2022
Exports
$83.2MWorld Rnk 44 / 216
Flag Rnk 220 / 1200
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.33Rnk 86 / 1025
2022
Imports
$822MWorld Rnk 22 / 224
Flag Rnk 45 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $83.2M 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 220th most exported product in Russia. The main destination of Other Electrical Machinery exports from Russia are: Kazakhstan ($27.8M), India ($15.4M), China ($10.8M), Germany ($4.4M), and United Kingdom ($2.47M).

The fastest growing export markets for Other Electrical Machinery of Russia between 2021 and 2022 were Kazakhstan ($10.2M), Ireland ($2.07M), and Bolivia ($1.88M).

Imports In 2022, Russia imported $822M in Other Electrical Machinery, becoming the 22nd largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 45th most imported product in Russia. Russia imports Other Electrical Machinery primarily from: China ($634M), Malaysia ($28.7M), Italy ($22.1M), Hong Kong ($18.5M), and India ($18.5M).

The fastest growing import markets in Other Electrical Machinery for Russia between 2021 and 2022 were Hong Kong ($16.9M), India ($16.2M), and Italy ($9.09M).

Latest Trends

Oct 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 (2022)$83.2M
IMPORTS (2022)$822M
NET TRADE (2022)-$739M

In 2022, Russia exported $83.2M in Other Electrical Machinery. The main destinations of Russia exports on Other Electrical Machinery were Kazakhstan ($27.8M), India ($15.4M), China ($10.8M), Germany ($4.4M), and United Kingdom ($2.47M).

In 2022, Russia imported $822M in Other Electrical Machinery, mainly from China ($634M), Malaysia ($28.7M), Italy ($22.1M), Hong Kong ($18.5M), and India ($18.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Kazakhstan$10.2M (58.2%)
Ireland$2.07M (2.82k%)
Bolivia$1.88M (1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Russia WERE (2021 - 2022):
India-$40.2M (-72.3%)
Belarus-$21.1M (-100%)
Algeria-$14.5M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Other Electrical Machinery were:
In 2022, 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

Flow
View
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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