Overview In July 2021 Russia exported $47B and imported $25.4B, resulting in a positive trade balance of $21.6B. Between July 2020 and July 2021 the exports of Russia have increased by $25.7B (120%) from $21.4B to $47B, while imports increased by $8.17B (47.4%) from $17.2B to $25.4B.
Trade In July 2021, the top exports of Russia were Crude Petroleum ($9.61B), Refined Petroleum ($5.55B), Raw Aluminium ($5.31B), Commodities not elsewhere specified ($4.34B), and Semi-Finished Iron ($2.06B). In July 2021 the top imports of Russia were Commodities not elsewhere specified ($1.7B), Telephones ($905M), Vehicle Parts ($900M), Packaged Medicaments ($670M), and Cars ($664M).
Origins In July 2021 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($15.6B), KRASNOYARSK TERRITORY ($4.2B), ST. PETERSBURG ($2.5B), LIPETSK REGION ($1.79B), and SAKHALIN REGION ($1.58B), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($11.4B), MOSCOW REGION ($2.79B), ST. PETERSBURG ($2.33B), KALININGRAD REGION ($764M), and KALUGA REGION ($750M).
Destinations In July 2021, Russia exported mostly to China ($6.11B), Netherlands ($3.51B), Turkey ($3.08B), Germany ($2.71B), and United States ($2.08B), and imported mostly from China ($5.89B), Germany ($2.36B), United States ($1.59B), France ($1.53B), and Belarus ($1.28B).
Growth In July 2021, the increase in Russia's year-by-year exports was explained primarily by an increase in exports to China ($2.57B or 72.7%), Turkey ($2.35B or 323%), and Netherlands ($2B or 133%), and product exports increase in Crude Petroleum ($5.26B or 121%), Raw Aluminium ($4.91B or 1.25k%), and Refined Petroleum ($3.29B or 146%). In July 2021, the increase in Russia's year-by-year imports was explained primarily by an increase in imports from China ($1.42B or 31.8%), France ($1.04B or 212%), and Germany ($691M or 41.5%), and product imports increase in Commodities not elsewhere specified ($1.16B or 219%), Vehicle Parts ($351M or 64.1%), and Packaged Medicaments ($349M or 108%).