Overview In January 2022, Russia exported $131M and imported $69.6M from Serbia, resulting in a positive trade balance of $61.9M. Between January 2021 and January 2022 the exports of Russia have increased by $61.5M (87.9%) from $69.9M to $131M, while imports increased by $7.96M (12.9%) from $61.6M to $69.6M.
Trade In January 2022, the top exports of Russia to Serbia were Commodities not elsewhere specified ($99.7M), Iron Ore ($3.37M), Propylene Polymers ($2.1M), Processed Tobacco ($1.98M), and Rolled Tobacco ($1.84M). In January 2022 the top imports of Russia from Serbia were Apples and Pears ($7.68M), Rubber Tires ($4.67M), Packaged Medicaments ($4.06M), Cleaning Products ($3.86M), and Soybeans ($3.69M).
Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($97.6M), KURSK REGION ($4.46M), LENINGRAD REGION ($3.91M), KRASNOYARSK TERRITORY ($3.24M), and MOSCOW REGION ($2.64M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($28.6M), MOSCOW REGION ($12.9M), KALININGRAD REGION ($4.51M), ST. PETERSBURG ($4.21M), and KRASNODAR TERRITORY ($3.28M).
Growth In January 2022, the increase in Russia's year-by-year exports to Serbia was explained primarily by an increase in product exports in Iron Ore ($2.4M or 137%), Other Measuring Instruments ($1.32M or 106k%), and Raw Lead ($562k or 448%). In January 2022, the increase in Russia's year-by-year imports from Serbia was explained primarily by an increase in product imports in Lifting Machinery ($1.46M or 17.8k%), Cleaning Products ($916k or 124%), and Rubber Tires ($871k or 11.8%).