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2022
Exports $49.1MWorld Rnk 2 / 79
Flag Rnk 297 / 1200
2022
Destination $9.14M China
2021 - 2022
FASTEST GROWING MARKET $9.14MPortugal
2022
Imports $847kWorld Rnk 38 / 156
Flag Rnk 1056 / 1201
2022
Origin $75.6k Germany
2021 - 2022
FASTEST GROWING ORIGIN $75.6kGermany
2022
ECONOMIC COMPLEXITY of Russia0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $49.1M in Magnesium Hydroxide and Peroxide, making it the 2nd largest exporter of Magnesium Hydroxide and Peroxide in the world. At the same year, Magnesium Hydroxide and Peroxide was the 297th most exported product in Russia. The main destination of Magnesium Hydroxide and Peroxide exports from Russia are: China ($19.5M), Portugal ($17.1M), South Korea ($3.77M), Netherlands ($2.67M), and Turkey ($1.41M).

The fastest growing export markets for Magnesium Hydroxide and Peroxide of Russia between 2021 and 2022 were Portugal ($9.14M), China ($3.96M), and Netherlands ($1.97M).

Imports In 2022, Russia imported $847k in Magnesium Hydroxide and Peroxide, becoming the 38th largest importer of Magnesium Hydroxide and Peroxide in the world. At the same year, Magnesium Hydroxide and Peroxide was the 1056th most imported product in Russia. Russia imports Magnesium Hydroxide and Peroxide primarily from: Germany ($641k), China ($48.4k), Estonia ($44.6k), United Kingdom ($39.3k), and Czechia ($34.4k).

The fastest growing import markets in Magnesium Hydroxide and Peroxide for Russia between 2021 and 2022 were Germany ($75.6k), Estonia ($44.6k), and China ($42k).

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 Magnesium Hydroxide and Peroxide. 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)$49.1M
IMPORTS (2022)$847k
NET TRADE (2022)$48.3M

In 2022, Russia exported $49.1M in Magnesium Hydroxide and Peroxide. The main destinations of Russia exports on Magnesium Hydroxide and Peroxide were China ($19.5M), Portugal ($17.1M), South Korea ($3.77M), Netherlands ($2.67M), and Turkey ($1.41M).

In 2022, Russia imported $847k in Magnesium Hydroxide and Peroxide, mainly from Germany ($641k), China ($48.4k), Estonia ($44.6k), United Kingdom ($39.3k), and Czechia ($34.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Hydroxide and Peroxide EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Portugal$9.14M (114%)
China$3.96M (25.4%)
Netherlands$1.97M (282%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Hydroxide and Peroxide BY Russia WERE (2021 - 2022):
Mexico-$5.6M (-100%)
Ukraine-$652k (-76.7%)
Germany-$506k (-56.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Magnesium Hydroxide and Peroxide were:
China $58.1M
Netherlands $35.4M
In 2022, Russia's main importing competitors in Magnesium Hydroxide and Peroxide were:
United States $33.1M
China $29.1M
South Korea $25.2M

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Trade Value of Magnesium Hydroxide and Peroxide by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $760k
TOP IMPORT POTENTIALChina+ $100k

Magnesium Hydroxide and Peroxide’s highest export potential is United States. With an export gap of $760k.   Magnesium Hydroxide and Peroxide’s highest import potential is China with an import gap of $100k.

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