Russia

Russia Trade

Russia Trade

Merchandise Trade Balance in Russia

The merchandise trade balance in Russia averaged USD 188.9 billion in the decade to 2024. The 2024 reading was USD 133 billion. For more information on trade, visit our dedicated page

Russia Trade Chart

Note: This chart displays Trade Balance (USD billion) for Russia from 2015 to 2024.
Source: Macrobond.

Russia Trade Data

2020 2021 2022 2023 2024
Merchandise Trade Balance (USD bn) 93.4 193.1 315.6 121.7 133.0
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 trade 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 trade forecast available for Russian trade.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Russian trade projections.

Want to get access to the full dataset of Russian trade forecasts? Send an email to info@focus-economics.com.

Latest Global Trade News

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    Latest reading: Yen-denominated merchandise exports shrank annually for the first time since September in April, declining 1.7%. This contrasted April’s...
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    Latest reading: Merchandise exports decreased 2.2% annually in May, contrasting April’s 9.0% increase. Meanwhile, merchandise imports fell 1.7% over the...

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