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RUSSIAN TRADE IN GOODS WITH ASIAN COUNTRIES IN Q2 2020

August 14, 2020
by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The reports on Russia’s trade in goods with the countries of Asia in the 2nd quarter of 2020: exports, imports, products, dynamics.

The major trading partners of Russia in Asia in the 2nd quarter of 2020:

The top ten Russia’s trade partners in Asia in the 2nd quarter of 2020 were China (19.2507% of Russia’s total foreign trade), South Korea (3.5554%), Kazakhstan (3.4495%), Turkey (3.2792%), Japan (3.1570%), India (1.4073%), Uzbekistan (1.1728%), Vietnam (0.9891%), Taiwan (0.9452%), and Hong Kong (0.6449%);

The top ten Russia’s export markets in Asia in the 2nd quarter of 2020 were China (15.2503% of Russia’s total exports), Kazakhstan (4.5194%), Turkey (4.3183%), South Korea (4.1435%), Japan (3.1721%), Uzbekistan (1.6550%), India (1.5022%), Taiwan (1.0852%), Hong Kong (0.9688%), and Azerbaijan (0.6572%);

The top ten Russia’s import suppliers from Asia in the 2nd quarter of 2020 were China (24.6205% of Russia’s total imports), Japan (3.1368%), South Korea (2.7661%), Kazakhstan (2.0133%), Turkey (1.8844%), Vietnam (1.5146%), India (1.2800%), Indonesia (0.7761%), Taiwan (0.7573%), and Thailand (0.5879%).

The most notable changes in Russia's trade with the countries of Asia in the 2nd quarter of 2020 over the 2nd quarter of 2019:

  • The share of Kazakhstan in Russia’s total exports rose from 3.3892% in the 2nd quarter of the 2019 to 4.5194% in the 2nd quarter of the 2020;
  • The share of India in Russia’s total exports declined from 1.9113% in the 2nd quarter of the 2019 to 1.5022% in the 2nd quarter of the 2020;
  • The share of Uzbekistan in Russia’s total exports rose from 0.9150% in the 2nd quarter of the 2019 to 1.6550% in the 2nd quarter of the 2020;
  • The share of Singapore in Russia’s total exports declined 2.2-fold from 0.6678% in the 2nd quarter of the 2019 to 0.3010% in the 2nd quarter of the 2020;
  • The share of Hong Kong in Russia’s total exports rose 3.9-fold from 0.2461% in the 2nd quarter of the 2019 to 0.9688% in the 2nd quarter of the 2020;
  • The share of Iraq in Russia’s total exports declined 4.7-fold from 0.1551% in the 2nd quarter of the 2019 to 0.0327% in the 2nd quarter of the 2020;
  • The share of Saudi Arabia in Russia’s total exports rose 3.9-fold from 0.1541% in the 2nd quarter of the 2019 to 0.6052% in the 2nd quarter of the 2020;
  • The share of Kuwait in Russia’s total exports rose 3.0-fold from 0.1182% in the 2nd quarter of the 2019 to 0.3580% in the 2nd quarter of the 2020;
  • The share of China in Russia’s total imports rose from 20.4082% in the 2nd quarter of the 2019 to 24.6205% in the 2nd quarter of the 2020;
  • The share of Japan in Russia’s total imports declined from 3.9267% in the 2nd quarter of the 2019 to 3.1368% in the 2nd quarter of the 2020;
  • The share of South Korea in Russia’s total imports declined from 3.4984% in the 2nd quarter of the 2019 to 2.7661% in the 2nd quarter of the 2020;
  • The share of India in Russia’s total imports declined from 1.5559% in the 2nd quarter of the 2019 to 1.2800% in the 2nd quarter of the 2020;
  • The share of Kyrgyzstan in Russia’s total imports declined from 0.1579% in the 2nd quarter of the 2019 to 0.0827% in the 2nd quarter of the 2020;
  • The share of Turkmenistan in Russia’s total imports rose 6.1-fold from 0.0686% in the 2nd quarter of the 2019 to 0.4183% in the 2nd quarter of the 2020.

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Source: Federal Customs Service of Russia