FX.co ★ Russian Trade Surplus Narrows

In June 2025, Russia reported a trade surplus of $9.3 billion, a decrease from the $11.8 billion recorded during the same period the previous year. Exports fell by 8% year-on-year to $32.8 billion, hitting their lowest point since 2020. This marks the fifth consecutive month of declining foreign sales, attributed to reduced oil prices and diminished demand for commodities from China, a crucial trading partner for Russia. Consequently, this has affected industries in Russia that face restrictions from Western markets. Meanwhile, imports decreased by 1.3% to $23.6 billion, continuing a downward trend for the second consecutive month.