Russia exports. 5 billion with Russia in 2022, down 36.

Russia exports Furthermore, Russia supplied 372 million TIV of arms exports to China in that year. China was the largest market for exports from Russia in 2021 ($ 68 billion or 13. exports to Russia have fallen 91% and imports 85% when comparing the first 11 months of 2023 with the same time period in 2021. Government Export Control 2021 3 II. 00 USD Million in the first quarter of 1994. 8% over the same period last year, according to the Russian Federal Customs Service (FCS). 4 percent, according to the International Monetary Fund, a much smaller contraction than the 8. 4 billion, an increase of 42. [30] Russia was the last major economy Total Russian exports increased in value by 14. 18B), Turkey ($6. Census Russian oil has also been trading at a discount to global benchmarks because of a G7-led price cap on permitted Russian exports of oil and refined petroleum products imposed in December and Russian residual fuel oil volumes lifted by the newly sanctioned fleet accounted for 15% of all Russian residual fuel oil exports in 2024. 60B, a 26. Russia’s seaborne crude exports saw their biggest drop since November last week after outgoing US President Joe Biden imposed sweeping sanctions on the country’s oil trade, with early signs Russia's overall export volume fell by almost a third (28. Over the past 5 years the exports of Russia to Pakistan have increased at an annualized rate of 10. Russia exports for 2022 was $635. source: The Cntl. 5 percent it expected in April Russian arms exports fell by 53% between 2014–18 and 2019–23. Coat of Arms of Russia: Economy. Other leading exports are natural gas, timber, fertilizers, machinery and equipment, armaments. See also Russia’s Top 10 Imports , Russia’s Top 10 Exports , Top Russian Trade Balances and Russia’s Top 10 Major Export Companies , and Russia’s Top 100 Consumer Product Exports Russia’s natural gas exports were LNG transported by ships and 83% were non-LNG transported by pipelines. Russia exports for 2023 was $466. dollars, based on data from 48 countries. Government Filing Requirements In 2021, of the $6. 4 percent from 2021. 0% were exported under a BIS license. 14B), and Refined Petroleum ($1. 6M), and Copper Wire ($70M). Russia’s Role in the Global Economy Russia's oil shipments via the Baltic Sea declined 10% over the final four months of 2024 due to the impact of EU sanctions against Russian oil and gas exports, the Finnish Border Guard has reported. Russia was the world’s second-highest dry natural gas producer and exporter, the third-highest crude oil and condensate producer, and the third-highest coal exporter in 2022. 50 USD Million in December of 2021 and a record low of 34. Among the top 100 consumer products exported by the Russian Federation, 30 generated more revenues from in 2022 compared to 2021. The top five countries to which RUSSIA imported goods 2021 along with the share in percentage are. 1% from 2023, two market sources told Reuters, citing export data. Thematic data tables from WDI. 5 billion with Russia in 2022, down 36. 84% decline from 2019. The main products that Russia exported to Brazil were Potassic Fertilizers ($2. Increasing supply-side constraints, including a decrease in the availability of spare production capacity and labour resources, mainly caused this deceleration. 100 Cub m mn in Dec 2023; This records an increase from the previous number of 169,940. 4 Russian Federation exports, imports, tariff by year. Top buyers are China and the Netherlands. 02 in thousands of US$ leading to a positive trade balance of 198,816,662. This change increases our tracker’s estimate of exports from Russia to the world by EUR 77. However, the momentum weakened in the second half of the year. In 2020, 78% of Russian natural gas exports went to Europe, including Turkey, 11% went to Asia, and 11% went elsewhere. 📦 Trade, Complexity, and Rankings Updated to 2020 Exports | Imports Russian Gas Exports in 2023 In 2023, Russia exported an estimated 142 bcm of gas, down sharply from around 244 bcm in 2021. ; At the HS6 digit level, 4,244 products were exported to 192 countries and 4,447 products were imported from 217 countries. 03B). 59%, from $347M in 2017 to In 2013, Russian exports amounted to $526 billion. Economic overview. 2% compared to $1. 