2023
Exports
$9.5MWorld Rnk 61 / 151
Flag Rnk 510 / 1200
2023
PRODUCT COMPLEXITY IN Buses
0.24Rnk 481 / 1025
2023
Imports
$346MWorld Rnk 14 / 212
Flag Rnk 139 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $9.5M in Buses, making it the 61st largest exporter of Buses in the world. At the same year, Buses was the 510th most exported product in Russia. The main destination of Buses exports from Russia are: Uzbekistan ($5.57M), Kazakhstan ($2.2M), Armenia ($327k), Bosnia and Herzegovina ($287k), and Chile ($176k).

The fastest growing export markets for Buses of Russia between 2022 and 2023 were Uzbekistan ($2.63M), Azerbaijan ($158k), and Moldova ($131k).

Imports In 2023, Russia imported $346M in Buses, becoming the 14th largest importer of Buses in the world. At the same year, Buses was the 139th most imported product in Russia. Russia imports Buses primarily from: China ($328M), Uzbekistan ($7.31M), Kazakhstan ($4.13M), Kyrgyzstan ($2.81M), and Turkey ($1.29M).

The fastest growing import markets in Buses for Russia between 2022 and 2023 were China ($177M), Uzbekistan ($7.31M), and Kyrgyzstan ($2.81M).

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 Buses. 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)$9.5M
IMPORTS (2023)$346M
NET TRADE (2023)-$337M

In 2023, Russia exported $9.5M in Buses. The main destinations of Russia exports on Buses were Uzbekistan ($5.57M), Kazakhstan ($2.2M), Armenia ($327k), Bosnia and Herzegovina ($287k), and Chile ($176k).

In 2023, Russia imported $346M in Buses, mainly from China ($328M), Uzbekistan ($7.31M), Kazakhstan ($4.13M), Kyrgyzstan ($2.81M), and Turkey ($1.29M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Uzbekistan$2.63M (89.8%)
Azerbaijan$158k (1.44k%)
Moldova$131k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Russia WERE (2022 - 2023):
Vietnam-$40.8M (-100%)
Armenia-$4.39M (-93.1%)
China-$3.46M (-97.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, Russia's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.1M
TOP IMPORT POTENTIALChina+ $25M

Buses’s highest export potential is China. With an export gap of $3.1M.   Buses’s highest import potential is China with an import gap of $25M.

See methodology.

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