Russia / Turkmenistan

Overview In January 2022, Russia exported $38.7M and imported $13.6M from Turkmenistan, resulting in a positive trade balance of $25.1M. Between January 2021 and January 2022 the exports of Russia have increased by $20.1M (108%) from $18.6M to $38.7M, while imports increased by $2.55M (23.2%) from $11M to $13.6M.

Trade In January 2022, the top exports of Russia to Turkmenistan were Seed Oils ($2.66M), Rubber Tires ($1.31M), Steam Turbines ($985k), Sawn Wood ($864k), and Iron Pipes ($695k). In January 2022 the top imports of Russia from Turkmenistan were Tomatoes ($5.88M), Propylene Polymers ($2.4M), Non-Retail Pure Cotton Yarn ($1.72M), Synthetic Filament Yarn Woven Fabric ($290k), and Packing Bags ($130k).

Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($13.9M), KRASNODAR TERRITORY ($3.21M), SVERDLOVSK REGION ($2.36M), NIZHNY NOVGOROD REGION ($2.27M), and REPUBLIC OF TATARSTAN ($2.27M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($6.46M), ASTRAKHAN REGION ($2.12M), MOSCOW REGION ($1.17M), IVANOVO REGION ($753k), and ULYANOVSK REGION ($697k).

Growth In January 2022, the increase in Russia's year-by-year exports to Turkmenistan was explained primarily by an increase in product exports in Seed Oils ($2.5M or 1.52k%), Rubber Tires ($461k or 54.4%), and Liquid Dispersing Machines ($443k or 147k%). In January 2022, the increase in Russia's year-by-year imports  from Turkmenistan was explained primarily by an increase in product imports  in Tomatoes ($2.4M or 68.8%), Non-Retail Pure Cotton Yarn ($457k or 36.1%), and Packing Bags ($64.1k or 96.6%).