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    Home » Russia Achieves Over $96 Billion in Non-Resource Export Revenues by July 2026
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    Russia Achieves Over $96 Billion in Non-Resource Export Revenues by July 2026

    September 23, 2026
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    MOSCOW, RUSSIA / RankWire.AI / – In the first seven months of 2026, Russia’s exports excluding resources and energy surpassed $96 billion, marking an 8% increase compared to the same period last year. First Deputy Prime Minister Denis Manturov announced this year-on-year growth in the latest report on Russian exports. This category omits the country’s traditional raw materials and energy shipments. The seven-month figures follow positive growth seen during the first half of 2026. All data are denominated 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.

    Anton Alikhanov, Minister of Industry and Trade, noted that small and midsize enterprises contributed $15.9 billion to the total export figure for the period. This represents approximately 17% of Russia’s non-resource, non-energy exports between January and July. Currently, around 42,700 small and midsize firms are engaged in export activities. These SMEs also accounted for 1,042 of the 1,341 applications submitted for the 2026 Exporter of the Year awards, representing 76 Russian regions across all eight federal districts.

    First-half data showed Russia’s industrial non-resource, non-energy exports reached $58.8 billion from January through 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 highlighted several manufacturing sectors with increased foreign sales, offering further insight into the industries driving Russia’s non-resource export success in 2026.

    Growth observed across key industrial sectors

    Exports of chemical products grew by 5.3% in the first half compared to the same months in 2025. Mineral and chemical fertilizer shipments increased by 10.4% over the six-month period. Exports from metallurgy and precious metals rose by 5%, while the light industry experienced a significant 25% growth. Pharmaceuticals, perfumes, and cosmetics also saw an 11% rise. These figures encompass industrial exports within Russia’s non-resource, non-energy classification. All growth rates refer to the period from January through June 2026 compared to the same timeframe last year.

    Russia’s annual export goal for 2026 in the non-resource, non-energy sector is set at $155.25 billion. Of this, industrial products are expected to comprise $116.95 billion. The country recorded $163.7 billion in such exports in 2025, making the 2026 target roughly 5% lower than the previous year’s total. These objectives are part of the national project on International Cooperation and Export, which encompasses industrial goods, agricultural products, and export infrastructure development.

    Russia’s long-term export ambitions for non-resource goods

    The same initiative also establishes a goal for non-resource and non-energy merchandise exports by 2030, aiming for a nominal value of $248.1 billion. This represents a 67% increase over the 2023 baseline used by the program. Industrial sectors are projected to account for $192.9 billion of this total. The Russian Export Center plays a role in supporting these efforts, offering digital services tailored for companies involved in international trade.

    Latest figures indicate that Russia’s non-resource, non-energy exports from January to July exceeded $96 billion, with SMEs contributing $15.9 billion. The first-half industrial exports amounted to $58.8 billion, showing growth in chemicals, fertilizers, metals, light industry, and pharmaceutical-related products. These 2026 figures are denominated in U.S. dollars rather than rubles. The overall yearly target remains set at $155.25 billion for the broader non-resource category, with a specific benchmark of $116.95 billion assigned to industrial goods.

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