Russia / Cyprus

Overview In January 2022, Russia exported $5.57M and imported $489k from Cyprus, resulting in a positive trade balance of $5.08M. Between January 2021 and January 2022 the exports of Russia have decreased by $-12.6M (-69.3%) from $18.2M to $5.57M, while imports increased by $224k (84.9%) from $264k to $489k.

Trade In January 2022, the top exports of Russia to Cyprus were Tug Boats ($12.9M), Other Vegetable Residues ($1.04M), Starch Residue ($963k), Carbonates ($805k), and Corn ($624k). In January 2022 the top imports of Russia from Cyprus were Packaged Medicaments ($93.2k), Other toys ($90.1k), Other live plants, cuttings and slips; mushroom... ($34.3k), Perfume Plants ($30.6k), and Centrifuges ($11.8k).

Origins In January 2022 the exports of Russia were mainly from ROSTOV REGION ($2.02M), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($497k), MOSCOW REGION ($446k), REPUBLIC OF BASHKORTOSTAN ($421k), and LENINGRAD REGION ($329k), while imports destinations were mainly MOSCOW REGION ($451k), ST. PETERSBURG ($27.5k), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($9.07k), SMOLENSK REGION ($593), and UDMURTIAN REPUBLIC ($53.5).

Growth In January 2022, the decrease in Russia's year-by-year exports to Cyprus was explained primarily by an decrease in product exports in Coal Briquettes ($-2.5M or -99.5%), Raw Aluminium ($-987k or -64.4%), and Refined Petroleum ($-111k or -78.7%). In January 2022, the increase in Russia's year-by-year imports  from Cyprus was explained primarily by an increase in product imports  in Centrifuges ($4.47k or 61%) and Integrated Circuits ($137 or 7.84k%).