2022
Exports
$230MWorld Rnk 43 / 217
Flag Rnk 52 / 96
2022
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes
1.08Rnk 144 / 1025
2022
Imports
$1.45BWorld Rnk 19 / 225
Flag Rnk 29 / 96
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $230M in Paints, dyes, & varnishes, making it the 43rd largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 52nd most exported product in Russia. The main destination of Paints, dyes, & varnishes exports from Russia are: Kazakhstan ($118M), Uzbekistan ($43.2M), Armenia ($9.05M), Kyrgyzstan ($8.37M), and Mongolia ($6.9M).

The fastest growing export markets for Paints, dyes, & varnishes of Russia between 2021 and 2022 were Uzbekistan ($5.43M), Mongolia ($1.17M), and Netherlands ($965k).

Imports In 2022, Russia imported $1.45B in Paints, dyes, & varnishes, becoming the 19th largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 29th most imported product in Russia. Russia imports Paints, dyes, & varnishes primarily from: China ($371M), Turkey ($235M), Germany ($143M), Poland ($112M), and Italy ($69.6M).

The fastest growing import markets in Paints, dyes, & varnishes for Russia between 2021 and 2022 were Turkey ($188M), China ($175M), and Kazakhstan ($52M).

Latest Trends

May 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 Paints, dyes, & varnishes. 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)$230M
IMPORTS (2022)$1.45B
NET TRADE (2022)-$1.22B

In 2022, Russia exported $230M in Paints, dyes, & varnishes. The main destinations of Russia exports on Paints, dyes, & varnishes were Kazakhstan ($118M), Uzbekistan ($43.2M), Armenia ($9.05M), Kyrgyzstan ($8.37M), and Mongolia ($6.9M).

In 2022, Russia imported $1.45B in Paints, dyes, & varnishes, mainly from China ($371M), Turkey ($235M), Germany ($143M), Poland ($112M), and Italy ($69.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Uzbekistan$5.43M (14.4%)
Mongolia$1.17M (20.4%)
Netherlands$965k (115%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY Russia WERE (2021 - 2022):
Belarus-$90.6M (-100%)
Ukraine-$28.7M (-95%)
India-$12.2M (-90.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Paints, dyes, & varnishes were:
In 2022, Russia's main importing competitors in Paints, dyes, & varnishes were:

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Trade Value of Paints, dyes, & varnishes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $4.61M
TOP IMPORT POTENTIALChina+ $139M

Paints, dyes, & varnishes’s highest export potential is Turkey. With an export gap of $4.61M.   Paints, dyes, & varnishes’s highest import potential is China with an import gap of $139M.

See methodology.

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