The main exports from the UK to Russia in 2021 were machinery and transport equipment (£1.5 billion) and chemicals (£0.7 billion). Cars accounted for £0.4 billion of the machinery and transport equipment exports; 1.6% of the UK’s total car exports 2021.
Does Russia buy from UK?
Real estimates (constant prices) take account of inflation. Total trade in goods and services (exports plus imports) between the UK and Russia was £17.2 billion in the four quarters to the end of Q1 2022, an increase of 22.4% or £3.1 billion from the four quarters to the end of Q1 2021.
Does the UK export anything to Russia?
In the four quarters to the end of Q2 2022, total UK exports to Russia amounted to £4.2 billion (a decrease of 2.0% or £87 million compared to the four quarters to the end of Q2 2021).
How much does the UK export to Russia?
| United Kingdom Exports to Russia | Value | Year |
|---|---|---|
| Paper and paperboard, articles of pulp, paper and board | $12.63M | 2021 |
| Residues, wastes of food industry, animal fodder | $12.26M | 2021 |
| Iron and steel | $11.00M | 2021 |
| Vegetable, fruit, nut food preparations | $10.00M | 2021 |
What Russia trades with England?
The most exported goods were cars, pharmaceutical products, specialised machinery, and power generators. This is shown in the graphic below, reproduced from the Office for National Statistics (ONS). Source: ONS, ‘UK trade: December 2021’, 11 February 2022.
What does the UK import to Russia?
| United Kingdom Imports from Russia | Value | Year |
|---|---|---|
| Pearls, precious stones, metals, coins | $17.42B | 2021 |
| Mineral fuels, oils, distillation products | $6.03B | 2021 |
| Wood and articles of wood, wood charcoal | $355.76M | 2021 |
| Inorganic chemicals, precious metal compound, isotope | $149.91M | 2021 |
What do we trade with Russia?
Of the $5.8 billion in U.S. exports to Russia in 2016, the top commodity sectors were transportation equipment (33.9%), machinery and mechanical appliances (31.0%), and chemicals, plastics, and leather products (13.9%).
What does Russia provide England?
Russia is Europe’s largest supplier of natural gas, providing around 35 per cent of the gas used across the continent. The UK’s reliance on Russian gas is far less significant, at just 3 per cent. About half of the UK’s gas comes from the North Sea, and a third is sourced from Norway.
Who still trades with Russia?
List of the largest trading partners of Russia
| Rank | Country | Export (2017) |
|---|---|---|
| 1. | China (economy, trading partners) | 39.1 |
| 2. | Netherlands (economy, trading ) | 27.7 |
| 3. | Germany (economy, trading partners) | 19.9 |
| 4. | Belarus (economy, trading partners) | 18.5 |
What is UK dependent on Russia for?
UK reliance on Russian fossil fuels
In 2021 imports from Russia made up 4% of gas used in the UK, 9% of oil and 27% of coal. In 2021, imports of gas, oil and coal from Russian to the UK were worth a combined £4.5 billion.
Does UK import fish from Russia?
Russia plays key role in UK supply
Seafish estimates that in total, around 30 percent of the UK’s whitefish imports originate in Russia.
Can UK survive without Russian gas?
Replacing 130 bcm of natural gas imports from Russia within a year would be a significant challenge, but, as our rough estimates show, not impossible.
What does UK import from Ukraine?
The UK imported £200 million of food and live animals from Ukraine in 2021, accounting for 0.5% of all imports of this commodity. This primarily included imports of cereals (£130 million) such as wheat, maize, barley, and rice.
Who is Russia’s biggest trade partner?
China
RUSSIA top 5 Export and Import partners
| Market | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| China | 49,146 | 14.58 |
| Netherlands | 24,819 | 7.36 |
| United Kingdom | 23,158 | 6.87 |
| Germany | 18,619 | 5.52 |
What goods do we rely on from Russia?
Exports The top exports of Russia are Crude Petroleum ($74.4B), Refined Petroleum ($48B), Petroleum Gas ($19.7B), Gold ($18.7B), and Coal Briquettes ($14.5B), exporting mostly to China ($49.3B), United Kingdom ($25.3B), Netherlands ($22.5B), Belarus ($15.8B), and Germany ($14.2B).
Who is Russia’s biggest export partner?
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.
Which country is most dependent on Russia?
Trade with Russia
Belarus is by far the most heavily dependent country on Russia for trade, according to Statista’s new Russia Ukraine War Crisis Report, as imports and exports to and from the country are equivalent to nearly half of the country’s GDP.
Is Nestle still in Russia?
Swiss food giant Nestle is pulling its popular brands out of Russia but will still sell essential foods.
Who does Russia buy its weapons from?
France, top exporter of arms to Russia
As reported by Disclose, France has sold €152 million worth of military equipment to Russia.
What Russian goods are sold in UK?
These include palladium, platinum and silver among others and are used for a wide range of purposes including in catalytic converters, solar panels and batteries. The main exports from the UK to Russia in 2021 were machinery and transport equipment (£1.5 billion) and chemicals (£0.7 billion).
Who owns North Sea oil?
The Norwegian and British sectors hold most of the large oil reserves. It is estimated that the Norwegian sector alone contains 54% of the sea’s oil reserves and 45% of its gas reserves. More than half of the North Sea oil reserves have been extracted, according to official sources in both Norway and the UK.