# Trade with Russia in 2023: whose trade raised or cut Russia's earnings?

How much more or less Russia kept (taxes and profit, not the sales value) from trade with each country in 2023 than in a world without the war. The table starts with China, India and Türkiye.

[Open in the map →](https://warbalance.org/#view=rank&lens=payments&y=2023)

These numbers measure money: aid to Ukraine and the change in what Russia keeps from trade, against a world without the war. Weapons count at their money value: aid at market value when delivered, weapons and troops sent to Russia at the seller's gain where Russia paid and in full where it did not. Votes, diplomacy and intent are not in them.

## Ranking · 60

Sorted by “Russia kept from trade, vs no war” in euros, from where Russia kept more to where it kept less, in 2023. More or less: how much more or less Russia kept (taxes and profit, not sales) than in a world without the war; + adds to its support for Ukraine, − takes from it; + toward Ukraine, − toward Russia.

| # | Country | Russia kept from trade, vs no war | Support for Ukraine | Russian money frozen (return lost) | Net |
| --- | --- | --- | --- | --- | --- |
| 1 | [China](https://warbalance.org/country/china/) | €29.2bn more · 0.17% of GDP more · €21 per person more | −€20m · <0.01% of GDP | – | −€29.2bn · −0.17% of GDP |
| 2 | [India](https://warbalance.org/country/india/) | €15.1bn more · 0.46% of GDP more · €10 per person more | −€6m · <0.01% of GDP | – | −€15.1bn · −0.46% of GDP |
| 3 | [Türkiye](https://warbalance.org/country/turkiye/) | €5.2bn more · 0.49% of GDP more · €61 per person more | +€29m · <0.01% of GDP | – | −€5.2bn · −0.49% of GDP |
| 4 | [Brazil](https://warbalance.org/country/brazil/) | €2.8bn more · 0.14% of GDP more · €13 per person more | +€9m · <0.01% of GDP | – | −€2.7bn · −0.14% of GDP |
| 5 | [Hungary](https://warbalance.org/country/hungary/) | €1.5bn more · 0.81% of GDP more · €162 per person more | +€0.18bn · +0.10% of GDP | €63m · 0.03% of GDP | −€1.3bn · −0.68% of GDP |
| 6 | [Hong Kong](https://warbalance.org/country/hong-kong/) | €1.4bn more · 0.39% of GDP more · €187 per person more | −€1m · <0.01% of GDP | – | −€1.4bn · −0.39% of GDP |
| 7 | [United Arab Emirates](https://warbalance.org/country/united-arab-emirates/) | €1.2bn more · 0.24% of GDP more · €107 per person more | +€15m · <0.01% of GDP | – | −€1.2bn · −0.23% of GDP |
| 8 | [Saudi Arabia](https://warbalance.org/country/saudi-arabia/) | €1.1bn more · 0.10% of GDP more · €31 per person more | +€0.29bn · +0.03% of GDP | – | −€0.82bn · −0.07% of GDP |
| 9 | [Libya](https://warbalance.org/country/libya/) | €0.92bn more · 2.2% of GDP more · €124 per person more | −€5m · −0.01% of GDP | – | −€0.92bn · −2.2% of GDP |
| 10 | [Iran](https://warbalance.org/country/iran/) | €0.80bn more · 0.19% of GDP more · €9 per person more | +€2m · <0.01% of GDP | – | −€0.80bn · −0.19% of GDP |
| 11 | [Malaysia](https://warbalance.org/country/malaysia/) | €0.72bn more · 0.19% of GDP more · €20 per person more | +€2m · <0.01% of GDP | – | −€0.72bn · −0.19% of GDP |
| 12 | [Indonesia](https://warbalance.org/country/indonesia/) | €0.72bn more · 0.06% of GDP more · €3 per person more | −€7m · <0.01% of GDP | – | −€0.73bn · −0.06% of GDP |
| 13 | [Tunisia](https://warbalance.org/country/tunisia/) | €0.69bn more · 1.5% of GDP more · €56 per person more | +€1m · <0.01% of GDP | – | −€0.69bn · −1.5% of GDP |
| 14 | [Singapore](https://warbalance.org/country/singapore/) | €0.63bn more · 0.13% of GDP more · €104 per person more | +€14m · <0.01% of GDP | €13m · <0.01% of GDP | −€0.60bn · −0.12% of GDP |
