Steam Turbines in Russia

EXPORTS (2018): $223M, World Rnk 7 / 110
Flag Rnk 141 / 1196

TOP DESTINATION (2018): $120M, India

FASTEST GROWING MARKET (2017 - 2018): $120M, India

IMPORTS (2018): $41.2M, World Rnk 35 / 174
Flag Rnk 583 / 1200

TOP ORIGIN (2018): $10.7M, Czechia

FASTEST GROWING ORIGIN (2017 - 2018): $7.54M, Czechia

ECONOMIC COMPLEXITY of Russia (2018): 0.6, Rnk 41 / 137

PRODUCT COMPLEXITY  IN Steam Turbines (2018): 1.36, Rnk 71 / 1018

Overview: This page contains the latest trade data of Steam Turbines in Russia.

Exports: In 2018, Russia exported $223M in Steam Turbines, making it the 7th largest exporter of Steam Turbines in the world. At the same year, Steam Turbines was the 141st most exported product in Russia. The main destination of Steam Turbines exports from Russia are: India ($120M), Belarus ($47.1M), Uzbekistan ($15.3M), Kazakhstan ($10.3M), and Cuba ($9.85M).

The fastest growing export markets for Steam Turbines of Russia between 2017 and 2018 were India ($120M), Belarus ($18.9M), and Uzbekistan ($14.9M).

Imports: In 2018, Russia imported $41.2M in Steam Turbines, becoming the 35th largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 583rd most imported product in Russia. Russia imports Steam Turbines primarily from: Czechia ($10.7M), Ukraine ($8.51M), Austria ($6.03M), Germany ($4.55M), and China ($4.26M).

The fastest growing import markets in Steam Turbines for Russia between 2017 and 2018 were Czechia ($7.54M), Austria ($5.24M), and Finland ($2.58M).

Tariffs: In 2018, the average tariff for Russia in Steam Turbines was 11.5%. The countries with the highest import tariffs for Steam Turbines were Angola (12%), Burundi (12%), Benin (12%), Burkina Faso (12%), and Botswana (12%).

Overview: In June 2020 Russia's Steam Turbines exports accounted up to $4.38M and imports accounted up to $2.76M, resulting in a positive trade balance of $1.63M. Between June 2019 and June 2020 the exports of Russia's   Steam Turbines have decreased by $-2.49M (-36.2%) from $6.87M to $4.38M, while imports increased by $1.21M (78.3%) from $1.55M to $2.76M.

Destinations: In June 2020 Steam Turbines exported mostly to Kazakhstan ($2.43M), Belarus ($811k), Mongolia ($685k), India ($288k), and Uzbekistan ($83.9k), and imported mostly from Czechia ($2.15M), China ($255k), Italy ($212k), and Poland ($137k).

Growth: In June 2020, the decrease in Steam Turbines's year-by-year exports was explained primarily by a decrease in exports to Mongolia ($-4.78M or -87.5%). In June 2020, the increase in Steam Turbines's year-by-year imports was explained primarily by an increase in imports from Czechia ($1.9M or 768%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (June 2019 - June 2020): $-2.49M, (-36.2%)

IMPORT GROWTH (June 2019 - June 2020): $1.21M, (78.3%)

MAIN EXPORTER (June 2020): Sverdlovsk Region, $3.05M

MAIN DESTINATION (June 2020): Kazakhstan, $2.43M

This section shows Steam Turbines's exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Steam Turbines over time.

Value

EXPORTS (2018): $223M

IMPORTS (2018): $41.2M

NET TRADE (2018): $182M

In 2018, Russia exported $223M in Steam Turbines. The main destinations of Russia exports on Steam Turbines were India ($120M), Belarus ($47.1M), Uzbekistan ($15.3M), Kazakhstan ($10.3M), and Cuba ($9.85M).

In 2018, Russia imported $41.2M in Steam Turbines, mainly from Czechia ($10.7M), Ukraine ($8.51M), Austria ($6.03M), Germany ($4.55M), and China ($4.26M).

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IN 2018, Russia HAD A POSITIVE NET TRADE IN Steam Turbines WITH:

  • India, $120M ($120M - $13.8k)
  • Belarus, $47M ($47.1M - $47.8k)
  • Uzbekistan, $15.3M ($15.3M - $0)

IN 2018, Russia HAD A NEGATIVE NET TRADE IN Steam Turbines WITH:

  • Czechia, -$10.3M ($359k - $10.7M)
  • Ukraine, -$7.8M ($706k - $8.51M)
  • Austria, -$6.03M ($0 - $6.03M)
Flow

THE FASTEST GROWING Steam Turbines EXPORT MARKETS FOR Russia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Turbines BY Russia WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Russia's main exporting competitors in Steam Turbines were:

In 2018, Russia's main importing competitors in Steam Turbines were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Steam Turbines in Russia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Russia in Steam Turbines was 11.5%.

The countries with the highest tariffs for Steam Turbines in Russia were Angola (12%), Burundi (12%), Benin (12%), Burkina Faso (12%), and Botswana (12%).

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