What are Russia’s top 10 exports?

According to the Russia export data, Russia exported commodities totaling $531.89 billion with an increase of 15.01% from 2021. The top 10 Russian exports had a total value of $339.84 billion in 2022. Find out more about the Russia’s top 10 exports based on our customs database and other profitable information.

What are Russia’s top 10 exports?

Introduction

Russia, the largest country in the world, is known for its vast natural resources and diverse economic activities. Due to its cross-country nature, its region passes through both Northern Asia and Eastern Europe. In particular, 16 countries, including the USA, Japan, Norway, Poland, Ukraine, Belarus, and more, border Russia. When it comes to the land area, Russia is the best-ranked nation in Asia. The country has a strong export sector, contributing significantly to its economic growth. Based on the Russia Trade Data for the year 2022, out of 226 countries, Russia continued to be the world's 12th largest exporter of goods. According to the Russia export data, Russia exported goods worth $531.89 billion in 2022. Let’s explore Russia's top 10 exports and delve into some interesting facts about the country's export data.

What are the top 10 Exports of Russia?

Russia’s top 10 exports had a total value of $339.84 billion in goods. The top ten exports from Russia as of the year 2022 according to the export data of Russia are as follows:

  1. Mineral energies and resources ($212.41 billion)
  2. natural and civilized resources ($31.58 billion)
  3. iron and metal ($28.88 billion)
  4. Pharmaceuticals ($12.5 billion)
  5. Articles of iron ($11.74 billion)
  6. machinery ($10.77 billion)
  7. cereals ($9.17 billion)
  8. aluminum products ($8.66 billion)
  9. ores and sediment ($7.42 billion)
  10. plastic products ($6.17 billion)

  1. Mineral energy and resources ($212.41 billion)

Russia is known for its abundant reserves of mineral energy and resources. In fact, it is one of the world's leading exporters of these commodities. The country's favorable geographic location and advanced infrastructure enable it to efficiently extract and export these resources.

  1. Natural and civilized resources ($31.58 billion)

Another major component of Russia's export sector is natural resources. The country is rich in various minerals and natural resources such as iron ore, copper, nickel, and gold.

  1. Iron and metal ($28.88 billion)

Russia has a well-developed iron and metal industry, which plays a crucial role in its export market. The country's competent workforce and modern infrastructure have facilitated the growth of this industry, making it a significant contributor to Russia's export revenues.

  1. Pharmaceuticals ($12.5 billion)

Pharma and Medicinals are huge export commodities in the top 10 Russian exports. The country's expertise in this sector allows it to cater to both domestic and international markets.

  1. Articles of iron ($11.74 billion)

In addition to finished iron and steel products, Russia also exports quality articles of iron. These exports include billets, slabs, and other intermediate iron articles.

  1. Machinery ($10.77 billion)

Russia's machinery industry has witnessed substantial growth in recent years. The country exports a wide range of machinery and equipment, including electrical machinery, and mechanical appliances.

  1. Cereals ($9.17 billion)

Russia has vast agricultural lands and is known for its exports of cereals such as wheat, corn, barley, and millet. With its fertile soil and favorable climate, Russia has the potential to be a major player in the global agricultural market.

  1. Aluminum products ($8.66 billion)

Russia's Aluminum export industry has witnessed significant growth in recent years. The country is now a major exporter of aluminum-based products around the globe.

  1. Ores and sediment ($7.42 billion)

Russia's rich mineral deposits make it a significant exporter of ores and sediment.

  1. Plastic products ($6.17 billion)

The plastic export industry has seen a major increase in the demand for exports in 2022. Russia exports a large number of plastic products globally.

 

Who are the top export partners of Russia in 2022?

Russia’s major export partners in 2022 include:

  1. China ($68.67 billion)
  2. Turkey ($42.14 billion)
  3. India ($29.64 billion)
  4. Italy ($26.42 billion)
  5. Germany ($23.13 billion)
  6. the United Kingdom ($22.27 billion)
  7. Belarus ($19.28 billion)
  8. Kazakhstan ($18.49 billion)
  9. the USA ($17.74 billion)
  10. South Korea ($16.89 billion)

What are the top 10 Export Companies of Russia in 2022?

Major exporting companies of Russia in 2022 are:

  1. Emarat shipping INC
  2. Sejega food processing
  3. Lumani enterprise
  4. Miroglio textile SRL
  5. Ga west port mobile ernest
  6. Parusso Armando SOC Agricola
  7. Mefemet SRL
  8. Interline connections
  9. Standard Furniture Manufacturing Co.
  10. Marcelo Soto Clausen

What details are covered under Russia’s export data?

You can find information on other fields, including the total value of the money, an item's description, its price, and other factors, in Russia Export Data customs records and other Russian reports. It includes all fields related to HS standards, exporter names, ideal nations, etc. For merchandisers and advertisers, this custom product information is essential knowledge that enables them to make wise decisions. In 2022, Russia exported commodities totaling $531.89 billion with an increase of 15.01% from 2021. According to Russia's trade data for 2022, important export partners included China, Turkey, India, Italy, and Germany.

Aside from this, information about Russia's trade is useful for educating a person about the various modes of transportation and the country's goals. Russia's exchange information does provide a competitor analysis of colorful associations in a particular area, which can be extremely helpful for every exporter and dealer.

Conclusion

In conclusion, a variety of industries are represented in Russia's top 10 exports amounting to a total value of $339.84 billion, highlighting the nation's diverse economy and abundance of natural resources. The top 10 export statistics of Russia reflect its major contributions to the global market, which range from mineral resources to plastic products. The nation's successful exporting is a result of its thriving industries, competent labor, and hospitable business environment.

FAQS

  1. What is the total value of the top 10 exports of Russia?

          The total value of the top 10 exports of Russia in 2022 was $339.84 billion.

  1. What is the main export of Russia in terms of value?

          Mineral energies and resources were the main export commodity of Russia in 2022.

  1. Which country was Russia's top export partner in 2022?

          China was the main export partner of Russia in 2022.

  1. What is one of the major industries in Russia's export sector?

          One of the top export industries in the Russian export sector was Pharmaceuticals.

  1. What is a noteworthy feature of Russia's machinery industry?

Substantial growth in recent years has been a noteworthy feature and an important aspect in Russia’s machinery industry.

Read More:-

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