Russia recorded a trade surplus of 20001 USD Million in September of 2021. source: Central Bank of Russia

Balance of Trade in Russia averaged 9513.99 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 November of 2021.

Balance of Trade in Russia is expected to be 29100.00 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 21700.00 USD Million in 2022 and 21200.00 USD Million in 2023, according to our econometric models.

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Russia Balance of Trade


Calendar GMT Actual Previous Consensus TEForecast
2021-10-12 01:00 PM Aug $17.113B $21.22B $19.5B
2021-11-11 01:00 PM Sep $20.001B $17.113B $24.5B
2021-12-10 01:00 PM Oct $20.001B


Related Last Previous Unit Reference
Balance of Trade 20001.00 17113.00 USD Million Sep/21
Current Account 40800.00 18168.00 USD Million Sep/21
Current Account to GDP 2.40 4.00 percent of GDP Dec/20
Exports 45580.00 43156.00 USD Million Sep/21
Imports 25579.00 26043.00 USD Million Sep/21
External Debt 489.20 471.40 USD Billion Sep/21
Capital Flows 17553.37 24892.00 USD Million Jun/21
Oil Exports 29100.00 24500.00 USD Million Sep/21
Remittances 740.00 628.00 USD Million Jun/21
Foreign Direct Investment 5531.00 5464.00 USD Million Jun/21

News Stream
Russia Trade Surplus Widens Sharply in August
Russia's trade surplus widened to USD 17.1 billion in August of 2021 from USD 3.3 billion in the corresponding month of the previous year. Exports surged 85.3 percent to USD 43.2 billion, the third-highest level recorded, boosted by sales to non-CIS (94.4 percent) and CIS countries (43.2 percent). Meanwhile, imports rose at a softer 30.6 percent to USD 26 billion, driven by purchases from non-CIS (31.3 percent) and CIS countries (25 percent).
2021-10-12
Russia Trade Surplus Widest Ever in July
Russia's trade surplus widened to USD 23.19 billion in July of 2021 from USD 4.93 billion in the corresponding month of the previous year. Exports surged 100.7 percent from a year earlier to USD 49.49 billion, the second-highest level recorded, boosted by sales to non-CIS (115.5 percent) and CIS countries (31 percent). Meanwhile, imports rose 33.2 percent to USD 26.29 billion, the highest since the beginning of 2015, on the back of purchases from non-CIS (33.7 percent) and CIS countries (29.1 percent).
2021-09-10
Russia Trade Surplus Widens in May
Russia's trade surplus widened to USD 10.21 billion in May of 2021 from USD 3.79 billion in the corresponding month of the previous year. Exports jumped 65.8 percent from a year earlier to USD 34.82 billion boosted by sales to non-CIS (71.5 percent) and CIS countries (37.8 percent). Meanwhile, imports rose 43 percent to USD 24.61 billion on the back of purchases from non-CIS (42.9 percent) and CIS countries (43.9 percent).
2021-07-12

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.