2023
Exports
$62MWorld Rnk 44 / 217
Flag Rnk 217 / 1200
2023
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.46Rnk 52 / 1025
2023
Imports
$933MWorld Rnk 16 / 225
Flag Rnk 38 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $62M in Other Electrical Machinery, making it the 44th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 217th most exported product in Russia. The main destination of Other Electrical Machinery exports from Russia are: Turkey ($12.4M), Kazakhstan ($10.6M), China ($9.86M), Bolivia ($8.59M), and Indonesia ($3.06M).

The fastest growing export markets for Other Electrical Machinery of Russia between 2022 and 2023 were Turkey ($11.1M), Bolivia ($6.52M), and Indonesia ($3.06M).

Imports In 2023, Russia imported $933M in Other Electrical Machinery, becoming the 16th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 38th most imported product in Russia. Russia imports Other Electrical Machinery primarily from: China ($710M), Malaysia ($109M), Italy ($27.6M), Singapore ($14M), and Kazakhstan ($12.7M).

The fastest growing import markets in Other Electrical Machinery for Russia between 2022 and 2023 were Malaysia ($79.9M), China ($76.1M), and Singapore ($7.8M).

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 Other Electrical Machinery. 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)$62M
IMPORTS (2023)$933M
NET TRADE (2023)-$871M

In 2023, Russia exported $62M in Other Electrical Machinery. The main destinations of Russia exports on Other Electrical Machinery were Turkey ($12.4M), Kazakhstan ($10.6M), China ($9.86M), Bolivia ($8.59M), and Indonesia ($3.06M).

In 2023, Russia imported $933M in Other Electrical Machinery, mainly from China ($710M), Malaysia ($109M), Italy ($27.6M), Singapore ($14M), and Kazakhstan ($12.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Turkey$11.1M (870%)
Bolivia$6.52M (316%)
Indonesia$3.06M (256k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Russia WERE (2022 - 2023):
Kazakhstan-$17.2M (-62%)
India-$13.1M (-85.3%)
Germany-$4.37M (-99.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Other Electrical Machinery were:
In 2023, Russia's main importing competitors in Other Electrical Machinery were:

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $14M
TOP IMPORT POTENTIALChina+ $185M

Other Electrical Machinery’s highest export potential is China. With an export gap of $14M.   Other Electrical Machinery’s highest import potential is China with an import gap of $185M.

See methodology.

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