2023
Exports
$646MWorld Rnk 1 / 113
Flag Rnk 48 / 1200
2023
PRODUCT COMPLEXITY IN Linseed
-0.87Rnk 800 / 1025
2023
Imports
$8.59MWorld Rnk 15 / 187
Flag Rnk 782 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $646M in Linseed, making it the 1st largest exporter of Linseed in the world. At the same year, Linseed was the 48th most exported product in Russia. The main destination of Linseed exports from Russia are: China ($394M), Belgium ($154M), Poland ($37.5M), Germany ($17.7M), and Turkey ($16.5M).

The fastest growing export markets for Linseed of Russia between 2022 and 2023 were China ($108M), Poland ($18.5M), and Belgium ($10.7M).

Imports In 2023, Russia imported $8.59M in Linseed, becoming the 15th largest importer of Linseed in the world. At the same year, Linseed was the 782nd most imported product in Russia. Russia imports Linseed primarily from: Kazakhstan ($8.41M), Belgium ($149k), Germany ($21.5k), Poland ($4.53k), and Austria ($4.5k).

The fastest growing import markets in Linseed for Russia between 2022 and 2023 were Germany ($8.95k), Poland ($4.53k), and Austria ($4.5k).

Latest Trends

Dec 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 (2023)$646M
IMPORTS (2023)$8.59M
NET TRADE (2023)$637M

In 2023, Russia exported $646M in Linseed. The main destinations of Russia exports on Linseed were China ($394M), Belgium ($154M), Poland ($37.5M), Germany ($17.7M), and Turkey ($16.5M).

In 2023, Russia imported $8.59M in Linseed, mainly from Kazakhstan ($8.41M), Belgium ($149k), Germany ($21.5k), Poland ($4.53k), and Austria ($4.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Linseed EXPORT MARKETS FOR Russia WERE (2022 - 2023):
China$108M (37.6%)
Poland$18.5M (97.3%)
Belgium$10.7M (7.46%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Linseed BY Russia WERE (2022 - 2023):
United States-$46.2M (-100%)
Germany-$14.3M (-44.6%)
Italy-$8.94M (-63.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Linseed were:
In 2023, 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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