Overview In January 2022 Russia exported $3.54B and imported $1.58B from Germany, resulting in a positive trade balance of $1.96B. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Exports surged 62.4 percent to USD 48.96 billion, the highest since December 2013, boosted by sales to non-CIS (64.8 percent) and CIS countries (49.2 percent). This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). Are you interested in testing our corporate solutions? They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. The Trading Economics Application Programming Interface (API) provides direct access to our data. and over 1Mio. Between August 2021 and August 2022 the exports of China have increased by $600M (8.11%) from $7.4B to $8B, while imports increased by $4.17B (59.3%) from $7.04B to $11.2B. If you are an admin, please authenticate by logging in again. The trade sanctions are a slow-burn, but already there has been a massive shock to some commodity markets where Russia and Ukraine are major players (including maize, wheat, barley, sunflowers, fertiliser, valuable metals, rare earths). Data are in current U.S. dollars. Russia Balance of Trade Russia's trade surplus widened to USD 21.17 billion in January of 2022, before the invasion of its neighbor Ukraine and West sanctions, from USD 9.03 billion in the corresponding month of the previous year. Russia's positive foreign trade balance in January-October 2021 amounted to $149 billion, which is $64.2 billion (75.7 per cent) more than in January-October 2020, according to the information provided by the country's Federal Customs Service on Monday, December 13, 2021. 5. Exports surged 72 percent from a year earlier to USD 45.93 billion, boosted by sales to non-CIS (76.9 percent) and CIS countries (41.3 percent). Russia's trade surplus widened to USD 21.17 billion in January of 2022, before the invasion of its neighbor Ukraine and West sanctions, from USD 9.03 billion in the corresponding month of the previous year. Dollars). External Debt Repayments. The ideal entry-level account for individual users. * Refers to EU-28 until 2019 and EU-27 from 2020 onwards. Federal Customs Service of Russia. Corporate solution including all features. statistic alerts) please log in with your personal account. Published by Statista Research Department , Nov 19, 2021 The lowest trade balance of services in Russia in 2020 was observed in the travel industry, where the value of exports exceeded the. ", Federal Customs Service of Russia, External trade revenue in Russia from 2010 to 2021, by country group (in million U.S. dollars) Statista, https://www.statista.com/statistics/1182608/russia-trade-turnover-by-country-group/ (last visited November 07, 2022), External trade revenue in Russia from 2010 to 2021, by country group, Available to download in PNG, PDF, XLS format, Major exporting countries of wheat, flour and products 2014-2022, Value of automotive products imports in key countries worldwide 2020, External merchandise trade value in Russia 2012-2021, External merchandise trade volume in Russia 2012-2021, Services trade volume in Russia 2009-2020, Share of external trade calculations in Russia 2021, by currency and flow, Major trade partners of Russia 2021, by value, Leading import partners of Russia 2021, by value, Trade turnover in Russia 2010-2021, by country group, Volume of trade between Russia and African countries 2013-2020, Trade revenue of Russia with African countries 2020, by partner, Major goods trade partners of Russia in APAC in 2021, by turnover share, Merchandise trade value of Russia with BRICS 2021, by country and flow, Trade turnover of Russia with the CIS 2010-2021, Trade turnover of Russia with the EAEU 2014-2021, Merchandise export value from Russia to the CIS 2014-2021, Merchandise import value in Russia from the CIS 2014-2021, Merchandise export value from Russia to CIS 2021, by country, Merchandise import value in Russia from the CIS 2021, by country, Import value in Russia from the EAEU 2015-2021, by country, Export value in Russia to the EAEU 2015-2021, by country, Export value in Russia 2020-2021, by product category, Import value in Russia 2020-2021, by commodity group, Mineral fuels and oils export value in Russia 2012-2021, Energy export revenue in Russia 2019-2022, Cereal export volume in Russia 2000/2001-2021/2022, Machinery and equipment import value in Russia 2000-2020, High-complexity goods import share of GDP in Russia 2013-2020, Share of services exports in Russia 2018-2020, by type, Share of trade revenue with non-sanctioning countries in Russia 2013-2021, GDP impact of trade restrictions with Russia 2022, by country, Value of foreign direct investment inflows in Russia 2010-2021, Number of foreign companies in Russia 2017-2021, by entity type, Number of German companies in Russia 2013-2021, Share of Russia in extra-EU energy import value 2020-2021, by product, Thermal coal imports from Russia worldwide 2020, by region, Food and agricultural imports in Russia 2000-2021, Sales of food, beverage and tobacco wholesalers in Canada 2012-2021, Sales revenue of wholesale and retail trade companies