Russia's foreign trade surplus falls 18.4% to $63.9 bln in H1 - customs

MOSCOW. Aug 12 (Interfax) - Russia's trade surplus fell 18.4% year-on-year to $63.9 billion in the first half of 2025, compared to $78.3 billion a year previously, it follows from data published by the Federal Customs Service (FCS) on Tuesday.

The FCS estimated that goods exports had decreased 6.3% YoY to $195.5 billion in the period, versus $208.8 billion a year previously, while imports rose 0.8% to $131.6 billion against $130.5 billion.

Russia's foreign trade totaled $327.1 billion in H1 2025, down 3.6% from $339.3 billion the previous year.

Russian exports to Europe fell 12.3% year-on-year to $29.2 billion in H1 2025, exports to Asia fell 4.6% to $149.1 billion, to Africa 14% to $10.6 billion and to the Americas 2.1% to $6.5 billion.

Russian imports from Europe came to $34.1 billion, down 2.4%, from Asia - $87.6 billion, up 1%, from Africa - $2.4 billion, up 38.7%, and from the Americas - $7.6 billion, up 9.9%.

Russian exports of mineral products fell 16.2% YoY to $110.1 billion, metals and metal products came to $31.9 billion, up 15.1%, food and agricultural raw materials - $17.8 billion, down 14.6%, chemical products - $16.2 billion, up 22.0%, machinery, equipment, vehicles and other goods - $12.7 billion, up 33.7%, and timber and pulp and paper products - $5.2 billion, up 6.3%.

Russian imports of machinery, equipment, vehicles and other goods amounted to $63.0 billion, down 4.9%, chemical products - $26.7 billion, up 6.7%, food and agricultural raw materials - $20.6 billion, up 14.6%, textiles, textile products and footwear - $8.8 billion, up 1.6% and metals and metal products - $8.6 billion, up 0.7%.

Russia's trade surplus widened 7.8% in 2024 to $150.9 billion, from $140 billion in 2023. Exports rose 2.0% to $433.9 billion while imports fell 0.8% to $283 billion.