2022
Exports
$2.47BWorld Rnk 50 / 226
Flag Rnk 20 / 96
2022
PRODUCT COMPLEXITY IN Electrical machinery and electronics
1.96Rnk 7 / 1025
2022
Imports
$22.7BWorld Rnk 31 / 226
Flag Rnk 2 / 96
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $2.47B in Electrical machinery and electronics, making it the 50th largest exporter of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 20th most exported product in Russia. The main destination of Electrical machinery and electronics exports from Russia are: Kazakhstan ($885M), Uzbekistan ($165M), China ($137M), Germany ($131M), and United States ($121M).

The fastest growing export markets for Electrical machinery and electronics of Russia between 2021 and 2022 were Turkey ($55.3M), Armenia ($31.6M), and Tajikistan ($14.1M).

Imports In 2022, Russia imported $22.7B in Electrical machinery and electronics, becoming the 31st largest importer of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 2nd most imported product in Russia. Russia imports Electrical machinery and electronics primarily from: China ($13.5B), United Arab Emirates ($1.53B), Hong Kong ($1.26B), Germany ($816M), and Kazakhstan ($775M).

The fastest growing import markets in Electrical machinery and electronics for Russia between 2021 and 2022 were United Arab Emirates ($1.31B), Hong Kong ($1.1B), and Kazakhstan ($649M).

Latest Trends

Oct 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 Electrical machinery and electronics. 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 (2022)$2.47B
IMPORTS (2022)$22.7B
NET TRADE (2022)-$20.3B

In 2022, Russia exported $2.47B in Electrical machinery and electronics. The main destinations of Russia exports on Electrical machinery and electronics were Kazakhstan ($885M), Uzbekistan ($165M), China ($137M), Germany ($131M), and United States ($121M).

In 2022, Russia imported $22.7B in Electrical machinery and electronics, mainly from China ($13.5B), United Arab Emirates ($1.53B), Hong Kong ($1.26B), Germany ($816M), and Kazakhstan ($775M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical machinery and electronics EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Turkey$55.3M (180%)
Armenia$31.6M (45.6%)
Tajikistan$14.1M (55.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical machinery and electronics BY Russia WERE (2021 - 2022):
Belarus-$844M (-100%)
India-$652M (-95.4%)
Algeria-$519M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Electrical machinery and electronics were:
In 2022, Russia's main importing competitors in Electrical machinery and electronics were:

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Trade Value of Electrical machinery and electronics by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $187M
TOP IMPORT POTENTIALChina+ $6.77B

Electrical machinery and electronics’s highest export potential is China. With an export gap of $187M.   Electrical machinery and electronics’s highest import potential is China with an import gap of $6.77B.

See methodology.

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