HS Icon Soybeans in  Flag Russia

2020
Exports | Imports
: $450M | $767M, World Rnk 7 / 132
Flag Rnk 74 / 1210 | World Rnk 15 / 188
Flag Rnk 67 / 1205

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $78.3M | $32.9M, Belarus |  Brazil


ECONOMIC COMPLEXITY of Russia
: 0.5, Rnk 43 / 127


PRODUCT COMPLEXITY  IN Soybeans
: -1.05, Rnk 855 / 1028

Exports In 2020, Russia exported $450M in Soybeans, making it the 7th largest exporter of Soybeans in the world. At the same year, Soybeans was the 74th most exported product in Russia. The main destination of Soybeans exports from Russia are: China ($266M), Belarus ($81.4M), Turkey ($42.7M), United States ($35.7M), and South Korea ($10M).

The fastest growing export markets for Soybeans of Russia between 2019 and 2020 were Belarus ($78.3M), China ($59.7M), and United States ($24.6M).

Imports In 2020, Russia imported $767M in Soybeans, becoming the 15th largest importer of Soybeans in the world. At the same year, Soybeans was the 67th most imported product in Russia. Russia imports Soybeans primarily from: Brazil ($387M), Paraguay ($233M), Serbia ($43.4M), Argentina ($41.2M), and Croatia ($35.4M).

The fastest growing import markets in Soybeans for Russia between 2019 and 2020 were Brazil ($32.9M), Croatia ($25.5M), and Serbia ($13.2M).

January 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (January 2021 - January 2022): $-301M, (-92.3%)

IMPORT GROWTH (January 2021 - January 2022): $-4.14M, (-4.09%)

MAIN EXPORTER (January 2022): Kaliningrad Region, $13.9M

MAIN DESTINATION (January 2022): Belarus, $14.9M

This section shows Soybeans's exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Soybeans over time.

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Historical Data

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EXPORTS (2020): $450M

IMPORTS (2020): $767M

NET TRADE (2020): -$317M

In 2020, Russia exported $450M in Soybeans. The main destinations of Russia exports on Soybeans were China ($266M), Belarus ($81.4M), Turkey ($42.7M), United States ($35.7M), and South Korea ($10M).

In 2020, Russia imported $767M in Soybeans, mainly from Brazil ($387M), Paraguay ($233M), Serbia ($43.4M), Argentina ($41.2M), and Croatia ($35.4M).

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IN 2020, Russia HAD A POSITIVE NET TRADE IN Soybeans WITH:

IN 2020, Russia HAD A NEGATIVE NET TRADE IN Soybeans WITH:

Flow

THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Russia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Russia WERE (2019 - 2020):

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Market Concentration

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In 2019, Russia's main exporting competitors in Soybeans were:

In 2019, Russia's main importing competitors in Soybeans were:

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Tariffs by Country

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In 2018, the tariffs for Soybeans in the imports of Russia were of 0% around the world.