05B), Egypt ($1. ; The total value of imports (CIF) was 293,497 million. It is also a big exporter of semi-finished iron – this includes iron bars and other items used to make iron products – with sales worth just under $7 billion in 2019, and a large supplier of nickel ($4. Russia exports for 2020 was $381. In the first decades of the Soviet regime, these resources made possible great economic advances, including the rapid development of mining, metallurgy, and heavy engineering, the Exports In 2022, Russia exported $18. The sanctions imposed by Western countries on Russia have Russia’s invasion of Ukraine triggered unprecedented sanctions, causing an initial GDP drop. 85 million barrels a day, comprising 1. Merchandise Trade summary statistics for Russian Federation (RUS) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year 2024 According to the Russia export data, Russia exported goods worth $423. Energy is the most important sector in Russia’s economy, and natural gas is a key resource. (free on board) basis. Total Russian exports of all fuels including fuel oil, diesel, naphtha and jet kerosene stood at 113. 74B in Raw Nickel, making it the 3rd largest exporter of Raw Nickel in the world. ; At the HS6 digit level, 4,385 products were exported to 198 countries and 4,426 products were imported from 224 countries. Other important directions of merchandise exports from Russia in 2021: 8. 67B), Kazakhstan ($2. Although sanctions are a foreign policy tool deployed in several contexts, the coordinated sanctions on Russia are significant to the global economy due to the size of Russia’s economy—before the war, the 11th largest in 2021 The economy of Russia it's exports and custom graphs are provided. 80B, a 44. [1] It has the sixth largest oil reserves, and is one of the largest The severest decliners among Russia’s top 10 import categories were fruits and nuts (down -16. Exports on Nord Stream 1 declined to 1. Russia’s mineral fuel exports to the EU have declined from a peak in February 2022. Russian revenues from coal exports fell by 26% (EUR 12 mn per day). This included about 99 bcm of pipeline gas to Europe, FSU countries, and China, and around 44 bcm of LNG globally (see Figure 1). Average Russian oil exports by country and region, 2021-2023 - Chart and data by the International Energy Agency. Factors That Can Impact Russian Gas Exports by Country. 07B, a 20. At the same year, Metals was the 2nd most exported product in Russia. Russia Imports By Country - was last updated on Sunday, January 19, 2025. 60 USD Million in November of 2021. Russia Exports to South Africa - data, historical chart and statistics - was last updated on January of 2025. Over the past 5 years the exports of Russia to Brazil have increased at an annualized rate of 19. 5 percent in 2022, less than initially expected thanks to the strong fiscal response and the surge in energy prices which helped increase fiscal revenues. Russia's export business Despite a drop in 2009 and 2010, probably due to the global economic crisis, the value of total Russian exports has fully recovered and even reached a new peak in 2012 Russia Total Exports recorded 36. CSV XML EXCEL. Russia Exports By Country,exports By Country - was last updated on Friday, December 27, 2024. Merchandise trade statistics RUSSIA (RUSSIA) exports and imports, with partner countries including number of products, Partner share, Share in total products, MFN and Effectively Applied Tariffs, duty free imports, dutiable imports, and free lines and Russia Exports 44,500 45,500 1,000 Ukraine Exports 16,000 16,800 800 United States Exports 21,500 21,000 -500 Uzbekistan Exports 1,000 1,200 200 Global Market Analysis. RUSSIA exports to Belarus worth US$ 23,130 million, with a partner share of 4. The following are some key examples to keep in mind, especially in light of recent world events like the Russia-Ukraine conflict. [5] Due to a volatile currency exchange rate, its GDP measured in nominal terms fluctuates sharply. Lost investment, export controls, and constraints on Russia’s real economy will create a drag on Russia’s growth prospects for years to come. o 6. 4 Bcf/d in 2020, and 10. By 2016, this figure had dropped to $281 billion, before rising to $450 billion in 2018 and then sinking again to $336 billion in 2020. At the same year, Wheat was the 12th most exported product in Russia. 36% (26 billion) - Turkey The Primorsk port also stands out as the highest contributor to oil exports in Russia. Russia's total energy revenue plummeted by nearly a quarter in Russian Exports - National information Portal is a business platform for foreign trade professionals interested in collecting accurate Russian market data and starting exports to Russia. In comparison, the world average is 665. Over the past year, global grain and oilseed markets have been roiled by the ongoing military conflict in Ukraine. 5 percent). 43 Billion during 2021, according to the United Nations COMTRADE database on international trade. Russian exports in the first ten months of 2021 totaled $388. dollars in 2021. c. 4 Bcf/d in July, only 20% of its design capacity of 5. 