2022
Exports
$538MWorld Rnk 1 / 106
Flag Rnk 60 / 1200
2022
PRODUCT COMPLEXITY IN Linseed
-0.89Rnk 803 / 1025
2022
Imports
$14.3MWorld Rnk 14 / 184
Flag Rnk 724 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $538M in Linseed, making it the 1st largest exporter of Linseed in the world. At the same year, Linseed was the 60th most exported product in Russia. The main destination of Linseed exports from Russia are: China ($258M), Belgium ($129M), United States ($46.2M), Germany ($28.9M), and Turkey ($20.3M).

The fastest growing export markets for Linseed of Russia between 2021 and 2022 were China ($52.4M), United States ($39.1M), and Germany ($23.7M).

Imports In 2022, Russia imported $14.3M in Linseed, becoming the 14th largest importer of Linseed in the world. At the same year, Linseed was the 724th most imported product in Russia. Russia imports Linseed primarily from: Kazakhstan ($14M), Belgium ($273k), Germany ($12.6k), Estonia ($10.6k), and Slovenia ($2.26k).

The fastest growing import markets in Linseed for Russia between 2021 and 2022 were Belgium ($273k), Estonia ($10.6k), and Lithuania ($17).

Latest Trends

Aug 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 Linseed. 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)$538M
IMPORTS (2022)$14.3M
NET TRADE (2022)$524M

In 2022, Russia exported $538M in Linseed. The main destinations of Russia exports on Linseed were China ($258M), Belgium ($129M), United States ($46.2M), Germany ($28.9M), and Turkey ($20.3M).

In 2022, Russia imported $14.3M in Linseed, mainly from Kazakhstan ($14M), Belgium ($273k), Germany ($12.6k), Estonia ($10.6k), and Slovenia ($2.26k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Linseed EXPORT MARKETS FOR Russia WERE (2021 - 2022):
China$52.4M (25.5%)
United States$39.1M (549%)
Germany$23.7M (464%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Linseed BY Russia WERE (2021 - 2022):
Belgium-$17.4M (-11.9%)
Turkey-$12.6M (-38.2%)
Latvia-$5.14M (-65.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Linseed by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $5.45M
TOP IMPORT POTENTIALBelgium+ $260k

Linseed’s highest export potential is Poland. With an export gap of $5.45M.   Linseed’s highest import potential is Belgium with an import gap of $260k.

See methodology.

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