2022
Exports
$228MWorld Rnk 42 / 223
Flag Rnk 116 / 1200
2022
PRODUCT COMPLEXITY IN Other Furniture
0.34Rnk 424 / 1025
2022
Imports
$532MWorld Rnk 36 / 225
Flag Rnk 94 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $228M in Other Furniture, making it the 42nd largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 116th most exported product in Russia. The main destination of Other Furniture exports from Russia are: Kazakhstan ($111M), United States ($21.5M), Uzbekistan ($10.4M), Germany ($9.73M), and Armenia ($8.93M).

The fastest growing export markets for Other Furniture of Russia between 2021 and 2022 were Turkey ($2.04M), Uzbekistan ($1.8M), and Mongolia ($1.7M).

Imports In 2022, Russia imported $532M in Other Furniture, becoming the 36th largest importer of Other Furniture in the world. At the same year, Other Furniture was the 94th most imported product in Russia. Russia imports Other Furniture primarily from: Italy ($183M), China ($139M), Germany ($40.3M), Lithuania ($28.4M), and Turkey ($25.1M).

The fastest growing import markets in Other Furniture for Russia between 2021 and 2022 were Italy ($53.1M), Serbia ($4.84M), and Turkey ($2.39M).

COMPANIES In 2021, leading companies such as IKEA Group (36) were at the forefront of shipping Other Furniture from Russia to the United States.

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 Furniture. 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)$228M
IMPORTS (2022)$532M
NET TRADE (2022)-$304M

In 2022, Russia exported $228M in Other Furniture. The main destinations of Russia exports on Other Furniture were Kazakhstan ($111M), United States ($21.5M), Uzbekistan ($10.4M), Germany ($9.73M), and Armenia ($8.93M).

In 2022, Russia imported $532M in Other Furniture, mainly from Italy ($183M), China ($139M), Germany ($40.3M), Lithuania ($28.4M), and Turkey ($25.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Turkey$2.04M (714%)
Uzbekistan$1.8M (20.8%)
Mongolia$1.7M (91.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY Russia WERE (2021 - 2022):
Germany-$49.8M (-83.7%)
Belarus-$44.8M (-100%)
Kazakhstan-$32.5M (-22.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Other Furniture were:
China $36.6B
Vietnam $9.13B
Germany $8.79B
In 2022, Russia's main importing competitors in Other Furniture were:

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Trade Value of Other Furniture by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $31M
TOP IMPORT POTENTIALChina+ $160M

Other Furniture’s highest export potential is United States. With an export gap of $31M.   Other Furniture’s highest import potential is China with an import gap of $160M.

See methodology.

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