2022
Exports
$54.7MWorld Rnk 38 / 200
Flag Rnk 281 / 1200
2022
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 162 / 1025
2022
Imports
$170MWorld Rnk 29 / 220
Flag Rnk 252 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $54.7M in Navigation Equipment, making it the 38th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 281st most exported product in Russia. The main destination of Navigation Equipment exports from Russia are: China ($32.7M), Kazakhstan ($9.18M), Turkey ($4.41M), Uzbekistan ($2.46M), and France ($1.25M).

The fastest growing export markets for Navigation Equipment of Russia between 2021 and 2022 were China ($22.9M), Turkey ($4M), and Kazakhstan ($3.07M).

Imports In 2022, Russia imported $170M in Navigation Equipment, becoming the 29th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 252nd most imported product in Russia. Russia imports Navigation Equipment primarily from: China ($112M), India ($12.8M), Singapore ($7.51M), Japan ($5.77M), and Netherlands ($3.92M).

The fastest growing import markets in Navigation Equipment for Russia between 2021 and 2022 were China ($34.8M), India ($2.54M), and Kazakhstan ($2.03M).

Latest Trends

May 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 Navigation Equipment. 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)$54.7M
IMPORTS (2022)$170M
NET TRADE (2022)-$116M

In 2022, Russia exported $54.7M in Navigation Equipment. The main destinations of Russia exports on Navigation Equipment were China ($32.7M), Kazakhstan ($9.18M), Turkey ($4.41M), Uzbekistan ($2.46M), and France ($1.25M).

In 2022, Russia imported $170M in Navigation Equipment, mainly from China ($112M), India ($12.8M), Singapore ($7.51M), Japan ($5.77M), and Netherlands ($3.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Russia WERE (2021 - 2022):
China$22.9M (236%)
Turkey$4M (979%)
Kazakhstan$3.07M (50.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Russia WERE (2021 - 2022):
India-$303M (-99.9%)
Algeria-$255M (-100%)
Iran-$42.5M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $12.3M
TOP IMPORT POTENTIALChina+ $37.7M

Navigation Equipment’s highest export potential is China. With an export gap of $12.3M.   Navigation Equipment’s highest import potential is China with an import gap of $37.7M.

See methodology.

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