Premium statistics

Industry-specific and extensively researched technical data (partially from exclusive partnerships).

A paid subscription is required for full access.

Trade balance of goods in Russia 2017

Russia: Trade balance of goods from 2007 to 2017 (in billion U.S. dollars)

by H. Plecher, last edited Oct 16, 2019
Trade balance of goods in Russia 2017 The statistic shows the trade balance of goods (exports minus imports of goods) in Russia from 2007 to 2017. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2017, the trade surplus of goods in Russia amounted to about 115.42 billion U.S. dollars.
Russia's politics and the effect on the economy

Russia has maintained a positive trade balance over the last 10 years, but in 2009, Russian exports slumped significantly due to the economic crisis. Since then, Russia has recovered and the country reports a greater surplus now than it did prior to the crisis.

However, Russia’s economy has been weakened recently because of reductions in global oil and gas prices, upon which the Russian economy is largely dependent, and because of international tensions as a result of Russia's invasion of Ukraine. In the past couple of years, Russia has often reacted with hostility to any developments seen as threatening, and as Russia continues to provoke international conflict, this will affect its economy and likely hurt existing trade relations with both import and export partners. As a result, GDP growth is negative in 2015. This has also contributed to significant reductions in GDP per capita, which will directly affect Russian citizens, and moreso as Russia’s inflation is peaking and the unemployment rate continues to rise. In 2015, the inflation rate was close to 16 percent. Economic diversification beyond oil and gas in addition to maintaining trade relations would help Russia’s economy.
Show more

Russia: Trade balance of goods from 2007 to 2017 (in billion U.S. dollars)

Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
Related Studies: Available to Download in PDF or PPTX Format

All Information
in one Presentation


Everything On "Russia" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Other Reports & Dossiers
Statista has been my savior on several occasions. The site is easy to maneuver and the data is in a format that can go right into a report or presentation.
Marlene Greenfield

Marlene Greenfield
Vice President, Hearst Magazines

Statistics on "Russia"
  • Population
  • Economy
The most important statistics
  • State finances
  • Russia in international comparison
  • BRIC countries
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.