1. Overview the trade of RUSSIA in goods current year until 202011
According to Dalian Infobank, in 202011, RUSSIA's exports and imports of goods amounted to 52030.6460 million, and were down 10.37% comparing with the same period of last year. Among these, exports were down 16.32% at 29974.3580 million, and imports were down 0.80% at 22056.2880 million. And the corresponding trade surplus was 7918.0700 million and down 41.72%.
During the current year until 202011, RUSSIA's total exports and imports of goods were 503479.5870 million and were down 16.77% comparing to the same period of last year. Among these, exports were 296632.2800 million and down 22.73%; imports were 206847.3070 million and down 6.43%. The total trade surplus was 89784.9730 million and down 44.86%.
If considering by country (region), CHINA, GERMANY, NETHERLANDS, BELARUS, UNITED KINGDOM were RUSSIA's top five trading partners. During the current year until 202011, RUSSIA's imports and exports to five countries/territories were 92273.5120 million, 37249.5670 million, 25448.5080 million, 25274.3670 million, 24399.5490 million. These values correspond to 18.33%, 7.40%, 5.05%, 5.02%, 4.85% of RUSSIA's imports and exports, and, respectively, were down 7.62%, down 23.07%, down 43.52%, down 17.47%, up 61.32% comparing to the same period of last year.
Current year until 202011, 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 202011, RUSSIA's exports to these five countries/territories were 42921.6910 million, 22069.2630 million, 21370.3020 million, 16255.0240 million, 14126.3040 million. These values correspond to 14.47%, 7.44%, 7.20%, 5.48%, 4.76% of RUSSIA's exports and, respectively, were down 15.73%, down 46.86%, up 86.64%, down 36.61%, down 24.80% comparing with the same period of last year.
Current year until 202011, 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 202011, RUSSIA's imports from these five countries/territories were 49351.8210 million, 20994.5430 million, 12184.5070 million, 11148.0630 million, 8997.7730 million. These values correspond to 23.86%, 10.15%, 5.89%, 5.39%, 4.35% of RUSSIA's total imports and, respectively, were up 0.81%, down 7.82%, down 1.42%, down 5.84%, down 8.16% comparing with the same period of last year.
During the current year until 202011, the trade surplus of RUSSIA was mainly from NETHERLANDS, UNITED KINGDOM, TURKEY, KAZAKHSTAN, SOUTH KOREA at 18690.0180 million, 18341.0550 million, 9162.0610 million, 8122.7600 million, 5124.1470 million, and down 50.81%, up 135.88%, down 38.02%, up 4.50%, down 35.26%. And the trade deficits were mainly from CHINA, GERMANY, FRANCE, UNITED STATES, VIETNAM at 6430.1300 million, 4739.5190 million, 3031.8460 million, 2375.5550 million, 2331.0610 million, and down 425.29%, down 265.35%, up 90.89%, up 520.64%, down 4.33%.
Current year until 202011, RUSSIA's trade surplus or deficit with top five countries/territories During the current year until 202011, 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 128468.9140 million, 45361.8230 million, 39381.0570 million, 30578.3340 million, 27995.4260 million, which were down 37.19%, down 3.01%, 0, down 3.62%, up 95.78% comparing with the same period of last year and account for 25.52%, 9.01%, 7.82%, 6.07%, 5.56% of RUSSIA's total imports and exports.
During the current year until 202011, 27, SS, 71, 72, 10 were RUSSIA's top five traded commodities, with total import and export values of 126971.7440 million, 31131.3320 million, 27329.1550 million, 14082.1280 million, 8526.4600 million. These values correspond to 42.80%, 10.49%, 9.21%, 4.75%, 2.87% of RUSSIA's total exports and, respectively, were down 37.37%, 0, up 104.77%, down 16.64%, up 17.83% comparing to the same period of last year.
During the current year until 202011, 84, 85, 87, 30, 39 were RUSSIA's top five traded commodities, with total import values of 38238.2680 million, 26969.6450 million, 16299.2920 million, 9357.8680 million, 8431.5400 million. These values correspond to 18.49%, 13.04%, 7.88%, 4.52%, 4.08% of RUSSIA's total exports and, respectively, were down 1.55%, up 0.66%, down 24.76%, down 27.93%, down 6.34% comparing to the same period of last year.
2. Current year until 202011, RUSSIA binational trade profile
According to Dalian Infobank, during the current year until 202011, RUSSIA-China binational exports and imports of goods amounted to 92273.5120 million and were down 7.62% comparing with the same period of last year. Among these, exports from RUSSIA to China were 42921.6910 million and down 15.73%, imports from China to RUSSIA were 49351.8210 million and up 0.81%. The total binational trade deficit was 6430.1300 million and down 425.29%.
During the urrent year until 202011, 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 25922.5190 million, 13573.3740 million, 13179.8540 million, 2924.6090 million, 2359.5190 million and makes up 28.09%, 14.71%, 14.28%, 3.17%, 2.56% of the total binational imports and exports. These values were also down 28.46%, up 2.17%, up 3.77%, down 8.86%, up 20.90% comparing to the same period last year.
During the current year until 202011, 27, 44, 26, 74, 03 were the top five traded commodities exported to China from RUSSIA, with export values of 25889.3910 million, 2826.6210 million, 2127.2430 million, 1567.7600 million, 1480.8780 million. These values account for 60.32%, 6.59%, 4.96%, 3.65%, 3.45% of RUSSIA's total exports and were down 28.23%, down 8.64%, up 33.74%, up 62.64%, down 4.24% comparing to the same period of last year.
During the current year until 202011, 85, 84, 87, 62, 39 were RUSSIA's top five traded commodities importing from China , with import values of 13380.0910 million, 11734.1230 million, 1836.3310 million, 1740.6330 million, 1716.6640 million. These values account for 27.11%, 23.78%, 3.72%, 3.53%, 3.48% of RUSSIA's total imports and were up 3.99%, up 5.04%, down 9.67%, up 29.53%, down 0.71% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Federal Customs Service of Russia