Overview In January 2022, Russia exported $115M and imported $32.6M from Singapore, resulting in a positive trade balance of $82.6M. Between January 2021 and January 2022 the exports of Russia have decreased by $-20.2M (-14.9%) from $135M to $115M, while imports increased by $5.9M (22.1%) from $26.7M to $32.6M.
Trade In January 2022, the top exports of Russia to Singapore were Refined Petroleum ($78M), Passenger and Cargo Ships ($28.1M), Zinc Ore ($2.81M), Raw Lead ($2M), and Shaving Products ($1.09M). In January 2022 the top imports of Russia from Singapore were Refined Petroleum ($4.04M), Laboratory Reagents ($3.69M), Orthopedic Appliances ($2.07M), Organo-Sulfur Compounds ($1.8M), and Cocoa Butter ($1.73M).
Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($69.3M), SAKHALIN REGION ($28.8M), PERM TERRITORY ($5.06M), IRKUTSK REGION ($3.56M), and KRASNOYARSK TERRITORY ($2.81M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($19.4M), SAKHALIN REGION ($4.14M), MOSCOW REGION ($2.94M), ST. PETERSBURG ($1.64M), and VLADIMIR REGION ($904k).
Growth In January 2022, the decrease in Russia's year-by-year exports to Singapore was explained primarily by an decrease in product exports in Refined Petroleum ($-58.9M or -31%), Liquid Pumps ($-985k or -99.7%), and Valves ($-458k or -93.8%). In January 2022, the increase in Russia's year-by-year imports from Singapore was explained primarily by an increase in product imports in N/A.