33 crude oil conversion ratio of ton-to-barrel is used. For Estonia, Poland, Slovakia and Finland, more than 75% of their imports of petroleum oils Russia main imports are: machinery, equipment and transport (45 percent of total imports), chemical products (19 percent) and foodstuffs and agricultural products (14. Exports In 2022, Russia exported $46. Find the latest trade statistics and economic complexity data for Russia. Price Level of USA Output-side GDP in 2017=1, Annual, Not Seasonally Adjusted 1990 to 2019 (2021-11-08) National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Russia . The country's economy is strongly dependent on energy exports. At this rate, economists say, if the US continues the strict sanctions launched by President Joe Biden’s administration, and by his Western allies in the EU and the UK, especially, Russia will be forced to abandon its gambit in Ukraine. At the same year, Fertilizers was the 4th most exported product in Russia. 6 billion in September of 2024 from $15. [25] 30% of the EU's petroleum oil imports and 39% of total gas imports came from Russia in 2017. completely banned energy imports from Russia, while European countries pledged to reduce their reliance on Russian gas by diversifying Russia’s natural gas exports to the EU and the UK averaged 16. Gain competitive insights from the Russian market through our Russia Import Export Database. At the same year, Raw Nickel was the 18th most exported product in Russia. The foreign countries receive from Russia over 300 million tons of oil and approximately 250 billion cubic meters of gas. The main destination of Wheat exports from Russia are: Turkey ($2. All Countries and Economies. The main destination of Metals exports from Russia are: China ($7. At the same year, Nickel Ore was the 74th most exported product in Russia. 68 in Russia exports for 2023 was $466. 4 bn (+2. 1 million barrels of gas oil, 650,000 barrels of fuel oil, half a million barrels a day of naphtha and 280,000 barrels a day of vacuum gas oil. 3 percent this year. 04B in 2017 to $7. These fluctuations correlate with Europe is Russia’s main market for its oil and natural gas exports, and by extension, Europe is its main source for revenues. Russia is the world's largest exporter of natural gas and the second largest exporter of oil. Exports of Total Usd in Russia averaged 74041. Key information about Russia Natural Gas: Exports. e. Compare RUSSIA's trade performance with the world and other countries using See the historical data and trends of Russia's exports of goods and services from 1960 to 2024. The continued growth of the Russian economy is resulting in high demands for energy thus prompting the increase of oil production. The most significant decline in Russia’s exports has been into Germany via the Nord Stream 1 pipeline. 53% decline from 2022. The operations include 50 major oil extraction firms for direct loading transfers. The fastest cashflow increases were garnered by But Russia is also the world’s largest exporter of wheat, bringing in $8. The total value of exports (FoB) was 492,314 million. 8 bn (+18% increase) and the exports to the EU by EUR 12. Figure 1. Russian oil exporters have managed to reduce these Asian discounts. ALEXANDER NEMENOV/Getty Images. Russia’s trade surplus narrowed to $12. 9 billion in 2023. Total trade is down 86%, according to the latest U. , Section 232 of the Trade Expansion Act The Russian blockade of the Ukrainian Black Sea ports undermined Ukrainian export prospects—allowing Ukraine to export grain via rail, trucks, and barges only. 8% increase). M. Overall, America incurred a -$4. Exports In 2022, Russia exported $2. 01. Exports and imports of RUSSIA in 2020 are below, along with number of countries and products. Natural gas. Discover top Russia imports and exports by country, Russian buyers list, Russian suppliers list from our Russia Trade Data 2023-24. Factbook > Countries > Russia > Economy. 67B), Azerbaijan ($294M), Kazakhstan ($286M), and Pakistan ($278M). Russia natural gas production (red) and exports (black). China imported nearly 25%, or 63 MMst, while South Korea, Japan, and Taiwan together received about 22% of Russia’s coal exports. 7M). 22 Million during 2021, according to the United Nations COMTRADE database on international trade. See the top exports, imports, and trade partners of Russia in 2022, as well as the potential exports and Find out the top 20 export products of Russia in 2019, based on data from the International Trade Centre. 3 USD bn in Oct 2024, compared with 40. 68 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Russian Federation is 4. We have also changed how we receive protection and U. Russia’s exports of petroleum products for this period totalled 2. 