HS Icon Platinum in  Flag Russia

2020
Exports | Imports
: $10.5B | $61.5M, World Rnk 2 / 93
Flag Rnk 6 / 1210 | World Rnk 28 / 131
Flag Rnk 498 / 1205

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.08B | $3.61M, United Kingdom |  Belgium


ECONOMIC COMPLEXITY of Russia
: 0.5, Rnk 43 / 127


PRODUCT COMPLEXITY  IN Platinum
: 0.58, Rnk 336 / 1028

Exports In 2020, Russia exported $10.5B in Platinum, making it the 2nd 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 ($3.78B), United States ($2.16B), Japan ($1.12B), Germany ($847M), and Hong Kong ($754M).

The fastest growing export markets for Platinum of Russia between 2019 and 2020 were United Kingdom ($2.08B), United States ($722M), and Hong Kong ($412M).

Imports In 2020, Russia imported $61.5M in Platinum, becoming the 28th largest importer of Platinum in the world. At the same year, Platinum was the 498th most imported product in Russia. Russia imports Platinum primarily from: Germany ($32.4M), South Africa ($16M), Belgium ($3.82M), United Kingdom ($3.08M), and United States ($1.75M).

The fastest growing import markets in Platinum for Russia between 2019 and 2020 were Belgium ($3.61M), United Arab Emirates ($870k), and Uzbekistan ($830k).

Tariffs In 2018, the average tariff for Russia in Platinum was 8.82%. The countries with the highest import tariffs for Platinum were Angola (Most Favoured Nation duty rate treatement, 9.25%), Burundi (Most Favoured Nation duty rate treatement, 9.25%), Benin (Most Favoured Nation duty rate treatement, 9.25%), Burkina Faso (Most Favoured Nation duty rate treatement, 9.25%), and Botswana (Most Favoured Nation duty rate treatement, 9.25%).

January 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (January 2021 - January 2022): $-297M, (-40.4%)

IMPORT GROWTH (January 2021 - January 2022): $1.36M, (360%)

MAIN EXPORTER (January 2022): Moscow, The Capital Of Russian Federation, $432M

MAIN DESTINATION (January 2022): United States, $170M

This section shows Platinum'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 Platinum over time.

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Historical Data

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EXPORTS (2020): $10.5B

IMPORTS (2020): $61.5M

NET TRADE (2020): $10.4B

In 2020, Russia exported $10.5B in Platinum. The main destinations of Russia exports on Platinum were United Kingdom ($3.78B), United States ($2.16B), Japan ($1.12B), Germany ($847M), and Hong Kong ($754M).

In 2020, Russia imported $61.5M in Platinum, mainly from Germany ($32.4M), South Africa ($16M), Belgium ($3.82M), United Kingdom ($3.08M), and United States ($1.75M).

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IN 2020, Russia HAD A POSITIVE NET TRADE IN Platinum WITH:

IN 2020, Russia HAD A NEGATIVE NET TRADE IN Platinum WITH:

Flow

THE FASTEST GROWING Platinum EXPORT MARKETS FOR Russia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY Russia WERE (2019 - 2020):

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Market Concentration

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Type

In 2019, Russia's main exporting competitors in Platinum were:

In 2019, Russia's main importing competitors in Platinum were:

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