# Trade with Russia in 2024: 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 2024 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=2024)

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 2024. 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/) | €34.7bn more · 0.20% of GDP more · €25 per person more | −€59m · <0.01% of GDP | – | −€34.8bn · −0.20% of GDP |
| 2 | [India](https://warbalance.org/country/india/) | €19.5bn more · 0.60% of GDP more · €13 per person more | −€10m · <0.01% of GDP | – | −€19.5bn · −0.60% of GDP |
| 3 | [Türkiye](https://warbalance.org/country/turkiye/) | €6.2bn more · 0.59% of GDP more · €73 per person more | +€1m · <0.01% of GDP | – | −€6.2bn · −0.59% of GDP |
| 4 | [Brazil](https://warbalance.org/country/brazil/) | €3.1bn more · 0.16% of GDP more · €15 per person more | +€11m · <0.01% of GDP | – | −€3.1bn · −0.16% of GDP |
| 5 | [Uzbekistan](https://warbalance.org/country/uzbekistan/) | €1.5bn more · 1.5% of GDP more · €42 per person more | −€3m · <0.01% of GDP | – | −€1.5bn · −1.5% of GDP |
| 6 | [Singapore](https://warbalance.org/country/singapore/) | €1.5bn more · 0.30% of GDP more · €243 per person more | +€11m · <0.01% of GDP | €13m · <0.01% of GDP | −€1.4bn · −0.29% of GDP |
| 7 | [Hong Kong](https://warbalance.org/country/hong-kong/) | €1.3bn more · 0.37% of GDP more · €173 per person more | −€2m · <0.01% of GDP | – | −€1.3bn · −0.37% of GDP |
| 8 | [Libya](https://warbalance.org/country/libya/) | €1.2bn more · 2.9% of GDP more · €164 per person more | −€2m · <0.01% of GDP | – | −€1.2bn · −2.9% of GDP |
| 9 | [United Arab Emirates](https://warbalance.org/country/united-arab-emirates/) | €1.2bn more · 0.24% of GDP more · €108 per person more | +€27m · <0.01% of GDP | – | −€1.2bn · −0.23% of GDP |
| 10 | [Saudi Arabia](https://warbalance.org/country/saudi-arabia/) | €1bn more · 0.09% of GDP more · €29 per person more | +€46m · <0.01% of GDP | – | −€0.96bn · −0.08% of GDP |
| 11 | [Hungary](https://warbalance.org/country/hungary/) | €0.76bn more · 0.40% of GDP more · €80 per person more | +€0.15bn · +0.08% of GDP | €54m · 0.03% of GDP | −€0.56bn · −0.29% of GDP |
| 12 | [Azerbaijan](https://warbalance.org/country/azerbaijan/) | €0.67bn more · 0.95% of GDP more · €65 per person more | +€8m · +0.01% of GDP | – | −€0.66bn · −0.94% of GDP |
| 13 | [Iran](https://warbalance.org/country/iran/) | €0.66bn more · 0.16% of GDP more · €7 per person more | +€1m · <0.01% of GDP | – | −€0.65bn · −0.16% of GDP |
| 14 | [Malaysia](https://warbalance.org/country/malaysia/) | €0.60bn more · 0.16% of GDP more · €17 per person more | +€4m · <0.01% of GDP | – | −€0.60bn · −0.16% of GDP |
| 15 | [Indonesia](https://warbalance.org/country/indonesia/) | €0.54bn more · 0.04% of GDP more · €2 per person more | +€4m · <0.01% of GDP | – | −€0.53bn · −0.04% of GDP |
| 16 | [Australia](https://warbalance.org/country/australia/) | €0.52bn more · 0.03% of GDP more · €19 per person more | +€0.38bn · +0.02% of GDP | €4m · <0.01% of GDP | −€0.13bn · <0.01% of GDP |
| 17 | [Kyrgyzstan](https://warbalance.org/country/kyrgyzstan/) | €0.47bn more · 3.3% of GDP more · €65 per person more | – | – | −€0.47bn · −3.3% of GDP |
| 18 | [South Africa](https://warbalance.org/country/south-africa/) | €0.41bn more · 0.11% of GDP more · €6 per person more | −€1m · <0.01% of GDP | – | −€0.41bn · −0.11% of GDP |
| 19 | [Austria](https://warbalance.org/country/austria/) | €0.38bn more · 0.08% of GDP more · €41 per person more | +€0.85bn · +0.18% of GDP | €0.23bn · 0.05% of GDP | +€0.70bn · +0.15% of GDP |
| 20 | [Kazakhstan](https://warbalance.org/country/kazakhstan/) | €0.37bn more · 0.15% of GDP more · €18 per person more | +€4m · <0.01% of GDP | – | −€0.36bn · −0.15% of GDP |