73 Billion during 2021, according to the United Nations COMTRADE database on international trade. The end result is that Russia’s economy is expected to shrink by 3. It mainly exports hydrocarbons (around 40% of total exports), coal, gold, and iron; while imports are driven by telephones (3. About 60% of Russia’s oil exports go to OECD Europe, and another 20% go to China. Russia Grain and Oilseed Exports Expand The Black Sea region is a significant supplier of agricultural commodities to the world. 3 billion). Where Russian exports go. In the second quarter of 2023, Urals oil prices rebounded to $55–58 per The greater part of Russian exports belongs to oil and petroleum products. 31B), India ($2. 9%), parts and accessories for tractors and motor vehicles (3. The 2024 export figure would amount to approximately 2. [1] Exports in billion USD Rank Country Export (2017) 1. The number of countries purchasing major Russian arms dropped from 31 in 2019 to 12 in 2023. From December 2022 through March 2023, for example, Russia’s average monthly Urals crude-export prices have fallen to $48–50 per barrel due to the steep price discounts demanded by Asian consumers. Exports to United States CMLV in Russia increased to 17537. 13 Billion during 2021, according to the United Nations COMTRADE database on international trade. Source Merchandise Trade summary statistics data for RUSSIA (RUSSIA) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year Russia Exports to Turkey was US$26. Russia’s top 100 exports were worth a subtotal of US$488 billion, or 99. Bank of The Russian Federation Russia exports for 2023 was $466. See the latest data and analysis on the impact of the Ukraine crisis on international trade. 56 million U. 02% (29 billion) - Germany ; 5. , terrorism, currency devaluations, trade agreements. 73B), United States ($1. Seaborne exports of agricultural commodities from Russia fell at the start of the invasion and those from Ukraine have come to a halt. Phone devices including smartphones: -US-$11 billion (Up 22% since 2020) Russia's leading five export partners in 2023 were China, India, Turkey, Kazakhstan, and Brazil. 2%), and vehicles (2. This is a list of the largest trading partners of Russia based on data from The Observatory of Economic Complexity (OEC). 2 percent in that year. Price Level of Exports for Russian Federation . Russian Federation had a total export of 492,313,790. The United States had a services trade surplus of an estimated $1. Historically, the average for Russia from 1992 to 2022 is 5029. 7 percent to $285. 25B), Mixed Mineral or Chemical Fertilizers ($2. 8% since 2018. Export System data-rts to Russia ds U. 1 billion, aligned with the sharp decline in foreign demand for key energy commodities that make up a large portion of Russian exports as Western countries consolidate sanctions and a slowing Chinese Russian exports to that country exceeded 100 million trade-indicator values (TIV). Exports and imports of RUSSIA in 2012 are below, along with number of countries and products. F. 1% in 2024. International Agricultural Trade Report Exports and imports of RUSSIA in 2021 are below, along with number of countries and products. The main destination of Fertilizers exports from Russia are: Brazil ($5. 72% increase from 2021. 8 million metric tons in 2010. The The economy of Russia is an emerging and developing, [2] high-income, [27] industrialized, [28] mixed market-oriented economy. Russia’s fuel, oil, and gas exports. 7 MM tonnes (t) last year, down 9. 8B), Germany ($3. 5 billion in the corresponding period of the previous year. 3% by value for all products exported from the Russian Federation during 2021. latest available trade, tariff, trade barriers and other trade related data Click Here. Exports of goods and services (current LCU) Exports as a capacity to import (constant LCU) Gross capital formation (current LCU) Gross capital formation (current US$) Download. What did Russia export in 2021? Russia's Top Exports in 2021: 22% ($110 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude; 14. Explore the latest data and trends of Russia's trade flows, products, and markets. 2025 04:35:15 Despite benefiting from high energy prices, the IMF still expects Russia’s economy will contract by over 3 percent this year. 1 USD bn in the previous month. June 30, 2022. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. 2% in 2023 and predicts growth of 1. Russian crude and oil product exports, January 2020-December 2021 - Chart and data by the International Energy Agency. In Russia, natural gas is the third largest export product with a value of $42,892 million in exports. Russia’s seaborne oil export revenues declined by 7% (EUR 29 mn per day) in January. 1% y/y from 4. 45B to Brazil. 07B, a 15. S. 6%), medicaments (3. Please note the exports, imports and Even after Western countries imposed sanctions on some of Russia's major export products, such as fossil fuels and selected metals, after the invasion of Ukraine in 2022, Russia has Find the latest trade data for RUSSIA, including exports and imports by value, product, partner, and sector. 