2023
Exports
$39.9MWorld Rnk 33 / 166
Flag Rnk 275 / 1200
2023
PRODUCT COMPLEXITY IN Cranes
0.61Rnk 326 / 1025
2023
Imports
$526MWorld Rnk 10 / 218
Flag Rnk 95 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $39.9M in Cranes, making it the 33rd largest exporter of Cranes in the world. At the same year, Cranes was the 275th most exported product in Russia. The main destination of Cranes exports from Russia are: Kazakhstan ($12.8M), Uzbekistan ($11.7M), Turkey ($10.2M), China ($2.66M), and India ($1.34M).

The fastest growing export markets for Cranes of Russia between 2022 and 2023 were Uzbekistan ($6.45M), Kazakhstan ($4.11M), and Turkey ($3.35M).

Imports In 2023, Russia imported $526M in Cranes, becoming the 10th largest importer of Cranes in the world. At the same year, Cranes was the 95th most imported product in Russia. Russia imports Cranes primarily from: China ($470M), Germany ($21.8M), Turkey ($11.6M), Finland ($10.9M), and Japan ($3.59M).

The fastest growing import markets in Cranes for Russia between 2022 and 2023 were China ($262M), Germany ($4.79M), and Finland ($2.51M).

Latest Trends

Jan 2025

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 Cranes. 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)$39.9M
IMPORTS (2023)$526M
NET TRADE (2023)-$486M

In 2023, Russia exported $39.9M in Cranes. The main destinations of Russia exports on Cranes were Kazakhstan ($12.8M), Uzbekistan ($11.7M), Turkey ($10.2M), China ($2.66M), and India ($1.34M).

In 2023, Russia imported $526M in Cranes, mainly from China ($470M), Germany ($21.8M), Turkey ($11.6M), Finland ($10.9M), and Japan ($3.59M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Uzbekistan$6.45M (122%)
Kazakhstan$4.11M (47%)
Turkey$3.35M (48.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Russia WERE (2022 - 2023):
Tajikistan-$593k (-100%)
Ukraine-$205k (-100%)
Iran-$148k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Russia's main exporting competitors in Cranes were:
China $4.99B
Germany $2.67B
Japan $1.4B
In 2023, Russia's main importing competitors in Cranes were:

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Trade Value of Cranes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $81.6k
TOP IMPORT POTENTIALChina+ $56.4M

Cranes’s highest export potential is Austria. With an export gap of $81.6k.   Cranes’s highest import potential is China with an import gap of $56.4M.

See methodology.

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