| 15 | [Israel](https://warbalance.org/country/israel/) | €0.58bn more · 0.12% of GDP more · €58 per person more | +€23m · <0.01% of GDP | – | −€0.56bn · −0.11% of GDP |
| 16 | [Egypt](https://warbalance.org/country/egypt/) | €0.53bn more · 0.14% of GDP more · €5 per person more | +€20m · <0.01% of GDP | – | −€0.51bn · −0.13% of GDP |
| 17 | [Switzerland](https://warbalance.org/country/switzerland/) | €0.53bn more · 0.06% of GDP more · €59 per person more | +€1.8bn · +0.21% of GDP | €0.56bn · 0.07% of GDP | +€1.8bn · +0.21% of GDP |
| 18 | [Uzbekistan](https://warbalance.org/country/uzbekistan/) | €0.50bn more · 0.49% of GDP more · €14 per person more | −€2m · <0.01% of GDP | – | −€0.50bn · −0.50% of GDP |
| 19 | [South Africa](https://warbalance.org/country/south-africa/) | €0.49bn more · 0.13% of GDP more · €8 per person more | +€2m · <0.01% of GDP | – | −€0.49bn · −0.13% of GDP |
| 20 | [Azerbaijan](https://warbalance.org/country/azerbaijan/) | €0.48bn more · 0.68% of GDP more · €47 per person more | +€10m · +0.01% of GDP | – | −€0.47bn · −0.66% of GDP |
| 21 | [Ghana](https://warbalance.org/country/ghana/) | €0.39bn more · 0.53% of GDP more · €11 per person more | −€2m · <0.01% of GDP | – | −€0.39bn · −0.53% of GDP |
| 22 | [Mongolia](https://warbalance.org/country/mongolia/) | €0.34bn more · 1.8% of GDP more · €95 per person more | – | – | −€0.34bn · −1.8% of GDP |
| 23 | [Oman](https://warbalance.org/country/oman/) | €0.32bn more · 0.32% of GDP more · €60 per person more | −€2m · <0.01% of GDP | – | −€0.32bn · −0.32% of GDP |
| 24 | [Tanzania](https://warbalance.org/country/tanzania/) | €0.31bn more · 0.42% of GDP more · €4 per person more | – | – | −€0.31bn · −0.42% of GDP |
| 25 | [Austria](https://warbalance.org/country/austria/) | €0.31bn more · 0.06% of GDP more · €33 per person more | +€0.93bn · +0.20% of GDP | €0.26bn · 0.06% of GDP | +€0.89bn · +0.19% of GDP |
| 26 | [Serbia](https://warbalance.org/country/serbia/) | €0.26bn more · 0.35% of GDP more · €39 per person more | −€2m · <0.01% of GDP | – | −€0.26bn · −0.35% of GDP |
| 27 | [Nepal](https://warbalance.org/country/nepal/) | €0.23bn more · 0.60% of GDP more · €8 per person more | −€3m · <0.01% of GDP | – | −€0.24bn · −0.61% of GDP |
| 28 | [Georgia](https://warbalance.org/country/georgia/) | €0.21bn more · 0.75% of GDP more · €55 per person more | −€1m · <0.01% of GDP | – | −€0.21bn · −0.75% of GDP |
| 29 | [Iraq](https://warbalance.org/country/iraq/) | €0.21bn more · 0.08% of GDP more · €4 per person more | −€7m · <0.01% of GDP | – | −€0.21bn · −0.08% of GDP |
| 30 | [Côte d'Ivoire](https://warbalance.org/country/cote-divoire/) | €0.17bn more · 0.23% of GDP more · €5 per person more | – | – | −€0.17bn · −0.23% of GDP |
| 31 | [Australia](https://warbalance.org/country/australia/) | €0.16bn more · 0.01% of GDP more · €6 per person more | +€0.20bn · +0.01% of GDP | €4m · <0.01% of GDP | +€42m · <0.01% of GDP |
| 32 | [Sri Lanka](https://warbalance.org/country/sri-lanka/) | €0.16bn more · 0.20% of GDP more · €7 per person more | −€1m · <0.01% of GDP | – | −€0.16bn · −0.20% of GDP |
| 33 | [North Macedonia](https://warbalance.org/country/north-macedonia/) | €0.13bn more · 0.91% of GDP more · €72 per person more | +€29m · +0.20% of GDP | – | −€0.10bn · −0.70% of GDP |
| 34 | [Burkina Faso](https://warbalance.org/country/burkina-faso/) | €0.13bn more · 0.65% of GDP more · €5 per person more | – | – | −€0.13bn · −0.65% of GDP |
| 35 | [Senegal](https://warbalance.org/country/senegal/) | €0.12bn more · 0.44% of GDP more · €7 per person more | −€1m · <0.01% of GDP | – | −€0.13bn · −0.45% of GDP |
| 36 | [Kenya](https://warbalance.org/country/kenya/) | €0.11bn more · 0.11% of GDP more · €2 per person more | – | – | −€0.11bn · −0.11% of GDP |
