MOSCOW, RUSSIA / RankWire.AI / – Between January and July 2026, Russia’s exports excluding resources and energy exceeded $96 billion, reflecting an 8% increase compared to the same period last year. First Deputy Prime Minister Denis Manturov announced the year-on-year rise in the latest report on Russian exports. This category omits the country’s traditional raw materials and energy shipments. The seven-month figures follow the growth observed during the first half of 2026. The values are denominated in U.S. dollars.
Anton Alikhanov, Minister of Industry and Trade, noted that small and midsize businesses contributed $15.9 billion to the total exports over the same period, representing about 17% of Russia’s non-resource, non-energy exports. Currently, approximately 42,700 small and midsize firms are engaged in export activities. These SMEs also accounted for 1,042 out of 1,341 applications for the 2026 Exporter of the Year awards, submitted from 76 Russian regions across all eight federal districts.
Data from the first half of the year indicates Russia’s industrial non-resource, non-energy exports reached $58.8 billion from January to June, compared to $57.1 billion during the same period in 2025. This denotes a roughly 3% year-on-year increase in the industrial export sector. The Ministry of Industry and Trade identified several manufacturing segments with higher foreign sales, providing additional insights into the sectors driving Russia’s non-resource export performance in 2026.
Key sectors see robust growth in industrial shipments
Exports of chemical products rose by 5.3% during the first half compared to the same period in 2025. Mineral and chemical fertilizer shipments increased by 10.4% over the six months. Metallurgy and precious metals exports grew by 5%, while light industry experienced a 25% rise. Pharmaceuticals, perfumes, and cosmetics posted an 11% increase. These figures encompass industrial shipments within Russia’s non-resource, non-energy export classification, with all growth rates comparing January through June 2026 to the same months last year.
Russia aims for a non-resource, non-energy export total of $155.25 billion in 2026. Industrial goods are projected to account for $116.95 billion of this goal. In 2025, the country recorded $163.7 billion in non-resource, non-energy exports, making the 2026 target approximately 5% lower than the previous year’s total. These targets are part of Russia’s International Cooperation and Export national project, which covers industrial, agricultural, and export infrastructure sectors.
Long-term export goals are set for 2030
The International Cooperation and Export initiative also establishes a target of $248.1 billion for non-resource and non-energy merchandise exports by 2030. This figure represents a 67% increase over the 2023 baseline used in the program. Of this, industrial goods are expected to contribute $192.9 billion. The Russian Export Center is actively involved in supporting these efforts, including digital services aimed at companies engaged in international trade.
Current data indicates that Russia’s non-resource, non-energy exports from January through July surpass $96 billion, with SMEs accounting for $15.9 billion. The first-half industrial exports reached $58.8 billion, with growth observed across chemicals, fertilizers, metals, light industry, and pharmaceutical-related products. All 2026 figures are reported in U.S. dollars, not rubles. The overall annual target remains at $155.25 billion for this broader category, while industrial exports are benchmarked at $116.95 billion for the full year.
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