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Global Trade Data

Global aluminium market – Russia could see a decline in exports

The global aluminium market will see significant changes in 2022 due to global supply chain disruptions. Countries have put sanctions on Russia over its invasion of Ukraine. Many key importers may refuse to purchase aluminium from Russia, resulting in the restricted flow of commodities. Russia is one of the largest suppliers in the global aluminium market, shipped aluminium worth US$8,750 million in 2021. Let’s have an in-depth analysis of the global aluminium market and Russia’s share in aluminium exports.
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Ukraine US Trade Data

Ukraine-U.S. Trade Record Start But Russia’s Invasion will Upend Trend

Ukraine’s 2022 trade with the United States was off to a record start but the Russian invasion of Ukraine which began in Feb 2022 will certainly upend that trend because of Ukraine’s destroyed infrastructure and affected supply chain of goods. In the month of January, the only 2022 data currently available, Ukraine recorded its highest monthly total in at least two years at US$444.39 million. In fact, for the last five months, Ukraine’s trade with the US topped US$400 million, the only month it has done so in the last two years.
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India Import Data

India Imports 1% Russian Crude Oil of Total and Share from the US Rising

Amid the Russia-Ukraine war, India is importing more volumes of crude oil which is still around 1% of the total oil imports while the volumes from the United States are rising. According to our database, India’s imports of crude oil from Russia totaled US$1,634 million in 2021, and from the U.S. stood at US$8,226 million. Russia shared about 1% and the U.S. shares about 7% of total India’s crude oil imports. Here’s an analysis of India’s oil imports from Russia, the United States, and other countries.
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India Export Data

Russia-Ukraine War – India’s Big Opportunity in Wheat Exports

India can grab the opportunity in boosting wheat exports from ongoing Russia’s invasion of Ukraine. The war between the two wheat-surplus nations has raged on for a month now, with no end in sight. Russia is the world’s top exporter of wheat, accounting for over 17% of global wheat exports, while Ukraine accounts for about 8%, becoming the fifth-largest wheat supplier. India is at the eighteenth position and can improve its ranking by supplying more wheat to countries that rely on Russia and Ukraine.
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Russia Export Data

Russia’s Energy Exports – Europe and Asia are Key Destinations

Europe and Asia are key destinations of Russia’s energy exports. In 2021, Russia exported crude oil to the world worth US$110,119 million, liquefied natural gas to the world worth US$7,320 million, and coal to the world worth US$17,560 million. Europe and Asia together contributed over 90% of Russian energy exports. The trade outlook between Russia and Europe & Asia in 2022 is to be changed global supply chain from has been affected by ongoing Russia’s invasion of Ukraine.
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