MOSCOW, May 12 (Xinhua) -- Russia's foreign trade surplus fell 11.92 percent year on year to 30.3 billion U.S. dollars in the first quarter of 2026, Russia's Federal Customs Service said Tuesday.

This photo taken on April 24, 2025 shows the Kremlin in Moscow, Russia. (Photo: Xinhua)

Russia's exports stood at 97.2 billion dollars during the January-March period, down 0.1 billion dollars from a year earlier, while imports rose by 4 billion dollars to 66.9 billion dollars. Total foreign trade turnover increased 2.43 percent year on year to 164.1 billion dollars.

Mineral products accounted for the largest share of Russia's exports during the reporting period, totaling 50.6 billion dollars, down 12.46 percent year on year.

Machinery, equipment and transport vehicles remained the largest category of imports, rising 6.6 percent to 30.7 billion dollars.