1 million metric tons in 2017. Steel Exports Report: Russia Export Volume, Value, and Product In 2011, Russia’s steel exports dropped by 4. We consider only countries with population of at least 1 million and exports of at least • The Russian government is prioritizing liquefied natural gas (LNG) infrastructure development to better reach markets not readily accessible via pipeline, despite limited access to technology and financing as a result of sanctions. Russia Exports to India - data, historical chart and statistics - was last updated on January of 2025. Germany, the Netherlands, Turkey, and Poland combined received 24% of Exports of goods and services (current US$) - Russian Federation from The World Bank: Data Despite Russia’s stated desire to diversify its economy for decades, oil and gas dominate Russia’s goods (merchandise) exports and account for a large share of the government’s budget revenue. 30 USD Million in January of 2007. Russia’s piped natural gas exports decreased 48% year over year in 2022. 2023 U. Russia's October oil exports accounted for about one-third of the country's overall net budget revenue for the month, per Bloomberg calculations based on official finance ministry data. Highlighted below are the 100 most valuable imports and exports exchanged by the United States and Russia during 2023. 2 In According to the Russia export data 2021 reports, Russia was ranked the 14th largest exporter in the world. Meanwhile, Russia's export and import dependencies in Asia increased. Russia Exports to Japan was US$10. 14 billion from sales in 2019. Over the past 5 years the exports of Russia to South Africa have increased at an annualized rate of 9. 11%. 6%, from $3. 128 billion (2019 est. U. One-third of Russia’s coal exports were sent to OECD Europe. Russia-Pakistan Trade: In 2022, Russia exported $505M to Pakistan. . The economy has experienced a sharp drop in imports, and a fall in real incomes. The total value of exports (FoB) was 426,720 million. These economic complexity rankings use 6 digit exports classified according to the HS96 classification. companies should consider exporting to this country, and other issues that affect trade, e. Russia exports for 2021 was $548. Thus, even if Congress does not impose a blanket revocation of Russia’s MFN treatment, the President could rely upon IEEPA or other provisions of federal law (e. Establish a strong market presence in Russia Russia’s seaborne crude exports to European countries have ceased, with flows to Bulgaria halted at the end of last year. 2. In recent years, Russia has sent large quantities of its natural gas and oil to Europe, the United States and elsewhere. sanctions and export controls have severed Russia Russian crude and oil product exports, January 2020-December 2021 Open. 02% increase from 2020. All loading arms connect for a throughput of 2800 cubic Overview. Within this category, Russia mostly exports petroleum oils, oils obtained from bituminous minerals, and crude. Nevertheless, the US Treasury claims sanctions are damaging Russia, Merchandise Trade summary statistics data for RUSSIA (RUSSIA) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year 2020 Russia Exports to United States was US$17. Russia Exports to United States - data, historical chart and statistics - was last updated on January of 2025. sanctions hit Russian supply, trade sources told Russia Exports to India was US$9. RUSSIA imports from China worth US$ 72,693 million, with a partner share of 24. 3 billion deficit trading goods with Russia during 2023. [needs update]The petroleum or oil industry in Russia is one of the largest in the world. Russia is the During the last 20 years Russia's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨28th to the 47th⁩ position in the ECI rank. Market prices for these commodities spiked after the invasion in February 2022, in Exports and imports of RUSSIA in 2019 are below, along with number of countries and products. g. 9% of total exports). 77 percent. Russia is the world’s largest exporter of wheat and accounts for a large share of global exports of fertilizer components such as potash, urea, diammonium phosphate (DAP), and anhydrous ammonia. As COVID-19 restrictions were eased in Russia in late 2020 and early 2021, consumer demand surged ahead in the second quarter, supported by savings built up over 2020 Exports In 2022, Russia exported $5. 97 million U. Information presented under the adjacent virtual folder tabs is at the more granular 4-digit level. 