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Monitor Report of RUSSIA trade and RUSSIA-China binational trade in 202002

 1.  Overview the trade of RUSSIA in goods current year until 202002

According to Dalian Infobank, in 202002RUSSIA's exports and imports of goods amounted to 46415.2070 million, and were down 12.02% comparing with the same period of last year. Among these, exports were down 18.82% at 28534.1320 million, and imports were up 1.55% at 17881.0750 million. And the corresponding trade surplus was 10653.0570 million and down 39.27%.

During the current year until 202002, RUSSIA's total exports and imports of goods were 93394.1700 million and were down 7.28% comparing to the same period of last year. Among these, exports were 59437.7090 million and down 12.00%; imports were 33956.4610 million and up 2.33%. The total trade surplus was 25481.2480 million and down 25.84%.

If considering by country (region), CHINA, GERMANY, NETHERLANDS, BELARUS, UNITED STATES were RUSSIA's top five trading partners. During the current year until 202002, RUSSIA's imports and exports to five countries/territories were 17416.7630 million, 7199.2330 million, 5665.2330 million, 4184.3250 million, 3888.1640 million. These values correspond to 18.65%, 7.71%, 6.07%, 4.48%, 4.16% of RUSSIA's imports and exports, and, respectively, were up 5.14%, down 20.70%, down 30.49%, down 14.83%, up 19.50% comparing to the same period of last year.

Current year until 202002, 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 202002, RUSSIA's exports to these five countries/territories were 9299.7570 million, 5177.5520 million, 4064.4690 million, 3003.5330 million, 2339.4850 million. These values correspond to 15.65%, 8.71%, 6.84%, 5.05%, 3.94% of RUSSIA's exports and, respectively, were up 10.31%, down 32.74%, down 32.77%, down 5.64%, up 94.06% comparing with the same period of last year.

Current year until 202002, RUSSIA's exports to top five countries/territories CHINA, GERMANY, BELARUS, UNITED STATES, FRANCE are the top five countries/territories that RUSSIA imports from in terms of the total export amount. During the current year until 202002, RUSSIA's imports from these five countries/territories were 8117.0060 million, 3134.7640 million, 1918.3680 million, 1803.5840 million, 1542.9920 million. These values correspond to 23.90%, 9.23%, 5.65%, 5.31%, 4.54% of RUSSIA's total imports and, respectively, were down 0.21%, up 3.37%, up 4.35%, up 15.57%, up 51.37% comparing with the same period of last year.

During the current year until 202002, the trade surplus of RUSSIA was mainly from NETHERLANDS, TURKEY, UNITED KINGDOM, KAZAKHSTAN, POLAND at 4689.8710 million, 2214.3730 million, 1830.7880 million, 1459.1740 million, 1272.7610 million, and down 35.28%, down 11.11%, up 163.43%, up 58.91%, up 9.30%. And the trade deficits were mainly from VIETNAM, FRANCE, THAILAND, IRELAND, ECUADOR at 441.3280 million, 426.6160 million, 201.0790 million, 196.8270 million, 175.8100 million, and up 2.95%, down 372.20%, up 12.94%, up 34.21%, up 4.32%.

Current year until 202002, RUSSIA's trade surplus or deficit with top five countries/territories During the current year until 202002,  commodities with hs2 codes, 27, SS, 84, 85, 71, were RUSSIA's top five traded commodities. They correspond to the import and export values of 32735.9810 million, 7804.5920 million, 6634.3940 million, 4827.8540 million, 3255.0690 million, which were down 6.91%, 0, up 7.15%, up 4.91%, up 101.45% comparing with the same period of last year and account for 35.05%, 8.36%, 7.10%, 5.17%, 3.49% of RUSSIA's total imports and exports.

During the current year until 202002, 27, SS, 71, 72, 44 were RUSSIA's top five traded commodities, with total import and export values of 32491.3500 million, 6401.4930 million, 3102.1480 million, 2470.6970 million, 1174.9710 million. These values correspond to 54.66%, 10.77%, 5.22%, 4.16%, 1.98% of RUSSIA's total exports and, respectively, were down 6.87%, 0, up 106.16%, down 23.43%, down 7.99% comparing to the same period of last year.

During the current year until 202002, 84, 85, 87, SS, 39 were RUSSIA's top five traded commodities, with total import values of 5817.4700 million, 4248.7860 million, 2789.7200 million, 1403.0990 million, 1327.8430 million. These values correspond to 17.13%, 12.51%, 8.22%, 4.13%, 3.91% of RUSSIA's total exports and, respectively, were up 7.86%, up 5.50%, down 12.92%, 0, up 0.31% comparing to the same period of last year.


2. Current year until 202002, RUSSIA binational trade profile

According to Dalian Infobank, during the current year until 202002, RUSSIA-China binational exports and imports of goods amounted to 17416.7630 million and were up 5.14% comparing with the same period of last year. Among these, exports from RUSSIA to China were 9299.7570 million and up 10.31%, imports from China to RUSSIA were 8117.0060 million and down 0.21%. The total binational trade surplus was 1182.7510 million and up 298.62%.

During the urrent year until 202002, commodities with hs2 code, 27, 85, 84, 44, 64, were binational trade's top five traded commodities. They correspond to import and export values of 7129.1500 million, 2131.1960 million, 1882.5780 million, 421.7680 million, 399.8360 million and makes up 40.93%, 12.24%, 10.81%, 2.42%, 2.30% of the total binational imports and exports. These values were also up 9.28%, up 3.25%, down 0.60%, down 16.58%, down 3.87% comparing to the same period last year.

During the current year until 202002, 27, 44, 03, 26, 74 were the top five traded commodities exported to China from RUSSIA, with export values of 7124.6620 million, 404.3050 million, 295.2980 million, 262.1510 million, 228.3230 million. These values account for 76.61%, 4.35%, 3.18%, 2.82%, 2.46% of RUSSIA's total exports and were up 9.83%, down 16.66%, up 25.05%, up 43.41%, up 29.02% comparing to the same period of last year.

During the current year until 202002, 85, 84, 64, 87, 39 were RUSSIA's top five traded commodities importing from China , with import values of 2105.3780 million, 1835.8900 million, 399.8170 million, 306.9650 million, 263.0790 million. These values account for 25.94%, 22.62%, 4.93%, 3.78%, 3.24% of RUSSIA's total imports and were up 2.86%, down 0.56%, down 3.87%, down 0.42%, down 3.14% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Federal Customs Service of Russia