in Qatar 2006-2017, Italy: trade revenue of religious books 2011-2015, Retail sales of consumer goods in China by month 2020-2022, Cities with the highest retail sales of consumer goods in China 2020, Share of online shopping in retail sales revenue in China 2007-2017, Canada merchandise trade balance with China 2013-2021, China's total imports and exports in goods 2011-2021, Canada's merchandise trade with China 2020, Major agri-food imports from Canada to China 2014-2016, by category, Value of the leading office and telecom equipment exporters worldwide 2020, Transatlantic Trade and Investment Partnership, External trade revenue in Russia from 2010 to 2021, by country group (in million U.S. dollars), Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre. Data are in current U.S. dollars. In 2021, Russia was the EU's fifth largest trade partner, representing 5.8% of the EU's total trade in goods with the world. Other medicaments of mixed or unmixed products, Parts and accessories of automatic data process, Storage units, whether or not presented with th, Human and animal blood; microbial cultures; tox, Harmonized System 1988/92, HS 1996, HS 2002, HS 2007, HS 2012, Effectively Applied Simple Average tariff (%), Specific duty expressions are estimated using UNCTAD Method (If available), Effectively Applied Duty Free Imports in thousands of US Dollar, Effectively Applied MaxRate (%) tariff; The highest tariff value at the tariff line level within the product category, Effectively Applied Weighted Average (%) tariff; The average of tariffs weighted by their corresponding trade value, Effectively Applied Duty Free Tariff Lines Share in percentage, 1) Tariff_AHS_DutyFreeLines]*100/[Tariff_AHS_TotalLines] 2) Specific duty expressions are estimated using UNCTAD Method (If available), The OTRI captures the trade policy distortions that each country imposes on its import bundle. Economic Policy & Debt: Balance of payments: Current account: Goods, services & income. ; 13.4% ($45 billion): 2710 - Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from . A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm. Russia - Trade Balance Data Sample Report Please note the exports, imports and tariff data are based on reported data and not gap filled. 1) AllDoing Business 2018rankings have been recalculated to reflect changes to the methodology and revisions of data due to new information. Comments and Publications. Please note this indicator is not cross country comparable. It measures the uniform tariff equivalent of the country tariff and non-tariff barriers (NTB) that would generate the same level of import value for the country in a given year. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Russia trade balance for 2021 was $169.71B, a 123.57% increase from 2020. Exports: $258.0 Billion Exports fell 30.8 percent from the previous year to USD 28,945.7 million while imports decreased at a softer 21.4 percent to USD 34,366.8 million. Complete Release Schedule, U.S. Hispanic Chamber of Commerce Partner Webinar, Spanish Language Webinars 2020-2021 (Seminarios en Lnea en Espaol 2020-2021). 1 The United States exported $1.65 trillion in goods. Between January 2021 and January 2022 the exports of Russia have increased by $1.71B (93.2%) from $1.83B to $3.54B, while imports increased by $319M (25.2%) from $1.27B to $1.58B. To view the file, you will need the, [MSWord] or the letters [doc] indicate a document is in the Microsoft Word Format (DOC). White label accounts can distribute our data. What did Russia export in 2020? The biggest trade deficits were recorded with: China, the United States and France. Contact Us. Statista. Similarly, a country with a perfectly diversified trade portfolio will have an index close to zero. U.S. goods and services trade with Russia totaled an estimated $34.9 billion in 2019. Russia trade balance for 2019 was $129.32B, a 22.01% decline from 2018. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). However, in the first ten months of 2021, Russia supplied 1.8597 billion decaliters of vodka, up 5.6% against 2020. Machinery and equipment - 6.3%. We have a plan for your needs. Country. In 2019, the U.S. trade deficit in goods alone was $866 billion. Contact Us. Please create an employee account to be able to mark statistics as favorites. Direct access to our data from your apps using any programing language. Estonia. 9,680.12 USD Million. The main products that Russia exported to Mexico were Semi-Finished Iron ($564M), Mixed . By Country Russia Trade Statistics Russia: Trade Statistics Due to military action in Ukraine, the information on these pages may not reflect current conditions in the country. Hirschman Herfindahl index is a measure of the dispersion of trade value across an exporters partners. Contact the International Trade Macro Analysis Branch: Email us! 1 985 787. Federal Customs Service of Russia. Then you can access your favorite statistics via the star in the header. Contact the International Trade Macro Analysis Branch: Email us! Looking forward, the fallout from the war in Ukraine and associated international sanctions are set to hammer Russia's external sector this year. [1] Rank. Russia trade balance for 2020 was $75.91B, a 41.3% decline from 2019. 