Russia / Belarus

Overview In January 2022, Russia exported $1.43B and imported $885M from Belarus, resulting in a positive trade balance of $540M. Between January 2021 and January 2022 the exports of Russia have increased by $19.9M (1.41%) from $1.41B to $1.43B, while imports decreased by $-45.8M (-4.92%) from $931M to $885M.

Trade In January 2022, the top exports of Russia to Belarus were Crude Petroleum ($486M), Commodities not elsewhere specified ($252M), Scrap Iron ($35.4M), Cars ($22.4M), and Hot-Rolled Iron ($15.2M). In January 2022 the top imports of Russia from Belarus were Cheese ($80.5M), Delivery Trucks ($39.3M), Butter ($25.1M), Tractors ($21.6M), and Concentrated Milk ($17.9M).

Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($650M), MOSCOW REGION ($123M), ST. PETERSBURG ($123M), KALININGRAD REGION ($44.4M), and REPUBLIC OF TATARSTAN ($38.6M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($271M), MOSCOW REGION ($132M), SMOLENSK REGION ($107M), ST. PETERSBURG ($73.5M), and KALININGRAD REGION ($43.6M).

Growth In January 2022, the increase in Russia's year-by-year exports to Belarus was explained primarily by an increase in product exports in Crude Petroleum ($302M or 165%), Commodities not elsewhere specified ($36.9M or 17.2%), and Iron Reductions ($5.88M or 87.5%). In January 2022, the decrease in Russia's year-by-year imports  from Belarus was explained primarily by an decrease in product imports  in Poultry Meat ($-9.33M or -57.2%), Cheese ($-8.79M or -9.84%), and Railway Freight Cars ($-8.45M or -67.4%).