Overview: In May 2020 Russia exported $20.2B and imported $15.8B, resulting in a positive trade balance of $4.31B. Between May 2019 and May 2020 the exports of Russia have decreased by $-12.5B (-38.3%) from $32.7B to $20.2B, while imports decreased by $-3.33B (-17.4%) from $19.2B to $15.8B.
Trade: In May 2020 the top exports of Russia were Crude Petroleum ($3.4B), Refined Petroleum ($2.61B), Commodities not elsewhere specified ($2.01B), Gold ($1.31B), and Petroleum Gas ($1.01B). In May 2020 the top imports of Russia were Commodities not elsewhere specified ($1.05B), Packaged Medicaments ($681M), Telephones ($584M), Computers ($458M), and Vehicle Parts ($435M).
Origins: In May 2020 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($6.39B), ST. PETERSBURG ($1.5B), SVERDLOVSK REGION ($944M), SAKHALIN REGION ($913M), and KEMEROVO REGION ($866M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($7.02B), MOSCOW REGION ($1.64B), ST. PETERSBURG ($1.42B), SVERDLOVSK REGION ($619M), and KALININGRAD REGION ($438M).
Destinations: In May 2020 Russia exported mostly to China ($3.19B), Netherlands ($1.53B), United Kingdom ($1.47B), Belarus ($1.15B), and Kazakhstan ($920M), and imported mostly from China ($4.07B), Germany ($1.66B), United States ($1.02B), Belarus ($762M), and France ($609M).
Growth: In May 2020, the decrease in Russia's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-2.49B or -62%), China ($-1.17B or -26.9%), and Finland ($-858M or -71.5%), and product exports decrease in Crude Petroleum ($-6.61B or -66.1%), Refined Petroleum ($-3.04B or -53.8%), and Commodities not elsewhere specified ($-1.71B or -46%). In May 2020, the decrease in Russia's year-by-year imports was explained primarily by a decrease in imports from Germany ($-355M or -17.6%), United States ($-278M or -21.5%), and Belarus ($-258M or -25.3%), and product imports decrease in Cars ($-470M or -66.8%), Vehicle Parts ($-307M or -41.4%), and Other Large Iron Pipes ($-136M or -94.3%).