1.  Overview the trade of RUSSIA in goods current year until 202003

According to Dalian Infobank, in 202003, RUSSIA's exports and imports of goods amounted to 49569.0450 million, and were down 13.62% comparing with the same period of last year. Among these, exports were down 19.14% at 30085.0230 million, and imports were down 3.42% at 19484.0220 million. And the corresponding trade surplus was 10601.0010 million and down 37.76%.

During the current year until 202003, RUSSIA's total exports and imports of goods were 142963.2150 million and were down 9.58% comparing to the same period of last year. Among these, exports were 89522.7320 million and down 14.54%; imports were 53440.4830 million and up 0.15%. The total trade surplus was 36082.2490 million and down 29.79%.

If considering by country (region), CHINA, GERMANY, NETHERLANDS, UNITED STATES, BELARUS were RUSSIA's top five trading partners. During the current year until 202003, RUSSIA's imports and exports to five countries/territories were 24597.3520 million, 10833.9300 million, 8829.2790 million, 6692.0080 million, 6385.8800 million. These values correspond to 17.21%, 7.58%, 6.18%, 4.68%, 4.47% of RUSSIA's imports and exports, and, respectively, were down 2.58%, down 22.00%, down 31.64%, up 11.45%, down 17.65% comparing to the same period of last year.

Current year until 202003, RUSSIA and the top five trade partners CHINA, NETHERLANDS, GERMANY, TURKEY, BELARUS are the top five countries/territories that RUSSIA exports to in terms of the total export amount. During the current year until 202003, RUSSIA's exports to these five countries/territories were 13016.2140 million, 8011.6090 million, 5582.1500 million, 4409.7380 million, 3447.6200 million. These values correspond to 14.54%, 8.95%, 6.24%, 4.93%, 3.85% of RUSSIA's exports and, respectively, were down 1.04%, down 34.04%, down 36.97%, down 11.75%, down 29.42% comparing with the same period of last year.

Current year until 202003, RUSSIA's exports to top five countries/territories CHINA, GERMANY, UNITED STATES, BELARUS, FRANCE are the top five countries/territories that RUSSIA imports from in terms of the total export amount. During the current year until 202003, RUSSIA's imports from these five countries/territories were 11581.1380 million, 5251.7800 million, 3308.9800 million, 2938.2600 million, 2336.7460 million. These values correspond to 21.67%, 9.83%, 6.19%, 5.50%, 4.37% of RUSSIA's total imports and, respectively, were down 4.24%, up 4.36%, down 0.53%, up 2.39%, up 35.41% comparing with the same period of last year.

During the current year until 202003, the trade surplus of RUSSIA was mainly from NETHERLANDS, TURKEY, UNITED KINGDOM, KAZAKHSTAN, SOUTH KOREA at 7193.9390 million, 3198.3840 million, 2515.5710 million, 2122.3100 million, 1853.9150 million, and down 36.75%, down 18.32%, up 114.95%, up 35.43%, down 20.95%. And the trade deficits were mainly from FRANCE, VIETNAM, THAILAND, ECUADOR, IRELAND at 828.3130 million, 594.3130 million, 321.7220 million, 295.2940 million, 270.8950 million, and down 1111.30%, down 18.49%, up 106.94%, up 28.43%, up 10.17%.

Current year until 202003, RUSSIA's trade surplus or deficit with top five countries/territories During the current year until 202003,  commodities with hs2 codes, 27, SS, 84, 85, 87, were RUSSIA's top five traded commodities. They correspond to the import and export values of 48462.5930 million, 11080.2770 million, 10847.1030 million, 7204.9800 million, 5254.7890 million, which were down 13.84%, 0, up 7.01%, down 0.29%, down 13.67% comparing with the same period of last year and account for 33.90%, 7.75%, 7.59%, 5.04%, 3.68% of RUSSIA's total imports and exports.

During the current year until 202003, 27, SS, 71, 72, 10 were RUSSIA's top five traded commodities, with total import and export values of 48074.5520 million, 8661.2940 million, 4519.3990 million, 3953.0740 million, 1969.0050 million. These values correspond to 53.70%, 9.67%, 5.05%, 4.42%, 2.20% of RUSSIA's total exports and, respectively, were down 13.86%, 0, up 73.86%, down 20.74%, up 4.63% comparing to the same period of last year.

During the current year until 202003, 84, 85, 87, SS, 39 were RUSSIA's top five traded commodities, with total import values of 9308.7020 million, 6323.9410 million, 4671.4400 million, 2418.9830 million, 2129.5440 million. These values correspond to 17.42%, 11.83%, 8.74%, 4.53%, 3.98% of RUSSIA's total exports and, respectively, were up 6.12%, up 1.87%, down 14.23%, 0, up 1.07% comparing to the same period of last year.

2. Current year until 202003, RUSSIA binational trade profile

According to Dalian Infobank, during the current year until 202003, RUSSIA-China binational exports and imports of goods amounted to 24597.3520 million and were down 2.58% comparing with the same period of last year. Among these, exports from RUSSIA to China were 13016.2140 million and down 1.04%, imports from China to RUSSIA were 11581.1380 million and down 4.24%. The total binational trade surplus was 1435.0760 million and up 35.50%.

During the urrent year until 202003, commodities with hs2 code, 27, 85, 84, 44, 03, were binational trade's top five traded commodities. They correspond to import and export values of 9519.6000 million, 3003.1430 million, 2920.5660 million, 679.5650 million, 549.0830 million and makes up 38.70%, 12.21%, 11.87%, 2.76%, 2.23% of the total binational imports and exports. These values were also down 4.05%, down 1.25%, up 0.74%, down 16.91%, up 3.20% comparing to the same period last year.

During the current year until 202003, 27, 44, 03, 26, 15 were the top five traded commodities exported to China from RUSSIA, with export values of 9508.2130 million, 655.5880 million, 492.6960 million, 387.5350 million, 268.8090 million. These values account for 73.05%, 5.04%, 3.79%, 2.98%, 2.07% of RUSSIA's total exports and were down 3.71%, down 16.79%, up 8.84%, up 23.49%, up 371.99% comparing to the same period of last year.

During the current year until 202003, 85, 84, 64, 87, 29 were RUSSIA's top five traded commodities importing from China , with import values of 2970.6410 million, 2680.8910 million, 500.6130 million, 467.3880 million, 395.9480 million. These values account for 25.65%, 23.15%, 4.32%, 4.04%, 3.42% of RUSSIA's total imports and were down 1.63%, down 5.55%, down 5.73%, down 2.76%, up 3.50% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Federal Customs Service of Russia