# Trade with Russia in 2025: 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 2025 than in a world without the war. The table starts with China, India and Türkiye.

The figures for 2026 cover January to August, yet they can reach those of 2025: the world without the war is valued at each year's prices, and 2026 prices include the spike after the Strait of Hormuz closed, while Russia's own oil and gas revenue fell against the same months of 2025. [How prices are set →](https://warbalance.org/method/prices/#m-prices-why-januaryaugust-2026-can-look-larger-than-all-of-2025)

[Open in the map →](https://warbalance.org/#view=rank&lens=payments&y=2025)

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 2025. 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/) | €22.5bn more · 0.13% of GDP more · €16 per person more | −€0.18bn · <0.01% of GDP | – | −€22.6bn · −0.13% of GDP |
| 2 | [India](https://warbalance.org/country/india/) | €12.4bn more · 0.38% of GDP more · €9 per person more | −€58m · <0.01% of GDP | – | −€12.4bn · −0.38% of GDP |
| 3 | [Türkiye](https://warbalance.org/country/turkiye/) | €4.3bn more · 0.40% of GDP more · €50 per person more | +€8m · <0.01% of GDP | – | −€4.3bn · −0.40% of GDP |
| 4 | [Brazil](https://warbalance.org/country/brazil/) | €1.7bn more · 0.09% of GDP more · €8 per person more | +€2m · <0.01% of GDP | – | −€1.7bn · −0.09% of GDP |
| 5 | [Hungary](https://warbalance.org/country/hungary/) | €1.6bn more · 0.85% of GDP more · €170 per person more | +€0.11bn · +0.06% of GDP | €41m · 0.02% of GDP | −€1.5bn · −0.78% of GDP |
| 6 | [Hong Kong](https://warbalance.org/country/hong-kong/) | €1.6bn more · 0.43% of GDP more · €206 per person more | −€3m · <0.01% of GDP | – | −€1.6bn · −0.44% of GDP |
| 7 | [Saudi Arabia](https://warbalance.org/country/saudi-arabia/) | €0.93bn more · 0.08% of GDP more · €26 per person more | +€8m · <0.01% of GDP | – | −€0.92bn · −0.08% of GDP |
| 8 | [Uzbekistan](https://warbalance.org/country/uzbekistan/) | €0.81bn more · 0.80% of GDP more · €22 per person more | −€1m · <0.01% of GDP | – | −€0.81bn · −0.80% of GDP |
| 9 | [United Arab Emirates](https://warbalance.org/country/united-arab-emirates/) | €0.67bn more · 0.14% of GDP more · €61 per person more | +€8m · <0.01% of GDP | – | −€0.67bn · −0.14% of GDP |
| 10 | [Indonesia](https://warbalance.org/country/indonesia/) | €0.61bn more · 0.05% of GDP more · €2 per person more | −€9m · <0.01% of GDP | – | −€0.62bn · −0.05% of GDP |
| 11 | [Libya](https://warbalance.org/country/libya/) | €0.52bn more · 1.2% of GDP more · €70 per person more | −€1m · <0.01% of GDP | – | −€0.52bn · −1.2% of GDP |
| 12 | [Tunisia](https://warbalance.org/country/tunisia/) | €0.48bn more · 1.1% of GDP more · €39 per person more | +€7m · +0.02% of GDP | – | −€0.48bn · −1.1% of GDP |
| 13 | [Singapore](https://warbalance.org/country/singapore/) | €0.43bn more · 0.09% of GDP more · €72 per person more | +€7m · <0.01% of GDP | €10m · <0.01% of GDP | −€0.42bn · −0.08% of GDP |
| 14 | [Switzerland](https://warbalance.org/country/switzerland/) | €0.41bn more · 0.05% of GDP more · €46 per person more | +€1.7bn · +0.20% of GDP | €0.44bn · 0.05% of GDP | +€1.8bn · +0.21% of GDP |
| 15 | [Azerbaijan](https://warbalance.org/country/azerbaijan/) | €0.41bn more · 0.58% of GDP more · €40 per person more | −€1m · <0.01% of GDP | – | −€0.41bn · −0.58% of GDP |
| 16 | [Kyrgyzstan](https://warbalance.org/country/kyrgyzstan/) | €0.39bn more · 2.8% of GDP more · €54 per person more | −€1m · <0.01% of GDP | – | −€0.39bn · −2.8% of GDP |
| 17 | [Australia](https://warbalance.org/country/australia/) | €0.36bn more · 0.02% of GDP more · €13 per person more | +€97m · <0.01% of GDP | €4m · <0.01% of GDP | −€0.26bn · −0.02% of GDP |
