2023
Exports
$37.7MWorld Rnk 9 / 66
Flag Rnk 280 / 1200
2023
PRODUCT COMPLEXITY IN Lignite
-1.57Rnk 955 / 1025
2023
Imports
$7.78MWorld Rnk 21 / 111
Flag Rnk 800 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $37.7M in Lignite, making it the 9th largest exporter of Lignite in the world. At the same year, Lignite was the 280th most exported product in Russia. The main destination of Lignite exports from Russia are: China ($37.6M), Serbia ($35.8k), Kazakhstan ($31.3k), and Saudi Arabia ($21.2k).

The fastest growing export markets for Lignite of Russia between 2022 and 2023 were Saudi Arabia ($21.2k).

Imports In 2023, Russia imported $7.78M in Lignite, becoming the 21st largest importer of Lignite in the world. At the same year, Lignite was the 800th most imported product in Russia. Russia imports Lignite primarily from: Kazakhstan ($7.72M) and India ($64.4k).

The fastest growing import markets in Lignite for Russia between 2022 and 2023 were India ($64.4k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$37.7M
IMPORTS (2023)$7.78M
NET TRADE (2023)$29.9M

In 2023, Russia exported $37.7M in Lignite. The main destinations of Russia exports on Lignite were China ($37.6M), Serbia ($35.8k), Kazakhstan ($31.3k), and Saudi Arabia ($21.2k).

In 2023, Russia imported $7.78M in Lignite, mainly from Kazakhstan ($7.72M) and India ($64.4k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Lignite EXPORT MARKETS FOR Russia WERE (2022 - 2023):Saudi Arabia$21.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lignite BY Russia WERE (2022 - 2023):
China-$377M (-90.9%)
Serbia-$4.9M (-99.3%)
Hungary-$375k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Russia's main exporting competitors in Lignite were:
In 2023, Russia's main importing competitors in Lignite were:

Explore Visualizations

Trade Value of Lignite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $82.6M
TOP IMPORT POTENTIALKyrgyzstan+ $25.7k

Lignite’s highest export potential is China. With an export gap of $82.6M.   Lignite’s highest import potential is Kyrgyzstan with an import gap of $25.7k.

See methodology.

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