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Monitor Report of RUSSIA trade and RUSSIA-China binational trade in 202109

 1.  Overview the trade of RUSSIA in goods current year until 202109

According to Dalian Infobank, in 202109RUSSIA's exports and imports of goods amounted to 69656.0878 million, and were up 36.86% comparing with the same period of last year. Among these, exports were up 44.54% at 45103.3205 million, and imports were up 24.68% at 24552.7673 million. And the corresponding trade surplus was 20550.5532 million and up 78.53%.

During the current year until 202109, RUSSIA's total exports and imports of goods were 552442.8494 million and were up 36.43% comparing to the same period of last year. Among these, exports were 341070.7607 million and up 41.50%; imports were 211372.0887 million and up 28.97%. The total trade surplus was 129698.6720 million and up 68.14%.

If considering by country (region), CHINA, GERMANY, NETHERLANDS, UNITED STATES, BELARUS were RUSSIA's top five trading partners. During the current year until 202109, RUSSIA's imports and exports to five countries/territories were 96099.6141 million, 40473.7190 million, 33188.1226 million, 26729.8807 million, 26591.5142 million. These values correspond to 17.40%, 7.33%, 6.01%, 4.84%, 4.81% of RUSSIA's imports and exports, and, respectively, were up 28.52%, up 38.09%, up 57.95%, up 49.10%, up 32.57% comparing to the same period of last year.

Current year until 202109, 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 202109, RUSSIA's exports to these five countries/territories were 45615.5137 million, 30026.0498 million, 20598.3307 million, 18633.7936 million, 15736.9186 million. These values correspond to 13.37%, 8.80%, 6.04%, 5.46%, 4.61% of RUSSIA's exports and, respectively, were up 27.83%, up 64.17%, up 58.57%, up 63.55%, down 1.22% comparing with the same period of last year.

Current year until 202109, RUSSIA's exports to top five countries/territories CHINA, GERMANY, UNITED STATES, BELARUS, SOUTH KOREA are the top five countries/territories that RUSSIA imports from in terms of the total export amount. During the current year until 202109, RUSSIA's imports from these five countries/territories were 50484.1005 million, 19875.3882 million, 13048.8564 million, 11224.4065 million, 9848.1458 million. These values correspond to 23.88%, 9.40%, 6.17%, 5.31%, 4.66% of RUSSIA's total imports and, respectively, were up 29.14%, up 21.79%, up 33.15%, up 24.64%, up 117.08% comparing with the same period of last year.

During the current year until 202109, the trade surplus of RUSSIA was mainly from NETHERLANDS, TURKEY, UNITED KINGDOM, KAZAKHSTAN, POLAND at 26863.9769 million, 13961.7028 million, 12764.9617 million, 7831.2024 million, 6551.5493 million, and up 72.57%, up 76.72%, down 5.78%, up 19.86%, up 80.55%. And the trade deficits were mainly from CHINA, FRANCE, VIETNAM, INDONESIA, IRELAND at 4868.5868 million, 2749.9750 million, 2377.1884 million, 1394.7105 million, 1249.7458 million, and up 42.79%, up 19.11%, up 25.83%, up 58.22%, up 32.83%.

Current year until 202109, RUSSIA's trade surplus or deficit with top five countries/territories During the current year until 202109,  commodities with hs2 codes, 27, SS, 84, 85, 72, were RUSSIA's top five traded commodities. They correspond to the import and export values of 146101.0971 million, 54196.5432 million, 45793.7560 million, 29336.3805 million, 26321.4691 million, which were up 32.80%, 0, up 26.83%, up 25.29%, up 82.04% comparing with the same period of last year and account for 26.45%, 9.81%, 8.29%, 5.31%, 4.76% of RUSSIA's total imports and exports.

During the current year until 202109, 27, SS, 71, 72, 76 were RUSSIA's top five traded commodities, with total import and export values of 144511.3790 million, 43572.6226 million, 22648.6688 million, 22010.2189 million, 12494.8134 million. These values correspond to 42.37%, 12.78%, 6.64%, 6.45%, 3.66% of RUSSIA's total exports and, respectively, were up 32.76%, 0, up 10.91%, up 88.13%, up 218.23% comparing to the same period of last year.

During the current year until 202109, 84, 85, 87, SS, 30 were RUSSIA's top five traded commodities, with total import values of 38783.2161 million, 25465.0882 million, 20078.8465 million, 10623.9206 million, 9565.0087 million. These values correspond to 18.35%, 12.05%, 9.50%, 5.03%, 4.53% of RUSSIA's total exports and, respectively, were up 26.43%, up 22.91%, up 63.26%, 0, up 31.41% comparing to the same period of last year.


2. Current year until 202109, RUSSIA binational trade profile

According to Dalian Infobank, during the current year until 202109, RUSSIA-China binational exports and imports of goods amounted to 96099.6141 million and were up 28.52% comparing with the same period of last year. Among these, exports from RUSSIA to China were 45615.5137 million and up 27.83%, imports from China to RUSSIA were 50484.1005 million and up 29.14%. The total binational trade deficit was 4868.5868 million and up 42.79%.

During the urrent year until 202109, commodities with hs2 code, 27, 84, 85, 26, 44, were binational trade's top five traded commodities. They correspond to import and export values of 28954.3932 million, 14017.2491 million, 13142.1458 million, 2956.6945 million, 2951.7602 million and makes up 30.13%, 14.59%, 13.68%, 3.08%, 3.07% of the total binational imports and exports. These values were also up 30.80%, up 35.94%, up 28.01%, up 72.08%, up 20.28% comparing to the same period last year.

During the current year until 202109, 27, 26, 44, 74, 84 were the top five traded commodities exported to China from RUSSIA, with export values of 28932.0957 million, 2951.5632 million, 2851.0307 million, 1611.7751 million, 1218.9711 million. These values account for 63.43%, 6.47%, 6.25%, 3.53%, 2.67% of RUSSIA's total exports and were up 30.89%, up 73.80%, up 19.84%, up 70.80%, up 12.53% comparing to the same period of last year.

During the current year until 202109, 85, 84, 87, 39, 29 were RUSSIA's top five traded commodities importing from China , with import values of 13011.7662 million, 12798.2780 million, 2920.8705 million, 2122.8044 million, 1562.3906 million. These values account for 25.77%, 25.35%, 5.79%, 4.20%, 3.09% of RUSSIA's total imports and were up 28.78%, up 38.69%, up 107.52%, up 56.15%, up 22.74% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Federal Customs Service of Russia