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25-08-2023
Russia occupies most of North Asia and Eastern Europe, thus making it the largest country in the world in terms of geographical area.
In 2022, Russia imported $194.4 billion worth of products from around the world. Compared to the Russian Federation's expenditure of $293.5 billion in 2021, Russia's imports declined by -33.8% year-on-year.
Russia's exports to the world in 2022 were valued at $501.3 billion, up 1.8% from $492.3 billion in 2021.
Russia's top 5 imports are machinery, including computers: $34.8 billion (17.9%); motors, equipment: $20.9 billion (10.8%); vehicles: $14.5 billion (7.4%); pharmaceuticals: $13.8 billion (7.1%); and plastics, plastic products: $8.7 billion (4.5%).
Russia is the world's leading wheat exporter and one of the most profitable countries in the world in terms of crude oil, refined petroleum and coal sales.
Russia's five most valuable exports in 2022 are crude oil, LPG, refined petroleum, coal, and unwrought aluminum. Overall, these key exports account for 63.1% of Russia's total export sales.
63.4% of Russia's exports were purchased by importers in mainland China (14% of Russia's global total), the Netherlands (8.6%), Germany (6%) , Turkey (5.4%), Belarus (4.7%), the United Kingdom (4.5%), Italy (3.9%), Kazakhstan (3.8%), the United States (3.6%), South Korea ( 3.43%), Poland (3.4%) and Japan (2.2%).
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