Overview In January 2022 Russia exported $1.09B and imported $280M from United Kingdom, resulting in a positive trade balance of $805M. Between January 2021 and January 2022 the exports of Russia have decreased by $-56.8M (-4.98%) from $1.14B to $1.09B, while imports increased by $77.2M (38.1%) from $203M to $280M.
Trade In January 2022, the top exports of Russia to United Kingdom were Gold ($638M), Refined Petroleum ($212M), Crude Petroleum ($63.9M), Commodities not elsewhere specified ($58.1M), and Platinum ($20.7M). In January 2022 the top imports of Russia from United Kingdom were Cars ($24.7M), Hard Liquor ($24.6M), Large Construction Vehicles ($16.8M), Combustion Engines ($11.9M), and Gas Turbines ($11.3M).
Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($512M), KOSTROMA REGION ($226M), PERM TERRITORY ($99.4M), SVERDLOVSK REGION ($37.1M), and NIZHNY NOVGOROD REGION ($33.9M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($138M), MOSCOW REGION ($51.7M), ST. PETERSBURG ($21.2M), IRKUTSK REGION ($9.4M), and SVERDLOVSK REGION ($9.01M).
Growth In January 2022, the decrease in Russia's year-by-year exports to United Kingdom was explained primarily by an decrease in product exports in Refined Petroleum ($-234M or -81.8%), Crude Petroleum ($-158M or -54.8%), and Petroleum Gas ($-108M or -100%). In January 2022, the increase in Russia's year-by-year imports from United Kingdom was explained primarily by an increase in product imports in Other Heating Machinery ($6.08M or 2.22k%), Scrap Copper ($6.05M or 2.49k%), and Hard Liquor ($5.97M or 35.1%).