2023
Exports
$1.74MWorld Rnk 57 / 151
Flag Rnk 781 / 1200
2023
PRODUCT COMPLEXITY IN Coconut Oil
-1.7Rnk 972 / 1025
2023
Imports
$159MWorld Rnk 10 / 210
Flag Rnk 263 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $1.74M in Coconut Oil, making it the 57th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 781st most exported product in Russia. The main destination of Coconut Oil exports from Russia are: Kyrgyzstan ($776k), Kazakhstan ($527k), Azerbaijan ($222k), Latvia ($92.6k), and Armenia ($83.5k).

The fastest growing export markets for Coconut Oil of Russia between 2022 and 2023 were Latvia ($92.6k), Kazakhstan ($59.3k), and Lithuania ($7.23k).

Imports In 2023, Russia imported $159M in Coconut Oil, becoming the 10th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 263rd most imported product in Russia. Russia imports Coconut Oil primarily from: Indonesia ($117M), Estonia ($33.3M), Malaysia ($4.04M), Turkey ($1.6M), and Sri Lanka ($1.08M).

The fastest growing import markets in Coconut Oil for Russia between 2022 and 2023 were Estonia ($13M), Sri Lanka ($624k), and Italy ($198k).

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 Coconut Oil. 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)$1.74M
IMPORTS (2023)$159M
NET TRADE (2023)-$158M

In 2023, Russia exported $1.74M in Coconut Oil. The main destinations of Russia exports on Coconut Oil were Kyrgyzstan ($776k), Kazakhstan ($527k), Azerbaijan ($222k), Latvia ($92.6k), and Armenia ($83.5k).

In 2023, Russia imported $159M in Coconut Oil, mainly from Indonesia ($117M), Estonia ($33.3M), Malaysia ($4.04M), Turkey ($1.6M), and Sri Lanka ($1.08M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Latvia$92.6k (1%)
Kazakhstan$59.3k (12.7%)
Lithuania$7.23k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Russia WERE (2022 - 2023):
Kyrgyzstan-$755k (-49.3%)
Indonesia-$326k (-100%)
Germany-$84.5k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Coconut Oil were:
In 2023, Russia's main importing competitors in Coconut Oil were:

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $199k
TOP IMPORT POTENTIALIndonesia+ $30.5M

Coconut Oil’s highest export potential is Germany. With an export gap of $199k.   Coconut Oil’s highest import potential is Indonesia with an import gap of $30.5M.

See methodology.

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