Overview In January 2022 Russia exported $45.8B and imported $23.3B, resulting in a positive trade balance of $22.5B. Between January 2021 and January 2022 the exports of Russia have increased by $18.7B (69.1%) from $27.1B to $45.8B, while imports increased by $6.51B (38.7%) from $16.8B to $23.3B.
Trade In January 2022, the top exports of Russia were Commodities not elsewhere specified ($10.3B), Crude Petroleum ($10.1B), Refined Petroleum ($6.14B), Coal Briquettes ($1.56B), and Petroleum Gas ($1.41B). In January 2022 the top imports of Russia were Telephones ($1.07B), Motor vehicles; parts and accessories (8701... ($883M), Computers ($675M), Passenger and Cargo Ships ($670M), and Commodities not elsewhere specified ($658M).
Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($21.7B), KHANTY-MANSIYSK AUTONOMOUS AREA ($1.76B), ST. PETERSBURG ($1.61B), SAKHALIN REGION ($1.41B), and KEMEROVO REGION ($1.31B), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($9.7B), MOSCOW REGION ($2.76B), ST. PETERSBURG ($2.08B), SVERDLOVSK REGION ($767M), and KALININGRAD REGION ($652M).
Destinations In January 2022, Russia exported mostly to China ($5.8B), Netherlands ($4.8B), Turkey ($4.26B), Germany ($3.54B), and Italy ($2.22B), and imported mostly from China ($7.2B), Germany ($1.58B), South Korea ($1.42B), United States ($1.31B), and Belarus ($885M).
Growth In January 2022, the increase in Russia's year-by-year exports was explained primarily by an increase in exports to Belarus ($324M or 29.9%), France ($139M or 27.8%), and Estonia ($127M or 92.8%), and product exports increase in Gold ($378M or 86.4%), Commodities not elsewhere specified ($357M or 10.3%), and Soybeans ($293M or 882%). In January 2022, the increase in Russia's year-by-year imports was explained primarily by an increase in imports from South Korea ($728M or 133%), Vietnam ($113M or 43.5%), and Italy ($72.7M or 13.5%), and product imports increase in Passenger and Cargo Ships ($618M or 3.55k%), Packaged Medicaments ($263M or 133%), and Cars ($167M or 62.9%).