Russian Federation

Russian Federation

Global Trade Profile • Rank #17 Exporter

$394.26B

Total Exports (2023)

$207.53B

Total Imports (2023)

$186.72B

Trade Surplus

#17

Export Ranking

Trade Flow Visualization

Interactive map showing Russian Federation's top trading partners. Green lines represent exports, red lines represent imports.

#17

Export Rank

$394.26B

Total Exports

$207.53B

Total Imports

+$186.72B

Trade Balance

26

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Oils: petroleum oils and oils obtained from bitumi...
30.9%$121.71B
#2Petroleum oils and oils from bituminous minerals, ...
13.2%$52.09B
#3Petroleum gases and other gaseous hydrocarbons: li...
4.7%$18.71B
#4Petroleum gases and other gaseous hydrocarbons: in...
4.7%$18.68B
#5Coal: bituminous, whether or not pulverised, but n...
4.4%$17.19B
#6Metals: gold, non-monetary, unwrought (but not pow...
3.4%$13.43B
#7Cereals: wheat and meslin, other than durum wheat,...
1.7%$6.54B
#8Coal: (other than anthracite and bituminous), whet...
1.4%$5.68B
#9Copper: refined, unwrought, cathodes and sections ...
1.4%$5.39B
#10Aluminium: unwrought, (not alloyed)
1.4%$5.37B

📥 Top Import Sources

Top Import Products

#1Medicaments: consisting of mixed or unmixed produc...
3.4%$6.96B
#2Vehicles: with only spark-ignition internal combus...
3.2%$6.56B
#3Telephones for cellular networks or for other wire...
2.9%$6.04B
#4Vehicles: with only spark-ignition internal combus...
2.8%$5.81B
#5Tractors: road, for semi-trailers
1.7%$3.62B
#6Automatic data processing machines: portable, weig...
1.1%$2.34B
#7Vehicles: compression-ignition internal combustion...
1.0%$2.12B
#8Blood, human or animal, antisera, other blood frac...
1.0%$2.04B
#9Uranium: natural uranium and its compounds, alloys...
0.8%$1.58B
#10Taps, cocks, valves and similar appliances: for pi...
0.7%$1.55B

📈 Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

📈

Trend Direction

Russian Federation Trade Analysis 2023

📊 Overview

#17
Global Export Rank
601.79B
Total Trade Volume
3.01%
Share of Global Trade

Russian Federation stands as the world's #17 largest exporter and #30 largest importer, demonstrating significant global trade influence.

The trade profile reveals a robust surplus of 186.72 billion, indicating strong export competitiveness.

Strong trade surplus exceeding 47.4% of exports provides currency stability and foreign reserve accumulation.
394.26B
Total Exports
207.53B
Total Imports
1.90
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $50.15B, generating continuous economic activity across logistics, finance, and trade services.

🚢 Export Markets

China
India
Türkiye
Kazakhstan
Brazil
Others

Export Market Concentration

32.7%
$129.00B
16.8%
$66.15B
7.9%$30.98B
4.1%$16.14B
2.8%$11.13B
1.9%$7.37B
13 others
15.7%$61.82B

Export concentration shows China as the dominant market at 32.7%. The top three markets control 57.4% of exports.

⚠️

Market Concentration Risk

Heavy reliance on China (32.7% of exports) creates vulnerability to bilateral tensions or economic downturns in that market.
64.3%
Top 5 Markets
73.1%
Top 10 Markets
20
Total Partners

Regional patterns reveal globally balanced access. Secondary markets (China, Hong Kong SAR, Japan, Uzbekistan) provide $34.80B in additional trade.

📦 Import Sources

Import Source Concentration

53.0%
$110.01B
5.2%$10.81B
4.7%$9.84B
4.7%$9.78B
2.4%$5.04B
2.0%$4.05B
13 others
15.1%$31.31B

Russian Federation relies heavily on China for imports (53.0%),creating supply chain concentration risk.

Energy suppliers including United Arab Emirates (4.49B) collectively provide 4.49 billion or 2.2% of imports, highlighting the economy's dependence on imported energy resources.

Manufacturing inputs come primarily from China, reflecting deep integration into Asian production networks. China's dominant position at 110.01 billion encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.

The top 10 import sources account for 79.1% of total imports, with the remaining 21% distributed among 10 other suppliers.

Regional sourcing patterns reveal diversified global sourcing. European suppliers including Germany (9.84B), Italy (5.04B), Netherlands (2.59B) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with Indiaemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

📦 Product Composition

🚀 Export Products

Top Export Products

petroleum oils and oils obtained from bituminous m...
30.9%
$121.71B
preparations n.e.c. containing by weight 70% or mo...
13.2%$52.09B
liquefied, natural gas...
4.7%$18.71B
in gaseous state, natural gas...
4.7%$18.68B
bituminous, whether or not pulverised, but not agg...
4.4%$17.19B
3 others
6.5%$25.65B

Russian Federation's export economy centers on diversified industrial production, with the leading export being petroleum oils and oils obtained from bituminous minerals, crudeat $121.71 billion, accounting for 30.9% of total exports.

