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    Home » Russia’s Non-Resource Export Earnings Surpass $96 Billion in the First Seven Months of 2026
    Business

    Russia’s Non-Resource Export Earnings Surpass $96 Billion in the First Seven Months of 2026

    September 23, 2026

    MOSCOW, RUSSIA / RankWire.AI / – Between January and July 2026, Russia’s exports excluding resources and energy surpassed the $96 billion mark, marking an 8% increase compared to the same period last year. First Deputy Prime Minister Denis Manturov shared this information, highlighting the year-on-year growth in the latest update on Russian exports. This category omits the country’s traditional raw materials and energy shipments. The seven-month figures follow an upward trend seen during the first half of 2026. All these results are reported in U.S. dollars.

    Russia non-resource exports top $96 billion through July
    Russia’s non-resource exports topped $96 billion through July 2026, rising 8% year on year.

    Industry and Trade Minister Anton Alikhanov mentioned that small and midsize enterprises contributed $15.9 billion to the total exports over the same period. This represents approximately 17% of Russia’s non-resource, non-energy export total for January through July. Currently, around 42,700 small and midsize companies are involved in export activities. Additionally, SMEs accounted for 1,042 out of 1,341 applications submitted for the 2026 Exporter of the Year awards. These applicants came from 76 Russian regions across all eight federal districts.

    Data from the first half of the year shows Russia’s industrial exports outside resources and energy reached $58.8 billion from January to June. In comparison, the same period in 2025 saw $57.1 billion. This indicates a year-on-year growth of about 3% in the industrial export segment. The Industry and Trade Ministry pointed out several manufacturing sectors that experienced increased foreign sales. These figures offer further insight into the specific industries driving Russia’s non-resource export performance in 2026.

    Growth observed across major industrial sectors

    Exports of chemical products rose by 5.3% in the first half compared with the same period in 2025. Mineral and chemical fertilizer shipments grew by 10.4% over the six months. Metalworking and precious metals exports increased by 5%, while light industry saw a surge of 25%. Pharmaceuticals, perfumes, and cosmetics experienced an 11% rise. These figures include industrial shipments classified under Russia’s non-resource, non-energy exports. All growth rates cited compare January through June 2026 with the same months last year.

    For the entire year of 2026, Russia has set a target of $155.25 billion for non-resource, non-energy exports. Out of this, industrial goods are expected to make up $116.95 billion. In 2025, Russia recorded $163.7 billion in non-resource, non-energy exports. Consequently, the 2026 target is about 5% lower than last year’s actual total. These goals are part of the country’s International Cooperation and Export national project, which encompasses industrial products, agricultural exports, and infrastructure to support exports.

    Long-term non-resource export goals established by Russia

    The International Cooperation and Export program also outlines a non-resource, non-energy merchandise export target for 2030. The government aims for a value of $248.1 billion in nominal terms for that year, representing a 67% increase over the 2023 baseline. Industrial goods are projected to account for $192.9 billion of this total. The Russian Export Center plays a vital role in supporting these initiatives, offering digital services tailored for companies involved in international trade.

    Current data shows Russia’s exports outside resources and energy from January to July exceeded $96 billion, with SMEs contributing $15.9 billion. Industrial exports for the first half of 2026 reached $58.8 billion, showing growth in chemicals, fertilizers, metals, light industry, and pharmaceuticals. All these figures are denominated in U.S. dollars, not rubles. The overall 2026 target for non-resource exports remains $155.25 billion, with a separate annual goal of $116.95 billion for industrial goods.

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