Latest reading: In August, the trade balance was USD +12.8 billion, following a USD +17.1 billion reading in the previous...
Merchandise Exports in Russia
Merchandise exports were worth USD 433 billion in 2024 in Russia compared to USD 497 billion ten years earlier, and averaged USD 419 billion over the last decade. For more exports information, visit our dedicated page.
Russia Merchandise Exports Chart
Note: This chart displays Exports (USD billion) for Russia from 2025 to 2023.
Source: Macrobond.
Russia Merchandise Exports Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Exports (USD bn) | 334 | 494 | 592 | 425 | 434 |
| Merchandise Exports (ann. var. %) | -20.5 | 48.2 | 19.8 | -28.3 | 2.1 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Russian merchandise exports projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise exports forecast available for Russian merchandise exports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Russian merchandise exports projections.
Want to get access to the full dataset of Russian merchandise exports forecasts? Send an email to info@focus-economics.com.
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