Overview In January 2022, Russia exported $9.2M and imported $7M from Ghana, resulting in a positive trade balance of $2.2M. Between January 2021 and January 2022 the exports of Russia have increased by $5.76M (168%) from $3.44M to $9.2M, while imports increased by $1.34M (23.7%) from $5.66M to $7M.
Trade In January 2022, the top exports of Russia to Ghana were Nitrogenous Fertilizers ($4.26M), Mixed Mineral or Chemical Fertilizers ($2.82M), Kraft Paper ($582k), Sodium or Potassium Peroxides ($521k), and Shaving Products ($473k). In January 2022 the top imports of Russia from Ghana were Cocoa Paste ($5.71M), Cocoa Powder ($697k), Other Oily Seeds ($339k), Cocoa Beans ($191k), and Sawn Wood ($32.9k).
Origins In January 2022 the exports of Russia were mainly from VOLOGDA REGION ($5.23M), TULA REGION ($1.46M), REPUBLIC OF KARELIA ($610k), VOLGOGRAD REGION ($568k), and STAVROPOL TERRITORY ($459k), while imports destinations were mainly MOSCOW REGION ($2.18M), VLADIMIR REGION ($1.39M), TOMSK REGION ($1.23M), KALININGRAD REGION ($738k), and PENZA REGION ($410k).
Growth In January 2022, the increase in Russia's year-by-year exports to Ghana was explained primarily by an increase in product exports in Nitrogenous Fertilizers ($596k or 35.4%). In January 2022, the increase in Russia's year-by-year imports from Ghana was explained primarily by an increase in product imports in Cocoa Paste ($1.86M or 103%), Cocoa Beans ($367k or 64.3%), and Veneer Sheets ($62.7k or 220%).