70 percent. Russia Exports to Turkey - data, historical chart and statistics - was last updated on January of 2025. Energy Information Administration - EIA - Official Energy Statistics from the U. 0 Bcf/d in 2019, 12. 3 MMbpd if the 7. 9 Bcf/d in 2021. exports compared to 2021, the last year In the third quarter, the Russian economy expanded slower than in the first half of the year, with aggregate GDP growth decelerating to 3. 45B in 2022. The exact Russia’s revenues from LNG exports decreased by 23% (EUR 12 mn per day). Russia is the fourth-largest oil-exporting region, having supplied eight million barrels daily in 2022. Russia Natural Gas: Exports was reported at 175,745. At the same time, export revenues from fossil gas via pipeline increased by 23% (21 mn per day). 7B in Fertilizers, making it the 1st largest exporter of Fertilizers in the world. 8B in Metals, making it the 8th largest exporter of Metals in the world. Please note that the results listed above are at the 2-digit Harmonized Tariff System code level. 58B). The total value of exports (FoB) was 524,766 million. Exports to Russia subject to U. 21 USD Million from 2006 until 2021, reaching an all time high of 17537. It is unlikely that Russia will continue to lift residual fuel oil on sanctioned vessels, as shown in the past 10 days whereby Russian product exports on these sanctioned tankers stopped completely from January 11-20. [] Since the start of the war, Russia’s seaborne exports of wheat have experienced significant volatility, reflecting disruptions in transportation logistics Get Expert Russia import export data reports based on Russia customs data. b. 2% ($69 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n. Many different factors can influence the amount of natural resources a country imports from another country, such as Russia. Russia’s economy will contract by 4. 7 billion), precious stones and metals ($20. Over the next six years, exports increased to 31. Crude petroleum, refined petroleum, coal, wheat, and gold are among the leading Russia’s main exports are: fuels and energy products (63 percent of total shipments, of which crude oil and natural gas accounted for 26 percent and 12 percent respectively); metals (10 percent); machinery and equipment (7. The main products that Russia exported to Pakistan were Wheat ($278M), Dried Legumes ($112M), and Coal Briquettes ($40. As a consequence of the Russian invasion of Ukraine that started in February 2022, the Russian economy shrank by 1. 05 billion). containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic Russia’s coal exports in 2021 increased by 7% to 262 million short tons (MMst). 2 billion for Russia in international trade during 2021. banning the import of certain products of Russian origin, imposing export controls, restricting investment in Russia, and taking other measures. 95B), China ($910M), and Indonesia ($699M). 000 Cub m mn for Dec 2022; Russia Natural Gas: Exports data is updated yearly, averaging 92,358. 75 Billion during 2021, according to the United Nations COMTRADE database on international trade. 7 billion in American export sales to Russia for 2022. 657 billion (2017 est. The health of ongoing relationships Russian fossil fuel exports since the war in Ukraine 2022-2024, by country and type; Cereal export volume in Russia 2001-2025; Import value in Russia 2023, by commodity group; Exports of Coal CMLV in Russia increased to 17560. to Russia were in the financial services, technical and other services, and intellectual property sectors. dollars: The latest value from 2022 is 2820 million U. Exports: $551. 4% were subject to a BIS license requirement. Russia being by far the largest exporter of natural gas is believed to have the largest proven Initial trade statistics from the months following the invasion indicated a 70-80% drop in U. 4 percent this year, a much smaller contraction than the 6 percent it forecast in July and the 8. Russian fossil fuel exports since the war in Ukraine 2022-2024, by country and type; Cereal export volume in Russia 2001-2025; Import value in Russia 2023, by commodity group; Russian gas exports during the war in Ukraine The U. This indicates a trend towards consumer-oriented exports from Russia. 1% in the second quarter. ) $564. 03 billion) and nitrogen-based fertilizers ($3. 1 billion The I. Merchandise Trade statistics data for RUSSIA (RUSSIA) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. For more detail, see CRS Report R46518, Russia: Domestic Politics and Economy. Energy exports are the cornerstone of Russia’s economy. Russia's oil shipments via the Baltic Sea fell by roughly 10% in the last four months of 2024, the Finnish Border Guard said, as the impact of EU sanctions against Russian oil and gas exports Russia - Energy, Manufacturing, Agriculture: The Russian republic, by virtue of its great size and abundant natural resources, played a leading role in the economy of the Soviet Union. 