2022
Exports
$308MWorld Rnk 7 / 123
Flag Rnk 96 / 1200
2022
PRODUCT COMPLEXITY IN Inorganic Salts
-0.39Rnk 671 / 1025
2022
Imports
$78.9MWorld Rnk 20 / 186
Flag Rnk 406 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $308M in Inorganic Salts, making it the 7th largest exporter of Inorganic Salts in the world. At the same year, Inorganic Salts was the 96th most exported product in Russia. The main destination of Inorganic Salts exports from Russia are: Czechia ($130M), United Kingdom ($33.9M), South Korea ($32.1M), China ($24.1M), and United Arab Emirates ($14.8M).

The fastest growing export markets for Inorganic Salts of Russia between 2021 and 2022 were United Kingdom ($33.1M), China ($13.6M), and United Arab Emirates ($11.6M).

Imports In 2022, Russia imported $78.9M in Inorganic Salts, becoming the 20th largest importer of Inorganic Salts in the world. At the same year, Inorganic Salts was the 406th most imported product in Russia. Russia imports Inorganic Salts primarily from: China ($57.1M), Germany ($5.5M), India ($4.29M), Turkey ($3.14M), and Estonia ($2.28M).

The fastest growing import markets in Inorganic Salts for Russia between 2021 and 2022 were China ($35.5M), Turkey ($3.05M), and Kazakhstan ($1.35M).

Latest Trends

Jul 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 Inorganic Salts. 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)$308M
IMPORTS (2022)$78.9M
NET TRADE (2022)$229M

In 2022, Russia exported $308M in Inorganic Salts. The main destinations of Russia exports on Inorganic Salts were Czechia ($130M), United Kingdom ($33.9M), South Korea ($32.1M), China ($24.1M), and United Arab Emirates ($14.8M).

In 2022, Russia imported $78.9M in Inorganic Salts, mainly from China ($57.1M), Germany ($5.5M), India ($4.29M), Turkey ($3.14M), and Estonia ($2.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic Salts EXPORT MARKETS FOR Russia WERE (2021 - 2022):
United Kingdom$33.1M (4.29k%)
China$13.6M (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic Salts BY Russia WERE (2021 - 2022):
South Korea-$7.33M (-18.6%)
Belgium-$6.59M (-75%)
Austria-$4.89M (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Inorganic Salts were:
In 2022, Russia's main importing competitors in Inorganic Salts were:

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Trade Value of Inorganic Salts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $20.7M
TOP IMPORT POTENTIALChina+ $26.8M

Inorganic Salts’s highest export potential is China. With an export gap of $20.7M.   Inorganic Salts’s highest import potential is China with an import gap of $26.8M.

See methodology.

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