Overview In January 2022, Russia exported $4.26B and imported $619M from Turkey, resulting in a positive trade balance of $3.64B. Between January 2021 and January 2022 the exports of Russia have increased by $2.56B (151%) from $1.7B to $4.26B, while imports increased by $243M (64.5%) from $376M to $619M.
Trade In January 2022, the top exports of Russia to Turkey were Commodities not elsewhere specified ($2.79B), Refined Petroleum ($374M), Crude Petroleum ($215M), Hot-Rolled Iron ($100M), and Semi-Finished Iron ($88.6M). In January 2022 the top imports of Russia from Turkey were Fishing Ships ($106M), Citrus ($74.3M), Motor vehicles; parts and accessories (8701... ($33.3M), Sunflower Seeds ($12M), and Non-Knit Women's Suits ($11.4M).
Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($3.33B), LIPETSK REGION ($176M), ROSTOV REGION ($109M), VOLOGDA REGION ($57.2M), and ARKHANGELSK REGION ($53.3M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($191M), KAMCHATKA TERRITORY ($106M), KRASNODAR TERRITORY ($60.9M), MOSCOW REGION ($53.2M), and ST. PETERSBURG ($37M).
Growth In January 2022, the increase in Russia's year-by-year exports to Turkey was explained primarily by an increase in product exports in Scrap Iron ($77.5M or 172%), Hot-Rolled Iron ($71.3M or 219%), and Seed Oils ($69.3M or 288%). In January 2022, the increase in Russia's year-by-year imports from Turkey was explained primarily by an increase in product imports in Citrus ($13.8M or 22.2%), Other Heating Machinery ($11.9M or 918%), and Non-fillet Frozen Fish ($6.51M or 339%).