MOSCOW, RUSSIA / RankWire.AI / – Between January and July 2026, Russia’s exports excluding resources and energy surpassed $96 billion, marking an 8% increase compared to the same period in the previous year. First Deputy Prime Minister Denis Manturov announced the year-on-year rise in the latest update on Russian exports. This category omits the country’s traditional raw materials and energy shipments. The seven-month figures follow positive growth noted during the first half of 2026. All figures are denominated in U.S. dollars.
Industry and Trade Minister Anton Alikhanov highlighted that small and midsize enterprises contributed $15.9 billion to the total exports over the same period, accounting for roughly 17% of Russia’s non-resource, non-energy exports. Currently, around 42,700 small and midsize businesses participate in export activities. These SMEs also submitted 1,042 of the 1,341 applications for the 2026 Exporter of the Year awards, representing 76 Russian regions across all eight federal districts.
First-half data indicates Russia’s industrial non-resource, non-energy exports reached $58.8 billion from January through June, compared to $57.1 billion during the same period in 2025. This reflects approximately 3% year-on-year growth within the industrial export sector. The Industry and Trade Ministry identified several manufacturing sectors that experienced increased foreign sales, offering further insights into the industries driving Russia’s non-resource export success in 2026.
Key sectors see robust growth in industrial exports
Exports of chemical products rose by 5.3% during the first half of 2026 compared to the same period last year. Shipments of mineral and chemical fertilizers increased by 10.4% over the six months. Metals and precious metals exports grew by 5%, while light industry saw a significant 25% rise. Pharmaceuticals, perfumes, and cosmetics posted an 11% increase. These figures encompass industrial shipments classified within Russia’s non-resource, non-energy exports, with all growth rates comparing January through June 2026 to the same months in 2025.
Russia aims for non-resource, non-energy exports to reach $155.25 billion in 2026. Industrial goods are expected to make up $116.95 billion of this target. In 2025, the country recorded $163.7 billion in such exports, which means the 2026 goal is approximately 5% below last year’s total. These targets are part of Russia’s International Cooperation and Export national project, which includes industrial products, agricultural exports, and infrastructure support for exports.
Long-term export goals focus on non-resource trade
The International Cooperation and Export initiative also establishes a 2030 goal of $248.1 billion in nominal terms for non-resource and non-energy merchandise exports. This goal represents a 67% increase over the 2023 baseline used by the program. The industrial sector is projected to contribute $192.9 billion to this target. The Russian Export Center supports these efforts through various services, including digital platforms designed to assist companies engaged in international trade.
The latest data confirms Russia’s non-resource, non-energy exports from January through July exceeding $96 billion, with SMEs accounting for $15.9 billion. Industrial exports in the first half of 2026 reached $58.8 billion, showing growth across chemicals, fertilizers, metals, light industry, and pharmaceuticals. All figures are calculated in U.S. dollars rather than rubles. The annual goal for the broader non-resource category remains $155.25 billion, with a separate benchmark of $116.95 billion set specifically for industrial exports.
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