2022
Exports
$182kWorld Rnk 57 / 118
Flag Rnk 1055 / 1200
2022
PRODUCT COMPLEXITY IN Leather Machinery
0.25Rnk 472 / 1025
2022
Imports
$10.7MWorld Rnk 22 / 183
Flag Rnk 784 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $182k in Leather Machinery, making it the 57th largest exporter of Leather Machinery in the world. At the same year, Leather Machinery was the 1055th most exported product in Russia. The main destination of Leather Machinery exports from Russia are: Indonesia ($111k), Kazakhstan ($44.3k), Italy ($20.8k), United Arab Emirates ($1.47k), and Armenia ($1.41k).

The fastest growing export markets for Leather Machinery of Russia between 2021 and 2022 were Indonesia ($111k), Kazakhstan ($27.1k), and Italy ($8.98k).

Imports In 2022, Russia imported $10.7M in Leather Machinery, becoming the 22nd largest importer of Leather Machinery in the world. At the same year, Leather Machinery was the 784th most imported product in Russia. Russia imports Leather Machinery primarily from: Italy ($4.87M), China ($2.8M), Lithuania ($1.01M), Turkey ($647k), and Spain ($617k).

The fastest growing import markets in Leather Machinery for Russia between 2021 and 2022 were Spain ($525k), Chinese Taipei ($220k), and Turkey ($122k).

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 Leather Machinery. 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)$182k
IMPORTS (2022)$10.7M
NET TRADE (2022)-$10.5M

In 2022, Russia exported $182k in Leather Machinery. The main destinations of Russia exports on Leather Machinery were Indonesia ($111k), Kazakhstan ($44.3k), Italy ($20.8k), United Arab Emirates ($1.47k), and Armenia ($1.41k).

In 2022, Russia imported $10.7M in Leather Machinery, mainly from Italy ($4.87M), China ($2.8M), Lithuania ($1.01M), Turkey ($647k), and Spain ($617k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Machinery EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Indonesia$111k (1%)
Kazakhstan$27.1k (157%)
Italy$8.98k (75.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Machinery BY Russia WERE (2021 - 2022):
Belarus-$93.4k (-100%)
Uzbekistan-$80k (-98.5%)
Ukraine-$25.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Leather Machinery were:
In 2022, Russia's main importing competitors in Leather Machinery were:

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Trade Value of Leather Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $29.6k
TOP IMPORT POTENTIALChina+ $2.18M

Leather Machinery’s highest export potential is Indonesia. With an export gap of $29.6k.   Leather Machinery’s highest import potential is China with an import gap of $2.18M.

See methodology.

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