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Monitor Report of RUSSIA trade and RUSSIA-China binational trade in 202012

 1.  Overview the trade of RUSSIA in goods current year until 202012

According to Dalian Infobank, in 202012RUSSIA's exports and imports of goods amounted to 59939.5450 million, and were down 2.65% comparing with the same period of last year. Among these, exports were down 8.02% at 35761.2680 million, and imports were up 6.57% at 24178.2770 million. And the corresponding trade surplus was 11582.9910 million and down 28.46%.

During the current year until 202012, RUSSIA's total exports and imports of goods were 566972.1320 million and were down 14.93% comparing to the same period of last year. Among these, exports were 335454.8130 million and down 20.65%; imports were 231517.3190 million and down 5.02%. The total trade surplus was 103937.4940 million and down 41.94%.

If considering by country (region), CHINA, GERMANY, BELARUS, NETHERLANDS, UNITED KINGDOM were RUSSIA's top five trading partners. During the current year until 202012, RUSSIA's imports and exports to five countries/territories were 103763.1130 million, 41940.4040 million, 28519.1190 million, 28501.8550 million, 26587.3900 million. These values correspond to 18.30%, 7.40%, 5.03%, 5.03%, 4.69% of RUSSIA's imports and exports, and, respectively, were down 6.45%, down 21.10%, down 14.47%, down 41.55%, up 53.61% comparing to the same period of last year.

Current year until 202012, 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 202012, RUSSIA's exports to these five countries/territories were 48863.2150 million, 24750.7890 million, 23198.7560 million, 18534.9250 million, 15953.6840 million. These values correspond to 14.57%, 7.38%, 6.92%, 5.53%, 4.76% of RUSSIA's exports and, respectively, were down 13.96%, down 44.74%, up 74.80%, down 33.92%, down 22.34% comparing with the same period of last year.

Current year until 202012, 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 202012, RUSSIA's imports from these five countries/territories were 54899.8980 million, 23405.4790 million, 13255.8820 million, 12565.4350 million, 10222.1390 million. These values correspond to 23.71%, 10.11%, 5.73%, 5.43%, 4.42% of RUSSIA's total imports and, respectively, were up 1.44%, down 6.77%, down 1.33%, down 1.83%, down 6.27% comparing with the same period of last year.

During the current year until 202012, the trade surplus of RUSSIA was mainly from NETHERLANDS, UNITED KINGDOM, TURKEY, KAZAKHSTAN, SOUTH KOREA at 20999.7230 million, 19810.1220 million, 10390.0240 million, 8992.7530 million, 5293.2060 million, and down 48.55%, up 114.49%, down 35.44%, up 6.06%, down 36.65%. And the trade deficits were mainly from CHINA, GERMANY, FRANCE, VIETNAM, UNITED STATES at 6036.6830 million, 4870.5540 million, 3533.6750 million, 2422.8840 million, 2302.2580 million, and down 326.24%, down 265.40%, up 67.46%, down 8.45%, up 839.48%.

Current year until 202012, RUSSIA's trade surplus or deficit with top five countries/territories During the current year until 202012,  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 143025.3820 million, 51377.3620 million, 47151.0760 million, 34536.6290 million, 31142.1520 million, which were down 35.80%, down 1.62%, 0, down 2.22%, up 90.76% comparing with the same period of last year and account for 25.23%, 9.06%, 8.32%, 6.09%, 5.49% of RUSSIA's total imports and exports.

During the current year until 202012, 27, SS, 71, 72, 10 were RUSSIA's top five traded commodities, with total import and export values of 141325.6190 million, 38060.3990 million, 30350.6410 million, 15997.2770 million, 9535.1170 million. These values correspond to 42.13%, 11.35%, 9.05%, 4.77%, 2.84% of RUSSIA's total exports and, respectively, were down 36.01%, 0, up 98.90%, down 11.82%, up 20.37% comparing to the same period of last year.

During the current year until 202012, 84, 85, 87, 30, 39 were RUSSIA's top five traded commodities, with total import values of 43074.1370 million, 30188.3440 million, 18406.2860 million, 10809.2850 million, 9336.1700 million. These values correspond to 18.61%, 13.04%, 7.95%, 4.67%, 4.03% of RUSSIA's total exports and, respectively, were down 0.37%, up 1.43%, down 22.46%, down 23.17%, down 5.02% comparing to the same period of last year.


2. Current year until 202012, RUSSIA binational trade profile

According to Dalian Infobank, during the current year until 202012, RUSSIA-China binational exports and imports of goods amounted to 103763.1130 million and were down 6.45% comparing with the same period of last year. Among these, exports from RUSSIA to China were 48863.2150 million and down 13.96%, imports from China to RUSSIA were 54899.8980 million and up 1.44%. The total binational trade deficit was 6036.6830 million and down 326.24%.

During the urrent year until 202012, 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 29170.6540 million, 15271.8130 million, 14907.7890 million, 3188.8790 million, 2613.3060 million and makes up 28.11%, 14.72%, 14.37%, 3.07%, 2.52% of the total binational imports and exports. These values were also down 26.65%, up 2.77%, up 4.37%, down 9.55%, up 22.48% comparing to the same period last year.

During the current year until 202012, 27, 44, 26, 74, 84 were the top five traded commodities exported to China from RUSSIA, with export values of 29131.1650 million, 3079.0480 million, 2438.0070 million, 1796.5050 million, 1775.2150 million. These values account for 59.62%, 6.30%, 4.99%, 3.68%, 3.63% of RUSSIA's total exports and were down 26.42%, down 9.42%, up 31.69%, up 63.23%, down 3.93% comparing to the same period of last year.

During the current year until 202012, 85, 84, 87, 39, 62 were RUSSIA's top five traded commodities importing from China , with import values of 15030.5390 million, 13132.5740 million, 2090.7090 million, 1914.4620 million, 1846.4310 million. These values account for 27.38%, 23.92%, 3.81%, 3.49%, 3.36% of RUSSIA's total imports and were up 4.60%, up 5.60%, down 5.89%, up 1.45%, up 26.54% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Federal Customs Service of Russia