1. Overview the trade of RUSSIA in goods current year until 202004
According to Dalian Infobank, in 202004, RUSSIA's exports and imports of goods amounted to 41385.6730 million, and were down 28.17% comparing with the same period of last year. Among these, exports were down 32.95% at 24532.8510 million, and imports were down 19.86% at 16852.8220 million. And the corresponding trade surplus was 7680.0290 million and down 50.64%.
During the current year until 202004, RUSSIA's total exports and imports of goods were 184348.8880 million and were down 14.55% comparing to the same period of last year. Among these, exports were 114055.5830 million and down 19.30%; imports were 70293.3050 million and down 5.51%. The total trade surplus was 43762.2780 million and down 34.64%.
If considering by country (region), CHINA, GERMANY, NETHERLANDS, UNITED STATES, BELARUS were RUSSIA's top five trading partners. During the current year until 202004, RUSSIA's imports and exports to five countries/territories were 31771.2710 million, 13458.2430 million, 10947.9850 million, 8858.8560 million, 8215.3550 million. These values correspond to 17.23%, 7.30%, 5.94%, 4.81%, 4.46% of RUSSIA's imports and exports, and, respectively, were down 6.74%, down 26.38%, down 38.32%, up 4.84%, down 23.61% comparing to the same period of last year.
Current year until 202004, 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 202004, RUSSIA's exports to these five countries/territories were 16369.2220 million, 9857.8270 million, 6520.0160 million, 5735.4850 million, 5332.8990 million. These values correspond to 14.35%, 8.64%, 5.72%, 5.03%, 4.68% of RUSSIA's exports and, respectively, were down 8.54%, down 40.71%, down 40.43%, down 13.61%, up 81.51% comparing with the same period of last year.
Current year until 202004, RUSSIA's exports to top five countries/territories CHINA, GERMANY, UNITED STATES, BELARUS, ITALY are the top five countries/territories that RUSSIA imports from in terms of the total export amount. During the current year until 202004, RUSSIA's imports from these five countries/territories were 15402.0490 million, 6938.2270 million, 4746.3580 million, 3770.6720 million, 2845.1160 million. These values correspond to 21.91%, 9.87%, 6.75%, 5.36%, 4.05% of RUSSIA's total imports and, respectively, were down 4.76%, down 5.42%, up 3.21%, down 5.62%, down 6.05% comparing with the same period of last year.
During the current year until 202004, the trade surplus of RUSSIA was mainly from NETHERLANDS, UNITED KINGDOM, TURKEY, KAZAKHSTAN, SOUTH KOREA at 8767.6690 million, 4235.4930 million, 4222.9610 million, 2655.8160 million, 2613.9790 million, and down 43.45%, up 147.51%, down 17.90%, up 16.15%, down 17.93%. And the trade deficits were mainly from FRANCE, VIETNAM, UNITED STATES, GERMANY, ECUADOR at 901.6670 million, 636.8280 million, 633.8600 million, 418.2110 million, 405.7930 million, and up 1492.77%, down 32.08%, down 15.24%, down 111.59%, up 22.43%.
Current year until 202004, RUSSIA's trade surplus or deficit with top five countries/territories During the current year until 202004, commodities with hs2 codes, 27, 84, SS, 85, 71, were RUSSIA's top five traded commodities. They correspond to the import and export values of 57998.4620 million, 14599.5860 million, 14157.1680 million, 9264.9160 million, 7760.1430 million, which were down 23.85%, down 0.81%, 0, down 5.94%, up 105.60% comparing with the same period of last year and account for 31.46%, 7.92%, 7.68%, 5.03%, 4.21% of RUSSIA's total imports and exports.
During the current year until 202004, 27, SS, 71, 72, 10 were RUSSIA's top five traded commodities, with total import and export values of 57468.7190 million, 10946.0420 million, 7527.4440 million, 5158.9540 million, 3269.0430 million. These values correspond to 50.39%, 9.60%, 6.60%, 4.52%, 2.87% of RUSSIA's total exports and, respectively, were down 23.92%, 0, up 114.88%, down 22.14%, up 32.39% comparing to the same period of last year.
During the current year until 202004, 84, 85, 87, SS, 39 were RUSSIA's top five traded commodities, with total import values of 12413.2440 million, 8183.9540 million, 5721.6320 million, 3211.1260 million, 2877.0840 million. These values correspond to 17.66%, 11.64%, 8.14%, 4.57%, 4.09% of RUSSIA's total exports and, respectively, were down 0.90%, down 3.11%, down 26.10%, 0, down 3.61% comparing to the same period of last year.
2. Current year until 202004, RUSSIA binational trade profile
According to Dalian Infobank, during the current year until 202004, RUSSIA-China binational exports and imports of goods amounted to 31771.2710 million and were down 6.74% comparing with the same period of last year. Among these, exports from RUSSIA to China were 16369.2220 million and down 8.54%, imports from China to RUSSIA were 15402.0490 million and down 4.76%. The total binational trade surplus was 967.1730 million and down 43.95%.
During the urrent year until 202004, commodities with hs2 code, 27, 84, 85, 44, 03, were binational trade's top five traded commodities. They correspond to import and export values of 11296.5860 million, 4050.0580 million, 3969.6400 million, 972.3290 million, 733.6310 million and makes up 35.56%, 12.75%, 12.49%, 3.06%, 2.31% of the total binational imports and exports. These values were also down 14.45%, down 2.47%, down 2.56%, down 16.27%, down 8.47% comparing to the same period last year.
During the current year until 202004, 27, 44, 03, 26, 84 were the top five traded commodities exported to China from RUSSIA, with export values of 11281.8790 million, 941.6780 million, 663.3830 million, 516.2390 million, 421.7990 million. These values account for 68.92%, 5.75%, 4.05%, 3.15%, 2.58% of RUSSIA's total exports and were down 14.18%, down 16.15%, down 5.42%, up 29.67%, up 30.43% comparing to the same period of last year.
During the current year until 202004, 85, 84, 87, 29, 64 were RUSSIA's top five traded commodities importing from China , with import values of 3909.1230 million, 3628.2590 million, 594.1550 million, 551.6090 million, 549.4310 million. These values account for 25.38%, 23.56%, 3.86%, 3.58%, 3.57% of RUSSIA's total imports and were down 3.06%, down 5.24%, down 13.65%, up 0.36%, down 7.30% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Federal Customs Service of Russia