Overview In July 2021 Russia exported $21.7M and imported $97.3M from Ecuador, resulting in a negative trade balance of $75.6M. Between July 2020 and July 2021 the exports of Russia have increased by $11.9M (122%) from $9.8M to $21.7M, while imports increased by $20.9M (27.4%) from $76.4M to $97.3M.
Trade In July 2021, the top exports of Russia to Ecuador were Nitrogenous Fertilizers ($4.91M), Mixed Mineral or Chemical Fertilizers ($3.52M), Refined Petroleum ($3.17M), Uncoated Kraft Paper ($3M), and Other Uncoated Paper ($2.89M). In July 2021 the top imports of Russia from Ecuador were Bananas ($63.2M), Cut Flowers ($15.8M), Crustaceans ($8.23M), Coffee and Tea Extracts ($3.63M), and Non-fillet Frozen Fish ($1.79M).
Origins In July 2021 the exports of Russia were mainly from VOLOGDA REGION ($7.76M), ARKHANGELSK REGION ($2.95M), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($2M), REPUBLIC OF BURYATIA ($1.53M), and ST. PETERSBURG ($1.28M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($36.8M), ST. PETERSBURG ($20.6M), KRASNODAR TERRITORY ($16.3M), MOSCOW REGION ($5.53M), and KALININGRAD REGION ($5.35M).
Growth In July 2021, the increase in Russia's year-by-year exports to Ecuador was explained primarily by an increase in product exports in Mixed Mineral or Chemical Fertilizers ($3.42M or 3.46k%), Nitrogenous Fertilizers ($3.05M or 164%), and Uncoated Kraft Paper ($2.1M or 233%). In July 2021, the increase in Russia's year-by-year imports from Ecuador was explained primarily by an increase in product imports in Cut Flowers ($12.8M or 430%), Crustaceans ($7.5M or 1.03k%), and Coffee and Tea Extracts ($3.1M or 581%).