| # | Export product | Value |
|---|---|---|
| 1 | Crude Petroleum | 121,443 |
| 2 | Refined Petroleum | 66,887 |
| 3 | Unspecified commodities | 55,265 |
| 4 | Coal | 15,987 |
What are the top 3 Exports of Russia?
Searchable List of Russia’s Most Valuable Export Products
| Rank | Russia’s Export Product | Change |
|---|---|---|
| 1 | Crude oil | -40.4% |
| 2 | Processed petroleum oils | -32.5% |
| 3 | Gold (unwrought) | +222.9% |
| 4 | Coal, solid fuels made from coal | -23.1% |
What makes Russia one of the largest exporters?
Russia is one of the largest exporters in the world, occupying the first position in the world when it comes to the export of natural resources like coal, and among the top exporters of oil and gas. Russia is also one of the largest exporter of cereals in the world.
What is Russia’s main exported good?
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.
What is Russia’s biggest import?
Top 10
- Machinery including computers: US$43.1 billion (18.6% of total imports)
- Electrical machinery, equipment: $30.2 billion (13%)
- Vehicles: $18.4 billion (7.9%)
- Pharmaceuticals: $10.8 billion (4.7%)
- Plastics, plastic articles: $9.3 billion (4%)
- Optical, technical, medical apparatus: $8.1 billion (3.5%)
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What products are made in Russia?
Importers of Russian consumer goods worldwide prefer glassware, porcelain and ceramics, jewelry, musical instruments, children’s goods, and fashion accessories. Russian porcelain goods are well-known abroad. The country’s Imperial Porcelain Factory has been producing top-quality china for over two centuries now.
What car is made in Russia?
It currently employs more than 130,000 people, and its Lada models dominate the Russian car market. Avtovaz models account for about 50% of Russia’s total car production.
What does US import from Russia?
| United States imports from Russia | Value | Year |
|---|---|---|
| Mineral fuels, oils, distillation products | $13.76B | 2019 |
| Pearls, precious stones, metals, coins | $2.18B | 2019 |
| Iron and steel | $1.45B | 2019 |
| Fertilizers | $1.06B | 2019 |
Why is Russia debt so low?
So basically, they have little debt because they’ve had little time to build it up. There’s also the factor that as a new and potentially unstable entity, there would have been a reluctance with many to lend Russia money.
What products do we import from Russia?
The top three U.S. imports from Russia, also by value, were Gasoline, other fuels, (2) Unwrought platinum in various forms, and (3) Oil.
Who is Russia’s largest trading partner?
In 2020, Russia’s main trade partner was China, as the volume of export and import trade between the two countries reached nearly 104 billion U.S. dollars. China was the country’s both leading import origin and export destination.
What does Russia make money from?
Russia’s economy is dependent on the export of oil and natural gas, both of which are under the control of the Russian government. This lack of economic diversification puts Russia at a disadvantage when demand for its energy products plummet, which then causes the Russian economy to contract.
Do we trade with Russia?
U.S. goods and services trade with Russia totaled an estimated $34.9 billion in 2019. … The U.S. goods trade deficit with Russia was $16.5 billion in 2019. Trade in services with Russia (exports and imports) totaled an estimated $6.9 billion in 2019. Services exports were $5.1 billion; services imports were $1.8 billion.
What food does Russia import?
While imports of consumer oriented products have fallen by more than 35 percent since 2014, Russia remains a net importer and continues to rely on foreign supplies of fresh and dried fruit, nuts, vegetables, beef, cheese, wine, spirits, food ingredients, and processed foods, including condiments, snacks and juices.
Does the US get oil from Russia?
U.S. petroleum imports from Russia 2000-2019. … In 2019, the United States imported an average of 515,000 barrels of petroleum per day from Russia.
What does Canada import from Russia?
Mineral products, precious stones and beverages are Canada’s major imports from Russia.