Overview In June 2021 Russia exported $121M and imported $90.5M from Norway, resulting in a positive trade balance of $30.7M. Between June 2020 and June 2021 the exports of Russia have increased by $16.3M (15.5%) from $105M to $121M, while imports increased by $53.8M (147%) from $36.7M to $90.5M.
Trade In June 2021, the top exports of Russia to Norway were Refined Petroleum ($32.7M), Rapeseed Oil ($25.8M), Raw Aluminium ($10.3M), Soybean Meal ($9.42M), and Petroleum Coke ($5.19M). In June 2021 the top imports of Russia from Norway were Tug Boats ($28.4M), Live Fish ($12M), Industrial Food Preperation Machinery ($9.36M), Animal Food ($9.13M), and Fishing Ships ($3.5M).
Origins In June 2021 the exports of Russia were mainly from KALININGRAD REGION ($34.3M), KEMEROVO REGION ($24.7M), MURMANSK REGION ($9.17M), REPUBLIC OF TATARSTAN ($7.75M), and IRKUTSK REGION ($6.07M), while imports destinations were mainly SAKHALIN REGION ($30.1M), MURMANSK REGION ($23.1M), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($11.2M), LENINGRAD REGION ($7.91M), and ST. PETERSBURG ($6.21M).
Growth In June 2021, the increase in Russia's year-by-year exports to Norway was explained primarily by an increase in product exports in Rapeseed Oil ($16.5M or 176%), Soybean Meal ($8.58M or 1.02k%), and Non-fillet Frozen Fish ($2.06M or 133%). In June 2021, the increase in Russia's year-by-year imports from Norway was explained primarily by an increase in product imports in Live Fish ($8.08M or 206%), Animal Food ($4.51M or 97.8%), and Valves ($2.33M or 9.97k%).