What does Russia export the most?

Exports The top exports of Russia are Crude Petroleum ($113B), Refined Petroleum ($81.8B), Petroleum Gas ($37.7B), Coal Briquettes ($19.1B), and Gold ($19.1B), exporting mostly to China ($70.9B), Netherlands ($39B), United States ($27.4B), United Kingdom ($24.7B), and Italy ($22.2B).

What are the biggest exports from Russia to the US?

Russia-United States In 2021, Russia exported $27.4B to United States. The main products that Russia exported to United States are Refined Petroleum ($13.2B), Crude Petroleum ($3.77B), and Platinum ($2.4B).

What does us get from Russia?

The top import categories (2-digit HS) in 2019 were: mineral fuels ($13 billion), precious metal and stone (platinum) ($2.2 billion), iron and steel ($1.4 billion), fertilizers ($963 million), and inorganic chemicals ($763 million). U.S. total imports of agricultural products from Russia totaled $69 million in 2019.

What does Russia provide to the world?

It is the world's leading natural gas exporter, the second-largest natural gas producer, and the second-largest oil exporter, and producer. Russia's foreign exchange reserves are the world's fourth-largest. It has a labour force of roughly 70 million people, which is the world's sixth-largest.

Why does the world rely on Russia?

Russia provides roughly 10 percent of the global supply of oil. Russia is one of the three top oil producers in the world, after the United States and Saudi Arabia. Shortly after Russia's invasion of Ukraine in late February, traders and European refineries significantly reduced their purchases of Russian oil.

Ask an Expert: Understanding Russia's Import-Export Market

What does Russia help the US with?

Russia and the United States maintain one of the most important, critical and strategic foreign relations in the world. Both nations have shared interests in nuclear safety and security, nonproliferation, counterterrorism, and space exploration. Embassy of Russia, Washington, D.C.

Who is Russia's largest trading partner?

The value of total exports from Russia to its major trade partner — China — amounted to nearly 69 billion U.S. dollars in 2021.

What Russian products are sold in America?

Who are Russia's biggest partners?

Major trade partners of Russia 2021, by value

In 2021, Russia's main trade partner was China, as the volume of export and import trade between the two countries reached nearly 141 billion U.S. dollars. China was the country's both leading import origin and export destination.

Who buys most of Russia's oil?

As one might expect, China has been the top buyer of Russian fossil fuels since the start of the invasion. Russia's neighbor and informal ally has primarily imported crude oil, which has made up more than 80% of its imports totaling more than $55 billion since the start of the invasion.

What does Ukraine supply to the US?

In 2018, of the $1.4 billion in U.S. imports from Ukraine, the top commodity sectors were Base Metals (68.4%), Agriculture (9.3%), and Machinery and Mechanical Appliances (5.7%).

What food items come from Russia?

What products do we buy from Russia?

Russia is a key supplier of not just oil and gas, but also wheat, metals and fertilizers. Sanctions on Russia have led to sharp rises in various commodity prices.

What does the US buy most from Russia?

In 2021, of the $29.7 billion in U.S. imports from Russia, the top commodity sectors were Oils and Minerals, Lime, and Cement (59.2%), Base Metals, Iron, Steel, Tools (13.4%), and Stone, Glass, Metals, Pearls (10.1%).

What food does America import from Russia?

What liquor is imported from Russia?

Vodka is the only spirit listed as a Russian import in the report. The connection between Russia and vodka runs deep. The clear liquor distilled from grains gets its name from the Russian word "voda," which means water, and has long been associated with the Slavic country.

Who is Russia's biggest oil customer?

Russia exported crude oil worth nearly 35.4 billion U.S. dollars to China, which was the highest export value of this commodity among other destinations in 2021. The Netherlands and Germany were the second and third major export destinations of crude oil from Russia, respectively.

What countries does Russia rely on?

Russia imports machinery and equipment, vehicles, consumer goods, foodstuffs, chemical products, industrial consumer goods. Major trading partners of Russia are Germany, Italy, China, Turkey, Poland, Switzerland, United Kingdom, United States, and Finland.

Does the US get oil from Russia?

The United States has imported a relatively small share of crude oil from Russia, but U.S. imports of petroleum products from Russia—namely, unfinished oils and fuel oil—is a larger share. U.S. refineries use imported unfinished oils and fuel oil as a supplement to crude oil in the refining process.

Does the US rely on anything from Russia?

The most common products imported from Russia include "mineral fuels ($13 billion), precious metal and stone (platinum) ($2.2 billion), iron and steel ($1.4 billion), fertilizers ($963 million), and inorganic chemicals ($763 million)." Many of the important are critical to the manufacturing of highly technological ...

How strong is US military compared to Russia?

The US dominates the air with far more bases, fighter jets and bombers than Russia but Russia is superior on the ground with more tanks, artillery and land vehicles. At sea, the countries are more evenly matched, but here the US has the edge with more destroyers, submarines and aircraft carriers.