Overview In January 2022, Russia exported $5.8B and imported $7.2B from China, resulting in a negative trade balance of $1.4B. Between January 2021 and January 2022 the exports of Russia have increased by $1.39B (31.6%) from $4.41B to $5.8B, while imports increased by $2.83B (64.6%) from $4.38B to $7.2B.
Trade In January 2022, the top exports of Russia to China were Crude Petroleum ($2.17B), Refined Petroleum ($417M), Soybeans ($314M), Refined Copper ($174M), and Sawn Wood ($129M). In January 2022 the top imports of Russia from China were Telephones ($587M), Computers ($305M), Motor vehicles; parts and accessories (8701... ($118M), Electric Heaters ($83.8M), and Other toys ($66.7M).
Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($2.66B), KHANTY-MANSIYSK AUTONOMOUS AREA ($469M), IRKUTSK REGION ($373M), LENINGRAD REGION ($337M), and SAKHALIN REGION ($312M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($3.35B), MOSCOW REGION ($896M), ST. PETERSBURG ($576M), PRIMORYE TERRITORY ($383M), and YAMAL-NENETS AUTONOMOUS AREA ($201M).
Growth In January 2022, the increase in Russia's year-by-year exports to China was explained primarily by an increase in product exports in Soybeans ($295M or 1.57k%), Raw Aluminium ($91.5M or 3.48k%), and Commodities not elsewhere specified ($88.9M or 392%). In January 2022, the increase in Russia's year-by-year imports from China was explained primarily by an increase in product imports in Motor vehicles; parts and accessories (8701... ($27.7M or 30.6%), Air Pumps ($23.2M or 80.1%), and Refrigerators ($18.7M or 149%).