Bandages in Russia

EXPORTS (2018): $11.8M, World Rnk 38 / 141
Flag Rnk 568 / 1196

TOP DESTINATION (2018): $3.3M, Kazakhstan

FASTEST GROWING MARKET (2017 - 2018): $480k, Ukraine

IMPORTS (2018): $59.8M, World Rnk 29 / 213
Flag Rnk 509 / 1200

TOP ORIGIN (2018): $20.6M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $4.11M, Germany

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

PRODUCT COMPLEXITY  IN Bandages (2018): 0.62, Rnk 319 / 1018

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

Exports: In 2018, Russia exported $11.8M in Bandages, making it the 38th largest exporter of Bandages in the world. At the same year, Bandages was the 568th most exported product in Russia. The main destination of Bandages exports from Russia are: Kazakhstan ($3.3M), Belarus ($2.12M), Ukraine ($1.74M), Kyrgyzstan ($1.1M), and Uzbekistan ($841k).

The fastest growing export markets for Bandages of Russia between 2017 and 2018 were Ukraine ($480k), Armenia ($201k), and Germany ($200k).

Imports: In 2018, Russia imported $59.8M in Bandages, becoming the 29th largest importer of Bandages in the world. At the same year, Bandages was the 509th most imported product in Russia. Russia imports Bandages primarily from: Germany ($20.6M), China ($12.1M), Poland ($6.02M), Hungary ($4.02M), and Latvia ($3.27M).

The fastest growing import markets in Bandages for Russia between 2017 and 2018 were Germany ($4.11M), Hungary ($3.02M), and Poland ($1.72M).

Tariffs: In 2018, the average tariff for Russia in Bandages was 4.79%. The countries with the highest import tariffs for Bandages were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).

Overview: In August 2020 Russia's Bandages exports accounted up to $897k and imports accounted up to $4.04M, resulting in a negative trade balance of $3.14M. Between August 2019 and August 2020 the exports of Russia's   Bandages have decreased by $-144k (-13.9%) from $1.04M to $897k, while imports decreased by $-439k (-9.81%) from $4.48M to $4.04M.

Destinations: In August 2020 Bandages exported mostly to Kazakhstan ($315k), Ukraine ($254k), Belarus ($117k), Armenia ($87k), and Kyrgyzstan ($65k), and imported mostly from China ($946k), Germany ($784k), Spain ($556k), Poland ($271k), and Latvia ($262k).

Growth: In August 2020, the decrease in Bandages's year-by-year exports was explained primarily by a decrease in exports to Uzbekistan ($-107k or -74.7%), Belarus ($-57.8k or -33%), and Kyrgyzstan ($-32.8k or -33.5%). In August 2020, the decrease in Bandages's year-by-year imports was explained primarily by a decrease in imports from China ($-519k or -35.4%), United Kingdom ($-284k or -59.4%), and Finland ($-236k or -99.9%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (August 2019 - August 2020): $-144k, (-13.9%)

IMPORT GROWTH (August 2019 - August 2020): $-439k, (-9.81%)

MAIN EXPORTER (August 2020): Ivanovo Region, $194k

MAIN DESTINATION (August 2020): Kazakhstan, $315k

This section shows Bandages'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 Bandages over time.

Value

EXPORTS (2018): $11.8M

IMPORTS (2018): $59.8M

NET TRADE (2018): -$48M

In 2018, Russia exported $11.8M in Bandages. The main destinations of Russia exports on Bandages were Kazakhstan ($3.3M), Belarus ($2.12M), Ukraine ($1.74M), Kyrgyzstan ($1.1M), and Uzbekistan ($841k).

In 2018, Russia imported $59.8M in Bandages, mainly from Germany ($20.6M), China ($12.1M), Poland ($6.02M), Hungary ($4.02M), and Latvia ($3.27M).

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IN 2018, Russia HAD A POSITIVE NET TRADE IN Bandages WITH:

  • Kazakhstan, $3.25M ($3.3M - $54k)
  • Belarus, $1.35M ($2.12M - $768k)
  • Ukraine, $1.31M ($1.74M - $428k)

IN 2018, Russia HAD A NEGATIVE NET TRADE IN Bandages WITH:

  • Germany, -$20.4M ($200k - $20.6M)
  • China, -$12.1M ($8.37k - $12.1M)
  • Poland, -$6.02M ($0 - $6.02M)
Flow

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

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages 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 Bandages were:

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

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Bandages 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 Bandages was 4.79%.

The countries with the highest tariffs for Bandages in Russia were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).

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