Vehicle Parts in Russia

EXPORTS (2018): $560M, World Rnk 40 / 211
Flag Rnk 63 / 1196

TOP DESTINATION (2018): $157M, Belarus

FASTEST GROWING MARKET (2017 - 2018): $46.7M, Belarus

IMPORTS (2018): $8.26B, World Rnk 14 / 219
Flag Rnk 2 / 1200

TOP ORIGIN (2018): $1.63B, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $310M, Germany

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

PRODUCT COMPLEXITY  IN Vehicle Parts (2018): 1.01, Rnk 170 / 1018

Overview: This page contains the latest trade data of Vehicle Parts in Russia.

Exports: In 2018, Russia exported $560M in Vehicle Parts, making it the 40th largest exporter of Vehicle Parts in the world. At the same year, Vehicle Parts was the 63rd most exported product in Russia. The main destination of Vehicle Parts exports from Russia are: Belarus ($157M), Kazakhstan ($151M), Romania ($42.2M), Ukraine ($38.4M), and Germany ($17.1M).

The fastest growing export markets for Vehicle Parts of Russia between 2017 and 2018 were Belarus ($46.7M), Romania ($29.3M), and South Korea ($10.6M).

Imports: In 2018, Russia imported $8.26B in Vehicle Parts, becoming the 14th largest importer of Vehicle Parts in the world. At the same year, Vehicle Parts was the 2nd most imported product in Russia. Russia imports Vehicle Parts primarily from: Germany ($1.63B), South Korea ($1.05B), China ($903M), Japan ($898M), and Czechia ($642M).

The fastest growing import markets in Vehicle Parts for Russia between 2017 and 2018 were Germany ($310M), Czechia ($236M), and Romania ($201M).

Tariffs: In 2018, the average tariff for Russia in Vehicle Parts was 2.03%. The countries with the highest import tariffs for Vehicle Parts were Angola (2.13%), Burundi (2.13%), Benin (2.13%), Burkina Faso (2.13%), and Botswana (2.13%).

Overview: In June 2020 Russia's Vehicle Parts exports accounted up to $47.4M and imports accounted up to $512M, resulting in a negative trade balance of $465M. Between June 2019 and June 2020 the exports of Russia's   Vehicle Parts have decreased by $-3.16M (-6.25%) from $50.6M to $47.4M, while imports decreased by $-167M (-24.6%) from $679M to $512M.

Destinations: In June 2020 Vehicle Parts exported mostly to Kazakhstan ($18.3M), Belarus ($12.4M), Ukraine ($4.8M), Azerbaijan ($1.56M), and France ($1.1M), and imported mostly from China ($95.5M), Germany ($88.1M), South Korea ($65.4M), Japan ($51.8M), and Czechia ($45.3M).

Growth: In June 2020, the decrease in Vehicle Parts's year-by-year exports was explained primarily by a decrease in exports to China ($-2.49M or -97.4%), Romania ($-2.02M or -69.4%), and Belarus ($-1.45M or -10.5%). In June 2020, the decrease in Vehicle Parts's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-72.3M or -52.5%), Japan ($-32.4M or -38.5%), and Germany ($-17.2M or -16.3%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (June 2019 - June 2020): $-3.16M, (-6.25%)

IMPORT GROWTH (June 2019 - June 2020): $-167M, (-24.6%)

MAIN EXPORTER (June 2020): Moscow Region, $7.02M

MAIN DESTINATION (June 2020): Kazakhstan, $18.3M

This section shows Vehicle Parts'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 Vehicle Parts over time.

Value

EXPORTS (2018): $560M

IMPORTS (2018): $8.26B

NET TRADE (2018): -$7.7B

In 2018, Russia exported $560M in Vehicle Parts. The main destinations of Russia exports on Vehicle Parts were Belarus ($157M), Kazakhstan ($151M), Romania ($42.2M), Ukraine ($38.4M), and Germany ($17.1M).

In 2018, Russia imported $8.26B in Vehicle Parts, mainly from Germany ($1.63B), South Korea ($1.05B), China ($903M), Japan ($898M), and Czechia ($642M).

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IN 2018, Russia HAD A POSITIVE NET TRADE IN Vehicle Parts WITH:

  • Kazakhstan, $137M ($151M - $13.7M)
  • Cuba, $13.7M ($13.7M - $0)
  • Azerbaijan, $13.1M ($13.1M - $0)

IN 2018, Russia HAD A NEGATIVE NET TRADE IN Vehicle Parts WITH:

  • Germany, -$1.61B ($17.1M - $1.63B)
  • South Korea, -$1.04B ($11.1M - $1.05B)
  • China, -$903M ($631k - $903M)
Flow

THE FASTEST GROWING Vehicle Parts EXPORT MARKETS FOR Russia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Parts 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 Vehicle Parts were:

In 2018, Russia's main importing competitors in Vehicle Parts were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Vehicle Parts 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 Vehicle Parts was 2.03%.

The countries with the highest tariffs for Vehicle Parts in Russia were Angola (2.13%), Burundi (2.13%), Benin (2.13%), Burkina Faso (2.13%), and Botswana (2.13%).

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