Who is Russia's largest trading partner? (2024)

Who is Russia's largest trading partner?

The value of total exports from Russia to its major trade partner — China — exceeded 114 billion U.S. dollars in 2022.

Who is Russia's largest trade partner?

Who is Ukraine biggest trading partners?

Trade revenue in Ukraine 2022, by partner and flow

Ukraine had the largest trade revenue with Poland, at over 12 billion U.S. dollars in 2022. China was Ukraine's second-leading trade partner, with the sum of exports from Ukraine and imports to Ukraine measured at approximately 11 billion U.S. dollars.

Who are Russia's top 10 importers?

Russia imports mostly from China and the United States. In 2021, the top 10 Russia import trading partners were China (24.34%), the United States (9.44%), Germany (9.4%), Italy (4.32%), France (4.03%), South Korea (3.48%), Japan (2.75%), Turkey (2.29%), Poland (2.02%), and Vietnam (1.65%).

What is Russia's main trade?

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.

Who are Russia's allies?

Russia also maintains positive relations with countries considered neutral on the world stage such as India and Vietnam. With countries traditionally considered Western aligned, Russia maintains positive relations with Hungary, Serbia, Turkey, Qatar, Egypt, Saudi Arabia, and the United Arab Emirates.

Who is China's biggest trading partner?

Who are Russia's key trading partners?

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.

What does Russia supply to the world?

Yearly Trade

During the last five reported years the exports of Russia have changed by $185B from $298B in 2016 to $484B in 2021. The most recent exports are led by Crude Petroleum ($113B), Refined Petroleum ($81.8B), Petroleum Gas ($37.7B), Coal Briquettes ($19.1B), and Gold ($19.1B).

Who are Ukraine's top 3 import partners?

Imports The top imports of Ukraine are Refined Petroleum ($5.63B), Cars ($4.1B), Petroleum Gas ($3.26B), Packaged Medicaments ($2.26B), and Coal Briquettes ($2.09B), importing mostly from China ($10.4B), Russia ($8.13B), Poland ($7.07B), Germany ($6.42B), and Belarus ($4.74B).

What is Russia's biggest commodity?

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 is the #1 import in Russia?

The main commodities imported to Russia were nuclear reactors, boilers, machinery, and mechanical appliances, with imports worth 33.71 billion U.S. dollars in 2022.

What product does Russia import the most?

How much is Russia in debt?

Estimate of External Debt of the Russian Federation as of December 31, 2023. According to the Bank of Russia's estimate, external debt of the Russian Federation as of December 31, 2023 totaled $326.6 billion, having decreased by $57.0 billion, or by 14.9%, since the end of 2022.

What does Russia get from the US?

In 2021, of the $6.4 billion in U.S. exports to Russia, the top commodity sectors were Transportation Equipment (33.9%); Machinery and Mechanical Appliances (25.6%); and Chemicals, Plastics, Rubber and Leather products (17.5%).

What is Russia's number one export?

Does China support Russia?

The PRC may still not be directly providing weapons to Russia, but it is providing materials and equipment that helps sustain Russia's war and its occupation of Ukrainian territory. Preventing future flows of goods to Russia that can help fuel the Kremlin's war machine is a challenging problem.

When did Russia leave NATO?

In March 2015, Russia, citing NATO's de facto breach of the 1990 Treaty on Conventional Armed Forces in Europe, said that the suspension of its participation in it, announced in 2007, was now "complete" through halting its participation in the consulting group on the Treaty.

Are Israel and Russia allies?

The two long-serving leaders have had a close relationship. Following the 2022 Russian invasion of Ukraine, Israel-Russia relations took a downturn during Yair Lapid's tenure as Prime Minister of Israel. Relations improved after Netanyahu's return as Prime Minister, although cooler than they were before the invasion.

Who is USA's biggest trading partner?

Who is Mexico's biggest trade partner?

The United States is Mexico's most important trading partner, and U.S.-based companies account for more than half of Mexico's foreign investment. The United States is also the source of between two-fifths and one-half of Mexican imports and the destination for some four-fifths of the country's exports.

Who is the US top trading partner?

The top five purchasers of U.S. goods exports in 2022 were: Canada ($356.5 billion), Mexico ($324.3 billion), China ($150.4 billion), Japan ($80.2 billion), and the United Kingdom ($76.2 billion).

Who is Canada's largest trade partner?

Canada and the United States signed the Free Trade Agreement in 1988 (which was expanded into NAFTA by the addition of Mexico in 1994). Since that time the United States has dominated Canadian trade by an overwhelming degree.

Is Russia a trade partner with the US?

U.S. goods and services trade with Russia totaled an estimated $20.2 billion in 2022. Exports were $4.5 billion; imports were $15.7 billion.

Who sells the most oil in the world?

Saudi Arabia has consistently been the world's top oil exporter, with an estimated 11 million barrels per day (bpd) in 2023. The country has the largest oil reserves globally, and its oil production accounts for nearly a third of the global oil supply.