| 21 | [Tunisia](https://warbalance.org/country/tunisia/) | €0.34bn more · 0.75% of GDP more · €27 per person more | +€2m · <0.01% of GDP | – | −€0.33bn · −0.74% of GDP |
| 22 | [Egypt](https://warbalance.org/country/egypt/) | €0.33bn more · 0.08% of GDP more · €3 per person more | +€30m · <0.01% of GDP | – | −€0.30bn · −0.08% of GDP |
| 23 | [Burkina Faso](https://warbalance.org/country/burkina-faso/) | €0.26bn more · 1.4% of GDP more · €11 per person more | – | – | −€0.26bn · −1.4% of GDP |
| 24 | [Georgia](https://warbalance.org/country/georgia/) | €0.24bn more · 0.88% of GDP more · €64 per person more | −€3m · −0.01% of GDP | – | −€0.25bn · −0.89% of GDP |
| 25 | [Nepal](https://warbalance.org/country/nepal/) | €0.24bn more · 0.61% of GDP more · €8 per person more | −€5m · −0.01% of GDP | – | −€0.24bn · −0.62% of GDP |
| 26 | [Oman](https://warbalance.org/country/oman/) | €0.24bn more · 0.23% of GDP more · €45 per person more | −€3m · <0.01% of GDP | – | −€0.24bn · −0.24% of GDP |
| 27 | [Mongolia](https://warbalance.org/country/mongolia/) | €0.20bn more · 1.0% of GDP more · €56 per person more | – | – | −€0.20bn · −1.0% of GDP |
| 28 | [Senegal](https://warbalance.org/country/senegal/) | €0.18bn more · 0.62% of GDP more · €9 per person more | −€1m · <0.01% of GDP | – | −€0.18bn · −0.62% of GDP |
| 29 | [Taiwan](https://warbalance.org/country/taiwan/) | €0.17bn more · 0.02% of GDP more · €7 per person more | +€22m · <0.01% of GDP | – | −€0.15bn · −0.02% of GDP |
| 30 | [Yemen](https://warbalance.org/country/yemen/) | €0.17bn more · 1.9% of GDP more · €4 per person more | −€6m · −0.06% of GDP | – | −€0.18bn · −2.0% of GDP |
| 31 | [Switzerland](https://warbalance.org/country/switzerland/) | €0.16bn more · 0.02% of GDP more · €18 per person more | +€1.7bn · +0.20% of GDP | €0.57bn · 0.07% of GDP | +€2.1bn · +0.24% of GDP |
| 32 | [Tanzania](https://warbalance.org/country/tanzania/) | €0.16bn more · 0.22% of GDP more · €2 per person more | −€1m · <0.01% of GDP | – | −€0.16bn · −0.23% of GDP |
| 33 | [Côte d'Ivoire](https://warbalance.org/country/cote-divoire/) | €0.15bn more · 0.20% of GDP more · €5 per person more | −€1m · <0.01% of GDP | – | −€0.15bn · −0.20% of GDP |
| 34 | [Sri Lanka](https://warbalance.org/country/sri-lanka/) | €0.14bn more · 0.18% of GDP more · €6 per person more | −€2m · <0.01% of GDP | – | −€0.14bn · −0.18% of GDP |
| 35 | [Ghana](https://warbalance.org/country/ghana/) | €0.13bn more · 0.17% of GDP more · €4 per person more | −€3m · <0.01% of GDP | – | −€0.13bn · −0.18% of GDP |
| 36 | [Bangladesh](https://warbalance.org/country/bangladesh/) | €62m more · 0.01% of GDP more · <€1 per person | +€1m · <0.01% of GDP | – | −€61m · −0.01% of GDP |
| 37 | [Thailand](https://warbalance.org/country/thailand/) | €60m more · 0.01% of GDP more · €1 per person more | +€11m · <0.01% of GDP | – | −€49m · −0.01% of GDP |
| 38 | [North Macedonia](https://warbalance.org/country/north-macedonia/) | €53m more · 0.37% of GDP more · €29 per person more | +€2m · +0.02% of GDP | – | −€51m · −0.35% of GDP |
| 39 | [Afghanistan](https://warbalance.org/country/afghanistan/) | €53m more · 0.34% of GDP more · €1 per person more | – | – | −€53m · −0.35% of GDP |
| 40 | [Iraq](https://warbalance.org/country/iraq/) | €42m more · 0.02% of GDP more · €1 per person more | −€13m · <0.01% of GDP | – | −€55m · −0.02% of GDP |
| 41 | [Benin](https://warbalance.org/country/benin/) | €41m more · 0.23% of GDP more · €3 per person more | – | – | −€41m · −0.23% of GDP |
| 42 | [Kenya](https://warbalance.org/country/kenya/) | €37m more · 0.03% of GDP more · €1 per person more | −€2m · <0.01% of GDP | – | −€39m · −0.04% of GDP |