| 18 | [Egypt](https://warbalance.org/country/egypt/) | €0.34bn more · 0.09% of GDP more · €3 per person more | +€38m · <0.01% of GDP | – | −€0.31bn · −0.08% of GDP |
| 19 | [Thailand](https://warbalance.org/country/thailand/) | €0.32bn more · 0.07% of GDP more · €4 per person more | −€1m · <0.01% of GDP | – | −€0.32bn · −0.07% of GDP |
| 20 | [Iran](https://warbalance.org/country/iran/) | €0.28bn more · 0.07% of GDP more · €3 per person more | −€3m · <0.01% of GDP | – | −€0.28bn · −0.07% of GDP |
| 21 | [Oman](https://warbalance.org/country/oman/) | €0.25bn more · 0.25% of GDP more · €47 per person more | −€4m · <0.01% of GDP | – | −€0.25bn · −0.25% of GDP |
| 22 | [Malaysia](https://warbalance.org/country/malaysia/) | €0.23bn more · 0.06% of GDP more · €6 per person more | −€2m · <0.01% of GDP | – | −€0.23bn · −0.06% of GDP |
| 23 | [Venezuela](https://warbalance.org/country/venezuela/) | €0.20bn more · 0.21% of GDP more · €7 per person more | – | – | −€0.20bn · −0.21% of GDP |
| 24 | [Georgia](https://warbalance.org/country/georgia/) | €0.20bn more · 0.72% of GDP more · €53 per person more | −€4m · −0.02% of GDP | – | −€0.21bn · −0.74% of GDP |
| 25 | [Nepal](https://warbalance.org/country/nepal/) | €0.17bn more · 0.43% of GDP more · €6 per person more | −€8m · −0.02% of GDP | – | −€0.18bn · −0.45% of GDP |
| 26 | [South Africa](https://warbalance.org/country/south-africa/) | €0.16bn more · 0.04% of GDP more · €2 per person more | −€5m · <0.01% of GDP | – | −€0.16bn · −0.04% of GDP |
| 27 | [Syria](https://warbalance.org/country/syria/) | €0.12bn more · 0.63% of GDP more · €5 per person more | +€2m · +0.01% of GDP | – | −€0.12bn · −0.61% of GDP |
| 28 | [Burkina Faso](https://warbalance.org/country/burkina-faso/) | €0.12bn more · 0.60% of GDP more · €5 per person more | – | – | −€0.12bn · −0.60% of GDP |
| 29 | [Senegal](https://warbalance.org/country/senegal/) | €0.10bn more · 0.37% of GDP more · €6 per person more | – | – | −€0.10bn · −0.37% of GDP |
| 30 | [Angola](https://warbalance.org/country/angola/) | €0.10bn more · 0.10% of GDP more · €3 per person more | −€1m · <0.01% of GDP | – | −€0.10bn · −0.10% of GDP |
| 31 | [Côte d'Ivoire](https://warbalance.org/country/cote-divoire/) | €98m more · 0.13% of GDP more · €3 per person more | −€1m · <0.01% of GDP | – | −€99m · −0.13% of GDP |
| 32 | [Tanzania](https://warbalance.org/country/tanzania/) | €96m more · 0.13% of GDP more · €1 per person more | −€2m · <0.01% of GDP | – | −€98m · −0.13% of GDP |
| 33 | [Yemen](https://warbalance.org/country/yemen/) | €94m more · 1.1% of GDP more · €2 per person more | +€4m · +0.04% of GDP | – | −€90m · −1.0% of GDP |
| 34 | [Mongolia](https://warbalance.org/country/mongolia/) | €78m more · 0.41% of GDP more · €22 per person more | −€1m · <0.01% of GDP | – | −€79m · −0.42% of GDP |
| 35 | [Sri Lanka](https://warbalance.org/country/sri-lanka/) | €62m more · 0.08% of GDP more · €3 per person more | −€2m · <0.01% of GDP | – | −€64m · −0.08% of GDP |
| 36 | [Afghanistan](https://warbalance.org/country/afghanistan/) | €55m more · 0.36% of GDP more · €1 per person more | – | – | −€55m · −0.36% of GDP |
| 37 | [Ghana](https://warbalance.org/country/ghana/) | €50m more · 0.07% of GDP more · €1 per person more | −€4m · <0.01% of GDP | – | −€54m · −0.07% of GDP |
| 38 | [Morocco](https://warbalance.org/country/morocco/) | €42m more · 0.03% of GDP more · €1 per person more | −€13m · <0.01% of GDP | – | −€54m · −0.04% of GDP |
| 39 | [Qatar](https://warbalance.org/country/qatar/) | €41m more · 0.02% of GDP more · €14 per person more | +€17m · <0.01% of GDP | – | −€23m · −0.01% of GDP |
| 40 | [North Macedonia](https://warbalance.org/country/north-macedonia/) | €34m more · 0.24% of GDP more · €19 per person more | +€2m · +0.01% of GDP | – | −€32m · −0.22% of GDP |
