Russia / Singapore

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 ($131M), Raw Lead ($2.11M), Shaving Products ($852k), Chocolate ($207k), and Twine, cordage or rope; knotted netting,... ($203k). In January 2022 the top imports of Russia from Singapore were Chemical Analysis Instruments ($5.24M), Cocoa Butter ($2.38M), Navigation Equipment ($1.83M), Propylene Polymers ($1.43M), and Batteries ($1.37M).

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 Chemical Analysis Instruments ($4.2M or 407%), Cocoa Butter ($1.12M or 88.5%), and Optical Fibers and optical fibre bundles ($889k or 22.8k%).