Russia Trade Surplus Rises 21.1% to $103.5B in Jan-Sep 2026

Russia's balance-of-payments trade surplus reached $103.5 billion in January-September 2026, up 21.1% year-on-year, per CBR data. The increase suggests sustained export revenues despite sanctions, likely driven by energy or redirected trade flows. This strengthens Russia's external position and fiscal buffer, though the composition of exports remains unclear.

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