Lifting Machinery in Russia | The Observatory of Economic Complexity

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Exports In 2022, Russia exported $40.3M in Lifting Machinery, making it the 48th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 325th most exported product in Russia. The main destination of Lifting Machinery exports from Russia are: Kazakhstan ($26.9M), China ($3.99M), Uzbekistan ($1.88M), Angola ($672k), and Germany ($667k).

The fastest growing export markets for Lifting Machinery of Russia between 2021 and 2022 were China ($3.89M), Angola ($632k), and Hungary ($394k).

Imports In 2022, Russia imported $693M in Lifting Machinery, becoming the 13th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 64th most imported product in Russia. Russia imports Lifting Machinery primarily from: China ($214M), Germany ($137M), Turkey ($72.7M), South Korea ($37.9M), and Italy ($37.4M).

The fastest growing import markets in Lifting Machinery for Russia between 2021 and 2022 were Turkey ($32.6M), China ($28.3M), and Latvia ($22.8M).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Lifting Machinery from Russia to the United States.

Feb 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Lifting Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$40.3M

IMPORTS (2022)$693M

NET TRADE (2022)-$653M

In 2022, Russia exported $40.3M in Lifting Machinery. The main destinations of Russia exports on Lifting Machinery were Kazakhstan ($26.9M), China ($3.99M), Uzbekistan ($1.88M), Angola ($672k), and Germany ($667k).

In 2022, Russia imported $693M in Lifting Machinery, mainly from China ($214M), Germany ($137M), Turkey ($72.7M), South Korea ($37.9M), and Italy ($37.4M).