Russia Balance of Trade  1997-2017 | Data | Chart | Calendar | Forecast

Russian trade surplus increased by 21.1 percent to $8 billion in April 2017 from $6.6 billion in the same month a year earlier and below market expectations of a $8.5 billion surplus. Exports rose 20 percent to $26.1 billion and imports went up 19.6 percent to $18.1 billion. Balance of Trade in Russia averaged 9090.01 USD Million from 1997 until 2017, reaching an all time high of 20356 USD Million in January of 2012 and a record low of -185 USD Million in February of 1998.

Russia Balance of Trade
Receive the next reported value for Russia Balance of Trade in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Actual Previous Consensus Forecast (i)
2017-04-11 01:00 PM Feb $10.17B $11.45B $10.5B $10.1B
2017-05-12 01:00 PM Mar $12.6B $10.17B $11.9B $11.3B
2017-06-09 01:00 PM Apr $8B $12.6B $8.5B $8.2B
2017-07-12 01:00 PM May $8B $9.5B
2017-08-11 01:00 PM Jun $9.6B
2017-09-08 01:00 PM Jul $8.1B




Russia Trade Surplus Below Market Expectations In April


Russian trade surplus increased by 21.1 percent to $8 billion in April 2017 from $6.6 billion in the same month a year earlier and below market expectations of a $8.5 billion surplus. Exports rose 20 percent to $26.1 billion and imports went up 19.6 percent to $18.1 billion.

Exports increased by 20 percent to $26.1 billion from $21.7 billion in April 2016. Exports to non-CIS countries advanced 20 percent to $ 22.2 billion (from 37.2 percent in March) while those to CIS countries went up 20.5 percent to $3.8 billion (from 23 percent). 

Imports went up 19.6 percent to $18.1 billion from $15.1 billion a year earlier. Imports from non-CIS countries climbed 21.4 percent to $16.1 billion (from 20.1 percent in March) and those from CIS countries advanced by 6.3 percent to $1.9 billion (from 36.6 percent).

The trade surplus with non-CIS countries jumped by 76.2 percent to $10.7 billion while with CIS countries went up 10.7 percent to $1.9 billion.

According to more detailed data from Russian Customs Statistics, trade surplus went up by 16 percent year-on-year to $8.7 billion. Exports surged by 17.5 percent to $25.8 billion and imports rose by 18.3 percent to $17.1 billion. 

Exports rose mainly for: mineral products (31.1 percent to $16.4 billion) followed by metals (19.2 percent to $2.7 billion); chemical products (12.3 percent to $1.9 billion); foodstuffs and raw materials (6.2 percent to $1.5 billion) and wood, pulp and paper products (3.7 percent to $0.9 billion).

Imports went up for: machinery and equipment (24.7 percent to $8.4 billion) followed by chemical products (9 percent to $3.1 billion); foodstuffs and raw materials (11.7 percent to $2.2 billion); textiles and footwear (17.5 percent to $0.8 billion) and metals (38.9 percent to  $1.1 billion).


Yekaterina Guchshina | yekaterina@tradingeconomics.com
6/9/2017 1:26:02 PM



Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 8001.00 12598.00 20356.00 -185.00 USD Million [+]
Exports 26095.00 31328.00 50248.00 4100.00 USD Million [+]
Imports 18094.00 18730.00 32481.00 2691.00 USD Million [+]
Current Account 22800.00 10124.00 39286.00 -3774.00 USD Million [+]
Current Account to GDP 1.80 5.10 18.00 -1.40 percent [+]
External Debt 529.70 518.70 732.80 151.30 USD Billion [+]
Capital Flows 7140.13 2894.31 32844.54 -47722.55 USD Million [+]
Gold Reserves 1680.10 1615.22 1680.10 343.41 Tonnes [+]
Crude Oil Production 10713.00 10733.00 10832.00 5707.00 BBL/D/1K [+]
Remittances 5410.00 4478.00 5728.00 1359.00 USD Million [+]
Terrorism Index 5.43 6.21 7.21 5.43 [+]
Weapons Sales 6432.00 5554.00 8658.00 1478.00 USD Million [+]
Foreign Direct Investment 21202.00 4212.00 40140.00 -3922.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Russia Balance of Trade Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
8001.00 12598.00 20356.00 -185.00 1997 - 2017 USD Million Monthly



balance of trade by Country

Last
Australia 555.00 Apr/17
Brazil 7661.00 May/17
Canada -370.30 Apr/17
China 407.90 May/17
Euro Area 17858.90 Apr/17
France -5535.00 Apr/17
Germany 18078.00 Apr/17
India -13841.70 May/17
Indonesia 474.00 May/17
Italy 3601.32 Apr/17
Japan -203.37 May/17
Mexico 616.79 Apr/17
Netherlands 3833.00 Apr/17
Russia 8001.00 Apr/17
South Korea 5990.00 May/17
Spain -1198829.00 Apr/17
Switzerland 3400.03 May/17
Turkey -4945.41 Apr/17
United Kingdom -2050.00 Apr/17
United States -47617.00 Apr/17