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Monitor Report of RUSSIA trade and RUSSIA-China binational trade in 202001

 1.  Overview the trade of RUSSIA in goods current year until 202001

According to Dalian Infobank, in 202001RUSSIA's exports and imports of goods amounted to 46978.9630 million, and were down 2.07% comparing with the same period of last year. Among these, exports were down 4.60% at 30903.5770 million, and imports were up 3.20% at 16075.3860 million. And the corresponding trade surplus was 14828.1910 million and down 11.83%.

During the current year until 202001, RUSSIA's total exports and imports of goods were 46978.9630 million and were down 2.07% comparing to the same period of last year. Among these, exports were 30903.5770 million and down 4.60%; imports were 16075.3860 million and up 3.20%. The total trade surplus was 14828.1910 million and down 11.83%.

If considering by country (region), CHINA, GERMANY, NETHERLANDS, TURKEY, BELARUS were RUSSIA's top five trading partners. During the current year until 202001, RUSSIA's imports and exports to five countries/territories were 9370.1760 million, 3564.1340 million, 3020.6570 million, 2165.9960 million, 1974.3320 million. These values correspond to 19.95%, 7.59%, 6.43%, 4.61%, 4.20% of RUSSIA's imports and exports, and, respectively, were up 12.83%, down 18.11%, down 16.30%, up 9.90%, down 15.43% comparing to the same period of last year.

Current year until 202001, RUSSIA and the top five trade partners CHINA, NETHERLANDS, GERMANY, TURKEY, UNITED KINGDOM are the top five countries/territories that RUSSIA exports to in terms of the total export amount. During the current year until 202001, RUSSIA's exports to these five countries/territories were 4876.9640 million, 2809.8470 million, 2265.9790 million, 1792.5600 million, 1221.6670 million. These values correspond to 15.78%, 9.09%, 7.33%, 5.80%, 3.95% of RUSSIA's exports and, respectively, were up 15.05%, down 17.58%, down 27.79%, up 8.86%, up 105.31% comparing with the same period of last year.

Current year until 202001, RUSSIA's exports to top five countries/territories CHINA, GERMANY, BELARUS, UNITED STATES, SOUTH KOREA are the top five countries/territories that RUSSIA imports from in terms of the total export amount. During the current year until 202001, RUSSIA's imports from these five countries/territories were 4493.2120 million, 1298.1550 million, 892.1900 million, 829.8490 million, 546.2180 million. These values correspond to 27.95%, 8.08%, 5.55%, 5.16%, 3.40% of RUSSIA's total imports and, respectively, were up 10.51%, up 6.90%, up 6.54%, up 21.52%, down 36.07% comparing with the same period of last year.

During the current year until 202001, the trade surplus of RUSSIA was mainly from NETHERLANDS, TURKEY, UNITED KINGDOM, GERMANY, KAZAKHSTAN at 2599.0370 million, 1419.1240 million, 991.5740 million, 967.8240 million, 694.5950 million, and down 19.02%, up 7.30%, up 171.91%, down 49.69%, up 92.42%. And the trade deficits were mainly from VIETNAM, THAILAND, CHILE, IRELAND, ECUADOR at 202.5820 million, 96.6100 million, 94.1650 million, 76.7310 million, 76.7100 million, and down 6.89%, up 10.26%, up 78.69%, up 32.35%, down 16.04%.

Current year until 202001, RUSSIA's trade surplus or deficit with top five countries/territories During the current year until 202001,  commodities with hs2 codes, 27, SS, 84, 85, 72, were RUSSIA's top five traded commodities. They correspond to the import and export values of 17485.8960 million, 4074.2990 million, 3108.6800 million, 2507.9230 million, 1595.9050 million, which were up 1.60%, 0, up 11.52%, up 12.01%, down 13.94% comparing with the same period of last year and account for 37.22%, 8.67%, 6.62%, 5.34%, 3.40% of RUSSIA's total imports and exports.

During the current year until 202001, 27, SS, 71, 72, 10 were RUSSIA's top five traded commodities, with total import and export values of 17372.4640 million, 3611.2720 million, 1436.9560 million, 1287.9740 million, 608.2770 million. These values correspond to 56.22%, 11.69%, 4.65%, 4.17%, 1.97% of RUSSIA's total exports and, respectively, were up 1.75%, 0, up 142.81%, down 17.76%, down 9.37% comparing to the same period of last year.

During the current year until 202001, 84, 85, 87, 39, SS were RUSSIA's top five traded commodities, with total import values of 2740.6660 million, 2217.5500 million, 1286.3410 million, 623.5850 million, 463.0270 million. These values correspond to 17.05%, 13.79%, 8.00%, 3.88%, 2.88% of RUSSIA's total exports and, respectively, were up 11.43%, up 12.24%, down 11.54%, up 2.04%, 0 comparing to the same period of last year.


2. Current year until 202001, RUSSIA binational trade profile

According to Dalian Infobank, during the current year until 202001, RUSSIA-China binational exports and imports of goods amounted to 9370.1760 million and were up 12.83% comparing with the same period of last year. Among these, exports from RUSSIA to China were 4876.9640 million and up 15.05%, imports from China to RUSSIA were 4493.2120 million and up 10.51%. The total binational trade surplus was 383.7520 million and up 121.43%.

During the urrent year until 202001, commodities with hs2 code, 27, 85, 84, 64, 44, were binational trade's top five traded commodities. They correspond to import and export values of 3683.5080 million, 1255.7850 million, 1054.3120 million, 234.6880 million, 227.7100 million and makes up 39.31%, 13.40%, 11.25%, 2.50%, 2.43% of the total binational imports and exports. These values were also up 6.09%, up 18.09%, up 14.39%, up 16.91%, down 7.16% comparing to the same period last year.

During the current year until 202001, 27, 44, 74, 03, 26 were the top five traded commodities exported to China from RUSSIA, with export values of 3681.7860 million, 218.9140 million, 158.8300 million, 155.2150 million, 124.0370 million. These values account for 75.49%, 4.49%, 3.26%, 3.18%, 2.54% of RUSSIA's total exports and were up 6.70%, down 7.14%, up 167.99%, up 25.60%, up 104.07% comparing to the same period of last year.

During the current year until 202001, 85, 84, 64, 87, 73 were RUSSIA's top five traded commodities importing from China , with import values of 1244.5420 million, 1013.9300 million, 234.6740 million, 156.5500 million, 152.9320 million. These values account for 27.70%, 22.57%, 5.22%, 3.48%, 3.40% of RUSSIA's total imports and were up 17.41%, up 10.94%, up 16.91%, up 14.87%, up 18.17% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Federal Customs Service of Russia