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

Russia's trade surplus widened by 16.5 percent to USD 13.70 billion in December 2017 from USD 11.76 billion in the same month a year earlier, above market expectations of a USD 13 billion surplus. Exports increased 21.1 percent to USD 37.86 billion and imports rose 23.9 percent to USD 24.16 billion. In 2017, the trade surplus advanced 27.8 percent to USD 115.33 billion from USD 90.26 billio in 2016. Balance of Trade in Russia averaged 9015.76 USD Million from 1997 until 2017, 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 16.5% in December


Russia's trade surplus widened by 16.5 percent to USD 13.70 billion in December 2017 from USD 11.76 billion in the same month a year earlier, above market expectations of a USD 13 billion surplus.

Exports increased 21.1 percent to USD 37.86 billion from USD 31.26 billion in December 2016, as exports to non-CIS countries advanced 19.5 percent to USD 32.45 billion while those to CIS countries went up 31.7 percent to USD 5.41 billion. 
Imports went up 23.9 percent to USD 24.16 billion from USD 19.50 billion a year earlier. Imports from non-CIS countries climbed 25.1 percent to USD 21.83 billion and those from CIS countries advanced 13.7 percent to USD 2.34 billion. 
The trade surplus with non-CIS countries grew 9.5 percent to USD 10.63 billion from USD 9.71 billion a year ago; and with CIS countries it widened 49.7 percent to USD 3.07 billion from USD 2.05 billion.
In 2017, the trade surplus widened 27.8 percent to USD 115.33 billion, as exports jumped 25.3 percent to USD 353.12 billion and imports rose at a slower 24.1 percent to USD 237.79 billion.


Joana Ferreira | joana.ferreira@tradingeconomics.com
2/9/2018 5:38:40 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-12-12 01:00 PM Balance of Trade $9.83B $10.22B $9.975B $8.2B
2018-01-17 01:00 PM Balance of Trade $11.52B $9.83B $11B $10.2B
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 $13.7B $ 12.9B
2018-04-11 01:00 PM Balance of Trade $ 13.2B
2018-05-11 01:00 PM Balance of Trade $ 13.1B


Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 13700.00 11515.00 20356.00 -203.00 USD Million [+]
Exports 37860.00 33235.00 50248.00 4100.00 USD Million [+]
Imports 24160.00 21720.00 32481.00 2525.00 USD Million [+]
Current Account 17800.00 -2509.00 39286.00 -3774.00 USD Million [+]
Current Account to GDP 1.80 5.10 18.00 -1.40 percent [+]
External Debt 529.10 537.50 732.80 151.30 USD Billion [+]
Capital Flows -3792.60 5135.18 32844.54 -47722.55 USD Million [+]
Gold Reserves 1828.56 1778.86 1828.56 343.41 Tonnes [+]
Crude Oil Production 10527.00 10503.00 10832.00 5707.00 BBL/D/1K [+]
Terrorism Index 5.33 5.43 7.21 5.33 [+]
Weapons Sales 6432.00 5554.00 8658.00 1478.00 USD Million [+]
Remittances 359.00 352.00 436.00 44.00 USD Million [+]
Foreign Direct Investment 7333.00 13161.00 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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
13700.00 11515.00 20356.00 -203.00 1997 - 2017 USD Million Monthly




balance of trade by Country
Country Last
Australia -1358.00 Dec/17
Brazil 2768.44 Jan/18
Canada -3186.30 Dec/17
China 203.40 Jan/18
Euro Area 25414.60 Dec/17
France -3468.00 Dec/17
Germany 18226.00 Dec/17
India -16298.47 Jan/18
Indonesia -676.90 Jan/18
Italy 5253.08 Dec/17
Japan -943.42 Jan/18
Mexico -156.97 Dec/17
Netherlands 4104.00 Dec/17
Russia 13700.00 Dec/17
South Korea 3700.00 Jan/18
Spain -2050000.00 Dec/17
Switzerland 1323.45 Jan/18
Turkey -9206.19 Dec/17
United Kingdom -4896.00 Dec/17
United States -53118.00 Dec/17


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