2022
Exports | Imports
$1.16B | $81.4MWorld Rnk 25 / 98
Flag Rnk 32 / 1200
World Rnk 70 / 128
Flag Rnk 396 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.42Rnk 45 / 124
2022
PRODUCT COMPLEXITY IN Electricity
-0.64Rnk 743 / 1025

About

Exports In 2022, Russia exported $1.16B in Electricity, making it the 25th largest exporter of Electricity in the world. At the same year, Electricity was the 32nd most exported product in Russia. The main destination of Electricity exports from Russia are: Finland ($349M), Latvia ($254M), China ($216M), Kazakhstan ($140M), and Lithuania ($119M).

The fastest growing export markets for Electricity of Russia between 2021 and 2022 were Latvia ($99.5M), Kazakhstan ($50.6M), and China ($26.4M).

Imports In 2022, Russia imported $81.4M in Electricity, becoming the 70th largest importer of Electricity in the world. At the same year, Electricity was the 396th most imported product in Russia. Russia imports Electricity primarily from: Lithuania ($35.6M), Kazakhstan ($30.5M), Latvia ($11.3M), Azerbaijan ($3.64M), and Mongolia ($331k).

The fastest growing import markets in Electricity for Russia between 2021 and 2022 were Lithuania ($25M), Kazakhstan ($10.3M), and Latvia ($3.8M).

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

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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 Electricity. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.16B
IMPORTS (2022)$81.4M
NET TRADE (2022)$1.07B

In 2022, Russia exported $1.16B in Electricity. The main destinations of Russia exports on Electricity were Finland ($349M), Latvia ($254M), China ($216M), Kazakhstan ($140M), and Lithuania ($119M).

In 2022, Russia imported $81.4M in Electricity, mainly from Lithuania ($35.6M), Kazakhstan ($30.5M), Latvia ($11.3M), Azerbaijan ($3.64M), and Mongolia ($331k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electricity EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Latvia$99.5M (64.5%)
Kazakhstan$50.6M (56.7%)
China$26.4M (13.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Russia WERE (2021 - 2022):
Finland-$310M (-47%)
Belarus-$21.1M (-100%)
Lithuania-$13.7M (-10.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Electricity were:
In 2022, Russia's main importing competitors in Electricity were:
France $14.6B
Germany $12.9B
Italy $11.9B

Explore Visualizations

Trade Value of Electricity by Exporters

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