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Russian Federation Trade Balance

External balance on goods and services  NE.RSB.GNFS.CD

Russian Federation's trade balance was $128.7B in 2025, ranked 6th globally. This represents a 36.9% increase from 2024. Data from World Bank, covering 1989–2025.

$128.7B +$34.7B (+36.9%)
Year 2025 Rank #6 Global Peak $290.1B (2022) Source World Bank

Russian Federation Trade Balance (1989–2025)

Overview

Russian Federation's trade balance stood at $128.7B in 2025, a rise of +$34.7B from 2024. Based on recent trends, this figure is projected to reach $128.7B by 2025. Russian Federation ranked 6th globally.

The Russian Federation's trade balance has experienced significant fluctuations over the past 37 years, with a notable peak in 2022 of 290,068,143,738.81 and a trough in 1990 of 1,123,595,505.62. The country's trade balance has improved substantially since then, with the latest figure standing at 128,671,474,241.44, ranking sixth globally. This growth trajectory is comparable to that of the Netherlands, which ranks fifth globally with a trade balance of 133,515,071,565.84. However, the Russian Federation's trade balance still lags behind that of its peer countries, such as Germany, which boasts a trade balance of 147,008,193,452.62. The country's improved trade balance is largely driven by its increasing exports of energy and natural resources. A decline in global energy prices could potentially alter the trajectory of Russia's trade balance, posing a risk to its economic growth prospects.

Data & projection

Year Trade Balance YoY change Rank
2027* trend $118.7B - -
2026* trend $123.7B - -
2025* trend $128.7B - -
2025 $128.7B +$34.7B #6
2024 $94.0B +$8.0B #151
2023 $86.0B −$204.1B #164
2022 $290.1B +$117.8B #178
2021 $172.3B +$96.5B #176
2020 $75.8B −$53.5B #176
2019 $129.3B −$36.5B #178
2018 $165.8B +$82.3B #181
2017 $83.5B +$17.2B #177
2016 $66.3B −$43.4B #174
2015 $109.7B −$22.5B #180
2014 $132.2B +$8.3B #178
2013 $123.9B −$23.3B #174
2012 $147.1B −$18.1B #173
2011 $165.2B +$42.1B #173
Show all years (1989-2025)
* Linear trend extrapolation

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 13.7% Real rate -5.7%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Russian Federation matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw trade balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Russian Federation's trade balance?▾

Russian Federation's trade balance was $128.7B in 2025. Ranked 6th globally. This represents a 36.9% increase from the previous year.

What was the highest trade balance in Russian Federation?▾

Russian Federation's trade balance peaked at $290.1B in 2022.

What was the lowest trade balance in Russian Federation?▾

The lowest trade balance in Russian Federation was $1.1B in 1990.

How does Russian Federation rank in trade balance?▾

Russian Federation ranks 6th globally in trade balance as of 2025.

What is the World Bank indicator code for trade balance?▾

The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.

What is the projected trade balance of Russian Federation in 2025?▾

Russian Federation's trade balance is projected to reach $128.7B by 2025 based on trend extrapolation.

What is Russian Federation's trade balance in billion?▾

Russian Federation's trade balance was approximately 128.67 billion ($128.7B) in 2025.

What is the trade balance of Russian Federation in 2025?▾

The trade balance of Russian Federation in 2025 was $128.7B. This ranks 6th in the world.

Cite this page

APA
Russian Federation Trade Balance. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/russian-federation/trade-balance/
BibTeX
@misc{historysaid_russian-federation_trade-balance, title = {Russian Federation Trade Balance}, url = {https://historysaid.com/russian-federation/trade-balance/}, publisher = {HistorySaid}, year = {2026} }
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