The automotive sector's dominance is evident in the export portfolio, with . This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 0 categories specifically related to alternative propulsion systems, totaling $0.

Beyond automotive, Russian Federation maintains strong positions in specialized equipment,, and Oils, Petroleum oils and oils from bituminous minerals, not crude, Petroleum gases and other gaseous hydrocarbons.

The top 20 export products collectively account for 76.2% of total exports, revealing moderate concentration with room for further diversification.

🛒 Import Products

Top Import Products

consisting of mixed or unmixed products n.e.c. in ...
3.4%$6.96B
with only spark-ignition internal combustion recip...
3.2%$6.56B
Telephones for cellular networks or for other wire...
2.9%$6.04B
with only spark-ignition internal combustion recip...
2.8%$5.81B
road, for semi-trailers
1.7%$3.62B
3 others
3.1%$6.50B

Import requirements center on consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale at 6.96 billion (3.4%), indicating industrial input needs.

Beyond energy, critical imports include consisting of mixed or unmixed products ... (6.96B, 3.4%), with only spark-ignition internal combus... (6.56B, 3.2%), Telephones for cellular networks or for ... (6.04B, 2.9%), with only spark-ignition internal combus... (5.81B, 2.8%), road, for semi-trailers (3.62B, 1.7%).Electronic components and devices total 9.50 billion (4.6% of imports), supporting domestic manufacturing and assembly operations. Pharmaceutical products represent 9.01 billion (4.3%), reflecting healthcare sector demands.

The import product mix reveals structural characteristics of Russian Federation's economy: integration into global electronics supply chains, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (5 : 15among top 20 products) indicates balanced import composition. Import substitution potential exists in chemicals and technology sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 14 primary products to 0 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests need for capability building to enter new product categories.

⚖️ Trade Balance Dynamics

+186.72 billion
Trade Surplus 31.03% of total trade
PartnerExportsImportsBalance
China$129.00B$110.01B+$18.99B
India$66.15B$4.05B+$62.10B
Türkiye$30.98B$10.81B+$20.17B
Kazakhstan$16.14B$9.78B+$6.36B
Germany$3.93B$9.84B$-5.91B

Export-to-import ratio of 1.900 means exports cover 190.0% of import costs.

🔗 Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
China$129.00B$110.01B+$18.99B
India$66.15B$4.05B+$62.10B
Türkiye$30.98B$10.81B+$20.17B
Kazakhstan$16.14B$9.78B+$6.36B
Germany$3.93B$9.84B$-5.91B
Brazil$11.13B$1.34B+$9.79B
United Arab Emirates$6.45B$4.49B+$1.96B
China, Hong Kong SAR$8.26B$2.65B+$5.61B
Total$272.04B$152.98B+$119.06B

The Russian Federation-China relationship leads at 239.02 billion in bilateral trade.View detailed analysis →

Additional major partnerships include Türkiye (41.78B total trade), Kazakhstan (25.92B total trade), Germany (13.77B total trade). Regional integration through transatlantic partnerships facilitates technology transfer, market access, and production efficiency. The diversity of trading relationships—444.56B across top 10 partners—provides resilience against bilateral tensions and regional disruptions.

🏆 Competitive Position

💡

Competitive Advantage

Russian Federation's #17 global ranking is driven by specialization in primary commodities, accounting for 48.8% of export value.

Global rankings position Russian Federation as the #17 exporter worldwide,within the major trading nations. The country's share of global exports at approximately 3.943%provides substantial market influence and pricing power.

Export sophistication, measured by the dominance of primary commodities, indicates potential for value chain upgrading. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Russian Federation's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly inpetroleum oils and oils o, preparations n.e.c. conta, liquefied, natural gas. The revealed comparative advantage is strongest in product categories representing48.8% of exports. Market positioning against regional competitors shows leadership in key product segments.

Trade complementarity with major partners suggests deep integration into global supply chains. The export quality ladder, comparing unit values to world averages, indicates premium positioning in many categories.

Competitive dynamics are shaped by factor endowments including advanced technology and skilled labor, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

Market diversification is critical to reduce dependency on China, which accounts for 32.7% of exports.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include consistent trade surpluses supporting macroeconomic stability,diversified market access reducing concentration risk, and competitive positions in essential commodities.

Vulnerabilities include excessive reliance on single export markets. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on market diversification and value chain upgrading to enhance trade competitiveness. Opportunities exist in expanding trade with Egypt, Slovakia, USA, developing new product capabilities in higher technology sectors, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Russian Federation's trade prospects. Success requires balanced policies addressing both maintaining export competitiveness while managing currency appreciation pressures.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Russian Federation's position as the world's #17 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026