| 43 | [Mozambique](https://warbalance.org/country/mozambique/) | €34m more · 0.18% of GDP more · €1 per person more | – | – | −€34m · −0.18% of GDP |
| 44 | [Mauritius](https://warbalance.org/country/mauritius/) | €33m more · 0.25% of GDP more · €27 per person more | – | – | −€33m · −0.25% of GDP |
| 45 | [Jamaica](https://warbalance.org/country/jamaica/) | €30m more · 0.15% of GDP more · €10 per person more | – | – | −€30m · −0.15% of GDP |
| 46 | [Jordan](https://warbalance.org/country/jordan/) | €27m more · 0.05% of GDP more · €2 per person more | +€1m · <0.01% of GDP | – | −€25m · −0.05% of GDP |
| 47 | [Central African Republic](https://warbalance.org/country/central-african-republic/) small economy | €26m more · 1.1% of GDP more · €5 per person more | – | – | −€26m · −1.1% of GDP |
| 48 | [Togo](https://warbalance.org/country/togo/) | €26m more · 0.29% of GDP more · €3 per person more | – | – | −€26m · −0.29% of GDP |
| 49 | [Qatar](https://warbalance.org/country/qatar/) | €20m more · <0.01% of GDP · €7 per person more | +€13m · <0.01% of GDP | – | −€8m · <0.01% of GDP |
| 50 | [Kuwait](https://warbalance.org/country/kuwait/) | €20m more · 0.01% of GDP more · €4 per person more | +€2m · <0.01% of GDP | – | −€18m · −0.01% of GDP |
| 51 | [Congo](https://warbalance.org/country/congo/) | €19m more · 0.13% of GDP more · €3 per person more | – | – | −€20m · −0.14% of GDP |
| 52 | [Myanmar](https://warbalance.org/country/myanmar/) | €19m more · 0.03% of GDP more · <€1 per person | −€1m · <0.01% of GDP | – | −€20m · −0.03% of GDP |
| 53 | [Bhutan](https://warbalance.org/country/bhutan/) small economy | €18m more · 0.63% of GDP more · €23 per person more | – | – | −€18m · −0.63% of GDP |
| 54 | [Philippines](https://warbalance.org/country/philippines/) | €18m more · <0.01% of GDP · <€1 per person | −€1m · <0.01% of GDP | – | −€18m · <0.01% of GDP |
| 55 | [Djibouti](https://warbalance.org/country/djibouti/) small economy | €17m more · 0.46% of GDP more · €14 per person more | −€2m · −0.05% of GDP | – | −€18m · −0.51% of GDP |
| 56 | [Uganda](https://warbalance.org/country/uganda/) | €16m more · 0.03% of GDP more · <€1 per person | −€1m · <0.01% of GDP | – | −€17m · −0.04% of GDP |
| 57 | [Gambia](https://warbalance.org/country/gambia/) small economy | €14m more · 0.63% of GDP more · €5 per person more | – | – | −€14m · −0.63% of GDP |
| 58 | [Vietnam](https://warbalance.org/country/vietnam/) | €13m more · <0.01% of GDP · <€1 per person | +€5m · <0.01% of GDP | – | −€8m · <0.01% of GDP |
| 59 | [Venezuela](https://warbalance.org/country/venezuela/) | €13m more · 0.01% of GDP more · <€1 per person | +€3m · <0.01% of GDP | – | −€10m · −0.01% of GDP |
| 60 | [Pakistan](https://warbalance.org/country/pakistan/) | €12m more · <0.01% of GDP · <€1 per person | −€6m · <0.01% of GDP | – | −€19m · <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 €0.78bn more
- [North Korea](https://warbalance.org/country/north-korea/): Russia kept from trade, vs no war €2.3bn more

## Related

- [Trade with Russia in 2022](https://warbalance.org/trade-with-russia-2022/)
- [Trade with Russia in 2023](https://warbalance.org/trade-with-russia-2023/)
- [Aid to Ukraine in 2024](https://warbalance.org/ukraine-aid-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-2024/)[Deutsch](https://warbalance.org/de/trade-with-russia-2024/)[Français](https://warbalance.org/fr/trade-with-russia-2024/)[Polski](https://warbalance.org/pl/trade-with-russia-2024/)[Nederlands](https://warbalance.org/nl/trade-with-russia-2024/)[Español](https://warbalance.org/es/trade-with-russia-2024/)

Cite as: War Balance, figures to August 2026, https://warbalance.org/trade-with-russia-2024/