Russia / Saudi Arabia

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 ($24.7M), Seed Oils ($9.55M), Chocolate ($2.76M), Poultry Meat ($2.5M), and Kraft Paper ($1.57M). In January 2022 the top imports of Russia from Saudi Arabia were Amino-resins ($4.38M), Scrap Copper ($2.74M), Acyclic Alcohols ($2.38M), Ethylene Polymers ($2.13M), and Other Nitrogen Compounds ($1.42M).

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%), 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%).