Russia (RUS) and France (FRA) Trade

2022

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Exports $15.9BRnk 8 / 138

2022

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About

Russia-France Trade: In 2022, Russia exported $15.9B to France. The main products that Russia exported to France were Refined Petroleum ($6.46B), Petroleum Gas ($5.73B), and Crude Petroleum ($1.69B). Over the past 5 years the exports of Russia to France have increased at an annualized rate of 31.5%, from $4.03B in 2017 to $15.9B in 2022.

In 2020, Russia exported services to France worth $1.23B, with Other business services ($445M), Construction services ($415M), and Transportation ($177M) being the largest in terms of value.

France-Russia Trade: In 2022, France exported $3.22B to Russia. The main products that France exported to Russia were Packaged Medicaments ($401M), Planes, Helicopters, and/or Spacecraft ($263M), and Pesticides ($146M). Over the past 5 years the exports of France to Russia have decreased at an annualized rate of 13.2%, from $6.53B in 2017 to $3.22B in 2022.

In 2020, France exported services to Russia worth $2.38B, with Other business services ($1.42B), Travel ($355M), and Royalties and license fees ($234M) being the largest in terms of value.

Comparison: In 2022, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $1.08B and imported $668M from France, resulting in a positive trade balance of $416M. Between January 2021 and January 2022 the exports of Russia have increased by $446M (69.8%) from $639M to $1.08B, while imports increased by $198M (42%) from $471M to $668M.

Trade In January 2022, the top exports of Russia to France were Refined Petroleum ($298M), Commodities not elsewhere specified ($243M), Petroleum Gas ($41.8M), Coal Briquettes ($10.7M), and Gas Turbines ($9.34M). In January 2022 the top imports of Russia from France were Packaged Medicaments ($30.4M), Commodities not elsewhere specified ($27.1M), Perfumes ($23.4M), Beauty Products ($21.7M), and Pesticides ($19.1M).

Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($695M), YAMAL-NENETS AUTONOMOUS AREA ($98.7M), NIZHNY NOVGOROD REGION ($66.3M), PERM TERRITORY ($46.8M), and BELGOROD REGION ($28.2M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($307M), MOSCOW REGION ($66.5M), NOVOSIBIRSK REGION ($65M), ST. PETERSBURG ($52.8M), and KRASNOYARSK TERRITORY ($15.9M).

Growth In January 2022, the increase in Russia's year-by-year exports to France was explained primarily by an increase in product exports in Refined Petroleum ($200M or 203%), Commodities not elsewhere specified ($118M or 93.6%), and Gas Turbines ($5.31M or 132%). In January 2022, the increase in Russia's year-by-year imports from France was explained primarily by an increase in product imports in Packaged Medicaments ($21.5M or 243%), Reaction and Catalytic Products ($8.06M or 169%), and Tractors ($6.45M or 647%).

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)$446M(69.8%)

IMPORT GROWTH (January 2021 - January 2022)$198M(42%)

MAIN EXPORTER (January 2022)MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION$695M

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 France and Russia trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Russia exported $15.9B to France. The main products exported from Russia to France were Refined Petroleum ($6.46B), Petroleum Gas ($5.73B), and Crude Petroleum ($1.69B). During the last 5 years the exports of Russia to France have increased at an annualized rate of 31.5%, from $4.03B in 2017 to $15.9B in 2022.

In 2017, France exported $3.22B to Russia. The main products exported from France to Russia were Packaged Medicaments ($401M), Planes, Helicopters, and/or Spacecraft ($263M), and Pesticides ($146M). During the last 5 years the exports of France to Russia have decreased at an annualized rate of 13.2%, from $6.53B in 2022 to $3.22B in 2017.

Exports from Russia () to France () (2022)

Exports from France () to Russia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Russia
Top DestinationChina$101B

France
Top DestinationGermany$78.3B

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

In 2022, countries that imported more from Russia than France included China ($101B), India ($40.4B), and Turkey ($25.3B).

In 2022, countries that imported more from France than Russia included Germany ($78.3B), Spain ($46.4B), and Belgium ($47.8B).

Difference in imports from France () and Russia () (2022)

Comparative Advantage Russia - France

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Russia and France by product, considering products traded by both, Russia and France.

During 2022, Russia had a large net trade with France in the exports of Mineral Products ($14.2B), Chemical Products ($723M), and Metals ($420M).

During 2017, France had a large net trade with Russia in the exports of Chemical Products ($1.31B), Machines ($538M), and Transportation ($393M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Russia France+$2.04BPetroleum Gas

Top Product Potential France Russia+$281MPackaged Medicaments

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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Bilateral Service Trade

Fra Year

Rus Year

In 2020, Russia exported services to France worth $1.23B, with Other business services ($445M), Construction services ($415M), and Transportation ($177M) being the largest in terms of value.

In 2020, France exported services to Russia worth $2.38B, with Other business services ($1.42B), Travel ($355M), and Royalties and license fees ($234M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to France () (2020)

Services Exports from France () to Russia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

Product Space of Russia () and France () (2022)

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