2022
Exports
$472MWorld Rnk 6 / 155
Flag Rnk 64 / 1200
2022
PRODUCT COMPLEXITY IN Margarine
-0.83Rnk 786 / 1025
2022
Imports
$91.6MWorld Rnk 26 / 219
Flag Rnk 376 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $472M in Margarine, making it the 6th largest exporter of Margarine in the world. At the same year, Margarine was the 64th most exported product in Russia. The main destination of Margarine exports from Russia are: Uzbekistan ($162M), Kazakhstan ($97.5M), Tajikistan ($52.1M), Azerbaijan ($42.3M), and Armenia ($34.6M).

The fastest growing export markets for Margarine of Russia between 2021 and 2022 were Uzbekistan ($70.8M), Kazakhstan ($20.8M), and Azerbaijan ($15.8M).

Imports In 2022, Russia imported $91.6M in Margarine, becoming the 26th largest importer of Margarine in the world. At the same year, Margarine was the 376th most imported product in Russia. Russia imports Margarine primarily from: Indonesia ($29.3M), Netherlands ($17.6M), Sweden ($14.5M), Italy ($7.06M), and Kazakhstan ($4.31M).

The fastest growing import markets in Margarine for Russia between 2021 and 2022 were Netherlands ($16.7M), Armenia ($3.63M), and Lithuania ($1.25M).

Latest Trends

Sep 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 Margarine. 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)$472M
IMPORTS (2022)$91.6M
NET TRADE (2022)$380M

In 2022, Russia exported $472M in Margarine. The main destinations of Russia exports on Margarine were Uzbekistan ($162M), Kazakhstan ($97.5M), Tajikistan ($52.1M), Azerbaijan ($42.3M), and Armenia ($34.6M).

In 2022, Russia imported $91.6M in Margarine, mainly from Indonesia ($29.3M), Netherlands ($17.6M), Sweden ($14.5M), Italy ($7.06M), and Kazakhstan ($4.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Uzbekistan$70.8M (77.3%)
Kazakhstan$20.8M (27.1%)
Azerbaijan$15.8M (59.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Russia WERE (2021 - 2022):
Turkmenistan-$31.1M (-100%)
Belarus-$28.4M (-100%)
Ukraine-$26.3M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Margarine were:
In 2022, Russia's main importing competitors in Margarine were:
China $1.33B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.04M
TOP IMPORT POTENTIALIndonesia+ $9.97M

Margarine’s highest export potential is China. With an export gap of $3.04M.   Margarine’s highest import potential is Indonesia with an import gap of $9.97M.

See methodology.

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