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

Russia's trade surplus widened by 21.7 percent to USD 15.00 billion in March 2018 from USD 12.33 billion in the same month a year earlier, but below market expectations of USD 16.0 billion. Exports rose 17.8 percent to USD 36.90 billion and imports increased 15.2 percent to USD 21.90 billion. Considering the first quarter of the year, the trade surplus widened to USD 44.18 billion from USD 34.48 billion in the same period of 2017. Balance of Trade in Russia averaged 9081.61 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 Trade Surplus Widens Less than Expected


Russia's trade surplus widened by 21.7 percent to USD 15.00 billion in March 2018 from USD 12.33 billion in the same month a year earlier, but below market expectations of USD 16.0 billion.

Exports increased 17.8 percent to USD 36.90 billion from USD 31.33 billion in March 2017, as exports to non-CIS countries advanced 17.4 percent to USD 32.06 billion and those to CIS countries went up 20.5 percent to USD 4.84 billion. 

Imports went up at a softer 15.2 percent to USD 21.90 billion from USD 19.00 billion a year earlier. Imports from non-CIS countries climbed 15.6 percent to USD 19.54 billion and those from CIS countries advanced 12.4 percent to USD 2.36 billion. 

The trade surplus with non-CIS countries grew 20.3 percent to USD 12.52 billion from USD 10.40 billion a year ago; and with CIS countries it widened 29.3 percent to USD 2.49 billion from USD 1.92 billion.

Considering the first quarter of the year, the trade surplus widened to USD 44.18 billion from USD 34.48 billion in the same period of 2017.


Joana Ferreira | joana.ferreira@tradingeconomics.com
5/11/2018 1:15:24 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-03-14 01:00 PM Balance of Trade $16.991B $13.7B $14.45B $15.1B
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
2018-06-11 01:00 PM Balance of Trade $15B
2018-07-12 01:00 PM Balance of Trade
2018-08-10 01:00 PM Balance of Trade $ 9.2B


Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 15001.00 12192.00 20356.00 -203.00 USD Million [+]
Exports 36897.00 31197.00 50248.00 4100.00 USD Million [+]
Imports 21896.00 19005.00 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 1857.70 1828.56 1857.70 343.41 Tonnes [+]
Crude Oil Production 10550.00 10549.00 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
15001.00 12192.00 20356.00 -203.00 1997 - 2018 USD Million Monthly




balance of trade by Country
Country Last
Australia 1527.00 Mar/18
Brazil 6140.00 Apr/18
Canada -4139.60 Mar/18
China 287.80 Apr/18
Euro Area 26932.60 Mar/18
France -5258.00 Mar/18
Germany 25187.00 Mar/18
India -13720.00 Apr/18
Indonesia -1629.30 Apr/18
Italy 4531.06 Mar/18
Japan 625.98 Apr/18
Mexico 1917.55 Mar/18
Netherlands 5280.00 Mar/18
Russia 15001.00 Mar/18
South Korea 6611.00 Apr/18
Spain -830631.00 Mar/18
Switzerland 2315.30 Mar/18
Turkey -5855.00 Mar/18
United Kingdom -3091.00 Mar/18
United States -48956.00 Mar/18


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