Russia’s foreign trade declined in January–November 2025, according to data published on the website of the Federal Customs Service (FCS).
Foreign trade turnover fell by 4.1% to $622.7 billion. Exports decreased by 5.3% to $373.7 billion, while imports declined by 2.4% to $249 billion. In 2024, the respective figures stood at $394.5 billion for exports and $255.2 billion for imports.
An analysis published by Interfax on January 15 shows that mineral products remain the backbone of Russian exports, accounting for 54.6% of the commodity structure. In the structure of imports, nearly half (48.2%) consists of machinery, equipment, and related goods.
Trade turnover with Asian countries, which account for 73.3% of Russia’s foreign trade, fell by 2.8%. Trade with European countries, whose share is 18.8%, declined by 9.6%, while trade with African countries, with a 3.8% share, dropped by 8.1%.
As previously reported, Russia’s positive foreign trade balance in 2024 amounted to $150.9 billion, which was 7.8% higher than in 2023 ($140.0 billion). Exports of goods from Russia in 2024 increased by 2.0% to $433.9 billion, while imports decreased by 0.8% to $283 billion.
Earlier, China’s General Administration of Customs calculated that in 2025 the volume of trade between Russia and China fell by 6.9% to $228.1 billion.
Russian Ambassador to China Igor Morgulov noted that trade volumes between the two neighboring countries declined due to market factors, Lenta.Ru reported.