| 37 | [Albania](https://warbalance.org/country/albania/) | €99m more · 0.46% of GDP more · €42 per person more | +€10m · +0.05% of GDP | – | −€89m · −0.41% of GDP |
| 38 | [Jordan](https://warbalance.org/country/jordan/) | €92m more · 0.18% of GDP more · €8 per person more | – | – | −€92m · −0.18% of GDP |
| 39 | [Algeria](https://warbalance.org/country/algeria/) | €90m more · 0.04% of GDP more · €2 per person more | −€3m · <0.01% of GDP | – | −€93m · −0.04% of GDP |
| 40 | [Kyrgyzstan](https://warbalance.org/country/kyrgyzstan/) | €81m more · 0.57% of GDP more · €11 per person more | – | – | −€81m · −0.57% of GDP |
| 41 | [Afghanistan](https://warbalance.org/country/afghanistan/) | €69m more · 0.45% of GDP more · €2 per person more | – | – | −€69m · −0.45% of GDP |
| 42 | [Pakistan](https://warbalance.org/country/pakistan/) | €57m more · 0.02% of GDP more · <€1 per person | −€7m · <0.01% of GDP | – | −€64m · −0.02% of GDP |
| 43 | [Mozambique](https://warbalance.org/country/mozambique/) | €56m more · 0.29% of GDP more · €2 per person more | – | – | −€56m · −0.29% of GDP |
| 44 | [Zimbabwe](https://warbalance.org/country/zimbabwe/) | €40m more · 0.11% of GDP more · €2 per person more | – | – | −€39m · −0.11% of GDP |
| 45 | [Central African Republic](https://warbalance.org/country/central-african-republic/) small economy | €38m more · 1.6% of GDP more · €7 per person more | – | – | −€38m · −1.6% of GDP |
| 46 | [Mauritius](https://warbalance.org/country/mauritius/) | €37m more · 0.29% of GDP more · €30 per person more | – | – | −€37m · −0.28% of GDP |
| 47 | [Jamaica](https://warbalance.org/country/jamaica/) | €37m more · 0.19% of GDP more · €13 per person more | – | – | −€37m · −0.19% of GDP |
| 48 | [Namibia](https://warbalance.org/country/namibia/) | €35m more · 0.29% of GDP more · €11 per person more | – | – | −€35m · −0.29% of GDP |
| 49 | [Vietnam](https://warbalance.org/country/vietnam/) | €34m more · <0.01% of GDP · <€1 per person | +€2m · <0.01% of GDP | – | −€32m · <0.01% of GDP |
| 50 | [DR Congo](https://warbalance.org/country/dr-congo/) | €29m more · 0.04% of GDP more · <€1 per person | – | – | −€29m · −0.04% of GDP |
| 51 | [Bhutan](https://warbalance.org/country/bhutan/) small economy | €17m more · 0.60% of GDP more · €22 per person more | – | – | −€17m · −0.60% of GDP |
| 52 | [New Zealand](https://warbalance.org/country/new-zealand/) | €17m more · <0.01% of GDP · €3 per person more | +€23m · <0.01% of GDP | – | +€7m · <0.01% of GDP |
| 53 | [Djibouti](https://warbalance.org/country/djibouti/) small economy | €15m more · 0.42% of GDP more · €13 per person more | – | – | −€16m · −0.43% of GDP |
| 54 | [Myanmar](https://warbalance.org/country/myanmar/) | €14m more · 0.02% of GDP more · <€1 per person | – | – | −€15m · −0.02% of GDP |
| 55 | [Uganda](https://warbalance.org/country/uganda/) | €13m more · 0.03% of GDP more · <€1 per person | – | – | −€13m · −0.03% of GDP |
| 56 | [Uruguay](https://warbalance.org/country/uruguay/) | €12m more · 0.02% of GDP more · €4 per person more | – | – | −€12m · −0.02% of GDP |
| 57 | [Bahrain](https://warbalance.org/country/bahrain/) | €12m more · 0.03% of GDP more · €8 per person more | – | – | −€12m · −0.03% of GDP |
| 58 | [Philippines](https://warbalance.org/country/philippines/) | €12m more · <0.01% of GDP · <€1 per person | −€1m · <0.01% of GDP | – | −€12m · <0.01% of GDP |
| 59 | [Cambodia](https://warbalance.org/country/cambodia/) | €11m more · 0.03% of GDP more · €1 per person more | – | – | −€11m · −0.03% of GDP |
| 60 | [Bangladesh](https://warbalance.org/country/bangladesh/) | €10m more · <0.01% of GDP · <€1 per person | +€2m · <0.01% of GDP | – | −€9m · <0.01% of GDP |

