2022
Exports
$445MWorld Rnk 48 / 217
Flag Rnk 70 / 1200
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$9.11BWorld Rnk 13 / 224
Flag Rnk 1 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $445M in Packaged Medicaments, making it the 48th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 70th most exported product in Russia. The main destination of Packaged Medicaments exports from Russia are: Uzbekistan ($155M), Kazakhstan ($105M), Kyrgyzstan ($36.9M), Azerbaijan ($29.7M), and Georgia ($19.2M).

The fastest growing export markets for Packaged Medicaments of Russia between 2021 and 2022 were Uzbekistan ($48.8M), Palestine ($13.5M), and Kazakhstan ($8.51M).

Imports In 2022, Russia imported $9.11B in Packaged Medicaments, becoming the 13th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 1st most imported product in Russia. Russia imports Packaged Medicaments primarily from: Germany ($2.59B), Switzerland ($1.05B), Belgium ($825M), Netherlands ($627M), and Austria ($451M).

The fastest growing import markets in Packaged Medicaments for Russia between 2021 and 2022 were Austria ($297M), Switzerland ($243M), and Germany ($198M).

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 Packaged Medicaments. 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)$445M
IMPORTS (2022)$9.11B
NET TRADE (2022)-$8.66B

In 2022, Russia exported $445M in Packaged Medicaments. The main destinations of Russia exports on Packaged Medicaments were Uzbekistan ($155M), Kazakhstan ($105M), Kyrgyzstan ($36.9M), Azerbaijan ($29.7M), and Georgia ($19.2M).

In 2022, Russia imported $9.11B in Packaged Medicaments, mainly from Germany ($2.59B), Switzerland ($1.05B), Belgium ($825M), Netherlands ($627M), and Austria ($451M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Uzbekistan$48.8M (45.9%)
Palestine$13.5M (1%)
Kazakhstan$8.51M (8.82%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Russia WERE (2021 - 2022):
Ukraine-$188M (-100%)
Belarus-$56.5M (-100%)
Japan-$35.2M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Packaged Medicaments were:
In 2022, Russia's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.01M
TOP IMPORT POTENTIALGermany+ $386M

Packaged Medicaments’s highest export potential is China. With an export gap of $7.01M.   Packaged Medicaments’s highest import potential is Germany with an import gap of $386M.

See methodology.

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