HS Icon Pharmaceutical products in  Flag Russia

2021
Exports | Imports
: $2.51B | $12.2B, World Rnk 26 / 221
Flag Rnk 22 / 96 | World Rnk 13 / 226
Flag Rnk 4 / 96

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $206M | $1B, Argentina |  Germany

2021
ECONOMIC COMPLEXITY of Russia
: 0.46, Rnk 45 / 131

2021
PRODUCT COMPLEXITY IN Pharmaceutical products
: 1.24, Rnk 107 / 1029

Exports In 2021, Russia exported $2.51B in Pharmaceutical products, making it the 26th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 22nd most exported product in Russia. The main destination of Pharmaceutical products exports from Russia are: Kazakhstan ($267M), Argentina ($209M), Ukraine ($204M), Mexico ($202M), and United Arab Emirates ($197M).

The fastest growing export markets for Pharmaceutical products of Russia between 2020 and 2021 were Argentina ($206M), United Arab Emirates ($196M), and Mexico ($195M).

Imports In 2021, Russia imported $12.2B in Pharmaceutical products, becoming the 13th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 4th most imported product in Russia. Russia imports Pharmaceutical products primarily from: Germany ($2.98B), Switzerland ($1.51B), Belgium ($938M), Netherlands ($917M), and India ($528M).

The fastest growing import markets in Pharmaceutical products for Russia between 2020 and 2021 were Germany ($1B), Netherlands ($253M), and Switzerland ($215M).

Tariffs In 2018, the average tariff for Russia in Pharmaceutical products was 3.56%. The countries with the highest import tariffs for Pharmaceutical products were Angola (Most Favoured Nation duty rate treatment, 3.71%), Burundi (Most Favoured Nation duty rate treatment, 3.71%), Benin (Most Favoured Nation duty rate treatment, 3.71%), Burkina Faso (Most Favoured Nation duty rate treatment, 3.71%), and Botswana (Most Favoured Nation duty rate treatment, 3.71%).

N/A

Mar 2023

Subnational Monthly Trade

#permalink to section
View
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 Pharmaceutical products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Historical Data

#permalink to section
Color

EXPORTS (2021): $2.51B

IMPORTS (2021): $12.2B

NET TRADE (2021): -$9.73B

In 2021, Russia exported $2.51B in Pharmaceutical products. The main destinations of Russia exports on Pharmaceutical products were Kazakhstan ($267M), Argentina ($209M), Ukraine ($204M), Mexico ($202M), and United Arab Emirates ($197M).

In 2021, Russia imported $12.2B in Pharmaceutical products, mainly from Germany ($2.98B), Switzerland ($1.51B), Belgium ($938M), Netherlands ($917M), and India ($528M).

Explore Visualizations

Flow

THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Russia WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Russia WERE (2020 - 2021):

Explore Visualizations

Market Concentration

#permalink to section
View
Flow
Type

In 2021, Russia's main exporting competitors in Pharmaceutical products were:

In 2021, Russia's main importing competitors in Pharmaceutical products were:

Explore Visualizations