19.63 billion a year earlier. Imports from non-CIS countries increased 9.2 percent to USD 19.03 billion and those from CIS countries advanced 6.2 percent to USD 2.33 billion. 

The trade surplus with non-CIS countries grew 88.9 percent to USD 12.80 billion from USD 6.78 billion a year ago; and with CIS countries it widened 26.8 percent to USD 2.35 billion from USD 1.85 billion.

Considering January-May, the trade surplus widened to USD 75.09 billion from USD 50.92 billion in the same period of 2017.


Joana Ferreira | joana.ferreira@tradingeconomics.com
7/12/2018 1:19:03 PM


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Calendar GMT Actual Previous Consensus TEForecast
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 $15.15B $15.32B $18.06B $17.1B
2018-08-10 01:00 PM Balance of Trade $15.15B $ 9.2B
2018-09-11 01:00 PM Balance of Trade
2018-10-12 01:00 PM Balance of Trade


Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 15151.00 15316.00 20356.00 -203.00 USD Million [+]
Exports 36512.00 36245.00 50248.00 4100.00 USD Million [+]
Imports 21361.00 20929.00 32481.00 2525.00 USD Million [+]
Current Account 22300.00 30827.00 39286.00 -3774.00 USD Million [+]
Current Account to GDP 1.80 5.10 18.00 -1.40 percent [+]
External Debt 485.50 524.90 732.80 151.30 USD Billion [+]
Capital Flows 33473.41 14123.56 33473.41 -47722.55 USD Million [+]
Gold Reserves 1909.80 1857.70 1909.80 343.41 Tonnes [+]
Crude Oil Production 10556.00 10552.00 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
15151.00 15316.00 20356.00 -203.00 1997 - 2018 USD Million Monthly




balance of trade by Country
Country Last
Australia 827.00 May/18
Brazil 5881.58 Jun/18
Canada -2771.20 May/18
China 416.13 Jun/18
Euro Area 16704.70 Apr/18
France -6005.00 May/18
Germany 19669.00 May/18
India -16600.00 Jun/18
Indonesia 1740.00 Jun/18
Italy 2937.96 Apr/18
Japan -578.32 May/18
Mexico -1587.00 May/18
Netherlands 5030.00 May/18
Russia 15151.00 May/18
South Korea 6331.21 Jun/18
Spain -3050045.00 Apr/18
Switzerland 2255.00 May/18
Turkey -7759.34 May/18
United Kingdom -2790.00 May/18
United States -43053.00 May/18


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