Packaged Medicaments in Russia 2020 Exports | Imports : $691M | $7.06B, World Rnk 36 / 210 Rnk 47 / 1210 | World Rnk 13 / 224 Rnk 4 / 1205
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $32.1M | $28.8M, Uzbekistan | Romania
2020 ECONOMIC COMPLEXITY of Russia: 0.5, Rnk 43 / 127
2020 PRODUCT COMPLEXITY IN Packaged Medicaments: 0.6, Rnk 320 / 1029
Exports In 2020, Russia exported $691M in Packaged Medicaments, making it the 36th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 47th most exported product in Russia. The main destination of Packaged Medicaments exports from Russia are: Ukraine ($142M), Kazakhstan ($115M), Uzbekistan ($98.3M), Belarus ($55.7M), and Kyrgyzstan ($35.2M).
The fastest growing export markets for Packaged Medicaments of Russia between 2019 and 2020 were Uzbekistan ($32.1M), Ukraine ($27.7M), and Kazakhstan ($26.4M).
Imports In 2020, Russia imported $7.06B in Packaged Medicaments, becoming the 13th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most imported product in Russia. Russia imports Packaged Medicaments primarily from: Germany ($1.49B), Switzerland ($751M), Belgium ($593M), India ($444M), and Netherlands ($427M).
The fastest growing import markets in Packaged Medicaments for Russia between 2019 and 2020 were Romania ($28.8M), Portugal ($22.8M), and Ireland ($13.5M).
Tariffs In 2018, the average tariff for Russia in Packaged Medicaments was 4.02%. The countries with the highest import tariffs for Packaged Medicaments were Angola (Most Favoured Nation duty rate treatement, 4.19%), Burundi (Most Favoured Nation duty rate treatement, 4.19%), Benin (Most Favoured Nation duty rate treatement, 4.19%), Burkina Faso (Most Favoured Nation duty rate treatement, 4.19%), and Botswana (Most Favoured Nation duty rate treatement, 4.19%).
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.
EXPORTS (2020): $691M
IMPORTS (2020): $7.06B
NET TRADE (2020): -$6.37B
In 2020, Russia exported $691M in Packaged Medicaments. The main destinations of Russia exports on Packaged Medicaments were Ukraine ($142M), Kazakhstan ($115M), Uzbekistan ($98.3M), Belarus ($55.7M), and Kyrgyzstan ($35.2M).
In 2020, Russia imported $7.06B in Packaged Medicaments, mainly from Germany ($1.49B), Switzerland ($751M), Belgium ($593M), India ($444M), and Netherlands ($427M).
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Russia WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Russia WERE (2019 - 2020):
In 2020, Russia's main exporting competitors in Packaged Medicaments were:
In 2020, Russia's main importing competitors in Packaged Medicaments were:
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