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

Russia's trade surplus widened by 77.6 percent to USD 15.56 billion in June 2018 from USD 8.76 billion in the same month a year earlier, but still below market expectations of a USD 15.85 billion surplus. Exports climbed 23.8 percent on year to USD 36.57 billion while imports rose only by 1.1 percent to USD 21.02 billion. Balance of Trade in Russia averaged 9157.59 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 June Trade Surplus Smaller than Expected


Russia's trade surplus widened by 77.6 percent to USD 15.56 billion in June 2018 from USD 8.76 billion in the same month a year earlier, but still below market expectations of a USD 15.85 billion surplus.

Exports jumped 23.8 percent to USD 36.57 billion in June from USD 29.54 billion a year ago, as exports to non-CIS countries climbed 27 percent to USD 31.87 billion and those to CIS countries went up 5.7 percent to USD 4.70 billion. 

Imports went up at a softer 1.1 percent to USD 21.02 billion from USD 20.78 billion a year earlier. Imports from non-CIS countries increased 0.7 percent to USD 18.68 billion and those from CIS countries advanced 4.7 percent to USD 2.33 billion. 

The trade surplus with non-CIS countries grew 101.6 percent to USD 13.19 billion from USD 6.54 billion a year ago; and with CIS countries it widened 6.7 percent to USD 2.36 billion from USD 2.22 billion.

Considering January-June, the trade surplus widened to USD 90.64 billion from USD 59.68 billion in the same period of 2017.


Joana Ferreira | joana.ferreira@tradingeconomics.com
8/10/2018 1:13:25 PM


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Calendar GMT Actual Previous Consensus TEForecast
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 $15.56B $15.15B $15.85B $ 9.2B
2018-09-11 01:00 PM Balance of Trade $15.56B
2018-10-12 01:00 PM Balance of Trade
2018-11-09 01:00 PM Balance of Trade $ 11.1B


Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 15555.00 15151.00 20356.00 -203.00 USD Million [+]
Exports 36571.00 36512.00 50248.00 4100.00 USD Million [+]
Imports 21016.00 21361.00 32481.00 2525.00 USD Million [+]
Current Account 22300.00 30827.00 39286.00 -3774.00 USD Million [+]
Current Account to GDP 2.20 1.90 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 10562.00 10556.00 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 368.00 342.00 436.00 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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
15555.00 15151.00 20356.00 -203.00 1997 - 2018 USD Million Monthly




balance of trade by Country
Country Last
Australia 1873.00 Jun/18
Brazil 4227.00 Jul/18
Canada -625.50 Jun/18
China 280.50 Jul/18
Euro Area 22509.60 Jun/18
France -6248.00 Jun/18
Germany 21792.00 Jun/18
India -18020.00 Jul/18
Indonesia -2030.30 Jul/18
Italy 5071.00 Jun/18
Japan -231.21 Jul/18
Mexico -897.00 Jun/18
Netherlands 4813.00 Jun/18
Russia 15555.00 Jun/18
South Korea 7006.00 Jul/18
Spain -2153628.00 May/18
Switzerland 1308.99 Jun/18
Turkey -5496.69 Jun/18
United Kingdom -1861.00 Jun/18
United States -46348.00 Jun/18


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