HS Icon Gold in  Flag Russia

2019
Exports | Imports
: $6.74B | $35.5M, World Rnk 14 / 174
Flag Rnk 7 / 1208 | World Rnk 66 / 179
Flag Rnk 612 / 1210

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $4.9B | $2.15M, United Kingdom |  Belarus

2019
ECONOMIC COMPLEXITY of Russia
: 0.54, Rnk 48 / 147

2019
PRODUCT COMPLEXITY  IN Gold
: -2.46, Rnk 1022 / 1029

Exports In 2019, Russia exported $6.74B in Gold, making it the 14th largest exporter of Gold in the world. At the same year, Gold was the 7th most exported product in Russia. The main destination of Gold exports from Russia are: United Kingdom ($5.75B), United Arab Emirates ($289M), Kazakhstan ($270M), United States ($198M), and Switzerland ($130M).

The fastest growing export markets for Gold of Russia between 2018 and 2019 were United Kingdom ($4.9B), United Arab Emirates ($271M), and Kazakhstan ($261M).

Imports In 2019, Russia imported $35.5M in Gold, becoming the 66th largest importer of Gold in the world. At the same year, Gold was the 612th most imported product in Russia. Russia imports Gold primarily from: Thailand ($16M), Belarus ($6.63M), Cuba ($6.45M), United Arab Emirates ($2.09M), and Kazakhstan ($1.17M).

The fastest growing import markets in Gold for Russia between 2018 and 2019 were Belarus ($2.15M), Cuba ($1.89M), and Thailand ($554k).

Tariffs In 2018, the average tariff for Russia in Gold was 9.84%. The countries with the highest import tariffs for Gold were Angola (Most Favoured Nation duty rate treatement, 10.3%), Burundi (Most Favoured Nation duty rate treatement, 10.3%), Benin (Most Favoured Nation duty rate treatement, 10.3%), Burkina Faso (Most Favoured Nation duty rate treatement, 10.3%), and Botswana (Most Favoured Nation duty rate treatement, 10.3%).

June 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (June 2020 - June 2021): $414M, (32.2%)

IMPORT GROWTH (June 2020 - June 2021): $-570k, (-22.3%)

MAIN EXPORTER (June 2021): Moscow, The Capital Of Russian Federation, $813M

MAIN DESTINATION (June 2021): United Kingdom, $1.63B

This section shows Gold'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 Gold over time.

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Historical Data

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EXPORTS (2019): $6.74B

IMPORTS (2019): $35.5M

NET TRADE (2019): $6.71B

In 2019, Russia exported $6.74B in Gold. The main destinations of Russia exports on Gold were United Kingdom ($5.75B), United Arab Emirates ($289M), Kazakhstan ($270M), United States ($198M), and Switzerland ($130M).

In 2019, Russia imported $35.5M in Gold, mainly from Thailand ($16M), Belarus ($6.63M), Cuba ($6.45M), United Arab Emirates ($2.09M), and Kazakhstan ($1.17M).

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IN 2019, Russia HAD A POSITIVE NET TRADE IN Gold WITH:

IN 2019, Russia HAD A NEGATIVE NET TRADE IN Gold WITH:

Flow

THE FASTEST GROWING Gold EXPORT MARKETS FOR Russia WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Russia WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2019, Russia's main exporting competitors in Gold were:

In 2019, Russia's main importing competitors in Gold were:

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Tariffs by Country

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In 2018, the average tariff for Russia in Gold was 9.84%.

The countries with the highest tariffs for Gold in Russia were Angola (Most Favoured Nation duty rate treatement, 10.3%), Burundi (Most Favoured Nation duty rate treatement, 10.3%), Benin (Most Favoured Nation duty rate treatement, 10.3%), Burkina Faso (Most Favoured Nation duty rate treatement, 10.3%), and Botswana (Most Favoured Nation duty rate treatement, 10.3%).