Foreign trade of the Russian Federation in 2023

The foreign trade of the Russian Federation in 2023 is a topic that will be explained to you dear ones on the specialized website of Jam Jahan Nama Asadi Trading Company.

Data from the Russian Federal Customs Service show that the country's foreign trade in 2023 decreased by 16.24 percent from $847.8 billion in 2022 to $710.1 billion in the period under review. The total export of this country decreased by 28.3% to 425.1 billion dollars, while the import increased by 11.7% to 285.1 billion dollars, so the positive foreign trade surplus of this country decreased from 337.2 billion dollars to 140 billion dollars compared to the same period last year. found

 

 

In the export structure, the share of mineral products, including fuel and energy sector products, decreased by 4.9% to 61.2% (260.1 billion dollars). The share of metals and products made from them increased by 2.2% to 14.1% (60 billion dollars). The share of export of agricultural products increased by 3.1% to 10.1% (43.1 billion dollars). Most imports include machinery, equipment and vehicles. Their share increased by 5.1% to 51.1% (145.8 billion dollars). After them are chemical industry products, whose share has decreased by 2.8% to 19.5% (55.7 billion dollars). The third place in imports is agricultural products, whose share has reached 12.3% (35.1 billion dollars) with a decrease of 1.7%.

As can be seen in the graph below, in 2023, compared to the previous year, only the Russian import index has experienced an increasing trend.

 

 

A) Europe:

The biggest decrease in Russia's foreign trade last year due to the crisis in Ukraine and the imposition of western sanctions against this country is related to the amount of trade between Russia and Europe, which this year compared to the same period of the previous year showed a decrease of 53.99%. has registered, and Fimabin's business transactions increased from 355.1 billion dollars in 2022 to 163.4 billion dollars last year. Last year, Russian exports to European countries decreased by 68% from 265.6 billion dollars to 84.9 billion dollars in 2022, and imports decreased by 12.3% from 89.5 billion dollars to 78.5 billion dollars. Europe's share of the country's foreign trade in 2023 will drop dramatically to about 50 percent in 2022, from 42 percent to 23 percent.

 

 

b) Asia:

While Russia's foreign trade with Europe saw a significant decrease in the shadow of Ukraine developments, Russia's exports to Asian countries increased by 5.6% to 306.6 billion dollars, and imports also increased by 29.2% to 187.5 billion dollars, and both of these indicators in 2022 was 290.4 and 145.2 billion dollars respectively. The total volume of Russian trade with this continent increased by 13.44% from 435.6 to 494.1 billion dollars in 2023.

Data from the Russian Customs Service showed that Russia's dependence on trade with Asia increased sharply in 2023, while the country's trade with European markets decreased, while Asia's share of Russia's exports and imports increased to 72 and 68 percent, respectively. In general, the share of this continent in Russia's foreign trade increased from 52% to 70%.

 

 

3) USA:

The countries of the American continent are in the third place of Russia's trading partners last year, and the data announced by the Russian customs shows that the share of the countries of this continent in the country's foreign trade decreased from 4.41% in 2022 to 3.84% last year. has had The volume of Fimabin business transactions in 2023 compared to 2022 with a decrease of about 10 billion caused Fimabin relations to decrease by 27.15% and the trade index to decrease from 37.4 billion dollars in 2023 to 27.2 billion dollars. In both indicators of Russian exports to this continent and imports from this continent, we saw a decrease of 40.4% and 11%, respectively. An important point is that Russia's trade balance with this continent in 2023 was negative by 2.8 billion dollars.

 

 

4) Africa:

The data announced by the Russian customs shows the increase in the country's trade with African countries, thus the volume of Fimabin trade in 2023 compared to 2022 has increased by 36.99% from 17.9 billion dollars in 2022 to 24.5 billion dollars. . Exports have increased by 42.9% and imports by 8.6%. The volume of export goods in 2022 was announced as 14.8 billion dollars and in 2023 as 21.2 billion dollars. On the other hand, Russia imported goods from the countries of this continent in 2022 in the amount of 3.1 billion dollars and in the period under review in the amount of 3.4 billion dollars. The share of this continent in Russia's foreign trade increased from 2.11% to 3.45%.

 

 

5) Oceania:

This continent ranked last with a share of 0.08% in 2022 and 0.02% last year, and with a drop of 74.52% in trade with this country, it contributed only 200 million dollars in the trade of this country, which compared to 2022 in the amount of It has decreased by 500 million dollars.

جدول تجارت خارجی روسیه با قاره‌های جهان در سال 2023

	صادرات روسیه			واردات روسیه			جمع کل تجارت خارجی روسیه
	2022	2023	درصد تغییرات	2022	2023	درصد تغییرات	2022	2023	درصد تغییرات
اروپا	265.6	84.9	68%-	89.5	78.5	12.3%-	355.1	163.4	53.99%-
آسیا	290.4	306.6	5.6	145.2	187.5	29.2	435.6	494.1	13.44%
آفریقا	14.8	21.2	42.9	3.1	3.4	8.6	17.9	24.5	36.99%
اقیانوسیه	0.3	0.0	97.5%-	0.4	0.2	58.2%-	0.7	0.2	74.52%-
آمریکا	20.5	12.2	40.4%-	16.8	15.0	11%-	37.4	27.2	27.15%-
جمع	592.5	425.1	28.3%-	255.3	285.1	11.7	847.8	710.1	16.24%-

 

 

Source: Deputy of Economic Diplomacy of the Ministry of Foreign Affairs

Second source: Customs of the Russian Federation

 

For any questions or advice about the foreign trade of the Russian Federation in 2023, you can contact the experts Jam Jahan Nama Asadi Trading Company or the phone numbers listed on the contact site take