Russia (RUS) and Republic of the Congo (COG) Trade | The Observatory of Economic Complexity

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Russia (RUS) and Republic of the Congo (COG) Trade

2021

→

Exports $100MRnk 78 / 0

2021

→

Exports $139kRnk 69 / 0

2022

Economic Complexity (ECI) ECI 0.43Rnk 47 / 133

2022

Economic Complexity (ECI) ECI -1.42Rnk 124 / 133

2022

GDP$2.24TCURRENT US$
Rnk 8 / 186

2012-2022

GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186

2022

GDP$14.6BCURRENT US$
Rnk 132 / 186

2012-2022

GDP GROWTH-17.4%CURRENT US$
Rnk 178 / 186

2022

GDP PC $15,345CURRENT US$
Rnk 63 / 186

2012-2022

GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186

2022

GDP PC$2,448CURRENT US$
Rnk 138 / 186

2012-2022

GDP PC GROWTH-34.8%CURRENT US$
Rnk 180 / 186

Image 1

Image by Sam Greenhalgh
Link: https://flic.kr/p/9qSwNm

Image 2

Image by NASA Goddard Space Flight Center
Link: https://flic.kr/p/DLHocQ

Latest Trends
Historical Data
Potential Exports
Economic Complexity

About

Russia-Republic of the Congo Trade: In 2021, Russia exported $100M to Republic of the Congo. The main products that Russia exported to Republic of the Congo were N/A. Over the past 5 years the exports of Russia to Republic of the Congo have increased at an annualized rate of 62.1%, from $8.93M in 2016 to $100M in 2021.

In 2020, Russia exported services to Republic of the Congo worth $6.38M, with Transportation ($4.91M), Other business services ($1.08M), and Financial services ($354k) being the largest in terms of value.

Republic of the Congo-Russia Trade: In 2021, Republic of the Congo exported $139k to Russia. The main products that Republic of the Congo exported to Russia were N/A. Over the past 5 years the exports of Republic of the Congo to Russia have decreased at an annualized rate of 12.2%, from $267k in 2016 to $139k in 2021.

In 2021, Republic of the Congo did not export any services to Russia.

Comparison: In 2022, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $14.7M and imported $32.3k from Republic of the Congo, resulting in a positive trade balance of $14.7M. Between January 2021 and January 2022 the exports of Russia have increased by $10M (213%) from $4.7M to $14.7M, while imports increased by $32k (8.75k%) from $365 to $32.3k.

Trade In January 2022, the top exports of Russia to Republic of the Congo were Wheat ($4.35M), Refined Petroleum ($184k), Poultry Meat ($102k), Potassic Fertilizers ($56k), and Packing Bags ($3k). In January 2022 the top imports of Russia from Republic of the Congo were Enzymes ($365).

Origins In January 2022 the exports of Russia were mainly from TRANS-BAIKAL TERRITORY ($14.3M), LIPETSK REGION ($142k), LENINGRAD REGION ($91.4k), STAVROPOL TERRITORY ($87.5k), and PERM TERRITORY ($77.3k), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($31.5k) and ST. PETERSBURG ($846).

Growth In January 2022, the increase in Russia's year-by-year exports to Republic of the Congo was explained primarily by an increase in product exports in Wheat ($3.18M or 270%). In January 2022, the increase in Russia's year-by-year imports from Republic of the Congo was explained primarily by an increase in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (January 2021 - January 2022)$10M(213%)

IMPORT GROWTH (January 2021 - January 2022)$32k(8.75k%)

MAIN EXPORTER (January 2022)TRANS-BAIKAL TERRITORY$14.3M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Republic of the Congo and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Republic of the Congo and Russia Data

Go to Bulk Download

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Russia exported $100M to Republic of the Congo. There were not main exports from Russia to Republic of the Congo in 2021. During the last 5 years the exports of Russia to Republic of the Congo have increased at an annualized rate of 62.1%, from $8.93M in 2016 to $100M in 2021.

In 2016, Republic of the Congo exported $139k to Russia. There were not main exports from Republic of the Congo to Russia in 2016. During the last 5 years the exports of Republic of the Congo to Russia have decreased at an annualized rate of 12.2%, from $267k in 2021 to $139k in 2016.

Exports from Russia () to Republic of the Congo () (2021)

Exports from Republic of the Congo () to Russia () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Russia
Top DestinationChina$101B

Republic of the Congo
Top DestinationChina$4.82B

This map shows whether countries import more from Russia or Republic of the Congo. Each country is colored based on the difference in imports they receive from Russia and Republic of the Congo or the difference in the growth in imports.

In 2022, countries that imported more from Russia than Republic of the Congo included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Republic of the Congo than Russia included Central African Republic ($2.38M), Sao Tome and Principe ($328k), and Zambia ($34.3k).

Difference in imports from Republic of the Congo () and Russia () (2022)

Comparative Advantage Russia - Republic of the Congo

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Russia and Republic of the Congo by product, considering products traded by both, Russia and Republic of the Congo.

During 2021, Russia had a large net trade with Republic of the Congo in the exports of .

During 2016, Republic of the Congo had a large net trade with Russia in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Russia Republic of the Congo+$4.14kRefined Petroleum

Top Product Potential Republic of the Congo Russia+$4.25kCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Russia and Republic of the Congo. This means that a dot/product with the flag of Russia indicates it has a comparative advantage over Republic of the Congo. Similarly, a dot/product with the flag of Republic of the Congo indicates it has a comparative advantage over Russia.

Product Space of Russia () and Republic of the Congo () (2021)

Keep Exploring

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Democratic Republic of the Congo
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