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Monitor Report of RUSSIA trade and RUSSIA-China binational trade in 202005

 1.  Overview the trade of RUSSIA in goods current year until 202005

According to Dalian Infobank, in 202005RUSSIA's exports and imports of goods amounted to 37895.4630 million, and were down 26.91% comparing with the same period of last year. Among these, exports were down 35.29% at 21147.5520 million, and imports were down 12.63% at 16747.9110 million. And the corresponding trade surplus was 4399.6410 million and down 67.44%.

During the current year until 202005, RUSSIA's total exports and imports of goods were 222244.3510 million and were down 16.94% comparing to the same period of last year. Among these, exports were 135203.1350 million and down 22.31%; imports were 87041.2160 million and down 6.97%. The total trade surplus was 48161.9190 million and down 40.14%.

If considering by country (region), CHINA, GERMANY, NETHERLANDS, UNITED STATES, BELARUS were RUSSIA's top five trading partners. During the current year until 202005, RUSSIA's imports and exports to five countries/territories were 39431.8170 million, 16271.5810 million, 12775.0780 million, 10653.1480 million, 10287.4100 million. These values correspond to 17.74%, 7.32%, 5.75%, 4.79%, 4.63% of RUSSIA's imports and exports, and, respectively, were down 7.04%, down 25.30%, down 42.13%, down 4.82%, down 22.74% comparing to the same period of last year.

Current year until 202005, RUSSIA and the top five trade partners CHINA, NETHERLANDS, GERMANY, UNITED KINGDOM, TURKEY are the top five countries/territories that RUSSIA exports to in terms of the total export amount. During the current year until 202005, RUSSIA's exports to these five countries/territories were 19585.3480 million, 11422.8650 million, 7597.4370 million, 6804.7480 million, 6566.6770 million. These values correspond to 14.49%, 8.45%, 5.62%, 5.03%, 4.86% of RUSSIA's exports and, respectively, were down 12.00%, down 44.66%, down 38.90%, up 84.13%, down 18.26% comparing with the same period of last year.

Current year until 202005, 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 202005, RUSSIA's imports from these five countries/territories were 19846.4690 million, 8674.1440 million, 5842.7650 million, 4646.5320 million, 3440.5370 million. These values correspond to 22.80%, 9.97%, 6.71%, 5.34%, 3.95% of RUSSIA's total imports and, respectively, were down 1.57%, down 7.21%, down 1.13%, down 7.44%, up 14.49% comparing with the same period of last year.

During the current year until 202005, the trade surplus of RUSSIA was mainly from NETHERLANDS, UNITED KINGDOM, TURKEY, KAZAKHSTAN, SOUTH KOREA at 10070.6520 million, 5500.2270 million, 4766.7780 million, 3282.1080 million, 2843.2620 million, and down 47.57%, up 156.29%, down 23.30%, up 13.22%, down 29.72%. And the trade deficits were mainly from FRANCE, GERMANY, UNITED STATES, VIETNAM, ECUADOR at 1215.5400 million, 1076.7070 million, 1032.3820 million, 775.4890 million, 500.8130 million, and up 456.16%, down 134.88%, up 64.64%, down 29.75%, up 17.20%.

Current year until 202005, RUSSIA's trade surplus or deficit with top five countries/territories During the current year until 202005,  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 66709.8520 million, 18257.0420 million, 17387.2630 million, 11456.4130 million, 9611.1270 million, which were down 29.37%, down 3.81%, 0, down 6.84%, up 101.05% comparing with the same period of last year and account for 30.02%, 8.21%, 7.82%, 5.15%, 4.32% of RUSSIA's total imports and exports.

During the current year until 202005, 27, SS, 71, 72, 10 were RUSSIA's top five traded commodities, with total import and export values of 66032.5380 million, 13127.0800 million, 9359.4850 million, 6556.2290 million, 3469.1370 million. These values correspond to 48.84%, 9.71%, 6.92%, 4.85%, 2.57% of RUSSIA's total exports and, respectively, were down 29.49%, 0, up 111.78%, down 19.96%, up 23.96% comparing to the same period of last year.

During the current year until 202005, 84, 85, 87, SS, 30 were RUSSIA's top five traded commodities, with total import values of 15501.0310 million, 10111.3760 million, 6694.5390 million, 4260.1830 million, 3581.1030 million. These values correspond to 17.81%, 11.62%, 7.69%, 4.89%, 4.11% of RUSSIA's total exports and, respectively, were down 2.91%, down 4.23%, down 31.10%, 0, down 19.09% comparing to the same period of last year.


2. Current year until 202005, RUSSIA binational trade profile

According to Dalian Infobank, during the current year until 202005, RUSSIA-China binational exports and imports of goods amounted to 39431.8170 million and were down 7.04% comparing with the same period of last year. Among these, exports from RUSSIA to China were 19585.3480 million and down 12.00%, imports from China to RUSSIA were 19846.4690 million and down 1.57%. The total binational trade deficit was 261.1210 million and down 112.47%.

During the urrent year until 202005, commodities with hs2 code, 27, 84, 85, 44, 39, were binational trade's top five traded commodities. They correspond to import and export values of 12971.9760 million, 5200.4010 million, 4998.7010 million, 1274.9630 million, 899.7790 million and makes up 32.90%, 13.19%, 12.68%, 3.23%, 2.28% of the total binational imports and exports. These values were also down 21.22%, down 1.64%, down 1.16%, down 14.47%, up 11.37% comparing to the same period last year.

During the current year until 202005, 27, 44, 03, 26, 84 were the top five traded commodities exported to China from RUSSIA, with export values of 12952.9230 million, 1236.5200 million, 770.9750 million, 623.0720 million, 517.8050 million. These values account for 66.14%, 6.31%, 3.94%, 3.18%, 2.64% of RUSSIA's total exports and were down 20.92%, down 14.32%, down 3.42%, up 32.99%, up 4.44% comparing to the same period of last year.

During the current year until 202005, 85, 84, 87, 29, 39 were RUSSIA's top five traded commodities importing from China , with import values of 4917.5010 million, 4682.5960 million, 743.7570 million, 736.2170 million, 702.6260 million. These values account for 24.78%, 23.59%, 3.75%, 3.71%, 3.54% of RUSSIA's total imports and were down 1.69%, down 2.27%, down 14.83%, up 5.75%, down 5.87% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Federal Customs Service of Russia