2022
Exports
$34MWorld Rnk 10 / 105
Flag Rnk 360 / 1200
2022
PRODUCT COMPLEXITY IN Peat
-0.028Rnk 554 / 1025
2022
Imports
$1.18MWorld Rnk 82 / 195
Flag Rnk 1034 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $34M in Peat, making it the 10th largest exporter of Peat in the world. At the same year, Peat was the 360th most exported product in Russia. The main destination of Peat exports from Russia are: China ($14.6M), Germany ($3.42M), Kazakhstan ($3.23M), United States ($2.61M), and South Korea ($2.14M).

The fastest growing export markets for Peat of Russia between 2021 and 2022 were China ($8.84M), United States ($2.21M), and Japan ($519k).

Imports In 2022, Russia imported $1.18M in Peat, becoming the 82nd largest importer of Peat in the world. At the same year, Peat was the 1034th most imported product in Russia. Russia imports Peat primarily from: Lithuania ($603k), Czechia ($128k), Poland ($124k), Estonia ($93.3k), and United Kingdom ($65.4k).

The fastest growing import markets in Peat for Russia between 2021 and 2022 were Lithuania ($110k), Poland ($75.2k), and United Kingdom ($54.4k).

Latest Trends

Jul 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 Peat. 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)$34M
IMPORTS (2022)$1.18M
NET TRADE (2022)$32.8M

In 2022, Russia exported $34M in Peat. The main destinations of Russia exports on Peat were China ($14.6M), Germany ($3.42M), Kazakhstan ($3.23M), United States ($2.61M), and South Korea ($2.14M).

In 2022, Russia imported $1.18M in Peat, mainly from Lithuania ($603k), Czechia ($128k), Poland ($124k), Estonia ($93.3k), and United Kingdom ($65.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Russia WERE (2021 - 2022):
China$8.84M (154%)
United States$2.21M (557%)
Japan$519k (49.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Russia WERE (2021 - 2022):
Germany-$2.87M (-45.6%)
Poland-$2.81M (-77.2%)
Netherlands-$1.43M (-97.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.24M
TOP IMPORT POTENTIALLithuania+ $191k

Peat’s highest export potential is United States. With an export gap of $2.24M.   Peat’s highest import potential is Lithuania with an import gap of $191k.

See methodology.

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