Russian Federation: Exports of goods and services (constant LCU)

Key figures

What the numbers say

In 2021, Russian Federation's exports of goods and services (constant LCU) rose 3.2% on 2020 (from 23.69 trillion to 24.45 trillion).

Across the 30 yearly changes before that (1991 to 2020), the average change was +2.5% and a typical year strayed about 9.8% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 12.6% in 2003 and the biggest yearly fall was 30% in 1991. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 the straight-line trend is upward, about 575.6 billion a year. A straight line explains 89% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

What this measures

Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

All 32 values

Exports of goods and services (constant LCU) in nearby economies

• Albania — 775.71 billion (2025)
• Armenia — 3.89 trillion (2025)
• Austria — 229.32 billion (2025)
• Belarus — 142.66 billion (2025)
• Belgium — 394.92 billion (2025)
• Bosnia and Herzegovina — 18.67 billion (2025)
• Bulgaria — 43.51 billion (2025)
• Croatia — 37.28 billion (2025)
• Cyprus — 31.99 billion (2025)
• Czechia — 4.85 trillion (2025)

More economic policy & debt data for Russian Federation

• Adjusted savings, education expenditure (% of GNI) — 4.43% (2021)
• Adjusted savings, mineral depletion (current US$) — US$15.53 billion (2021)
• Adjusted savings, energy depletion (current US$) — US$148.66 billion (2021)
• General government final consumption expenditure (current US$) — US$489.23 billion (2025)
• General government final consumption expenditure (current LCU) — 40.93 trillion (2025)
• General government final consumption expenditure (% of GDP) — 19.1% (2025)
• Households and NPISHs final consumption expenditure (current US$) — US$1.31 trillion (2025)
• Households and NPISHs final consumption expenditure (current LCU)

Reading data like this

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Questions people ask

What is Russian Federation's exports of goods and services (constant LCU)?

24.45 trillion in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 86.44% from 13.12 trillion in 1990 (2.03% a year on average, compounded). The highest value was 24.72 trillion in 2019 and the lowest 6.55 trillion in 1992.

Is the latest change in exports of goods and services (constant LCU) unusual for Russian Federation?

In 2021, Russian Federation's exports of goods and services (constant LCU) rose 3.2% on 2020 (from 23.69 trillion to 24.45 trillion). Across the 30 yearly changes before that (1991 to 2020), the average change was +2.5% and a typical year strayed about 9.8% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NE.EXP.GNFS.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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