9 billion), and Cereals ($11. [needs update] Russian crude oil production (red) and crude oil exports (black). 70 in thousands of US$ and total imports of 293,497,128. 4 million metric tons, a decrease of 15 percent from 29. 50 USD Million in December from 15197. WDI Tables. Real GDP growth rate. Russia’s 5 most valuable export products in 2023 were crude oil, refined petroleum oils, petroleum gases, coal and gold. Russia was the 12th exporter and 27th importer of goods in the world in 2022 (WTO). 97 USD Million from 1994 until 2023, reaching an all time high of 154379. 3%, from $310M in 2017 to $505M in 2022. The main destination of Raw Nickel exports from Russia are: China ($1. Russia Imports By Category - was last updated on Saturday, January 18, 2025. GDP Merchandise trade statistics data for Russian Federation (RUS) exports, to partner countries including trade value, number of product exported, Partner Share, and share in total products for year 2019 Russia's economy has been hit by a slump in exports as Western sanctions take their toll. Seasonally Adjusted. 20 USD Million in November of 2021. 5 percent it Despite the Russian government claims of export challenges, Russia’s grain and oilseed exports have thrived during the current marketing year with ample supplies and competitive prices. Export value from Russia 2023, by commodity group; Export value growth rate in Russia 2023, by commodity; Fossil fuel export revenue in Russia since the war in Ukraine 2022-2024, by type Russia Exports. 92B), and United States ($2. 238 Cub m mn from Dec 1960 to 2023, with 64 observations Note on methodology: Update 2023-10-19 – We now use Kpler to estimate seaborne exports from Russia and other countries. 1 Following Russia’s full-scale invasion of Ukraine in 2022, a number of countries imposed sanctions on Russia, including targeted measures on Russia’s energy sector. In 2017, energy products accounted for around 60% of the EU's total imports from Russia. The decline has been faster than the overall decline in Russian mineral fuels exports; thus the EU However, it estimates that Russia's economy grew by 2. comparison ranking: 63. Moscow also lost about 500,000 barrels a day of pipeline exports to Poland and Germany at the start of 2023, when those countries stopped purchases. 6% from 2022) then pharmaceuticals (down -11%). Exports sank by 2. US exports to Russia shrank by -65. ; The total value of imports (CIF) was 231,664 million. Compare Russia's exports with other countries and regions, and explore the factors that affect Track Russian exports and imports from 38 countries that account for 80% of its trade. States in Asia and Oceania received 68% of total Russian arms exports in 2019–23, with India accounting for 34% and China for 21%. The value of total exports from Russia to its major trade partner — China — exceeded 128 Russia's crude oil and oil products exports fell 350,000 barrels per day last year, though revenue from its exports rose 2% or $3. Government Russia’s economy saw a strong rebound in the first half of 2021 and is expected to grow by 4. 8% of overall exports sales from Russia. The world's leading data visualization tool for international trade data. The breakdown of Russia’s mineral fuel exports to the 34 countries allows recent trade diversion effects to be identified (Figure 8). These figures are calculated on an exchange rate basis, i. ; The total value of imports (CIF) was 316,193 million. In November, the latest month for which official monthly oil statistics Leading services exports from the U. [9] After nearly three years of sanctions, the wheels are starting to fall off of the Russian economy, and the hits just keep on coming. [29] It has the eleventh-largest economy in the world by nominal GDP and the fourth-largest economy by GDP (). 60 USD Million in January of 1994. Explore Our DataBank. MOSCOW TIME: 15. 17% and the Most Favored Nation (MFN) Weighted Average tariff is 5. ; At the HS6 digit level, 4,354 products were exported to 192 countries and 4,377 products were imported from 218 countries. This column describes how Russia's economy rebounded due to increased public spending in war-related industries and Crude oil export revenue by country (annually) A world map of countries by oil exportation, imports, it is known as an oil export surplus. 4 billion in U. Russia: Arms exports, million constant U. Russian natural gas exports to Europe, January 2016–July 2022. comparison ranking: 88. Real GDP per capita. Russia Exports to South Africa was US$342. Significantly, U. 47 USD Million from 1994 until 2021, reaching an all time high of 17560. Consequences from existing measures, like the ban and $60 price cap on Russian oil, have already started to hit Moscow's cash flow. ) Definition: This entry provides the total US dollar amount of merchandise exports on an f. 80 USD Million in December of 2021 and a record low of 444. The value of total exports from Russia was $ 492 billion in 2021. exports to Russia: • 7. 