Russia's trade surplus narrows 17% to $5.4 bln in Feb, 36% to $11.8 bln in 2M - Central Bank

MOSCOW. April 13 (Interfax) - Russia's trade surplus, calculated by balance of payments method, narrowed 17% to $5.4 billion in February from $6.5 billion in January 2026, the Central Bank of Russia said on its website.

The surplus shrank 51.8% year-on-year, from $11.1 billion in February 2025.

It fell 36% in January-February, to $11.8 billion from $18.4 billion.

Russian merchandise trade, $ bln:

Feb MoM YoY 2M YoY Export 30,1 9,6% -5,2% 57,6 -6,6% Import 24,8 17,8% 19,9% 45,8 6,0% Balance 5,4 -17,0% -51,8% 11,8 -36,0% Total 54,9 13,2% 4,7% 103,4 -1,4%

The Central Bank's baseline scenario, updated in February, assumes that if Russian oil prices for tax purposes average at $45 per barrel there will be a visible trade surplus of $90 billion, with exports totaling $399 billion and imports $309 billion.