Overview In January 2022 Russia exported $191M and imported $27.9M from Saudi Arabia, resulting in a positive trade balance of $163M. Between January 2021 and January 2022 the exports of Russia have increased by $142M (292%) from $48.7M to $191M, while imports increased by $12.7M (83.3%) from $15.2M to $27.9M.
Trade In January 2022, the top exports of Russia to Saudi Arabia were Refined Petroleum ($98.1M), Wheat ($43.4M), Copper Wire ($15M), Poultry Meat ($6.99M), and Reaction and Catalytic Products ($6.5M). In January 2022 the top imports of Russia from Saudi Arabia were Amino-resins ($5.78M), Acyclic Alcohols ($5.28M), Ethylene Polymers ($5.25M), Liquid Dispersing Machines ($1.53M), and Other Coloring Matter ($1.04M).
Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($71.8M), LENINGRAD REGION ($71.2M), SVERDLOVSK REGION ($15.9M), MOSCOW REGION ($9.02M), and NOVOSIBIRSK REGION ($7.06M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($7.15M), VLADIMIR REGION ($6.05M), MOSCOW REGION ($5.78M), KALININGRAD REGION ($3.47M), and ST. PETERSBURG ($2.49M).
Growth In January 2022, the increase in Russia's year-by-year exports to Saudi Arabia was explained primarily by an increase in product exports in Seed Oils ($6.23M or 188%), Uncoated Kraft Paper ($584k or 59%), and Poultry Meat ($579k or 30.1%). In January 2022, the increase in Russia's year-by-year imports from Saudi Arabia was explained primarily by an increase in product imports in Amino-resins ($1.31M or 42.5%), Acyclic Alcohols ($1.08M or 82.6%), and Scrap Copper ($580k or 26.9%).