HS Icon Gold in  Flag Russia

2020
Exports | Imports
: $18.7B | $536M, World Rnk 4 / 175
Flag Rnk 4 / 1210 | World Rnk 29 / 168
Flag Rnk 117 / 1205

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $11.2B | $483M, United Kingdom |  Uzbekistan

2020
ECONOMIC COMPLEXITY of Russia
: 0.5, Rnk 43 / 127

2020
PRODUCT COMPLEXITY  IN Gold
: -2.26, Rnk 1020 / 1029

Exports In 2020, Russia exported $18.7B in Gold, making it the 4th largest exporter of Gold in the world. At the same year, Gold was the 4th most exported product in Russia. The main destination of Gold exports from Russia are: United Kingdom ($16.9B), Switzerland ($693M), Kazakhstan ($424M), Turkey ($380M), and India ($96.6M).

The fastest growing export markets for Gold of Russia between 2019 and 2020 were United Kingdom ($11.2B), Switzerland ($563M), and Turkey ($331M).

Imports In 2020, Russia imported $536M in Gold, becoming the 29th largest importer of Gold in the world. At the same year, Gold was the 117th most imported product in Russia. Russia imports Gold primarily from: Uzbekistan ($483M), Switzerland ($25.2M), Belarus ($13.1M), Thailand ($5.66M), and United Arab Emirates ($5.22M).

The fastest growing import markets in Gold for Russia between 2019 and 2020 were Uzbekistan ($483M), Switzerland ($25.2M), and Belarus ($6.42M).

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Gold. 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

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EXPORTS (2020): $18.7B

IMPORTS (2020): $536M

NET TRADE (2020): $18.2B

In 2020, Russia exported $18.7B in Gold. The main destinations of Russia exports on Gold were United Kingdom ($16.9B), Switzerland ($693M), Kazakhstan ($424M), Turkey ($380M), and India ($96.6M).

In 2020, Russia imported $536M in Gold, mainly from Uzbekistan ($483M), Switzerland ($25.2M), Belarus ($13.1M), Thailand ($5.66M), and United Arab Emirates ($5.22M).

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Flow

THE FASTEST GROWING Gold EXPORT MARKETS FOR Russia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Russia WERE (2019 - 2020):

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Market Concentration

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In 2020, Russia's main exporting competitors in Gold were:

In 2020, Russia's main importing competitors in Gold were:

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