MOSCOW, RUSSIA / RankWire.AI / – In the period from January to July 2026, Russia’s exports excluding resources and energy exceeded $96 billion, reflecting an 8% rise compared to the same timeframe in the previous year. First Deputy Prime Minister Denis Manturov announced this year-on-year growth in the latest update on Russian exports. This category omits the country’s traditional raw-material and energy shipments. The seven-month figures follow an expansion seen during the first half of 2026. All data are denominated in U.S. dollars.
Industry and Trade Minister Anton Alikhanov indicated that small and midsize enterprises contributed $15.9 billion to the total exports for the period, representing about 17% of Russia’s non-resource, non-energy exports. Currently, approximately 42,700 small and midsize companies are engaged in export activities. These SMEs also made up 1,042 of the 1,341 applications for the 2026 Exporter of the Year awards, with submissions coming from 76 Russian regions across all eight federal districts.
Data from the first half of the year showed Russia’s industrial non-resource, non-energy exports reached $58.8 billion from January to June. In the same period of 2025, the figure was $57.1 billion. This indicates a year-on-year growth of roughly 3% within the industrial export sector. The Industry and Trade Ministry highlighted several manufacturing categories with increased foreign sales, offering further detail on the sectors boosting Russia’s non-resource export performance in 2026.
Key sectors experience 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. Exports from metallurgy and precious metals grew by 5%, while light industry experienced a 25% growth. Pharmaceuticals, perfumes, and cosmetics saw an 11% rise. These figures cover industrial shipments classified within Russia’s non-resource, non-energy export category. 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. Industrial goods are expected to comprise $116.95 billion of this total. Russia recorded $163.7 billion in such exports during 2025. Consequently, the 2026 goal is approximately 5% lower than the previous year’s total. These targets are part of the country’s International Cooperation and Export national project, encompassing industrial products, agricultural exports, and export-support infrastructure.
Russia’s long-term export ambitions for non-resource sectors
The International Cooperation and Export initiative also establishes a goal for 2030 of $248.1 billion in non-resource and non-energy merchandise exports in nominal terms. This target signifies a 67% increase over the baseline of 2023 used by the program. Industrial products are projected to account for $192.9 billion of the 2030 goal. The Russian Export Center plays a role in this support system, including digital services aimed at assisting companies engaged in international trade.
Latest figures show Russia’s exports outside resources and energy from January through July surpass $96 billion, with SMEs contributing $15.9 billion. The first-half industrial exports reached $58.8 billion, driven by growth in chemicals, fertilizers, metals, light industry, and pharmaceutical-related products. It’s important to note that Russia’s confirmed 2026 export figures are calculated in U.S. dollars, not rubles. The annual target for the broader non-resource category remains $155.25 billion, while the industrial sector’s full-year benchmark is $116.95 billion.