2021
Exports | Imports
$12B | $87MWorld Rnk 3 / 93
Flag Rnk 6 / 1209
World Rnk 29 / 140
Flag Rnk 472 / 1206
2021
ECONOMIC COMPLEXITY of Russia
0.46Rnk 45 / 131
2021
PRODUCT COMPLEXITY IN Platinum
0.57Rnk 334 / 1024

About

Exports In 2021, Russia exported $12B in Platinum, making it the 3rd largest exporter of Platinum in the world. At the same year, Platinum was the 6th most exported product in Russia. The main destination of Platinum exports from Russia are: United Kingdom ($3.43B), United States ($2.4B), China ($1.19B), Japan ($1.18B), and Germany ($1.1B).

The fastest growing export markets for Platinum of Russia between 2020 and 2021 were China ($648M), Italy ($376M), and Germany ($252M).

Imports In 2021, Russia imported $87M in Platinum, becoming the 29th largest importer of Platinum in the world. At the same year, Platinum was the 472nd most imported product in Russia. Russia imports Platinum primarily from: South Africa ($38.5M), United Arab Emirates ($22.5M), Germany ($8.14M), United States ($6.92M), and Italy ($2.71M).

The fastest growing import markets in Platinum for Russia between 2020 and 2021 were South Africa ($22.5M), United Arab Emirates ($21.6M), and United States ($5.16M).

Latest Trends

Dec 2023

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 Platinum. 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 (2021)$12B
IMPORTS (2021)$87M
NET TRADE (2021)$11.9B

In 2021, Russia exported $12B in Platinum. The main destinations of Russia exports on Platinum were United Kingdom ($3.43B), United States ($2.4B), China ($1.19B), Japan ($1.18B), and Germany ($1.1B).

In 2021, Russia imported $87M in Platinum, mainly from South Africa ($38.5M), United Arab Emirates ($22.5M), Germany ($8.14M), United States ($6.92M), and Italy ($2.71M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR Russia WERE (2020 - 2021):
China$648M (120%)
Italy$376M (78.3%)
Germany$252M (29.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY Russia WERE (2020 - 2021):
United Kingdom-$354M (-9.36%)
Switzerland-$156M (-57.6%)
Chinese Taipei-$2.41M (-99.3%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Russia's main exporting competitors in Platinum were:
In 2021, Russia's main importing competitors in Platinum were:

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Trade Value of Platinum by Exporters

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