Overview: In August 2020 Russia's Packaged Medicaments exports accounted up to $58M and imports accounted up to $453M, resulting in a negative trade balance of $395M. Between August 2019 and August 2020 the exports of Russia's Packaged Medicaments have increased by $16.9M (41%) from $41.1M to $58M, while imports decreased by $-348M (-43.5%) from $801M to $453M.
Destinations: In August 2020 Packaged Medicaments exported mostly to Ukraine ($10.4M), Uzbekistan ($9.81M), Kazakhstan ($9.14M), Turkmenistan ($5.7M), and Belarus ($4.85M), and imported mostly from Germany ($90M), Switzerland ($75.5M), India ($38.2M), Italy ($31.9M), and Belarus ($21.9M).
Growth: In August 2020, the increase in Packaged Medicaments's year-by-year exports was explained primarily by an increase in exports to Turkmenistan ($4.82M or 549%), Uzbekistan ($4.55M or 86.5%), and Kazakhstan ($3.31M or 56.8%). In August 2020, the decrease in Packaged Medicaments's year-by-year imports was explained primarily by a decrease in imports from Germany ($-119M or -56.9%), France ($-34.1M or -62.2%), and Italy ($-25.5M or -44.4%).