MOSCOW, RUSSIA / RankWire.AI / – In the first seven months of 2026, Russia’s exports excluding resources and energy sources have risen beyond $96 billion, representing 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 update on Russian exports. The figures exclude Russia’s traditional raw materials and energy shipments. This seven-month total builds on growth observed during the first half of 2026. All figures are denominated in U.S. dollars.
Industry and Trade Minister Anton Alikhanov highlighted that small and midsize enterprises contributed $15.9 billion to the total exports over this period, accounting for roughly 17% of Russia’s non-resource, non-energy exports for the same timeframe. Currently, approximately 42,700 small and midsize businesses are engaged in export activities. These SMEs also accounted for 1,042 of 1,341 applications submitted for the 2026 Exporter of the Year awards, representing 76 Russian regions across all eight federal districts.
Data from the first half of the year show Russia’s industrial non-resource, non-energy exports reached $58.8 billion from January through June. In comparison, the first half of 2025 recorded $57.1 billion. This indicates a year-on-year growth of around 3% in the industrial export sector. The Industry and Trade Ministry identified several manufacturing categories that experienced higher foreign sales, offering additional insights into the sectors that contributed to Russia’s non-resource export performance during 2026.
Significant growth observed across key industrial sectors
Exports of chemical products saw a 5.3% increase in the first half compared to the same period in 2025. Mineral and chemical fertilizer shipments grew by 10.4% over the six months. Exports from metallurgy and precious metals rose 5%, while light industry experienced a remarkable 25% growth. Pharmaceuticals, perfumes, and cosmetics also posted an 11% rise. These figures reflect industrial shipments classified within Russia’s non-resource, non-energy export category, with all growth rates comparing January through June 2026 to the same months last year.
For the entire year of 2026, Russia has set an export goal of $155.25 billion for non-resource, non-energy goods. Industrial products are projected to make up $116.95 billion of this annual target. In 2025, Russia recorded non-resource, non-energy exports totaling $163.7 billion, making the 2026 target approximately 5% lower than last year’s total. These objectives are part of the national project on International Cooperation and Export, which encompasses industrial goods, agricultural exports, and infrastructure support for exports.
Long-term export targets for non-resource commodities remain in place
The International Cooperation and Export initiative also establishes a target for non-resource and non-energy exports by 2030, aiming for a level of $248.1 billion in nominal terms. This goal reflects a 67% increase relative to the 2023 baseline utilized by the program. Industrial exports are expected to comprise $192.9 billion of this 2030 goal. The Russian Export Center actively participates in supporting these efforts, offering digital services designed specifically for companies involved in international trade.
Latest data indicates that Russia’s exports outside of resources and energy exceeded $96 billion from January through July, with small and midsize businesses contributing $15.9 billion. Industrial exports during the first half of 2026 reached $58.8 billion, with notable growth in chemicals, fertilizers, metals, light industry, and pharmaceutical-related products. These confirmed figures are based on U.S. dollar values rather than rubles. The overall annual target for non-resource exports remains set at $155.25 billion, with industrial goods individually targeting $116.95 billion for the year.