Overview In January 2022 Russia's Soybeans exports accounted up to $25.1M and imports accounted up to $97.2M, resulting in a negative trade balance of $72.1M. Between January 2021 and January 2022 the exports of Russia's Soybeans have decreased by $-301M (-92.3%) from $326M to $25.1M, while imports decreased by $-4.14M (-4.09%) from $101M to $97.2M.
Destinations In January 2022, Soybeans were exported mostly to Belarus ($14.9M), China ($7.69M), Kazakhstan ($2.22M), Japan ($140k), and Hong Kong ($104k), and were imported mostly from Paraguay ($45.4M), Brazil ($36.6M), Romania ($11.5M), Serbia ($3.69M), and Austria ($1.94k).
Growth In January 2022, the decrease in Soybeans's year-by-year exports was explained primarily by a decrease in exports to Unknown ($-2.95M or -35.5%), Belarus ($-2.34M or -74%), and Kazakhstan ($-136k or -14.9%). In January 2022, the decrease in Soybeans's year-by-year imports was explained primarily by a decrease in imports from Serbia ($-1.27M or -26.2%).