1. Overview the trade of RUSSIA in goods current year until 202010
According to Dalian Infobank, in 202010, RUSSIA's exports and imports of goods amounted to 49931.7750 million, and were down 17.10% comparing with the same period of last year. Among these, exports were down 23.07% at 28570.7820 million, and imports were down 7.51% at 21360.9930 million. And the corresponding trade surplus was 7209.7890 million and down 48.66%.
During the current year until 202010, RUSSIA's total exports and imports of goods were 451448.9410 million and were down 17.45% comparing to the same period of last year. Among these, exports were 266657.9220 million and down 23.39%; imports were 184791.0190 million and down 7.06%. The total trade surplus was 81866.9030 million and down 45.15%.
If considering by country (region), CHINA, GERMANY, NETHERLANDS, BELARUS, UNITED KINGDOM were RUSSIA's top five trading partners. During the current year until 202010, RUSSIA's imports and exports to five countries/territories were 82848.6450 million, 33056.4180 million, 22889.8470 million, 22545.5550 million, 21436.2630 million. These values correspond to 18.35%, 7.32%, 5.07%, 4.99%, 4.75% of RUSSIA's imports and exports, and, respectively, were down 7.67%, down 24.54%, down 44.73%, down 18.39%, up 62.95% comparing to the same period of last year.
Current year until 202010, RUSSIA and the top five trade partners CHINA, NETHERLANDS, UNITED KINGDOM, GERMANY, BELARUS are the top five countries/territories that RUSSIA exports to in terms of the total export amount. During the current year until 202010, RUSSIA's exports to these five countries/territories were 38655.7700 million, 19835.2820 million, 18718.1510 million, 14445.8300 million, 12528.3630 million. These values correspond to 14.50%, 7.44%, 7.02%, 5.42%, 4.70% of RUSSIA's exports and, respectively, were down 15.75%, down 48.18%, up 89.23%, down 38.09%, down 25.90% comparing with the same period of last year.
Current year until 202010, 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 202010, RUSSIA's imports from these five countries/territories were 44192.8750 million, 18610.5880 million, 10916.4160 million, 10017.1920 million, 7950.1130 million. These values correspond to 23.92%, 10.07%, 5.91%, 5.42%, 4.30% of RUSSIA's total imports and, respectively, were up 0.79%, down 9.09%, down 2.80%, down 6.56%, down 8.41% comparing with the same period of last year.
During the current year until 202010, the trade surplus of RUSSIA was mainly from NETHERLANDS, UNITED KINGDOM, TURKEY, KAZAKHSTAN, SOUTH KOREA at 16780.7170 million, 16000.0390 million, 8397.3460 million, 7324.6010 million, 5087.5200 million, and down 52.24%, up 141.40%, down 39.24%, up 6.83%, down 31.42%. And the trade deficits were mainly from CHINA, GERMANY, FRANCE, VIETNAM, UNITED STATES at 5537.1050 million, 4164.7580 million, 2751.1760 million, 2055.1170 million, 1902.0620 million, and down 372.33%, down 245.52%, up 117.91%, down 5.26%, up 310.47%.
Current year until 202010, RUSSIA's trade surplus or deficit with top five countries/territories During the current year until 202010, 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 117639.1300 million, 40854.3100 million, 34117.0930 million, 26722.8260 million, 24571.6180 million, which were down 37.04%, down 2.90%, 0, down 4.79%, up 103.44% comparing with the same period of last year and account for 26.06%, 9.05%, 7.56%, 5.92%, 5.44% of RUSSIA's total imports and exports.
During the current year until 202010, 27, SS, 71, 72, 10 were RUSSIA's top five traded commodities, with total import and export values of 116314.6770 million, 26647.9300 million, 23978.4360 million, 12981.8560 million, 7441.3030 million. These values correspond to 43.62%, 9.99%, 8.99%, 4.87%, 2.79% of RUSSIA's total exports and, respectively, were down 37.19%, 0, up 113.53%, down 16.42%, up 13.23% comparing to the same period of last year.
During the current year until 202010, 84, 85, 87, 30, 39 were RUSSIA's top five traded commodities, with total import values of 34400.6660 million, 23646.5900 million, 14297.0170 million, 8118.9320 million, 7607.0150 million. These values correspond to 18.62%, 12.80%, 7.74%, 4.39%, 4.12% of RUSSIA's total exports and, respectively, were down 1.60%, up 0.03%, down 27.34%, down 24.92%, down 7.14% comparing to the same period of last year.
2. Current year until 202010, RUSSIA binational trade profile
According to Dalian Infobank, during the current year until 202010, RUSSIA-China binational exports and imports of goods amounted to 82848.6450 million and were down 7.67% comparing with the same period of last year. Among these, exports from RUSSIA to China were 38655.7700 million and down 15.75%, imports from China to RUSSIA were 44192.8750 million and up 0.79%. The total binational trade deficit was 5537.1050 million and down 372.33%.
During the urrent year until 202010, commodities with hs2 code, 27, 85, 84, 44, 39, were binational trade's top five traded commodities. They correspond to import and export values of 23741.5170 million, 11796.2560 million, 11733.4540 million, 2696.3920 million, 2146.8680 million and makes up 28.66%, 14.24%, 14.16%, 3.25%, 2.59% of the total binational imports and exports. These values were also down 27.52%, up 2.19%, up 3.80%, down 8.40%, up 21.58% comparing to the same period last year.
During the current year until 202010, 27, 44, 26, 03, 84 were the top five traded commodities exported to China from RUSSIA, with export values of 23708.8310 million, 2610.0730 million, 1910.3200 million, 1357.2960 million, 1285.8750 million. These values account for 61.33%, 6.75%, 4.94%, 3.51%, 3.33% of RUSSIA's total exports and were down 27.27%, down 8.11%, up 38.96%, down 5.58%, down 5.90% comparing to the same period of last year.
During the current year until 202010, 85, 84, 62, 87, 39 were RUSSIA's top five traded commodities importing from China , with import values of 11622.4500 million, 10447.5790 million, 1662.2610 million, 1624.6280 million, 1547.1810 million. These values account for 26.30%, 23.64%, 3.76%, 3.68%, 3.50% of RUSSIA's total imports and were up 4.21%, up 5.14%, up 32.52%, down 12.54%, down 1.76% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Federal Customs Service of Russia