Overview In January 2022, Russia exported $1.09M and imported $13.4M from New Zealand, resulting in a negative trade balance of $12.4M. Between January 2021 and January 2022 the exports of Russia have decreased by $-30.7M (-96.6%) from $31.8M to $1.09M, while imports decreased by $-508k (-3.64%) from $13.9M to $13.4M.
Trade In January 2022, the top exports of Russia to New Zealand were Crude Petroleum ($30.5M), Commodities not elsewhere specified ($950k), Plywood ($104k), Uncoated Paper ($76.7k), and Sulfates ($50.8k). In January 2022 the top imports of Russia from New Zealand were Butter ($8.48M), Wine ($2.03M), Molluscs ($769k), Concentrated Milk ($764k), and Non-fillet Frozen Fish ($563k).
Origins In January 2022 the exports of Russia were mainly from SEVASTOPOL - THE FEDERAL CITY ($275k), IRKUTSK REGION ($187k), RYAZAN REGION ($178k), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($133k), and KOMI REPUBLIC ($103k), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($5.35M), ST. PETERSBURG ($4.45M), MOSCOW REGION ($1.43M), YAROSLAVL REGION ($808k), and TRANS-BAIKAL TERRITORY ($462k).
Growth In January 2022, the decrease in Russia's year-by-year exports to New Zealand was explained primarily by an decrease in product exports in Crude Petroleum ($-24.2M or -44.2%), Recreational Boats ($-44.9k or -76.2%), and Hard Liquor ($-33.3k or -93.2%). In January 2022, the decrease in Russia's year-by-year imports from New Zealand was explained primarily by an decrease in product imports in Butter ($-16.9M or -66.6%), Malt Extract ($-1.6M or -86.5%), and Non-fillet Frozen Fish ($-859k or -60.4%).