What does Russia Export? List of Top Russian Export Products
13 March 2018
Russia is one of the largest export economies in the world.
Russia exports of goods amounted to USD 357 billion in 2017. Russia has the 6th
largest economy by GDP purchasing power parity and 12th largest
nominal GDP in the world. Russia is a very active member of trade organizations
across the world. It is a member WTO, GECF, CIS, APEC, EURASEC, G20 and others.
The greater part of Russia exports belongs to mineral fuels & oils. Other
leading Russian exports are Iron & Steel, Natural Pearls, Machinery, Wood and
Cereals. Russia provides most of the requirements of the CIS countries in oil,
gas, timber and machinery. For the majority of CIS countries, Russia remains
the main trading partner. Let’s take a detailed look at the Russia top 10
exports with their export figures recorded in 2017.
Check Here Imports and Exports of Russia
Russian Exports in Last Five Years
Russia exports of products were declined by 17% during
2015-16 and by 15% of value during 2012-2016. However, the country’s export is
increased in 2017 and recorded USD 357 billion which was USD 285 billion in
2016. Check the below table to know Russian export statistics of last five
years.
Year |
Value (USD Billion) |
2017 |
357 |
2016 |
285 |
2015 |
343 |
2014 |
497 |
2013 |
527 |
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Russia Export Products List
According to Russia Trade Statistics, Russia export products valued USD 357083 million during the year 2017.
Russia’s energy industry is one of the largest industries in the world and
second largest exporter country for these products after Saudi Arabia. Here is
the table representing 10 largest exports of Russia with their value recorded
in 2017.
Product |
Value (USD Million) |
Mineral Fuels |
173299 |
Iron and Steel |
18762 |
Natural Pearls |
11048 |
Machinery |
8541 |
Wood |
7901 |
Cereals |
7527 |
Fertilizers |
7217 |
Aluminium |
6673 |
Copper |
4709 |
Electrical Machinery |
4321 |
Mineral Fuels and Oils
Crude oil and petroleum products are the top exports of
Russia. It has seen a heavy declined in the exports of energy sector products
from Russia in last five years. Russia
exports of mineral fuels & oils stood at USD 173299 million in 2017.
The energy industry products are classified under HS Code 27 which also
includes crude oil, coal, petcoke, electrical energy and other petroleum
products. Netherlands, China, Germany and Korea are main markets for Russia’s
petroleum products exports.
Iron and Steel
Russia exports of
Iron & Steel recorded USD 18762 million in 2017. The country 5th
largest Iron and Steel exporter in the world. Turkey, Taipei and USA are the
main export destination for this product. Russia export market of Iron and
Steel was dropped in 2015 and 2016 but it increased the export sales in 2017. In
this category, semi-finished products of iron or non-alloy steel which
classified under HS Code 7205 stood as most exported commodity to the world.
Natural or Cultured Pearls
In import export business, natural or cultured pearls
including precious stones & metals, gold, silver, diamond etc. are mainly
categorized under HS Code 71. Russia
exports of natural pearls to the world in 2017 worth USD 11048 million and
Belgium, India, Switzerland & UK are the main markets. Russia export sales
of these products raised by 13% in terms of value during 2015-16.
Machinery and Equipment
Russia exports of
machinery in the global market stood at USD 8541 million during the year
2017. China, Kazakhstan, Ukraine and India are Russia’s largest machinery
export partners. Machinery also includes mechanical appliances, nuclear
reactors and boilers. Turbojets, classified under HS Code 8411, stood as top
exports in machinery category. The machinery export sales of Russia is slightly
declined by 3% in last five years.
Wood and its Articles
Russia exports of
wood to the world worth USD 7901 million in 2017 and it was USD 6520
million in 2016. It is 5th largest wood exporter country in the
world. China, followed by Finland and Japan, is the main market for Russia wood
industry. Wood sawn is Russia’s most exported wood article and covered
approximately 40% of wood exports. In import export business, wood sawn is
classified under HS Code 4407. The growth in wood export sales is down by 2% of
value between 2012 and 2016.
10 Largest Export Trading Partners of Russia
Russia’s main export destination include China, Netherlands,
Germany, Belarus and Turkey. Russia exports to China stood at USD 38922 million
in 2017 and represented 11% of share in Russian exports. China demands for
goods from Russia raised by 35% in terms of value in the said year. While Russian
exports to Netherlands stood at USD 35611 million which represented 10% of the
total Russian exports. Refer the below table to check the top 10 trading
partners of Russia with export figures recorded in 2017.
Country |
Value (USD Million) |
China |
38922 |
Netherlands |
35611 |
Germany |
25747 |
Belarus |
18424 |
Turkey |
18220 |
Italy |
13838 |
Korea |
12345 |
Kazakhstan |
12323 |
Poland |
11577 |
USA |
10537 |
Here is the sample of
Russia export data including the data fields that we cover in our report
such as importer exporter name and their address, departure & destination
country, unloading port and other shipment details.
Date |
01 November 2017 |
Russian
Exporter Name |
PJSC "Southern Kuzbass" |
Exporter
Address |
652877, Kemerovo region, Mezhdurechensk, UL.YUNOSTI, 6 |
Foreign
Importer Name |
MECHEL CARBON AG |
Foreign
Importer Address |
6340, SWITZERLAND, BAAR, OBERDORFSTRASSE 11 |
HS
Code |
2701119000 |
Description
of Goods |
Coal ANTHRACITE Others |
Invoice
Value |
USD 119200.28 |
Point
of Delivery of Goods |
Tomusinskaya |
Departure
Country |
Russia |
Country
of Destination |
Japan |
Type
of Transport |
Railway |
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