Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

These Are Russia’s Most Important Export Partners

Courtesy of ZeroHedge View original post here.

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.

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.

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.

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.


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!