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Russia Country Guide

Russia’s monetary conditions and its trade with Thailand: the Bank of Russia key rate and ruble exchange rates, Thai Ministry of Commerce trade figures and annual World Bank context.

Russia is a Eurasian economy with substantial industrial, energy, agricultural and international trade activity.

This guide starts with Russia’s merchandise trade with Thailand as reported by Thailand’s Ministry of Commerce, then shows the Bank of Russia key rate and official ruble exchange rates, followed by annual World Bank context. Every figure is official and dated; missing values are never estimated.
  • Economy: Bank of Russia, checked daily (last 24 Oct 2026)
  • Trade: Thailand’s Ministry of Commerce, January–July 2026
  • Annual context: World Bank, to 2025

Bilateral trade · Thai data

Russia–Thailand trade

January–July 2026 · Year to date · USD

  • Thailand’s exports to Russia = Russia’s imports from Thailand US$441.1M −26.9% vs comparable prior year
  • Thailand’s imports from Russia = Russia’s exports to Thailand US$910.8M +91.0% vs comparable prior year
  • Total trade US$1.4B +25.2% vs comparable prior year
  • Trade balance Reported from Thailand’s side −US$469.7M Thailand deficit

Russia ranks 34th among Thailand’s trading partners by total trade · 0.3% of Thailand’s total trade.

Top Russian imports from Thailand

  1. HS 40 Rubber and rubber articles
  2. HS 85 Electrical and electronic equipment
  3. HS 84 Machinery and mechanical equipment

Top Russian exports to Thailand

  1. HS 27 Mineral fuels and oils
  2. HS 31 Fertiliser products
  3. HS 76 Aluminium and aluminium articles
Full Russia–Thailand trade statistics Products traded with Thailand, by sector

According to Thailand’s Ministry of Commerce: merchandise (goods) trade as Thailand reports it, not Russian customs statistics. Thailand’s exports to Russia are Russia’s imports from Thailand, Thailand’s imports from Russia are Russia’s exports to Thailand, and the balance is Thailand’s. It is not the World Bank’s annual exports and imports of goods and services shown further below. Source: Direct MOC country or territory observation; comparisons calculated by TRCC.

Bank of Russia statistics

Bank of Russia: key rate and ruble

Latest official figures saved from the Bank of Russia. Missing dates are not filled.

Key rate and ruble exchange rates

  • Key rate

    14.00%

    • 0 bp vs previous observation
    • −300 bp YoY

    The key rate was last lowered by 25 bp, first observed on 27 Jul 2026.

    18 Sep 202523 Oct 2026

    How to read: Changes are shown in basis points: 25 bp = 0.25 percentage points. A date is when a new rate first appears in the Bank of Russia series, not the date of a Board decision.

    Scope: Bank of Russia key rate, % per annum, daily series

    Source: Bank of Russia · retrieved by TRCC

  • THB/RUB

    2.39341 RUB per THB

    • −0.01745 RUB vs previous official rate
    • −3.4% YoY

    The ruble was stronger against the Thai baht than a year earlier.

    19 Sep 202524 Oct 2026

    How to read: Rubles per 1 Thai baht: a higher rate means a weaker ruble.

    Scope: Official Bank of Russia rate, rubles per 1 Thai baht

    Source: Bank of Russia · retrieved by TRCC

  • USD/RUB

    80.5381 RUB per USD

    • −0.5874 RUB vs previous official rate
    • −0.9% YoY

    The ruble was broadly stable against the US dollar compared with a year earlier.

    19 Sep 202524 Oct 2026

    How to read: Rubles per 1 US dollar: a higher rate means a weaker ruble.

    Scope: Official Bank of Russia rate, rubles per 1 US dollar

    Source: Bank of Russia · retrieved by TRCC

  • CNY/RUB

    12.0557 RUB per CNY

    • −0.0903 RUB vs previous official rate
    • +6.0% YoY

    The ruble was weaker against the Chinese yuan than a year earlier.

    19 Sep 202524 Oct 2026

    How to read: Rubles per 1 Chinese yuan: a higher rate means a weaker ruble.

    Scope: Official Bank of Russia rate, rubles per 1 Chinese yuan

    Source: Bank of Russia · retrieved by TRCC

World Bank statistics

Russia in numbers

Eight indicators presented as an editorial reference. Observation years can differ by indicator.

Country World aggregate

People

  • Population

    143.5M people

    Latest available year: 2025

    Change: -0.1% since 2024

    20212025

Economy

  • GDP

    2.6T current US$

    Latest available year: 2025

    Nominal US$ change: +17.1% since 2024

    20212025

  • GDP per capita

    17,547 current US$ per person

    Latest available year: 2025

    Nominal US$ change: +17.3% since 2024

    World aggregate: 14,406 current US$ per person · 2025

    20212025

  • GDP growth

    1.0 %

    Latest available year: 2025

    Change: -3.9 percentage points since 2024

    World aggregate: 2.9 % · 2025

    20212025

  • Inflation

    8.7 %

    Latest available year: 2025

    Change: +0.3 percentage points since 2024

    World aggregate: 3.0 % · 2025

    20212025

Trade

  • Trade share

    33.7 % of GDP

    Latest available year: 2025

    Change: -5.7 percentage points since 2024

    World aggregate: 68.5 % of GDP · 2025

    20212025

  • Exports

    466.2B current US$

    Latest available year: 2025

    Nominal US$ change: -2.4% since 2024

    20212025

  • Imports

    397.2B current US$

    Latest available year: 2025

    Nominal US$ change: +3.4% since 2024

    20212025

Source: World Bank — World Development Indicators

World Bank data updated: 2026-07-13

Retrieved by TRCC:

Indicators can have different observation years. Missing values are not gap-filled.

Each mini-chart uses its own scale.

Exports and imports cover economy-wide goods and services, not bilateral Thailand–Russia trade.

Current-US$ values may reflect price and exchange-rate changes.

Digital inclusion

Digital inclusion

% of rural population age 15+, 2024 survey

  • Rural adults who used the internet in the past three months

    • Russia90.0%

    • World aggregate60.4%

    Reported internet use in the past three months; this is not internet coverage or access to financial services.

  • Main mobile phone is a smartphone

    • Russia81.4%

    • World aggregate58.0%

    The main mobile phone used is a smartphone; this does not establish personal ownership, network coverage, or service quality.

  • Bank or similar financial institution account

    • Russia79.3%

    • World aggregate70.9%

    An account at a bank or similar financial institution; this is not all financial services or mobile-money-only account ownership.