Australia / Russia

Australia-Russia Trade: In 2022, Australia exported $150M to Russia. The main products that Australia exported to Russia were Aluminium Oxide ($117M), Cranes ($6.31M), and Lifting Machinery ($5.59M). Over the past 5 years the exports of Australia to Russia have decreased at an annualized rate of 20.8%, from $483M in 2017 to $150M in 2022.

In 2009, Australia exported services to Russia worth $82.3M, with Travel ($68.1M), Other business services ($7.13M), and Government services, n.i.e. ($3.17M) being the largest in terms of value.

Russia-Australia Trade: In 2022, Russia exported $497M to Australia. The main products that Russia exported to Australia were Crude Petroleum ($213M), Mixed Mineral or Chemical Fertilizers ($98.6M), and Nitrogenous Fertilizers ($63.3M). Over the past 5 years the exports of Russia to Australia have increased at an annualized rate of 7.26%,  from $350M in 2017 to $497M in 2022.

In 2020, Russia exported services to Australia worth $48.1M, with Computer and information services ($17.7M), Other business services ($9.76M), and Transportation ($9.39M) being the largest in terms of value.

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).