Who is Russia’s biggest trading partner
China
Major trade partners of Russia 2021, by value
In 2021, Russia's main trade partner was China, as the volume of export and import trade between the two countries reached nearly 141 billion U.S. dollars. China was the country's both leading import origin and export destination.
Which country trades the most with Russia
The value of total exports from Russia to its major trade partner — China — amounted to nearly 69 billion U.S. dollars in 2021.
What are the top 5 countries Russia exports to
Exports The top exports of Russia are Crude Petroleum ($113B), Refined Petroleum ($81.8B), Petroleum Gas ($37.7B), Coal Briquettes ($19.1B), and Gold ($19.1B), exporting mostly to China ($70.9B), Netherlands ($39B), United States ($27.4B), United Kingdom ($24.7B), and Italy ($22.2B).
Is China Russia’s largest trading partner
China is Russia's largest trading partner, with trade between them reaching a record $190 billion last year, according to Chinese customs data.
Is Russia 7th largest trading partner
Due to the surge that has occurred since April, in the first five months of 2022-2023, Russia has eclipsed the United States, China, the United Arab Emirates, Saudi Arabia, Iraq, and Indonesia as India's seventh-largest trading partner.
Is the EU Russia’s largest trading partner
Trade picture
In 2021, Russia was the EU's fifth largest trade partner, representing 5.8% of the EU's total trade in goods with the world. In 2020, the EU was Russia's first trade partner, accounting for 37.3% of the country's total trade in goods with the world.
Which countries still trading with Russia
List of the largest trading partners of RussiaChina (economy, trading partners)Netherlands (economy, trading )Germany (economy, trading partners)Belarus (economy, trading partners)United States (economy, trading partners)Italy (economy, trading partners)Turkey (economy, trading partners)
Who is Russia’s biggest importer
Russia's five main import partners in 2021 were China, Germany, the United States, Belarus, and South Korea.
What countries buy from Russia
Top Importers of Russian Fossil Fuels
| Country | Total Value of Russian Fossil Fuel Imports* | Coal |
|---|---|---|
| 🇨🇳 China | $66.6B | $5.7B |
| 🇩🇪 Germany | $26.1B | $0.7B |
| 🇹🇷 Turkey | $25.9B | $3.6B |
| 🇮🇳 India | $24.1B | $3.3B |
What are Russia’s 3 main exports
Exports
| # | Export product | Value ($) |
|---|---|---|
| 1 | Crude Petroleum | 121,443 |
| 2 | Refined Petroleum | 66,887 |
| 3 | Unspecified commodities | 55,265 |
| 4 | Coal | 15,987 |
Who is Russia’s biggest trading partner in 2023
China
Bilateral trade between Russia and China totaled more than $93.8 billion from January to May in 2023, a 40.7% increase compared to the same period last year, data from China's General Administration of Customs showed.
Who are the largest trading partners of Russia 2023
Mainland China is expected to be the biggest importer from Russia in 2023, followed by Turkey, Belarus and Kazakhstan. However, China's current economic slowdown adds considerable uncertainty to the outlook. Western trading partners will lose their significance in Russia's trade turnover.
What are Russia’s top 5 imports
According to a report made by Trading Economics, Russia's main imports include machinery, equipment, vehicles, chemical products, foodstuffs, and agricultural products. Additionally, China continued to be the largest importer of Russian fossil fuels in February of 2023.
What is Russia’s biggest exports
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 (7.4 percent); chemical products (7.4 percent) and foodstuffs and agricultural products (5 percent).
Who buys most of Russia’s oil
As one might expect, China has been the top buyer of Russian fossil fuels since the start of the invasion. Russia's neighbor and informal ally has primarily imported crude oil, which has made up more than 80% of its imports totaling more than $55 billion since the start of the invasion.
What countries are most dependent on Russian oil
Among European Union countries, Slovakia is the most dependent on Russian oil and petroleum products. In 2020, Russia was the origin country for 78 percent of the country's total imports of such commodities. In Germany, Russian oil products held a 30 percent market share.
Who is Russia’s biggest oil buyer
China
As one might expect, China has been the top buyer of Russian fossil fuels since the start of the invasion. Russia's neighbor and informal ally has primarily imported crude oil, which has made up more than 80% of its imports totaling more than $55 billion since the start of the invasion.
Which countries rely on Russian gas
The largest importers of Russian gas in the European Union are Germany and Italy, accounting together for almost half of the EU's gas imports from Russia. Other larger Russian gas importers in the European Union are France, Hungary, the Czech Republic, Poland, Austria and Slovakia.
What does Russia import the most
Russia main imports are: machinery, equipment and transport (45 percent of total imports), chemical products (19 percent) and foodstuffs and agricultural products (14.5 percent).
What is the number 1 export of Russia
Russia's main exports are: fuels and energy products (63 percent of total shipments, of which crude oil and natural gas accounted for 26 percent and 12 percent respectively); metals (10 percent); machinery and equipment (7.4 percent); chemical products (7.4 percent) and foodstuffs and agricultural products (5 percent).
Which countries rely on Russian trade
China is the largest importer of Russian goods
| Country | Trade value ($) | UN vote |
|---|---|---|
| Belarus | 16.3bn | Against |
| Kazakhstan | 13.3bn | Abstain |
| Poland | 11.5bn | Approve |
| Netherlands | 10.8bn | Approve |
What countries is Russia trading with
Russia imports machinery and equipment, vehicles, consumer goods, foodstuffs, chemical products, industrial consumer goods. Major trading partners of Russia are Germany, Italy, China, Turkey, Poland, Switzerland, United Kingdom, United States, and Finland.
What is Russia biggest export
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 (7.4 percent); chemical products (7.4 percent) and foodstuffs and agricultural products (5 percent).
What are 3 major exports of Russia
Searchable List of Russia's Most Valuable Export Products
| Rank | Russia's Export Product | YOY |
|---|---|---|
| 1 | Crude oil | +7.7% |
| 2 | Petroleum gases | +813.9% |
| 3 | Processed petroleum oils | -1.4% |
| 4 | Coal, solid fuels made from coal | +118.1% |
What does Russia trade with other countries
Russian main exports are energy (oil and petroleum products, gas, coal), rolled steel, ferrous and nonferrous metals and minerals. The greater part of Russian exports belongs to oil and petroleum products. Other leading exports are natural gas, timber, fertilizers, machinery and equipment, armaments.
