Russia’s foreign trade surplus falls to $9 bln in April
The services trade balance posted a deficit of $3 bln in April
MOSCOW, May 19. /TASS/. Russia’s foreign trade surplus reached $9 bln in April 2025, representing a decline of $2.8 bln compared with the same period in 2024, according to a preliminary estimate by the Bank of Russia.
Compared to the revised figure for March 2025, the surplus in the goods trade balance also decreased by $2.8 bln to $9 bln, driven by a decline in exports and an increase in imports.
The services trade balance posted a deficit of $3 bln in April, which is $0.3 bln higher than the revised figure for March.
Russia’s current account surplus totaled $4.4 bln in April 2025, down from $7.3 bln in the previous month. The Bank of Russia attributed the decline to a reduction in the trade balance surplus.
The regulator also reported that the surplus in the foreign trade balance of goods from January to April 2025 fell to $39.2 bln from $46.6 bln in the same period of the previous year, primarily due to a decline in exports amid stable import volumes. Consequently, the current account surplus for the first four months of 2025 decreased to $21.1 bln from $30.9 bln year-on-year, driven by a narrowing trade balance surplus and a widening overall deficit in primary and secondary income accounts.