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Home » Asia » What are the main imports of Russia?

What are the main imports of Russia?

December 14, 2021 by Shelia Campbell

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).

Contents

What are Russia’s main imports and exports?

It mainly exports hydrocarbons (more than 50% of total exports), solid fuels, wheat and meslin, iron and steel, precious metals, precious stones and wood, and mainly imports machinery, pharmaceuticals, electronics, electrical products, vehicles and plastics.

What are Russia’s main imports partners?

Russia’s five main import partners in 2020 were China, Germany, the United States, Belarus, and Italy. The value of Russia’s imports from its top partner China amounted to nearly 55 billion U.S. dollars in that year.

Where does Russia import to?

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Russia Imports By Country Value Year
China $54.91B 2020
Germany $23.38B 2020
United States $13.21B 2020
Belarus $12.60B 2020

What are the major exports in Russia?

Exports The top exports of Russia are Crude Petroleum ($123B), Refined Petroleum ($66.2B), Petroleum Gas ($26.3B), Coal Briquettes ($17.6B), and Wheat ($8.14B), exporting mostly to China ($58.1B), Netherlands ($41.7B), Belarus ($20.5B), Germany ($18.9B), and Italy ($16.7B).

What is the main product of Russia?

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.

What products do we import from Russia?

The top import categories (2-digit HS) in 2019 were: mineral fuels ($13 billion), precious metal and stone (platinum) ($2.2 billion), iron and steel ($1.4 billion), fertilizers ($963 million), and inorganic chemicals ($763 million). U.S. total imports of agricultural products from Russia totaled $69 million in 2019.

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Who is Russia’s biggest trade partner?

China
In 2020, Russia’s main trade partner was China, as the volume of export and import trade between the two countries reached nearly 104 billion U.S. dollars. China was the country’s both leading import origin and export destination.

What products are made in Russia?

Russia’s Top 10 Exports

  • Mineral fuels including oil: US$141.3 billion (42.1% of total exports)
  • Gems, precious metals: $30.4 billion (9%)
  • Iron, steel: $16 billion (4.8%)
  • Cereals: $9.5 billion (2.8%)
  • Machinery including computers: $8.3 billion (2.5%)
  • Wood: $8.2 billion (2.5%)
  • Fertilizers: $7 billion (2.1%)

What food does Russia export?

Cereals and legumes were the most exported agricultural commodity from Russia, which, despite the reduction in exports during 2015 and 2016, recovered amounting to over 10 billion U.S. dollars by 2018.

What are Russia’s largest imports?

Russia exported its mineral fuels and oils worth approximately 221 billion U.S. dollars, which was the highest export value among all other commodities. The second largest export commodities were iron and steel with a value amounted of over 18 billion U.S. dollars.

What foods does Russia import?

“In 2013 Russia’s main agricultural imports were livestock products (such as meat, dairy products), fruit & nuts, processed foods, beverages,” said the RJE. “By 2018 imports of these goods had fallen significantly, though they remain the dominant agricultural imports.”

What does Russia produce the most?

crude oil
Russia is the world’s largest producer of crude oil (including lease condensate) and the second-largest producer of dry natural gas. Russia also produces significant amounts of coal.

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What is Russia’s number 1 export?

Crude Petroleum
Exports

# Export product Value
1 Crude Petroleum 121,443
2 Refined Petroleum 66,887
3 Unspecified commodities 55,265
4 Coal 15,987

What do we export to Russia?

Of the $5.8 billion in U.S. exports to Russia in 2016, the top commodity sectors were transportation equipment (33.9%), machinery and mechanical appliances (31.0%), and chemicals, plastics, and leather products (13.9%).

What makes up Russia’s economy?

Russia’s GDP is primarily made up of three different sectors: agriculture, industrial, and service. The agricultural sector, which includes forestry, hunting, fishing, farming, and livestock production, is small and makes up about 5% of GDP.

What US buys from Russia?

United States Imports from Russia Value Year
Mineral fuels, oils, distillation products $9.46B 2020
Pearls, precious stones, metals, coins $2.58B 2020
Iron and steel $940.12M 2020
Fish, crustaceans, molluscs, aquatics invertebrates $902.13M 2020

Does Russia manufacture anything?

It is the world’s leading natural gas exporter, the second-largest natural gas producer, and the second-largest oil exporter, and producer.Russia’s large automotive industry ranks as the world’s tenth-largest by production.

What does Russia export to USA?

The products exported from Russia are unsurprisingly mainly mineral products and metals, with crude and refined petroleum making up for 54 percent of all exports. The main export product apart from resources is wheat. Exported wheat from Russia was valued at about 6.2 billion U.S. dollars in 2012.

Who does Russia export to the most?

Russia’s leading five export partners in 2020 were China, the Netherlands, United Kingdom, Germany, and Belarus. The value of total exports from Russia to its major trade partner – China amounted to nearly 49 billion U.S. dollars in 2020.

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What currency does Russia use?

Russian rubleruble, also spelled rouble, the monetary unit of Russia (and the former Soviet Union) and Belarus (spelled rubel).

Filed Under: Asia

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About Shelia Campbell

Sheila Campbell has been traveling the world for as long as she can remember. Her parents were avid travelers, and they passed their love of exploration onto their daughter. Sheila has visited every continent on Earth, and she's always looking for new and interesting places to explore.

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