2022
Exports
$7.15BWorld Rnk 4 / 94
Flag Rnk 9 / 1200
2022
PRODUCT COMPLEXITY IN Platinum
0.58Rnk 328 / 1025
2022
Imports
$20.6MWorld Rnk 36 / 143
Flag Rnk 647 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $7.15B in Platinum, making it the 4th largest exporter of Platinum in the world. At the same year, Platinum was the 9th most exported product in Russia. The main destination of Platinum exports from Russia are: United States ($1.84B), China ($1.13B), Hong Kong ($1.01B), Japan ($988M), and Germany ($815M).

The fastest growing export markets for Platinum of Russia between 2021 and 2022 were Hong Kong ($210M), Thailand ($4.28M), and Austria ($4.09M).

Imports In 2022, Russia imported $20.6M in Platinum, becoming the 36th largest importer of Platinum in the world. At the same year, Platinum was the 647th most imported product in Russia. Russia imports Platinum primarily from: United Arab Emirates ($12M), United Kingdom ($4.59M), Switzerland ($1.25M), Germany ($853k), and Uzbekistan ($848k).

The fastest growing import markets in Platinum for Russia between 2021 and 2022 were United Kingdom ($4.49M), Poland ($529k), and Armenia ($6.09k).

Latest Trends

Apr 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 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 (2022)$7.15B
IMPORTS (2022)$20.6M
NET TRADE (2022)$7.13B

In 2022, Russia exported $7.15B in Platinum. The main destinations of Russia exports on Platinum were United States ($1.84B), China ($1.13B), Hong Kong ($1.01B), Japan ($988M), and Germany ($815M).

In 2022, Russia imported $20.6M in Platinum, mainly from United Arab Emirates ($12M), United Kingdom ($4.59M), Switzerland ($1.25M), Germany ($853k), and Uzbekistan ($848k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Hong Kong$210M (26.2%)
Thailand$4.28M (34.4%)
Austria$4.09M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY Russia WERE (2021 - 2022):
United Kingdom-$2.99B (-87.3%)
United States-$561M (-23.4%)
South Korea-$410M (-82.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Platinum by Exporters

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