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In July 2025, Russia reported a trade surplus of $13.2 billion, an increase from the $10.2 billion noted in the same period the prior year. This marks the first widening of the trade balance since February. Export activity rose by 6.7% year-over-year, reaching $38.0 billion, the highest level since March of the previous year, driven by increased crude oil exports. Meanwhile, imports decreased by 2.5%, totaling $24.9 billion.
