1. Overview the trade of RUSSIA in goods current year until 202110
According to Dalian Infobank, in 202110, RUSSIA's exports and imports of goods amounted to 71156.8940 million, and were up 42.41% comparing with the same period of last year. Among these, exports were up 59.51% at 45604.9293 million, and imports were up 19.54% at 25551.9647 million. And the corresponding trade surplus was 20052.9646 million and up 177.96%.
During the current year until 202110, RUSSIA's total exports and imports of goods were 625555.0150 million and were up 37.52% comparing to the same period of last year. Among these, exports were 388292.7748 million and up 44.01%; imports were 237262.2401 million and up 28.06%. The total trade surplus was 151030.5347 million and up 79.05%.
If considering by country (region), CHINA, GERMANY, NETHERLANDS, BELARUS, UNITED STATES were RUSSIA's top five trading partners. During the current year until 202110, RUSSIA's imports and exports to five countries/territories were 112259.8988 million, 46120.6895 million, 37157.4990 million, 30731.3286 million, 29341.0330 million. These values correspond to 17.95%, 7.37%, 5.94%, 4.91%, 4.69% of RUSSIA's imports and exports, and, respectively, were up 34.22%, up 38.43%, up 61.14%, up 34.95%, up 47.17% comparing to the same period of last year.
Current year until 202110, RUSSIA and the top five trade partners CHINA, NETHERLANDS, GERMANY, TURKEY, BELARUS are the top five countries/territories that RUSSIA exports to in terms of the total export amount. During the current year until 202110, RUSSIA's exports to these five countries/territories were 54841.8351 million, 33627.5919 million, 23889.9604 million, 20640.8078 million, 18215.5220 million. These values correspond to 14.12%, 8.66%, 6.15%, 5.32%, 4.69% of RUSSIA's exports and, respectively, were up 39.17%, up 68.14%, up 62.60%, up 63.36%, up 44.82% comparing with the same period of last year.
Current year until 202110, 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 202110, RUSSIA's imports from these five countries/territories were 57418.0637 million, 22230.7291 million, 14397.3024 million, 12515.8066 million, 10674.9638 million. These values correspond to 24.20%, 9.37%, 6.07%, 5.28%, 4.50% of RUSSIA's total imports and, respectively, were up 29.82%, up 19.36%, up 32.29%, up 22.78%, up 108.67% comparing with the same period of last year.
During the current year until 202110, the trade surplus of RUSSIA was mainly from NETHERLANDS, TURKEY, UNITED KINGDOM, KAZAKHSTAN, POLAND at 30097.6849 million, 15388.5279 million, 14326.9624 million, 8976.7923 million, 7831.9744 million, and up 77.67%, up 77.49%, down 10.47%, up 22.41%, up 95.99%. And the trade deficits were mainly from FRANCE, CHINA, VIETNAM, INDONESIA, IRELAND at 2742.0163 million, 2576.2286 million, 2460.9875 million, 1572.1065 million, 1417.0980 million, and up 3.21%, down 46.59%, up 19.71%, up 54.06%, up 33.36%.
Current year until 202110, RUSSIA's trade surplus or deficit with top five countries/territories During the current year until 202110, 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 170579.5449 million, 63762.5356 million, 51997.0674 million, 33090.7860 million, 29114.9599 million, which were up 42.72%, 0, up 26.87%, up 23.61%, up 81.28% comparing with the same period of last year and account for 27.27%, 10.19%, 8.31%, 5.29%, 4.65% of RUSSIA's total imports and exports.
During the current year until 202110, 27, SS, 71, 72, 44 were RUSSIA's top five traded commodities, with total import and export values of 168767.4752 million, 52184.0313 million, 25649.7962 million, 24322.0051 million, 9817.8458 million. These values correspond to 43.46%, 13.44%, 6.61%, 6.26%, 2.53% of RUSSIA's total exports and, respectively, were up 42.79%, 0, up 6.70%, up 87.24%, up 44.61% comparing to the same period of last year.
During the current year until 202110, 84, 85, 87, SS, 30 were RUSSIA's top five traded commodities, with total import values of 44038.8825 million, 28725.9197 million, 22317.5611 million, 11578.5043 million, 10721.1579 million. These values correspond to 18.56%, 12.11%, 9.41%, 4.88%, 4.52% of RUSSIA's total exports and, respectively, were up 27.43%, up 21.32%, up 55.97%, 0, up 31.94% comparing to the same period of last year.
2. Current year until 202110, RUSSIA binational trade profile
According to Dalian Infobank, during the current year until 202110, RUSSIA-China binational exports and imports of goods amounted to 112259.8988 million and were up 34.22% comparing with the same period of last year. Among these, exports from RUSSIA to China were 54841.8351 million and up 39.17%, imports from China to RUSSIA were 57418.0637 million and up 29.82%. The total binational trade deficit was 2576.2286 million and down 46.59%.
During the urrent year until 202110, commodities with hs2 code, 27, 84, 85, 87, 26, were binational trade's top five traded commodities. They correspond to import and export values of 36186.6200 million, 16116.0311 million, 14861.0744 million, 3309.7484 million, 3287.1093 million and makes up 32.23%, 14.36%, 13.24%, 2.95%, 2.93% of the total binational imports and exports. These values were also up 49.30%, up 37.36%, up 25.91%, up 101.05%, up 69.45% comparing to the same period last year.
During the current year until 202110, 27, 26, 44, 74, 84 were the top five traded commodities exported to China from RUSSIA, with export values of 36161.1695 million, 3281.6091 million, 3078.2879 million, 1704.8149 million, 1371.4253 million. These values account for 65.94%, 5.98%, 5.61%, 3.11%, 2.50% of RUSSIA's total exports and were up 49.39%, up 70.97%, up 18.22%, up 63.07%, up 6.82% comparing to the same period of last year.
During the current year until 202110, 84, 85, 87, 39, 29 were RUSSIA's top five traded commodities importing from China , with import values of 14744.6059 million, 14713.0167 million, 3307.0279 million, 2380.6269 million, 1777.5663 million. These values account for 25.68%, 25.62%, 5.76%, 4.15%, 3.10% of RUSSIA's total imports and were up 41.11%, up 26.52%, up 103.21%, up 53.70%, up 25.61% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Federal Customs Service of Russia