MOSCOW, RUSSIA / RankWire.AI / – As of July 2026, Russia’s exports excluding raw materials and energy surpassed $96 billion for the first seven months of the year, representing an 8% rise compared to the same period in 2025. First Deputy Prime Minister Denis Manturov announced the year-over-year growth in the latest statement on Russian exports. This category excludes the country’s conventional raw-material and energy shipments. The seven-month data continues the upward trend observed during the first half of 2026. All figures are denominated in U.S. dollars.
In early August, Industry and Trade Minister Anton Alikhanov highlighted that small and midsize companies contributed $15.9 billion to the total export figure over the same period. This amount accounts for roughly 17% of Russia’s non-resource, non-energy exports from January to July. Currently, approximately 42,700 small and midsize enterprises are engaged in export activities. These SMEs also submitted 1,042 out of 1,341 applications for the 2026 Exporter of the Year awards, representing 76 Russian regions across all eight federal districts.
Data for the first half of 2026 show that 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 indicates a year-on-year growth of about 3% in the industrial export sector. The Industry and Trade Ministry identified various manufacturing segments with increased foreign sales, providing further insights into sectors driving Russia’s non-resource export success in 2026.
Major Sectors See Growth in Industrial Shipments
Exports of chemical products grew by 5.3% during the first half compared with the same months in 2025. Mineral and chemical fertilizer shipments increased by 10.4%, while metallurgy and precious metals exports rose by 5%. Light industry experienced a significant 25% growth, and pharmaceuticals, perfumes, and cosmetics saw an 11% increase. These figures cover industrial shipments categorized within Russia’s non-resource, non-energy export classification, with all growth rates comparing January through June 2026 to the same period 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 comprise $116.95 billion. In 2025, Russia recorded $163.7 billion in such exports. Consequently, the 2026 goal is roughly 5% below the previous year’s total. These targets are part of the country’s International Cooperation and Export national initiative, which encompasses industrial products, agricultural exports, and export infrastructure development.
Russia’s Long-Term Non-Resource Export Goals Are in Place
The International Cooperation and Export project also aims for a non-resource, non-energy merchandise export target of $248.1 billion by 2030. The government estimates this would represent a 67% increase from the 2023 baseline used by the program. Of that total, industrial exports are expected to reach $192.9 billion. The Russian Export Center plays a role in supporting this effort, providing digital services tailored for companies engaged in international trade.
Current data indicate that Russia’s exports from January through July exceeded $96 billion in non-resource, non-energy sectors, with SMEs accounting for $15.9 billion. Industrial exports during the first half of 2026 totaled $58.8 billion, showing growth across chemicals, fertilizers, metals, light industry, and pharmaceuticals. The figures are denominated in U.S. dollars rather than rubles. The broader annual export goal remains set at $155.25 billion, with industrial goods carrying a separate benchmark of $116.95 billion for the full year.
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