MOSCOW, RUSSIA / RankWire.AI / – Between January and July 2026, Russia’s exports excluding resources and energy exceeded $96 billion, reflecting an 8% increase compared to the same period last year. First Deputy Prime Minister Denis Manturov announced this year-on-year growth in the latest report on Russian exports. The category in question omits the country’s traditional raw materials and energy shipments. The seven-month figures follow the growth observed during the first half of 2026. All these figures are denominated in U.S. dollars.
Industry and Trade Minister Anton Alikhanov mentioned that small and midsize enterprises contributed $15.9 billion to the total exports for the seven months, accounting for about 17% of Russia’s non-resource, non-energy exports during this period. Currently, roughly 42,700 small and midsize companies are engaged in export activities. These SMEs also represented 1,042 of 1,341 applications for the 2026 Exporter of the Year awards, with applicants from 76 Russian regions across all eight federal districts.
Data from the first half of 2026 indicates that Russia’s industrial non-resource, non-energy exports reached $58.8 billion from January through June, compared to $57.1 billion in the same period in 2025. This signifies approximately 3% year-on-year growth in the industrial export segment. The Industry and Trade Ministry pinpointed several manufacturing categories that achieved higher foreign sales, providing further insight into the sectors driving Russia’s non-resource export success during 2026.
Major sectors see robust growth in industrial shipments
Exports of chemical products rose by 5.3% during the first half compared to the same period in 2025. Mineral and chemical fertilizer shipments increased by 10.4% over the six months. Export volumes from metallurgy and precious metals grew by 5%, while light industry experienced a 25% increase. Pharmaceuticals, perfumes, and cosmetics also saw an 11% rise. These figures encompass industrial shipments classified under Russia’s non-resource, non-energy export category, with all growth rates comparing January through June 2026 to the same months in the previous 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 contribute $116.95 billion. Russia recorded exports of $163.7 billion in this category during 2025, according to Russia. Consequently, the 2026 goal is roughly 5% lower than the previous year’s total. These objectives are part of the country’s International Cooperation and Export national project, which encompasses industrial products, agricultural exports, and export infrastructure development.
Russia aims for extended non-resource export targets
The International Cooperation and Export initiative also envisions a non-resource, non-energy export goal of $248.1 billion in nominal terms by 2030. This target signifies a 67% increase compared with the baseline set in 2023 used by the program. Industrial exports are expected to account for $192.9 billion of this figure. The Russian Export Center is actively involved in supporting these efforts, offering digital services tailored for companies engaged in international trade.
The latest data shows that Russia’s non-resource, non-energy exports from January through July surpassed $96 billion, with SMEs contributing $15.9 billion. The first half of 2026 saw industrial exports reach $58.8 billion, with growth recorded across chemicals, fertilizers, metals, light industry, and pharmaceutical-related products. These figures are denominated in U.S. dollars, and the full-year target remains set at $155.25 billion for the broader non-resource category. The industrial goods segment has a separate annual target of $116.95 billion.