1) Mirror Exports is considered for export data 2) All Countries except World and EUN are considered as partner group 3) Product 'Total' is used for this computation 4) The indicator is computed at reporter-partner level and aggregated to reporter level. The ranking of economies on the ease of trading across borders is determined by sorting their distance to frontier scores for trading across borders. Deficit: $73.3 Billion You need a Statista Account for unlimited access. Mineral and energy products, which are. Russia's Top Exports in 2020: 21% ($72 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude. Among Russia's trading partners that cause the greatest negative trade balances, Russian deficits with Sweden (up 60.9%), Indonesia (up 58.8%), Paraguay (up 50.5%), Ireland (up 26%) and Vietnam (up 21.8%) grew by double-digits from 2019 to 2020. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. API users can feed a custom application. Total Starbucks locations globally 2003-2021, U.S. beer market: leading domestic beer brands 2017, based on sales, Revenue and financial key figures of Coca-Cola 2009-2021, Profit from additional features with an Employee Account. Several global brands and major companies from sectors ranging from technology to automotive and energy suspended their operations in Russia in response to the "special military operation" in its neighbor on February 24th. It is calculated as the number of countries to which the reporter exports a particular product divided by the number of countries that report importing the product that year. Data are in current U.S. dollars. Please check the, Latest trade data available from various sources, The data from various sources are not from the same year, For viewing trade, tariff data for country or region by year click here, Top 5 Products exports imports at HS 6 digit level, Overall Trade Restrictiveness Index (OTRI), Services Service Policy Restrictive Database (SPRD), Country Policy and Institutional Assessment (CPIA), GNI per capita, Atlas method (current US$). Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. Estimate of External Debt of the Russian Federation as of September 30, 2022. Current job openings: October 2022 Data - 1996-2021 Historical - November Forecast, Russian Private Sector Activity Shrinks in October, Russian Services Activity Contracts in October, Russia Unemployment Rate Rises from Record Low, Russian Manufacturing Growth at 3-Month Low, Russian 10-Year Bond Yield Rise After CBR, Baltic Exchange Dry Index at Over 1-Week High. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. Economies are ranked on their ease of doing business, from 1189. Russia's trade surplus widened to USD 21.06 billion in November of 2021 from USD 7.39 billion in the corresponding month of the previous year. 2 The biggest categories were commercial aircraft, automobiles, and food. 36.5% of Russia's imports came from the EU and 37.9% of its exports went to the EU. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. 76 145 770. Data are in current U.S. dollars. Russia Exports By Country - was last updated on Saturday, November 5, 2022. Show publisher information Number of distinct NTM measures in effect in a country in a particular year. An official website of the United States government. Meanwhile, merchandise imports edged up 1.1% annually in February to USD 18.5 . dollars)." or use our feedback form! Year over year, the most recent $198.2 billion in black ink represents an 87.9% increase compared to the $105.5-billion surplus that the Russian Federation earned during 2020. To view the file, you will need the Microsoft Excel Viewer available for free from Microsoft. It was in 2019 when for the first time, the trade balance of Russia with China turned positive and amounted to about 2.6 billion U.S. dollars. Please note: The data from various sources are not from the same year. Feb 1998. Exporter Rank 14 / 127 Compare Exporter Rank Importer Rank 20 / 127 Compare Importer Rank Trade Balance Rank 3 / 127 Compare Trade Balance Rank Total Trade Trade Partners Directly accessible data for 170 industries from 50 countries RUSSIA trade balance, exports and imports by country 2020 In 2020, RUSSIA major trading partner countries for exports were China, Netherlands, United Kingdom, Germany and Belarus and for imports they were China, Germany, United States, Belarus and Italy . From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. Contact the International Trade Macro Analysis Branch: Email us! [MSWord] or the letters [doc] indicate a document is in the Microsoft Word Format (DOC). Advanced users can use our Python/R/Matlab packages. Thus, exports from 4 264 778. Total number of products exported by a country at the Harmonized System six digit level in any given year. FocusEconomics panelists forecast that exports will plunge 30.7% in 2020 and imports will dive 22.2%, bringing the trade surplus to USD 92.0 billion. