---
source: Central Bank of Russia
url: https://www.cbr.ru/eng/statistics/macro_itm/external_sector/etg/
url_direct: https://www.cbr.ru/vfs/eng/statistics/credit_statistics/trade/trade_e.xls
document_type: xls
date_retrieved: 2026-03-15
period: January 2026
parent_publication: Merchandise Trade of the Russian Federation (per balance of payments methodology)
indicators_covered: [Balance of Trade, Exports, Imports]
---

# Merchandise Trade of the Russian Federation (per balance of payments methodology)

## Dataset summary

- Workbook sheets: `Monthly`, `Quarterly`, `Annual`
- Sheet used for event verification: `Monthly`
- Key columns: Year, Month, Export of goods (FOB) total, Import of goods (FOB) total, Trade balance total
- Frequency: Monthly
- Unit in source: USD million (event scale aligns to USD billions)
- Date range in monthly sheet: Jan 1997 to Jan 2026
- Source note in workbook footer: `Updated on 13 March 2026.`

## Event-aligned latest data point

- **January 2026 trade balance:** **6,597 USD million** (≈ **6.6 USD bn**)
- **Previous month (December 2025):** **9,839 USD million** (≈ **9.8 USD bn**)
- Month-on-month change: **-3,242 USD million**

## Recent trend (last 6 observations)

From Aug 2025 to Jan 2026, the balance is volatile but softer overall: 7,188 → 12,838 → 10,942 → 6,252 → 9,839 → 6,597 (USD mn).

## Representative table (latest 10 rows)

| Year | Month | Exports (USD mn) | Imports (USD mn) | Trade balance (USD mn) |
|---|---|---:|---:|---:|
| 2025 | Apr | 34,016 | 25,403 | 8,613 |
| 2025 | May | 33,441 | 25,043 | 8,398 |
| 2025 | Jun | 33,044 | 24,259 | 8,785 |
| 2025 | Jul | 38,158 | 25,741 | 12,417 |
| 2025 | Aug | 31,816 | 24,628 | 7,188 |
| 2025 | Sep | 38,350 | 25,512 | 12,838 |
| 2025 | Oct | 37,408 | 26,465 | 10,942 |
| 2025 | Nov | 33,577 | 27,325 | 6,252 |
| 2025 | Dec | 43,850 | 34,011 | 9,839 |
| 2026 | Jan | 27,489 | 20,891 | 6,597 |

## Methodology notes from source

- Series name: `Merchandise Trade of the Russian Federation (per balance of payments methodology)`.
- Exports and imports are shown on an FOB basis.
- Source note: minor discrepancies between totals and components are due to rounding.