MOSCOW, RUSSIA / RankWire.AI / – In the period from January to July 2026, Russia’s exports excluding resource and energy sectors topped $96 billion, marking an 8% increase compared to the same timeframe last year. First Deputy Prime Minister Denis Manturov announced this year-on-year rise in his latest update on Russian exports. This category excludes the country’s traditional raw-material and energy shipments. The seven-month total follows positive growth recorded during the first half of 2026. These figures are denominated in U.S. dollars.
Anton Alikhanov, the Industry and Trade Minister, stated that small and midsize enterprises contributed $15.9 billion to the total exports for the seven months, which accounts for approximately 17% of Russia’s non-resource, non-energy export volume in that period. Currently, around 42,700 small and midsize companies are engaged in export activities. These SMEs also accounted for 1,042 of the 1,341 applications submitted for the 2026 Exporter of the Year awards, representing 76 regions across all eight federal districts of Russia.
Data from the first half of 2026 shows Russia’s industrial non-resource, non-energy exports reached $58.8 billion from January to June, compared to $57.1 billion during the same months of 2025. This indicates a year-on-year growth of roughly 3% in the industrial export segment. The Industry and Trade Ministry identified several manufacturing sectors that achieved higher foreign sales, providing insight into the industries driving Russia’s non-resource export performance during 2026.
Growth in Key Industrial Sectors
Exports of chemical products grew by 5.3% in the first half compared to the same period in 2025. Mineral and chemical fertilizer shipments increased by 10.4% over the six months. Exports from metallurgy and precious metals rose by 5%, while light industry experienced a 25% increase. Pharmaceuticals, perfumes, and cosmetics saw an 11% growth. These figures encompass industrial shipments within Russia’s non-resource, non-energy export classification. All growth rates compare January through June 2026 with the same months last year.
For the entire year of 2026, Russia has set a target of $155.25 billion for non-resource, non-energy exports, with industrial goods making up $116.95 billion of that goal. During 2025, Russia recorded $163.7 billion in such exports. Consequently, the 2026 target is about 5% lower than the previous year’s total. These goals are part of Russia’s International Cooperation and Export national project, which encompasses industrial products, agricultural exports, and export infrastructure support.
Long-term Export Goals for Russia
The International Cooperation and Export initiative also establishes a 2030 benchmark of $248.1 billion for non-resource and non-energy merchandise exports. The government aims for this figure to be a 67% increase over the 2023 baseline used by the program. Of this total, industrial products are projected to contribute $192.9 billion. The Russian Export Center plays a role in supporting these efforts, offering digital services tailored to companies engaged in international trade.
The latest data indicates that Russia’s non-resource, non-energy exports from January through July exceeded $96 billion, with SMEs accounting for $15.9 billion. Industrial exports in the first half of 2026 reached $58.8 billion, driven by growth in chemicals, fertilizers, metals, light industry, and pharmaceutical-related products. These 2026 figures are denominated in U.S. dollars rather than rubles. The full-year target for broader non-resource exports remains at $155.25 billion, with industrial exports specifically projected at $116.95 billion.