1. Overview the trade of RUSSIA in goods current year until 202112
According to Dalian Infobank, in 202112, RUSSIA's exports and imports of goods amounted to 86243.1524 million, and were up 43.88% comparing with the same period of last year. Among these, exports were up 58.87% at 56815.4788 million, and imports were up 21.71% at 29427.6737 million. And the corresponding trade surplus was 27387.8051 million and up 136.45%.
During the current year until 202112, RUSSIA's total exports and imports of goods were 785000.4127 million and were up 38.45% comparing to the same period of last year. Among these, exports were 491580.3320 million and up 46.54%; imports were 293420.0807 million and up 26.74%. The total trade surplus was 198160.2512 million and up 90.65%.
If considering by country (region), CHINA, GERMANY, NETHERLANDS, BELARUS, UNITED STATES were RUSSIA's top five trading partners. During the current year until 202112, RUSSIA's imports and exports to five countries/territories were 140704.4877 million, 56996.0233 million, 46439.5250 million, 38426.8968 million, 35018.0255 million. These values correspond to 17.92%, 7.26%, 5.92%, 4.90%, 4.46% of RUSSIA's imports and exports, and, respectively, were up 35.60%, up 35.90%, up 62.94%, up 34.74%, up 44.65% comparing to the same period of last year.
Current year until 202112, 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 202112, RUSSIA's exports to these five countries/territories were 68028.8707 million, 42155.3931 million, 29647.3825 million, 26511.6314 million, 22801.9543 million. These values correspond to 13.84%, 8.58%, 6.03%, 5.39%, 4.64% of RUSSIA's exports and, respectively, were up 39.22%, up 70.32%, up 59.95%, up 71.06%, up 42.93% comparing with the same period of last year.
Current year until 202112, 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 202112, RUSSIA's imports from these five countries/territories were 72675.6171 million, 27348.6407 million, 17270.6381 million, 15624.9425 million, 12985.4938 million. These values correspond to 24.77%, 9.32%, 5.89%, 5.33%, 4.43% of RUSSIA's total imports and, respectively, were up 32.38%, up 16.85%, up 30.29%, up 24.35%, up 81.56% comparing with the same period of last year.
During the current year until 202112, the trade surplus of RUSSIA was mainly from NETHERLANDS, TURKEY, UNITED KINGDOM, KAZAKHSTAN, POLAND at 37871.2611 million, 19998.4770 million, 17803.7470 million, 11334.4762 million, 10916.6056 million, and up 80.34%, up 92.48%, down 10.13%, up 26.04%, up 132.97%. And the trade deficits were mainly from CHINA, VIETNAM, FRANCE, INDONESIA, IRELAND at 4646.7464 million, 2650.5554 million, 2299.8260 million, 1943.7179 million, 1636.0320 million, and down 23.02%, up 9.40%, down 34.92%, up 58.96%, up 28.57%.
Current year until 202112, RUSSIA's trade surplus or deficit with top five countries/territories During the current year until 202112, 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 213780.0405 million, 87848.4292 million, 65040.7778 million, 42909.0225 million, 34797.2942 million, which were up 49.47%, 0, up 26.59%, up 24.24%, up 76.42% comparing with the same period of last year and account for 27.23%, 11.19%, 8.29%, 5.47%, 4.43% of RUSSIA's total imports and exports.
During the current year until 202112, 27, SS, 71, 72, 31 were RUSSIA's top five traded commodities, with total import and export values of 211508.6683 million, 73639.4094 million, 31586.4517 million, 28879.5017 million, 12484.4414 million. These values correspond to 43.03%, 14.98%, 6.43%, 5.87%, 2.54% of RUSSIA's total exports and, respectively, were up 49.66%, 0, up 4.07%, up 80.53%, up 78.49% comparing to the same period of last year.
During the current year until 202112, 84, 85, 87, SS, 30 were RUSSIA's top five traded commodities, with total import values of 54298.5862 million, 36786.2231 million, 26753.5408 million, 14209.0198 million, 13777.2947 million. These values correspond to 18.51%, 12.54%, 9.12%, 4.84%, 4.70% of RUSSIA's total exports and, respectively, were up 26.06%, up 21.86%, up 45.35%, 0, up 27.46% comparing to the same period of last year.
2. Current year until 202112, RUSSIA binational trade profile
According to Dalian Infobank, during the current year until 202112, RUSSIA-China binational exports and imports of goods amounted to 140704.4877 million and were up 35.60% comparing with the same period of last year. Among these, exports from RUSSIA to China were 68028.8707 million and up 39.22%, imports from China to RUSSIA were 72675.6171 million and up 32.38%. The total binational trade deficit was 4646.7464 million and down 23.02%.
During the urrent year until 202112, commodities with hs2 code, 27, 84, 85, 87, 44, were binational trade's top five traded commodities. They correspond to import and export values of 45255.1499 million, 20335.7830 million, 19459.1307 million, 4002.4766 million, 3735.5133 million and makes up 32.16%, 14.45%, 13.83%, 2.84%, 2.65% of the total binational imports and exports. These values were also up 55.14%, up 36.41%, up 27.42%, up 89.72%, up 17.14% comparing to the same period last year.
During the current year until 202112, 27, 26, 44, SS, 84 were the top five traded commodities exported to China from RUSSIA, with export values of 45216.3647 million, 3639.8360 million, 3594.6192 million, 2228.3030 million, 1901.7453 million. These values account for 66.47%, 5.35%, 5.28%, 3.28%, 2.80% of RUSSIA's total exports and were up 55.22%, up 49.30%, up 16.74%, 0, up 7.13% comparing to the same period of last year.
During the current year until 202112, 85, 84, 87, 39, 29 were RUSSIA's top five traded commodities importing from China , with import values of 19243.9331 million, 18434.0377 million, 3998.0091 million, 2949.2399 million, 2313.2839 million. These values account for 26.48%, 25.36%, 5.50%, 4.06%, 3.18% of RUSSIA's total imports and were up 28.03%, up 40.37%, up 91.23%, up 54.05%, up 31.27% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Federal Customs Service of Russia