Russian Trade Flows Plunge

Russia recorded a trade surplus of $10.5 billion in February of 2025, widening from the $8.9 billion surplus in the corresponding period of the previous year amid an aggressive contraction in Russian trade flows.

Exports out of Russia contracted by 2.8% from the previous year to $30.9 billion as a slowdown in commodity imports from China and the higher magnitude of sanctions from G7 economies pressed Russia's foreign sales.

In turn, imports sank by 10.2% to $20.4 billion, the lowest since the immediate aftermath of Russia's invasion of Ukraine in Q2 2022, as the weakening domestic economy limited demand for goods.