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2023
Exports $201kWorld Rnk 50 / 88
Flag Rnk 1024 / 1200
2023
Destination $17.4k Latvia
2022 - 2023
FASTEST GROWING MARKET $17.4kKazakhstan
2023
PRODUCT COMPLEXITY IN Aluminium Ore-2.35Rnk 1012 / 1025
2023
Imports $2.08MWorld Rnk 43 / 112
Flag Rnk 958 / 1186
2023
Origin $133k China
2022 - 2023
FASTEST GROWING ORIGIN $133kChina
2023
ECONOMIC COMPLEXITY of Russia0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $201k in Aluminium Ore, making it the 50th largest exporter of Aluminium Ore in the world. At the same year, Aluminium Ore was the 1024th most exported product in Russia. The main destination of Aluminium Ore exports from Russia are: Latvia ($172k) and Kazakhstan ($29.2k).

The fastest growing export markets for Aluminium Ore of Russia between 2022 and 2023 were Kazakhstan ($17.4k) and Latvia ($3.31k).

Imports In 2023, Russia imported $2.08M in Aluminium Ore, becoming the 43rd largest importer of Aluminium Ore in the world. At the same year, Aluminium Ore was the 958th most imported product in Russia. Russia imports Aluminium Ore primarily from: China ($1.47M), Spain ($576k), and Lithuania ($28.3k).

The fastest growing import markets in Aluminium Ore for Russia between 2022 and 2023 were China ($133k), Spain ($77.5k), and Lithuania ($28.3k).

Latest Trends

Dec 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 Aluminium Ore. 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 (2023)$201k
IMPORTS (2023)$2.08M
NET TRADE (2023)-$1.88M

In 2023, Russia exported $201k in Aluminium Ore. The main destinations of Russia exports on Aluminium Ore were Latvia ($172k) and Kazakhstan ($29.2k).

In 2023, Russia imported $2.08M in Aluminium Ore, mainly from China ($1.47M), Spain ($576k), and Lithuania ($28.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Ore EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Kazakhstan$17.4k (146%)
Latvia$3.31k (1.96%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Ore BY Russia WERE (2022 - 2023):
Kuwait-$182k (-100%)
China-$136 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Aluminium Ore were:
Guinea $7.62B
Australia $1.49B
Brazil $205M
In 2023, Russia's main importing competitors in Aluminium Ore were:
China $8.27B
United Arab Emirates $675M
India $281M

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Trade Value of Aluminium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.32k
TOP IMPORT POTENTIALChina+ $682k

Aluminium Ore’s highest export potential is China. With an export gap of $6.32k.   Aluminium Ore’s highest import potential is China with an import gap of $682k.

See methodology.

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