HS Icon Other Heating Machinery in  Flag Russia

2020
Exports | Imports
: $460M | $2.14B, World Rnk 21 / 199
Flag Rnk 72 / 1210 | World Rnk 4 / 224
Flag Rnk 10 / 1205

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $126M | $180M, Bangladesh |  China

2020
ECONOMIC COMPLEXITY of Russia
: 0.5, Rnk 43 / 127

2020
PRODUCT COMPLEXITY  IN Other Heating Machinery
: 1.16, Rnk 127 / 1029

Exports In 2020, Russia exported $460M in Other Heating Machinery, making it the 21st largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 72nd most exported product in Russia. The main destination of Other Heating Machinery exports from Russia are: Bangladesh ($211M), India ($81.5M), Kazakhstan ($39.9M), United States ($29.6M), and Belarus ($27M).

The fastest growing export markets for Other Heating Machinery of Russia between 2019 and 2020 were Bangladesh ($126M), Turkey ($6.28M), and Latvia ($2.08M).

Imports In 2020, Russia imported $2.14B in Other Heating Machinery, becoming the 4th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 10th most imported product in Russia. Russia imports Other Heating Machinery primarily from: Germany ($450M), China ($337M), South Korea ($256M), Italy ($139M), and United States ($87.3M).

The fastest growing import markets in Other Heating Machinery for Russia between 2019 and 2020 were China ($180M), South Korea ($157M), and United States ($51.2M).

Subnational Monthly Trade

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The following visualization shows the latest trends on Other Heating 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

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EXPORTS (2020): $460M

IMPORTS (2020): $2.14B

NET TRADE (2020): -$1.68B

In 2020, Russia exported $460M in Other Heating Machinery. The main destinations of Russia exports on Other Heating Machinery were Bangladesh ($211M), India ($81.5M), Kazakhstan ($39.9M), United States ($29.6M), and Belarus ($27M).

In 2020, Russia imported $2.14B in Other Heating Machinery, mainly from Germany ($450M), China ($337M), South Korea ($256M), Italy ($139M), and United States ($87.3M).

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THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR Russia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY Russia WERE (2019 - 2020):

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Market Concentration

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In 2020, Russia's main exporting competitors in Other Heating Machinery were:

In 2020, Russia's main importing competitors in Other Heating Machinery were:

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