Russia's leading five export partners in 2022 were China, Turkey, India, Italy, and Germany. The value of total exports from Russia to its major trade partner — China — exceeded 114 billion U.S. dollars in 2022.
Trade between Russia and China
China was not only the leading export destination of Russian commodities, but also the major import partner of the country. Prior to 2018, the value of Russian imports from China prevailed the Russian exports’ worth to the country. It was in 2018 when for the first time, the trade balance of Russia with China turned positive and amounted to about 3.8 billion U.S. dollars. Russia's primary export goods mineral and energy products were also most imported commodities by China from the country.
Russian trade with Europe
Following a significant drop in trade flows between Russia and the EU from 2015 to 2017, the figures experienced positive dynamics over the past years. In 2021, Russian export value to the EU exceeded 188 billion U.S. dollars - roughly 94 billion U.S. dollars greater than the EU imports’ worth to Russia in that year. Germany was the major importer of Russian goods in the region, as well as Russia’s fifth largest export partner in 2022.
Export value of goods from Russia in 2022, by major country of destination
(in billion U.S. dollars)
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Trade Map. (October 6, 2023). Export value of goods from Russia in 2022, by major country of destination (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 20, 2024, from https://www.statista.com/statistics/1002015/russia-leading-export-partners/
Trade Map. "Export value of goods from Russia in 2022, by major country of destination (in billion U.S. dollars) ." Chart. October 6, 2023. Statista. Accessed September 20, 2024. https://www.statista.com/statistics/1002015/russia-leading-export-partners/
Trade Map. (2023). Export value of goods from Russia in 2022, by major country of destination (in billion U.S. dollars) . Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/statistics/1002015/russia-leading-export-partners/
Trade Map. "Export Value of Goods from Russia in 2022, by Major Country of Destination (in Billion U.S. Dollars) ." Statista, Statista Inc., 6 Oct 2023, https://www.statista.com/statistics/1002015/russia-leading-export-partners/
Trade Map, Export value of goods from Russia in 2022, by major country of destination (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1002015/russia-leading-export-partners/ (last visited September 20, 2024)
Export value of goods from Russia in 2022, by major country of destination (in billion U.S. dollars) [Graph], Trade Map, October 6, 2023. [Online]. Available: https://www.statista.com/statistics/1002015/russia-leading-export-partners/