Russia’s Top Import Partners

Russia’s Top Import Partners

by Flagpictures.org

Officially named the Russian Federation, Russia is the world’s largest country in terms of geographic area. It shares land or maritime borders with 16 other countries.

Russia shipped US$492.1 billion worth of products around the globe in 2014. That figure represents 2.7% of worldwide exports estimated at $18.2 trillion.

Russia’s Top Import Partners

Below is a list of Russia’s top 15 trade partners that imported the most Russian shipments by dollar value during 2014. Also shown is each import country’s percentage share of total exports from Russia.

  1. Netherlands: US$67,758,633,000 (13.8% of total Russian exports)
  2. China: $37,236,810,000 (7.6%)
  3. Germany: $36,815,710,000 (7.5%)
  4. Italy: $35,684,169,000 (7.3%)
  5. Turkey: $24,794,486,000 (5.0%)
  6. Japan: $19,742,765,000 (4.0%)
  7. Belarus: $19,252,156,000 (3.9%)
  8. South Korea: $17,678,837,000 (3.6%)
  9. Ukraine: $17,050,291,000 (3.5%)
  10. Poland: $15,906,134,000 (3.2%)
  11. Kazakhstan: $13,716,995,000 (2.8%)
  12. Latvia: $12,749,242,000 (2.6%)
  13. United Kingdom: $11,556,145,000 (2.3%)
  14. Finland: $11,319,625,000 (2.3%)
  15. United States: $10,467,890,000 (2.1%)

During 2014, almost three-quarters (71.5%) of Russian shipments were delivered to the above 15 trade partners.

From 2010 to 2014, the countries that increased their Russian imports the least were Finland (up 5.3%), Belarus (up 6.5%) and Poland (up 11.9%).

Russian exports to the United States told an even more somber story, falling 12.3% over the five-year period.

Top-gainers among the listed Russian product importers were Germany (up 132.1%), Latvia (up 130.3%) and China (up 88.2%).

See also Russia’s Fastest-Growing Import Partners and Highest Value Russian Import Products


 
Research Sources:
The World Factbook, Field Listing: Imports, Central Intelligence Agency. Accessed on March 30, 2015

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on March 30, 2015