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Russia Imports (% GDP)

Russia's imports (% GDP) fell to 17.59% in 2024, down from 18.34% in 2023, according to World Bank. This represents a decrease of 0.75% from the previous year. Russia has the 11th lowest imports (% GDP). Within Europe, it ranks 44th out of 44 countries.

Russia's exports (% GDP) fell to 21.92% in 2024, down from 22.49% in 2023.

Yearly Historical Data (1989-2024)

(in %)
Year Imports (% GDP)
2024 17.59%
2023 18.34%
2022 15.06%
2021 20.58%
2020 20.44%
2019 20.8%
2018 20.79%
2017 20.79%
2016 20.66%
2015 20.66%
2014 20.69%
2013 20.44%
2012 20.24%
2011 19.98%
2010 21.14%
2009 20.5%
2008 22.07%
2007 21.54%
2006 21%
2005 21.51%
2004 22.16%
2003 23.88%
2002 24.43%
2001 24.22%
2000 24.03%
1999 26.17%
1998 24.55%
1997 22.53%
1996 21.85%
1995 25.89%
1994 23.2%
1993 30.49%
1992 48.25%
1991 12.99%
1990 17.94%
1989 21.01%
Russia Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries by Russia compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $492.31B $337.1B 2021
Annual Imports $293.5B $231.66B 2021
Balance of Trade $7.5B $12.7B Aug'25
Exports $31.5B $38B Aug'25
Exports (% GDP) 21.92% 22.49% 2024
FDI Inflows (% GDP) -0.38% -0.48% 2024
Imports $24.1B $25.3B Aug'25
Net Trade (Goods & Services, BoP) $93.83B $85.56B 2024
Tariff Rate 5.51% 5.01% 2021
Trade (% GDP) 39.51% 40.83% 2024