Russia's trade surplus widened to USD 21.06 billion in November of 2021 from USD 7.39 billion in the corresponding month of the previous year. Exports surged 62.4 percent to USD 48.96 billion, the highest since December 2013, boosted by sales to non-CIS (64.8 percent) and CIS countries (49.2 percent). Meanwhile, imports rose at a softer 22.6 percent to USD 27.90 billion, driven by purchases from non-CIS (21.3 percent) and CIS countries (34.4 percent). source: Central Bank of Russia
Balance of Trade in Russia averaged 9585.96 USD Million from 1996 until 2021, reaching an all time high of 23191 USD Million in July of 2021 and a record low of -203 USD Million in February of 1998. This page provides - Russia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Balance of Trade in Russia is expected to be 19900.00 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 21200.00 USD Million in 2023, according to our econometric models.