These Are Russia's Most Important Export Partners

[D. Schlenk]

https://www.zerohedge.com/geopolitical/these-are-russias-most-important-export-partners


These Are Russia's Most Important Export Partners


BY TYLER DURDEN

WEDNESDAY, MAR 02, 2022


Based on data from the World Integrated Trade Solution
(WITS), a trade software of the World Bank, Russia's most
important export partner by far is China, with a share of
13.4 percent of all exports.

https://wits.worldbank.org/CountryProfile/en/Country/RUS/Year/2019/TradeFlow/Export#

The Netherlands follows in second place. This is presumably
due to the so-called Rotterdam effect. Rotterdam, for
example, as the largest European port, appears as a
destination in many trade statistics, even if the goods are
merely being unloaded there and then transported up the
Rhine to Germany or across the English Channel to England.

But, as Statista's Martin Armstrong points out, the most
recent figures also highlight the importance of the
Russia-Germany trade relationship - Russia exported mainly
crude oil and natural gas worth 19.4 billion euros to
Germany - this corresponds to a 59 percent share of all
German imports from Russia. Russia also supplied metals,
petroleum and coke products and coal to Germany.

https://www.statista.com/chart/26948/biggest-export-partners-of-russia/

https://cdn.statcdn.com/Infographic/images/normal/26948.jpeg

Infographic: Russia's Most Important Export Partners |
Statista

You will find more infographics at Statista

Other important export markets for Russia are Belarus,
Turkey, South Korea, Italy and Kazakhstan.

The share of Russian exports to the United Kingdom and the
United States, on the other hand, is only 3.1 per cent.

Additionally, this Statista infographic based on current
calculations by the Kiel Institute for the World Economy
shows which trade sanctions by the West would hit the
Russian economy the hardest.

https://www.statista.com/chart/26927/estimated-change-in-russias-gdp-due-to-western-sanctions-per-sector/

https://cdn.statcdn.com/Infographic/images/normal/26927.jpeg

Infographic: Gas Embargo Would Hit Russia Hardest | Statista

You will find more infographics at Statista

According to this, a trade stop with natural gas would have
the most serious impact.