How much does Russia export to other countries? This is a question that many of us are asking ourselves these days. Following the outbreak of war after the invasion of Russia and the sanctions by the United States and the European Union, many people are wondering how much the Russian export market is worth. A first figure can help us answer this question. According to World Integrated Trade Solution estimates, Russia’s exports in 2019 were 426,7 billion US dollars.
But which are the countries in the world where Russia exports the most? And how have exports changed from 1996 to 2019?
Export from Russia
If Russia’s total exports to the world amounted to over $426 billion, who are Russia’s main economic partners? The top nation in the world in 2019 for exports from Russia was China.
Russia’s exports to China in 2019 exceeded $57 billion. In total, China is the nation that imports the most from Russia with $57,321,295,780.
In second place of the countries where Russia exports the most are the Netherlands with a value of 44,7878,959,710 dollars. Detached, and with less than 30 billion dollars, are Germany, Belarus and Turkey.
Which of the top 15 countries in the world for exports from Russia have sanctions in place against the Russian Federation? Interestingly, not all of the world’s top 15 countries for exports from Russia have applied sanctions. China, for example, the world’s leading exporter from Russia, has not applied sanctions but has said it is willing to mediate between Russia and Ukraine. Other nations that have not placed sanctions include Belarus (part of Russia’s attack on Ukraine originated there). Kazakhstan where Russia exported over $14 billion in 2019 and India which was ranked 14th globally in 2019.
Ukraine was Russia’s largest trading partner in 1996
And in 1996, what was the situation? The 1996 figure is the first available in the WITS (World Integrated Trade Solution) database. Russia’s exports in 1996, a few years after the fall of the Berlin Wall, were worth $88,703,000,000.
But what was the top exporting country in that year? In first place among the nations was Ukraine. The Russian Federation exported over $7.555 billion to Ukraine. In second place among nations was Germania with over 7 billion and followed by the United States with 5.068 billion and China with 4.750 billion. Closing the top 15 were Poland with 2.477 billion and Hungary with 1.978 billion.
Exports from Russia
To understand how the value of exports from Russia to other countries has changed, just look at the graph below. The data from 1993 to 2019 show a steady growth in exports (calculated in dollars). In 2019, the figure was 426 billion 720 million.
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