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Famagusta Gazette

News From Cyprus

Russia’s trade surplus narrows as imports rise, energy exports fall

ByFamagusta Gazette

May 13, 2026

Russia’s foreign trade surplus dropped 11.9 percent year‑on‑year to $30.3 billion in the first quarter of 2026, the Federal Customs Service said Tuesday.

Exports totaled $97.2 billion, down $0.1 billion from a year earlier, while imports climbed $4 billion to $66.9 billion. Overall trade turnover increased 2.4 percent to $164.1 billion.

Mineral products remained Russia’s top export category at $50.6 billion but fell 12.5 percent from last year. Machinery, equipment and transport vehicles led imports, rising 6.6 percent to $30.7 billion.

Famagusta Gazette