2022
Exports
$63.4MWorld Rnk 24 / 186
Flag Rnk 254 / 1200
2022
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils
-0.9Rnk 810 / 1025
2022
Imports
$41MWorld Rnk 35 / 221
Flag Rnk 527 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $63.4M in Other Pure Vegetable Oils, making it the 24th largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 254th most exported product in Russia. The main destination of Other Pure Vegetable Oils exports from Russia are: China ($22.5M), Norway ($21.8M), Belgium ($6.5M), Azerbaijan ($5.49M), and Kazakhstan ($1.1M).

The fastest growing export markets for Other Pure Vegetable Oils of Russia between 2021 and 2022 were Belgium ($1.94M), Azerbaijan ($1.62M), and China ($1.29M).

Imports In 2022, Russia imported $41M in Other Pure Vegetable Oils, becoming the 35th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 527th most imported product in Russia. Russia imports Other Pure Vegetable Oils primarily from: India ($19.9M), Sweden ($4.12M), Spain ($2.6M), China ($2.05M), and Singapore ($1.63M).

The fastest growing import markets in Other Pure Vegetable Oils for Russia between 2021 and 2022 were India ($6.45M), Singapore ($963k), and Spain ($358k).

Latest Trends

Sep 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 Pure Vegetable Oils. 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)$63.4M
IMPORTS (2022)$41M
NET TRADE (2022)$22.3M

In 2022, Russia exported $63.4M in Other Pure Vegetable Oils. The main destinations of Russia exports on Other Pure Vegetable Oils were China ($22.5M), Norway ($21.8M), Belgium ($6.5M), Azerbaijan ($5.49M), and Kazakhstan ($1.1M).

In 2022, Russia imported $41M in Other Pure Vegetable Oils, mainly from India ($19.9M), Sweden ($4.12M), Spain ($2.6M), China ($2.05M), and Singapore ($1.63M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Belgium$1.94M (42.6%)
Azerbaijan$1.62M (41.9%)
China$1.29M (6.09%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Russia WERE (2021 - 2022):
Belarus-$2.18M (-100%)
Poland-$871k (-85.7%)
Ukraine-$618k (-98.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Other Pure Vegetable Oils were:
In 2022, Russia's main importing competitors in Other Pure Vegetable Oils were:

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.61M
TOP IMPORT POTENTIALIndia+ $6.87M

Other Pure Vegetable Oils’s highest export potential is China. With an export gap of $9.61M.   Other Pure Vegetable Oils’s highest import potential is India with an import gap of $6.87M.

See methodology.

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