MOSCOW, RUSSIA / RankWire.AI / – In the period from January to July 2026, Russia’s exports excluding resources and energy surpassed $96 billion, reflecting an 8% increase compared to the same timeframe last year. First Deputy Prime Minister Denis Manturov highlighted this year-on-year growth in his recent update on Russian exports. The category specifically omits the country’s traditional raw-material and energy shipments. This seven-month figure continues the upward trend observed during the first half of 2026, and all amounts are denominated in U.S. dollars.
Industry and Trade Minister Anton Alikhanov stated that small and midsize enterprises contributed $15.9 billion to the total export figure over the same period, accounting for approximately 17% of Russia’s non-resource, non-energy exports during this period. Currently, about 42,700 small and midsize firms are involved in export activities. These SMEs also made up 1,042 of the 1,341 applications for the 2026 Exporter of the Year awards. The applicants spanned 76 Russian regions across all eight federal districts.
Data for the first half of 2026 revealed that Russia’s industrial exports excluding resources and energy reached $58.8 billion from January through June, compared to $57.1 billion during the same period in 2025. This indicates a year-on-year increase of roughly 3% in the industrial export sector. The Industry and Trade Ministry identified various manufacturing sectors that experienced higher foreign sales, offering further insight into the industries driving Russia’s non-resource export performance during 2026.
Key sectors see robust growth in industrial shipments
Exports of chemical products grew by 5.3% in the first half of 2026 compared to the same months in 2025. Mineral and chemical fertilizer shipments increased by 10.4% over the six months. Export volumes from metallurgy and precious metals rose by 5%, while light industry experienced a substantial 25% growth. Pharmaceuticals, perfumes, and cosmetics saw an 11% rise. These figures encompass industrial exports classified under Russia’s non-resource, non-energy categories, with all growth rates comparing January through June 2026 to the corresponding period in the previous year.
For the full year of 2026, Russia aims for non-resource, non-energy exports totaling $155.25 billion. Of this, industrial goods are projected to make up $116.95 billion. In 2025, Russia recorded $163.7 billion in such exports, meaning the 2026 target is approximately 5% lower than the previous year’s total. These goals are part of Russia’s International Cooperation and Export national project, which includes industrial products, agricultural exports, and infrastructure support for export activities.
Russia’s long-term export goals for non-resource sectors
The International Cooperation and Export initiative also sets a target for 2030, aiming for $248.1 billion in non-resource and non-energy merchandise exports. This goal represents a 67% increase compared with the baseline of 2023 used by the program. Industrial products are expected to constitute $192.9 billion of that total. The Russian Export Center plays a key role in supporting these efforts, offering digital services tailored for companies engaged in international trade.
The latest data indicates that Russia’s exports excluding resources and energy from January through July exceeded $96 billion, with SMEs contributing $15.9 billion. Industrial exports in the first half of the year reached $58.8 billion, with growth seen across chemicals, fertilizers, metals, light industry, and pharmaceutical-related goods. All export figures for 2026 are reported in U.S. dollars. The annual target for this broader category remains at $155.25 billion, with industrial exports specifically aiming for $116.95 billion.