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Russia’s Imports in Q1 2020 Level with Q1 2019

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    This article uses the data of the SeaNews Russian Foreign Trade Customs Statistics online service available for subscribers.

    According to SeaNews Russian Foreign Trade Customs Statistics online service, in Q2 2020 Russia imported $52.9 bn worth of goods, up $0.2 bn or 0.4% year-on-year. In terms of tonnage, imports remained on the previous year’s level  amounting to 29.4 mn tons.

    The share of the Top 5 countries of origin in the entire import amount made 47.4% in terms of value and 66.3% in terms of tonnage.

    In terms of value, China remains the leading trade partner of Russia import-wise. In Q1 2020, import from China decreased by 3.3% down to $11.6 mn.

    Imports from Germany increased by 4% up to $5.2 bn.

    Import from the US to Russia was worth $3.3 mn, same as in the first quarter of 2019.

    Imports from Belarus increased by 8% up to $2.7 bn.

    France exported to Russia $2.3 bn worth of goods, up 27.8% year-on-year.

    In terms of tonnage, Kazakhstan rates the first in among the top exporters to Russia. During the first quarter of 2020, imports from Kazakhstan increased by 4.6% up to 11.4 mn tons.

    Belarus rates the second with 3 mn tons of cargo delivered into Russia, 7.7% less than during the first quarter of last year.

    Imports from China decreased by 7.7% down to 2.4 mn tons.

    Ukraine’s export to Russia made 1.9 mn tons (-26.9% year-on-year).

    Imports from Finland surged 2.7-fold up to 0.8 mn tons.


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