| 41 | [Namibia](https://warbalance.org/country/namibia/) | €31m more · 0.26% of GDP more · €10 per person more | – | – | −€31m · −0.26% of GDP |
| 42 | [Iraq](https://warbalance.org/country/iraq/) | €28m more · 0.01% of GDP more · €1 per person more | −€8m · <0.01% of GDP | – | −€37m · −0.01% of GDP |
| 43 | [Brunei](https://warbalance.org/country/brunei/) | €20m more · 0.14% of GDP more · €44 per person more | – | – | −€20m · −0.14% of GDP |
| 44 | [Benin](https://warbalance.org/country/benin/) | €20m more · 0.11% of GDP more · €1 per person more | – | – | −€20m · −0.11% of GDP |
| 45 | [Central African Republic](https://warbalance.org/country/central-african-republic/) small economy | €19m more · 0.81% of GDP more · €4 per person more | – | – | −€19m · −0.81% of GDP |
| 46 | [Jordan](https://warbalance.org/country/jordan/) | €18m more · 0.03% of GDP more · €2 per person more | −€2m · <0.01% of GDP | – | −€20m · −0.04% of GDP |
| 47 | [Kenya](https://warbalance.org/country/kenya/) | €17m more · 0.02% of GDP more · <€1 per person | −€3m · <0.01% of GDP | – | −€20m · −0.02% of GDP |
| 48 | [Bhutan](https://warbalance.org/country/bhutan/) small economy | €17m more · 0.58% of GDP more · €21 per person more | – | – | −€17m · −0.58% of GDP |
| 49 | [New Zealand](https://warbalance.org/country/new-zealand/) | €14m more · <0.01% of GDP · €3 per person more | +€9m · <0.01% of GDP | – | −€5m · <0.01% of GDP |
| 50 | [Jamaica](https://warbalance.org/country/jamaica/) | €12m more · 0.06% of GDP more · €4 per person more | – | – | −€12m · −0.06% of GDP |
| 51 | [Mozambique](https://warbalance.org/country/mozambique/) | €12m more · 0.06% of GDP more · <€1 per person | – | – | −€12m · −0.06% of GDP |
| 52 | [Togo](https://warbalance.org/country/togo/) | €11m more · 0.12% of GDP more · €1 per person more | −€1m · <0.01% of GDP | – | −€12m · −0.13% of GDP |
| 53 | [Gambia](https://warbalance.org/country/gambia/) small economy | €11m more · 0.49% of GDP more · €4 per person more | – | – | −€11m · −0.49% of GDP |
| 54 | [Congo](https://warbalance.org/country/congo/) | €10m more · 0.07% of GDP more · €2 per person more | – | – | −€10m · −0.07% of GDP |
| 55 | [Tajikistan](https://warbalance.org/country/tajikistan/) | €10m more · 0.08% of GDP more · €1 per person more | – | – | −€10m · −0.08% of GDP |
| 56 | [Djibouti](https://warbalance.org/country/djibouti/) small economy | €8m more · 0.23% of GDP more · €7 per person more | +€1m · +0.03% of GDP | – | −€7m · −0.21% of GDP |
| 57 | [Uganda](https://warbalance.org/country/uganda/) | €7m more · 0.02% of GDP more · <€1 per person | −€1m · <0.01% of GDP | – | −€8m · −0.02% of GDP |
| 58 | [DR Congo](https://warbalance.org/country/dr-congo/) | €6m more · <0.01% of GDP · <€1 per person | – | – | −€6m · <0.01% of GDP |
| 59 | [Macao](https://warbalance.org/country/macao/) | €5m more · 0.01% of GDP more · €8 per person more | – | – | −€5m · −0.01% of GDP |
| 60 | [Mauritius](https://warbalance.org/country/mauritius/) | €5m more · 0.04% of GDP more · €4 per person more | – | – | −€5m · −0.04% 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 €0.33bn 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/)
- [Trade with Russia in 2024](https://warbalance.org/trade-with-russia-2024/)
- [Aid to Ukraine in 2025](https://warbalance.org/ukraine-aid-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-2025/)[Deutsch](https://warbalance.org/de/trade-with-russia-2025/)[Français](https://warbalance.org/fr/trade-with-russia-2025/)[Polski](https://warbalance.org/pl/trade-with-russia-2025/)[Nederlands](https://warbalance.org/nl/trade-with-russia-2025/)[Español](https://warbalance.org/es/trade-with-russia-2025/)

Cite as: War Balance, figures to August 2026, https://warbalance.org/trade-with-russia-2025/