Overview: In June 2020 Russia exported $24.2B and imported $18.5B, resulting in a positive trade balance of $5.75B. Between June 2019 and June 2020 the exports of Russia have decreased by $-5.39B (-18.2%) from $29.6B to $24.2B, while imports increased by $1.37B (8.01%) from $17.1B to $18.5B.
Trade: In June 2020 the top exports of Russia were Crude Petroleum ($5.2B), Refined Petroleum ($3.11B), Commodities not elsewhere specified ($1.7B), Gold ($1.29B), and Coal Briquettes ($1.15B). In June 2020 the top imports of Russia were Packaged Medicaments ($1.12B), Telephones ($790M), Vehicle Parts ($512M), Computers ($500M), and Commodities not elsewhere specified ($480M).
Origins: In June 2020 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($8.05B), ST. PETERSBURG ($2.18B), KEMEROVO REGION ($1.07B), SAKHALIN REGION ($917M), and KHANTY-MANSIYSK AUTONOMOUS AREA ($733M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($8.7B), MOSCOW REGION ($1.94B), ST. PETERSBURG ($1.52B), KALUGA REGION ($492M), and PRIMORYE TERRITORY ($468M).
Destinations: In June 2020 Russia exported mostly to China ($4.09B), United Kingdom ($1.86B), Netherlands ($1.71B), Kazakhstan ($1.33B), and Belarus ($1.24B), and imported mostly from China ($4.56B), Germany ($1.78B), United States ($1.14B), Belarus ($956M), and Italy ($876M).
Growth: In June 2020, the decrease in Russia's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-882M or -34%), Germany ($-786M or -41.4%), and Turkey ($-601M or -41.1%), and product exports decrease in Crude Petroleum ($-3.32B or -39%), Refined Petroleum ($-1.67B or -34.9%), and Commodities not elsewhere specified ($-1.53B or -47.4%). In June 2020, the increase in Russia's year-by-year imports was explained primarily by an increase in imports from China ($969M or 27%), United States ($205M or 22%), and Italy ($101M or 13%), and product imports increase in Packaged Medicaments ($564M or 102%), Blood, antisera, vaccines, toxins and cultures ($283M or 206%), and Telephones ($258M or 48.5%).