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    Home » Russian Non-Resource Export Sector Surpasses $96 Billion in the First Seven Months of 2026
    Business

    Russian Non-Resource Export Sector Surpasses $96 Billion in the First Seven Months of 2026

    September 23, 2026
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    MOSCOW, RUSSIA / RankWire.AI / – In the period from January to July 2026, Russia’s exports excluding resources and energy goods exceeded $96 billion, reflecting an 8% increase compared to the same timeframe last 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 total builds on the growth observed during the first half of 2026. These figures 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, stated that small and midsize companies contributed $15.9 billion to the total export figure for the seven months, accounting for approximately 17% of Russia’s non-resource, non-energy exports in this period. Currently, around 42,700 small and midsize businesses are engaged in export activities. Additionally, SMEs 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.

    Data from the first half of 2026 showed that Russia’s industrial non-resource, non-energy exports totaled $58.8 billion from January through June. In comparison, the same period in 2025 saw $57.1 billion, indicating a year-on-year increase of roughly 3%. The Industry and Trade Ministry highlighted several manufacturing sectors with higher foreign sales, providing further insight into the segments driving Russia’s non-resource export performance during 2026.

    Growth Across Major Industrial Sectors

    Exports of chemical products rose by 5.3% in the first half of 2026 compared to the same months in 2025. Mineral and chemical fertilizer exports expanded by 10.4% over this period. Metallurgy and precious metal exports increased by 5%, while light industry experienced a 25% growth. Pharmaceuticals, perfumes, and cosmetics saw an 11% rise. These figures encompass industrial shipments within Russia’s non-resource, non-energy export classification, with growth rates comparing January through June 2026 to the same months in the previous year.

    For the entirety of 2026, Russia has set a non-resource, non-energy export goal of $155.25 billion. Industrial products make up $116.95 billion of this annual target. In 2025, Russia recorded $163.7 billion in non-resource, non-energy exports, making the 2026 goal approximately 5% lower than last year’s total. These targets are part of the country’s International Cooperation and Export national project, which includes industrial goods, agricultural products, and export infrastructure development.

    Long-term Export Goals for Russia’s Non-Resource Sectors

    The International Cooperation and Export initiative also aims for a target of $248.1 billion in nominal terms for non-resource and non-energy exports by 2030. The government estimates this figure to be a 67% increase over the 2023 baseline utilized by the program. Industrial products are projected to comprise $192.9 billion of the 2030 benchmark. The Russian Export Center supports these efforts, offering digital services tailored for companies engaged in international trade.

    The latest figures indicate that Russia’s exports from January through July exceeded $96 billion in non-resource, non-energy categories, with SMEs contributing $15.9 billion. Industrial exports in the first half of 2026 reached $58.8 billion, showing growth in chemicals, fertilizers, metals, light industry, and pharmaceuticals. It is noteworthy that Russia’s official 2026 figures are denominated in U.S. dollars rather than rubles. The annual goal for the broader non-resource sector remains $155.25 billion, with industrial goods specifically targeting a full-year benchmark of $116.95 billion.

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