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. Russia's trade surplus widened to USD 21.17 billion in January of 2022, before the invasion of its neighbor Ukraine and West sanctions, from USD 9.03 billion in the corresponding month of the previous year. Tariffs can be based on the Applied tariffs, which takes into account the bilateral trade preferences, The ad valorem equivalent of NTB were estimated by Kee, Nicita and Olarreaga (EJ, 2009), The OTRI captures the trade policy distortions that each country imposes on its import bundle. 67 655 352. In March, Russia hit back at western sanctions by imposing an export ban on more than 200 products including telecoms, medical, vehicle, agricultural, and electrical equipment, until the end of 2022. The biggest trade surpluses were recorded with: Netherlands, Turkey, Italy and Japan. Meanwhile, imports rose at a slower 40.1 percent to a 6-month low of USD 24.75 billion, on the back of purchases from non-CIS (40.6 percent) and CIS countries (36.3 percent). February 7, 2022. Main Aggregates of External Sector Statistics in January - June 2022. 1) Mirror Exports is considered for export data 2) All products at HS 6 digits are considered 3) Computation is performed at Country-Product level and aggregated to country level, Annual percentage growth rate of the worlds trade value (export or import), by sector, at market prices in current U.S. dollars, 1) Mirror Exports is considered 2)Growth for a given year is computed with respect to the previous year, Annual percentage growth rate of the countrys trade value (export or import), by sector, at market prices in current U.S. dollars. Please check the Data Availability for coverage. Harmonized System 1988/92, SITC Revision 2. RUSSIA monthly trade data RUSSIA quarterly trade data, Please note the exports, imports and tariff data are based on reported data and not gap filled. For more information click, Number of products at HS 6 digit level that are affected in a particular year. Trading Economics welcomes candidates from around the world. (2022). 1996-2022. Industry-specific and extensively researched technical data (partially from exclusive partnerships). New, Insights into the worlds most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development. 4 433 801. Russia has been running regular trade surpluses since 1998 primarily due to high exports of commodities like crude oil and natural gas. Exports surged 60 percent to USD 57.38 billion, a new high for the series, boosted by sales to non-CIS (62.2 percent) and CIS countries (46.7 percent). 2) The data may not reflect the full numeric precision of the data point, as the numbers are rounded. Table reflects only those months for which there was trade. Russia's trade surplus widened to USD 21.17 billion in January of 2022, before the invasion of its neighbor Ukraine and West sanctions, from USD 9.03 billion in the corresponding month of the previous year. Tariffs can be based on the MFN tariffs which applied to all trading partners, Services Service Policy Restrictive Database. Trade in Russia China was the leading export destination of Russian commodities as well as the major import partner of the country as of 2021. The U.S. goods and services trade deficit with Russia was $13.1 billion in 2019. Trade assesses how the policy framework fosters trade in goods. Merchandise exports dived 19.1% year-on-year and totaled USD 28.1 in February (January: -2.6% year-on-year). In 2020, Mexico did not export any services to Russia. Data are in current U.S. dollars. We have a plan for your needs. Call us: (301)763-2311 or 1-800-549-0595 option 4 Standard users can export data in a easy to use web interface or using an excel add-in. Register in seconds and access exclusive features. Call us: (301)763-2311 or 1-800-549-0595 option 4 Russia's trade surplus widened to a record USD 26.72 billion in December of 2021 from USD 10.82 billion in the corresponding month of the previous year. /TASS/. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. A country with trade (export or import) that is concentrated in a very few markets will have an index value close to 1. A paid subscription is required for full access. Economic Policy & Debt: National accounts: Atlas GNI & GNI per capita, Difference between Exports of goods and services (current US$) and Imports of goods and services (current US$), Indicator codes: NE.EXP.GNFS.CD, NE.IMP.GNFS.CD, Difference between Exports of goods and services (% of GDP) and Imports of goods and services (% of GDP), Indicator codes: NE.EXP.GNFS.ZS, NE.IMP.GNFS.ZS. It measures the uniform tariff equivalent of the country tariff and non-tariff barriers (NTB) that would generate the same level of import value for the country in a given year. This statistic is not included in your account. You need at least a Starter Account to use this feature. The rankings are determined by sorting the aggregate distance to frontier scores on 10 topics, each consisting of several indicators, giving equal weight to each topic. Currently, you are using a shared account. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services.
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