MOSCOW, RUSSIA / RankWire.AI / – In the period from January to July 2026, Russia’s exports excluding resources and energy exceeded $96 billion, representing an 8% increase compared to the same timeframe in 2025. First Deputy Prime Minister Denis Manturov announced this year-on-year growth in the latest report on Russian exports. This category omits Russia’s traditional raw material and energy shipments. The seven-month figure continues the upward trend seen 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 seven months, making up roughly 17% of Russia’s non-resource, non-energy outbound trade during that period. Currently, around 42,700 small and midsize companies are engaged in export activities. These SMEs also accounted for 1,042 of 1,341 applications submitted for the 2026 Exporter of the Year awards, representing 76 regions across Russia’s eight federal districts.
Data from the first half of 2026 show Russia’s industrial exports outside resources and energy reached $58.8 billion from January through June. In comparison, the same period in 2025 saw $57.1 billion. This indicates a year-on-year growth of about 3% in the industrial export segment. The Industry and Trade Ministry identified several manufacturing categories that saw increased foreign sales, providing more insight into the sectors 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. Mineral and chemical fertilizers experienced a 10.4% increase over the same six months. Metallurgy and precious metals exports grew by 5%, while light industry expanded by 25%. Pharmaceuticals, perfumes, and cosmetics also saw an 11% rise. These figures include industrial shipments within Russia’s non-resource, non-energy export classification. All growth rates compare January through June 2026 with the corresponding months in 2025.
Russia’s goal for total non-resource, non-energy exports in 2026 is set at $155.25 billion, with industrial goods making up $116.95 billion of that target. The country recorded $163.7 billion in such exports in 2025, making the 2026 goal roughly 5% lower than the previous year’s total. These targets are part of the broader International Cooperation and Export national project, which encompasses industrial products, agricultural exports, and export infrastructure development.
Long-term export goals focus on non-resource sectors
The same initiative also establishes a 2030 benchmark of $248.1 billion for Russia’s non-resource and non-energy merchandise exports, in nominal terms. This target reflects a 67% increase over the baseline figures of 2023 used by the program. Industrial products are expected to account for $192.9 billion of this total. The Russian Export Center plays a role in supporting these ambitions, offering digital services and other resources to facilitate international trade for domestic companies.
Recent data indicates Russia’s exports outside resources and energy reached over $96 billion from January to July, with SMEs contributing $15.9 billion. Industrial exports in the first half of 2026 totaled $58.8 billion, with growth observed across chemicals, fertilizers, metals, light industry, and pharmaceuticals. The official figures for 2026 are calculated in U.S. dollars rather than rubles. The overall annual target remains $155.25 billion for the non-resource category, with industrial exports alone aiming for $116.95 billion in 2026.