Overview In January 2022, Russia exported $132M and imported $86.4M from Azerbaijan, resulting in a positive trade balance of $45.6M. Between January 2021 and January 2022 the exports of Russia have decreased by $-17.5M (-11.7%) from $149M to $132M, while imports increased by $38.2M (79.4%) from $48.1M to $86.4M.
Trade In January 2022, the top exports of Russia to Azerbaijan were Wheat ($34.3M), Telephones ($10.4M), Seed Oils ($6.38M), Sawn Wood ($5.14M), and Hot-Rolled Iron ($4.08M). In January 2022 the top imports of Russia from Azerbaijan were Other Fruits ($15.7M), Propylene Polymers ($7.65M), Tomatoes ($5.86M), Other Nuts ($3.22M), and Petroleum Gas ($2.31M).
Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($26.5M), MOSCOW REGION ($14.9M), STAVROPOL TERRITORY ($11.8M), CHELYABINSK REGION ($8.33M), and SVERDLOVSK REGION ($5.24M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($58.5M), MOSCOW REGION ($13.6M), KRASNODAR TERRITORY ($3.77M), ROSTOV REGION ($1.68M), and REPUBLIC OF TATARSTAN ($1.41M).
Growth In January 2022, the decrease in Russia's year-by-year exports to Azerbaijan was explained primarily by an decrease in product exports in Coated Flat-Rolled Iron ($-3.13M or -72.6%), Hot-Rolled Iron ($-2.75M or -40.2%), and Raw Sugar ($-2.2M or -99.3%). In January 2022, the increase in Russia's year-by-year imports from Azerbaijan was explained primarily by an increase in product imports in Propylene Polymers ($6.7M or 706%), Other Fruits ($4.86M or 44.7%), and Petroleum Coke ($1.54M or 268%).