Overview In July 2021 Russia exported $307M and imported $181M from Brazil, resulting in a positive trade balance of $126M. Between July 2020 and July 2021 the exports of Russia have increased by $162M (112%) from $145M to $307M, while imports decreased by $-8.03M (-4.25%) from $189M to $181M.
Trade In July 2021, the top exports of Russia to Brazil were Mixed Mineral or Chemical Fertilizers ($93M), Nitrogenous Fertilizers ($81.8M), Potassic Fertilizers ($46.9M), Coal Briquettes ($39.3M), and Hot-Rolled Iron ($18.5M). In July 2021 the top imports of Russia from Brazil were Soybeans ($36.3M), Poultry Meat ($17M), Ground Nuts ($16.5M), Coffee ($16.5M), and Raw Tobacco ($12.4M).
Origins In July 2021 the exports of Russia were mainly from PERM TERRITORY ($51.3M), NOVGOROD REGION ($39M), SARATOV REGION ($38.1M), KEMEROVO REGION ($37.6M), and VOLOGDA REGION ($28.6M), while imports destinations were mainly KALININGRAD REGION ($53.5M), ST. PETERSBURG ($31.1M), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($26M), LENINGRAD REGION ($16.7M), and MOSCOW REGION ($12.5M).
Growth In July 2021, the increase in Russia's year-by-year exports to Brazil was explained primarily by an increase in product exports in Mixed Mineral or Chemical Fertilizers ($84.1M or 940%), Coal Briquettes ($34.9M or 778%), and Nitrogenous Fertilizers ($26.9M or 48.9%). In July 2021, the decrease in Russia's year-by-year imports from Brazil was explained primarily by an decrease in product imports in Soybeans ($-25.7M or -41.5%), Aluminium Oxide ($-12.2M or -99.7%), and Frozen Bovine Meat ($-7.39M or -59.1%).