Merchandise exports by the reporting economy in Russian Federation
Russian Federation: Merchandise exports by the reporting economy was 455.15 billion current US$ in 2023. ◆ Volatile
Merchandise exports by the reporting economy in Russian Federation, 1992–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise exports by the reporting economy in Russian Federation stood at 455.15 billion current US$.
The figure is down 23.2% on the previous year and down 13.6% over ten years.
Over the whole period, merchandise exports by the reporting economy in Russian Federation peaked at 592.68 billion current US$ in 2022 and was at its lowest, 35.41 billion current US$, in 1992.
Russian Federation ranks 15th of 206 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy in Russian Federation, year by year
| Year | current US$ | Change |
|---|---|---|
| 1992 | 35.41 billion current US$ | — |
| 1993 | 42.74 billion current US$ | +20.7% |
| 1994 | 61.32 billion current US$ | +43.5% |
| 1995 | 74.69 billion current US$ | +21.8% |
| 1996 | 81.97 billion current US$ | +9.8% |
| 1997 | 83.92 billion current US$ | +2.4% |
| 1998 | 70.05 billion current US$ | -16.5% |
| 1999 | 71.43 billion current US$ | +2.0% |
| 2000 | 102.80 billion current US$ | +43.9% |
| 2001 | 82.02 billion current US$ | -20.2% |
| 2002 | 105.37 billion current US$ | +28.5% |
| 2003 | 130.99 billion current US$ | +24.3% |
| 2004 | 165.81 billion current US$ | +26.6% |
| 2005 | 237.27 billion current US$ | +43.1% |
| 2006 | 289.57 billion current US$ | +22.0% |
| 2007 | 349.95 billion current US$ | +20.9% |
| 2008 | 465.33 billion current US$ | +33.0% |
| 2009 | 235.56 billion current US$ | -49.4% |
| 2010 | 328.60 billion current US$ | +39.5% |
| 2011 | 416.60 billion current US$ | +26.8% |
| 2012 | 523.99 billion current US$ | +25.8% |
| 2013 | 526.92 billion current US$ | +0.6% |
| 2014 | 497.40 billion current US$ | -5.6% |
| 2015 | 343.19 billion current US$ | -31.0% |
| 2016 | 285.34 billion current US$ | -16.9% |
| 2017 | 355.55 billion current US$ | +24.6% |
| 2018 | 448.45 billion current US$ | +26.1% |
| 2019 | 418.95 billion current US$ | -6.6% |
| 2020 | 337.49 billion current US$ | -19.4% |
| 2021 | 491.44 billion current US$ | +45.6% |
| 2022 | 592.68 billion current US$ | +20.6% |
| 2023 | 455.15 billion current US$ | -23.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 65.19 billion current US$ | 35.41 billion current US$ | 83.92 billion current US$ | 8 |
| 2000s | 216.47 billion current US$ | 82.02 billion current US$ | 465.33 billion current US$ | 10 |
| 2010s | 414.50 billion current US$ | 285.34 billion current US$ | 526.92 billion current US$ | 10 |
| 2020s | 469.19 billion current US$ | 337.49 billion current US$ | 592.68 billion current US$ | 4 |
Countries ranked near Russian Federation
- 12 Belgium 562.55 billion current US$ compare
- 13 United Kingdom of Great Britain and Northern Ireland 487.27 billion current US$ compare
- 14 Singapore 475.78 billion current US$ compare
- 16 India 429.09 billion current US$ compare
- 17 Switzerland 420.01 billion current US$ compare
- 18 Spain 407.89 billion current US$ compare
More private sector data for Russian Federation
- Merchandise trade 28.2% (2025)
- Food imports 10.9% (2021)
- Manufactures imports 79.8% (2021)
- Merchandise imports 302.71 billion current US$ (2025)
- Food exports 6.6% (2021)
- Manufactures exports 22.1% (2021)
- Merchandise exports 419.40 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,922 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1637 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -3.28 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Russian Federation?
- Merchandise exports by the reporting economy in Russian Federation was 455.15 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Russian Federation?
- The highest recorded value was 592.68 billion current US$ in 2022.
- What is the lowest merchandise exports by the reporting economy recorded in Russian Federation?
- The lowest recorded value was 35.41 billion current US$ in 1992.
- How does Russian Federation rank for merchandise exports by the reporting economy?
- Russian Federation ranks 15th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Russian Federation?
- Over the last ten years it is down 13.6%. The long-run trend across the full record is volatile.
- Where does this Russian Federation data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.