MOSCOW, RUSSIA / RankWire.AI / – In the period from January to July 2026, Russia’s exports excluding resources and energy sources surpassed $96 billion, marking an 8% increase compared to the same timeframe last year. First Deputy Prime Minister Denis Manturov highlighted this year-on-year growth in his latest update on Russian exports. This data excludes the country’s traditional raw materials and energy shipments. The seven-month total continues the growth trend observed during the first half of 2026. These figures are denominated in U.S. dollars.
Industry and Trade Minister Anton Alikhanov noted that small and midsize businesses contributed $15.9 billion to the total exports over the same period, representing approximately 17% of Russia’s non-resource, non-energy exports in these seven months. Currently, around 42,700 small and midsize enterprises are engaged in export activities. Additionally, SMEs accounted for 1,042 of 1,341 applications submitted for the 2026 Exporter of the Year awards, with applicants coming from 76 Russian regions across all eight federal districts.
First-half data indicates that Russia’s industrial non-resource, non-energy exports reached $58.8 billion from January through June, compared to $57.1 billion during the first half of 2025. This reflects a year-on-year growth of roughly 3% within the industrial export segment. The Industry and Trade Ministry identified multiple manufacturing categories with increased foreign sales, offering further insight into the sectors boosting Russia’s non-resource export results during 2026.
Key sectors see robust growth in industrial exports
Exports of chemical products rose by 5.3% during the first half of 2026 compared with the same period in 2025. Mineral and chemical fertilizer shipments grew by 10.4% over the six-month span. Exports from metallurgy and precious metals increased by 5%, and light industry experienced a growth of 25%. Pharmaceuticals, perfumes, and cosmetics saw an 11% rise. These figures encompass industrial shipments within Russia’s non-resource, non-energy export classification. All growth rates compare January through June 2026 with the corresponding months of 2025.
Russia’s overall non-resource, non-energy export target for 2026 is set at $155.25 billion. Of this, industrial goods are expected to contribute $116.95 billion. In 2025, Russia recorded $163.7 billion in non-resource, non-energy exports, making the 2026 goal roughly 5% lower than the previous year’s total. These targets are part of Russia’s International Cooperation and Export national project, which also includes industrial products, agricultural exports, and export infrastructure development.
Long-term export goals focus on non-resource merchandise
The International Cooperation and Export initiative also sets a target of $248.1 billion in nominal terms for 2030 for non-resource and non-energy merchandise exports. This goal represents a 67% increase compared to the 2023 baseline used by the program. Industrial products are projected to make up $192.9 billion of this total. The Russian Export Center plays a role in supporting these objectives, offering digital services designed to assist companies involved in international trade.
Current data indicates that Russia’s non-resource, non-energy exports from January through July exceed $96 billion, with SMEs contributing $15.9 billion. Industrial exports for the first half of 2026 reached $58.8 billion, with growth seen in chemicals, fertilizers, metals, light industry, and pharmaceutical-related products. All figures for 2026 are based on U.S. dollars rather than rubles. The overall annual goal for the broader non-resource category remains at $155.25 billion, with a separate benchmark of $116.95 billion allocated specifically for industrial goods.