6 billion), Iron and steel ($15 billion), Fertilizers ($14. ) $534. 9% annually to $39. 7% - data Comtrade 2022). 88B in Wheat, making it the 5th largest exporter of Wheat in the world. dollars, a decline from 2857 million U. 11B), Germany ($657M), Netherlands ($333M), United States ($267M), and India ($60. market share, the political situation if relevant, the top reasons why U. Exports to United States CMLV in Russia averaged 5930. Russia is a major source of oil and natural gas for Europe; a Impacts of the War on Russian Exports of Wheat and Fertilizers. ; The total value of imports (CIF) was 247,161 million. In aggregate, those major exports accounted for 61. said in October that it expected the Russian economy to shrink by 3. Russia-Brazil Trade: In 2022, Russia exported $7. Globally, Russia and Ukraine jointly accounted for 24% of wheat and 14% of maize exports in 2021. However, Ukraine is trying to make the best out of the current situation by expanding to some degree (according to the recent data and reports) the volume of exported grain that turned New sanctions on Russian oil exports implemented in December 2022 may increase economic pressure on the government. 56% (42 billion) - Netherlands ; 6. 00 USD Million in the first quarter of 2022 and a record low of 13171. Russia Exports to Japan - data, historical chart and statistics - was last updated on January of 2025. dollars. 8% compared to 2021 and by 25. 80 USD Million in December from 15879. The second table in this page shows which countries have the largest oil export surplus in US Exports In 2022, Russia exported $411M in Nickel Ore, making it the 3rd largest exporter of Nickel Ore in the world. Exports to Europe (including Turkey) still account for slightly under half of Russian gas Russia’s seaborne crude exports to European countries have ceased, with flows to Bulgaria halted at the end of last year. 314 billion (2018 est. , not in The 10 major products below accumulated a deficit subtotal of -$57. Export volumes could be even larger, but the Russian government continues to apply export taxes and quotas, trade-restricting measures that are self-imposed. Foreign Agricultural Service/USDA 7 July 2023 RICE OVERVIEW FOR 2023/24 Global rice production is up slightly with a larger projected crop in the United States. export statistics show roughly a 90% drop in U. Indian refiners are struggling to procure crude oil and some are issuing crude import tenders to solicit bids this month after the latest U. ; At the HS6 digit level, 4,359 products were exported to 199 countries and 4,384 products were imported from 219 countries. Russia has the largest reserves and was the largest exporter of natural gas. 3%) in 2023, and deliveries to Europe decreased by 68%. Main import partners in 2015 were: China (19 percent of total imports), Germany (11 percent), the United States (6 percent) and Belarus (5 percent). The main destination of Nickel Ore exports from Russia are: China ($383M), Canada ($28M), Czechia ($116k), Turkey ($95), and South Korea ($25). exports to Russia, and the long-term effects of sanctions, export controls, and other U. 6 Bcf/d. Russia's total exports were around 622 Billion US Dollars in 2021 as compared to 423 Billion US Dollars in 2020. Russia Overview People Government - Politics Geography Environment & Climate Economy - Economy - Imports - Exports - Money and Currency - Natural Resources - Technology - Transportation - Russia-South Africa Trade: In 2022, Russia exported $548M to South Africa. o. Real GDP (purchasing power parity) comparison ranking: 4. Russia has demonstrated the severest competitive disadvantages in the exports and imports of the following commodities. Meanwhile, imports have increased by 11. DataBank. The top 10 exports of Russia are mineral fuels and mineral oils ($254. The main products that Russia exported to South Africa were Mixed Mineral or Chemical Fertilizers ($140M), Nitrogenous Fertilizers ($85. government measures affecting trade remain uncertain. 4M). Russia Total Exports data is updated monthly, available from Jan 1998 to Oct 2024, with an averaged value of 29. For at a glance i. 8 billion, the International Energy Agency said on Wednesday. Exports of Coal CMLV in Russia averaged 3565. Russia - Market OverviewRussia - Market Overview Discusses key economic indicators and trade statistics, which countries are dominant in the market, the U. The total value of exports (FoB) was 337,104 million. 3 USD bn. rvdoyo pmq fdve ziqoy zvgev bloicl gfw fmsorj rzpuf jso