Palladium unwrought or in powder form in Russia 2020 Exports | Imports : $6.47B | $33.1M, World Rnk 1 / 59 Rnk 8 / 4510 | World Rnk 23 / 73 Rnk 1165 / 4499
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $848M | $3.61M, United Kingdom | Belgium
Exports In 2020, Russia exported $6.47B in Palladium unwrought or in powder form, making it the 1st largest exporter of Palladium unwrought or in powder form in the world. At the same year, Palladium unwrought or in powder form was the 8th most exported product in Russia. The main destination of Palladium unwrought or in powder form exports from Russia are: United States ($1.74B), United Kingdom ($1.37B), Japan ($1.1B), Germany ($724M), and Hong Kong ($721M).
The fastest growing export markets for Palladium unwrought or in powder form of Russia between 2019 and 2020 were United Kingdom ($848M), United States ($448M), and Hong Kong ($403M).
Imports In 2020, Russia imported $33.1M in Palladium unwrought or in powder form, becoming the 23rd largest importer of Palladium unwrought or in powder form in the world. At the same year, Palladium unwrought or in powder form was the 1165th most imported product in Russia. Russia imports Palladium unwrought or in powder form primarily from: Germany ($26.8M), Belgium ($3.82M), United Arab Emirates ($870k), Italy ($785k), and South Africa ($442k).
The fastest growing import markets in Palladium unwrought or in powder form for Russia between 2019 and 2020 were Belgium ($3.61M), United Arab Emirates ($870k), and Czechia ($666).
Tariffs In 2018, the average tariff for Russia in Palladium unwrought or in powder form was 5.72%. The countries with the highest import tariffs for Palladium unwrought or in powder form were Angola (Most Favoured Nation duty rate treatement, 6%), Burundi (Most Favoured Nation duty rate treatement, 6%), Benin (Most Favoured Nation duty rate treatement, 6%), Burkina Faso (Most Favoured Nation duty rate treatement, 6%), and Botswana (Most Favoured Nation duty rate treatement, 6%).
January 2022
Overview In January 2022 Russia's Palladium unwrought or in powder form exports accounted up to $336M and imports accounted up to $3.31M, resulting in a positive trade balance of $332M. Between January 2021 and January 2022 the exports of Russia's Palladium unwrought or in powder form have decreased by $-246M (-42.3%) from $581M to $336M, while imports decreased by $-8.04M (-70.9%) from $11.4M to $3.31M.
Destinations In January 2022, Palladium unwrought or in powder form were exported mostly to United States ($133M), Japan ($80.1M), Italy ($62.4M), Germany ($34.4M), and Hong Kong ($13.3M), and were imported mostly from .
Growth In January 2022, the decrease in Palladium unwrought or in powder form's year-by-year exports was explained primarily by a decrease in exports to Switzerland ($-38.4M or -37%), Germany ($-19.9M or -27.5%), and United States ($-4.76M or -3.27%). In December 2021, the decrease in Palladium unwrought or in powder form's year-by-year imports was explained primarily by a decrease in imports from .
EXPORT GROWTH (January 2021 - January 2022): $-246M, (-42.3%)
IMPORT GROWTH (October 2019 - December 2021): $-8.04M, (-70.9%)
MAIN EXPORTER (January 2022): Moscow, The Capital Of Russian Federation, $333M
MAIN DESTINATION (January 2022): United States, $133M
This section shows Palladium unwrought or in powder form's exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Palladium unwrought or in powder form over time.
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The following visualization shows the unit prices for Palladium unwrought or in powder form throughout time. Products without a clear unit are excluded.
Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2020): $6.47B
IMPORTS (2020): $33.1M
NET TRADE (2020): $6.44B
In 2020, Russia exported $6.47B in Palladium unwrought or in powder form. The main destinations of Russia exports on Palladium unwrought or in powder form were United States ($1.74B), United Kingdom ($1.37B), Japan ($1.1B), Germany ($724M), and Hong Kong ($721M).
In 2020, Russia imported $33.1M in Palladium unwrought or in powder form, mainly from Germany ($26.8M), Belgium ($3.82M), United Arab Emirates ($870k), Italy ($785k), and South Africa ($442k).
IN 2020, Russia HAD A POSITIVE NET TRADE IN Palladium unwrought or in powder form WITH:
THE FASTEST GROWING Palladium unwrought or in powder form EXPORT MARKETS FOR Russia WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palladium unwrought or in powder form BY Russia WERE (2019 - 2020):
In 2019, Russia's main exporting competitors in Palladium unwrought or in powder form were:
In 2019, Russia's main importing competitors in Palladium unwrought or in powder form were:
In 2018, the average tariff for Russia in Palladium unwrought or in powder form was 5.72%.
The countries with the highest tariffs for Palladium unwrought or in powder form in Russia were Angola (Most Favoured Nation duty rate treatement, 6%), Burundi (Most Favoured Nation duty rate treatement, 6%), Benin (Most Favoured Nation duty rate treatement, 6%), Burkina Faso (Most Favoured Nation duty rate treatement, 6%), and Botswana (Most Favoured Nation duty rate treatement, 6%).
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