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

Russia's trade surplus widened by 17.9 percent to USD 12.19 billion in February 2018 from USD 10.34 billion in the same month a year earlier, but below market expectations of USD 14.0 billion. Exports jumped 20.8 percent to USD 31.20 billion and imports rose 22.8 percent to USD 19.01 billion. Balance of Trade in Russia averaged 9058.31 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 in February


Russia's trade surplus widened by 17.9 percent to USD 12.19 billion in February 2018 from USD 10.34 billion in the same month a year earlier, but below market expectations of USD 14.0 billion.

Exports increased 20.8 percent to USD 31.20 billion from USD 25.82 billion in February 2017, as exports to non-CIS countries advanced 19.6 percent to USD 26.83 billion and those to CIS countries went up 28.8 percent to USD 4.37 billion. 

Imports went up at a faster 22.8 percent to USD 19.01 billion from USD 15.48 billion a year earlier. Imports from non-CIS countries climbed 24.1 percent to USD 17.01 billion and those from CIS countries advanced 12.5 percent to USD 1.99 billion. 

The trade surplus with non-CIS countries grew 12.6 percent to USD 9.81 billion from USD 8.71 billion a year ago; and with CIS countries it widened 46.5 percent to USD 2.38 billion from USD 1.63 billion.

In the first two months of the year, the trade surplus increased to USD 29.18 billion from USD 22.16 billion in the same period of 2017.


Joana Ferreira | joana.ferreira@tradingeconomics.com
4/11/2018 1:13:57 PM


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Calendar GMT Actual Previous Consensus TEForecast
2018-02-09 01:00 PM Balance of Trade $13.7B $11.52B $13B $12.5B
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 $12.19B $14.6B
2018-06-11 01:00 PM Balance of Trade
2018-07-12 01:00 PM Balance of Trade


Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 12192.00 16991.00 20356.00 -203.00 USD Million [+]
Exports 31197.00 33398.00 50248.00 4100.00 USD Million [+]
Imports 19005.00 16407.00 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 10549.00 10538.00 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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
12192.00 16991.00 20356.00 -203.00 1997 - 2018 USD Million Monthly




balance of trade by Country
Country Last
Australia 825.00 Feb/18
Brazil 6280.75 Mar/18
Canada -2686.00 Feb/18
China -49.83 Mar/18
Euro Area 18897.50 Feb/18
France -5186.00 Feb/18
Germany 18400.00 Feb/18
India -13690.00 Mar/18
Indonesia 1091.70 Mar/18
Italy 3104.28 Feb/18
Japan 797.35 Mar/18
Mexico 1062.00 Feb/18
Netherlands 4514.00 Feb/18
Russia 12192.00 Feb/18
South Korea 6865.00 Mar/18
Spain -2167000.00 Feb/18
Switzerland 2315.30 Mar/18
Turkey -5760.71 Feb/18
United Kingdom -965.00 Feb/18
United States -57591.00 Feb/18


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