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2022
Flag → Flag
Exports $15BRnk 9 / 138
2022
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Top Product $4.73BRefined Petroleum
2022
Flag → Flag
Exports $1.63BRnk 70 / 219
2022
Flag → Flag
Top Product $195MVaccines, blood, antisera, toxins and cultures
2022
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Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
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GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
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 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
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GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Russia-United States Trade: In 2022, Russia exported $15B to United States. The main products that Russia exported to United States were Refined Petroleum ($4.73B), Platinum ($1.84B), and Nitrogenous Fertilizers ($945M). Over the past 5 years the exports of Russia to United States have increased at an annualized rate of 3.28%, from $12.8B in 2017 to $15B in 2022.

In 2020, Russia exported services to United States worth $3.48B, with Computer and information services ($1.7B), Other business services ($868M), and Transportation ($505M) being the largest in terms of value.

United States-Russia Trade: In 2022, United States exported $1.63B to Russia. The main products that United States exported to Russia were Vaccines, blood, antisera, toxins and cultures ($195M), Medical Instruments ($90.9M), and Gas Turbines ($70.6M). Over the past 5 years the exports of United States to Russia have decreased at an annualized rate of 29%,  from $9.02B in 2017 to $1.63B in 2022.

In 2017, United States exported services to Russia worth $4.84B, with Travel ($1.3B), Financial services ($1.2B), and Other business services ($823M) being the largest in terms of value.

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $968M and imported $1.31B from United States, resulting in a negative trade balance of $343M. Between January 2021 and January 2022 the exports of Russia have increased by $281M (40.8%) from $688M to $968M, while imports increased by $551M (72.5%) from $760M to $1.31B.

Trade In January 2022, the top exports of Russia to United States were Refined Petroleum ($300M), Platinum ($211M), Commodities not elsewhere specified ($33.3M), Raw Aluminium ($18.9M), and Crude Petroleum ($17.2M). In January 2022 the top imports of Russia from United States were Cars ($102M), Commodities not elsewhere specified ($96.1M), Vaccines, blood, antisera, toxins and cultures ($33.4M), Packaged Medicaments ($33M), and Motor vehicles; parts and accessories (8701... ($32.2M).

Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($435M), PERM TERRITORY ($77.1M), KHANTY-MANSIYSK AUTONOMOUS AREA ($49.3M), SVERDLOVSK REGION ($39.5M), and VOLOGDA REGION ($37.9M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($854M), ST. PETERSBURG ($117M), MOSCOW REGION ($94.2M), NOVOSIBIRSK REGION ($43.2M), and REPUBLIC OF TATARSTAN ($33.3M).

Growth In January 2022, the increase in Russia's year-by-year exports to United States was explained primarily by an increase in product exports in Platinum ($35.3M or 20.2%), Raw Aluminium ($7.3M or 63.1%), and Commodities not elsewhere specified ($6.59M or 24.7%). In January 2022, the increase in Russia's year-by-year imports  from United States was explained primarily by an increase in product imports  in Cars ($30.8M or 43.5%), Packaged Medicaments ($29.2M or 756%), and Vaccines, blood, antisera, toxins and cultures ($22.7M or 213%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$281M(40.8%)
IMPORT GROWTH (January 2021 - January 2022)$551M(72.5%)
MAIN EXPORTER (January 2022)MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION$435M

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

To check United States and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United States and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $15B to United States. The main products exported from Russia to United States were Refined Petroleum ($4.73B), Platinum ($1.84B), and Nitrogenous Fertilizers ($945M). During the last 5 years the exports of Russia to United States have increased at an annualized rate of 3.28%, from $12.8B in 2017 to $15B in 2022.

In 2017, United States exported $1.63B to Russia. The main products exported from United States to Russia were Vaccines, blood, antisera, toxins and cultures ($195M), Medical Instruments ($90.9M), and Gas Turbines ($70.6M). During the last 5 years the exports of United States to Russia have decreased at an annualized rate of 29%, from $9.02B in 2022 to $1.63B in 2017.

Exports from Russia (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Russia (Flag) (2022)

Market Competitiveness

Color
Russia
Top DestinationChina$101B
United States
Top DestinationCanada$308B

This map shows whether countries import more from Russia or United States. Each country is colored based on the difference in imports they receive from Russia and United States or the difference in the growth in imports.

In 2022, countries that imported more from Russia than United States included Kazakhstan ($16.5B), Turkey ($25.3B), and Slovakia ($7.55B).

In 2022, countries that imported more from United States than Russia included Canada ($308B), Mexico ($294B), and United Kingdom ($75.4B).

Difference in imports from United States (Flag) and Russia (Flag) (2022)

Comparative Advantage Russia - United States

Flow
Scale

This chart compares trade between Russia and United States by product, considering products traded by both, Russia and United States.

During 2022, Russia had a large net trade with United States in the exports of Mineral Products ($5.32B), Chemical Products ($2.98B), and Metals ($2.58B).

During 2017, United States had a large net trade with Russia in the exports of Machines ($417M), Chemical Products ($381M), and Instruments ($256M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia United States+$1.98BRefined Petroleum
Top Product Potential United States Russia+$170MVaccines, blood, antisera, toxins and cultures

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Russia and United States. This means that a dot/product with the flag of Russia indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over Russia.

Product Space of Russia (Flag) and United States (Flag) (2022)

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