Each row: that year's amount, a best estimate. The ranges and chances are for the totals since 2022, on each country's page.

## Party to the war (with Russia), not ranked

- [Belarus](https://warbalance.org/country/belarus/): Russia kept from trade, vs no war €0.35bn more
- [North Korea](https://warbalance.org/country/north-korea/): Russia kept from trade, vs no war €0.82bn more

## Related

- [Trade with Russia in 2022](https://warbalance.org/trade-with-russia-2022/)
- [Aid to Ukraine in 2023](https://warbalance.org/ukraine-aid-2023/)
- [Trade with Russia in 2024](https://warbalance.org/trade-with-russia-2024/)
- [Trade with Russia in 2025](https://warbalance.org/trade-with-russia-2025/)
- [Trade with Russia in 2026](https://warbalance.org/trade-with-russia-2026/)

[Ranking](https://warbalance.org/ranking/) · [Support for Ukraine by country](https://warbalance.org/support-for-ukraine/) · [Trade with Russia by country](https://warbalance.org/trade-with-russia/) · [All topics](https://warbalance.org/topics/) · [How it works](https://warbalance.org/how-it-works/)

[Українська](https://warbalance.org/uk/trade-with-russia-2023/)[Deutsch](https://warbalance.org/de/trade-with-russia-2023/)[Français](https://warbalance.org/fr/trade-with-russia-2023/)[Polski](https://warbalance.org/pl/trade-with-russia-2023/)[Nederlands](https://warbalance.org/nl/trade-with-russia-2023/)[Español](https://warbalance.org/es/trade-with-russia-2023/)

Cite as: War Balance, figures to August 2026, https://warbalance.org/trade-with-russia-2023/