2022
Exports
$771MWorld Rnk 5 / 109
Flag Rnk 42 / 1200
2022
PRODUCT COMPLEXITY IN Precious Metal Ore
-1.71Rnk 973 / 1025
2022
Imports
$350MWorld Rnk 8 / 109
Flag Rnk 140 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $771M in Precious Metal Ore, making it the 5th largest exporter of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 42nd most exported product in Russia. The main destination of Precious Metal Ore exports from Russia are: China ($416M), Kazakhstan ($289M), Japan ($62.6M), and Bulgaria ($3.5M).

The fastest growing export markets for Precious Metal Ore of Russia between 2021 and 2022 were Kazakhstan ($16.1M), Japan ($12.8M), and Bulgaria ($3.5M).

Imports In 2022, Russia imported $350M in Precious Metal Ore, becoming the 8th largest importer of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 140th most imported product in Russia. Russia imports Precious Metal Ore primarily from: Kazakhstan ($339M), Mongolia ($6.47M), Australia ($2.98M), Greece ($1.83M), and United Arab Emirates ($5.05k).

The fastest growing import markets in Precious Metal Ore for Russia between 2021 and 2022 were Australia ($2.98M) and United Arab Emirates ($5.05k).

Latest Trends

Oct 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 Precious Metal Ore. 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)$771M
IMPORTS (2022)$350M
NET TRADE (2022)$420M

In 2022, Russia exported $771M in Precious Metal Ore. The main destinations of Russia exports on Precious Metal Ore were China ($416M), Kazakhstan ($289M), Japan ($62.6M), and Bulgaria ($3.5M).

In 2022, Russia imported $350M in Precious Metal Ore, mainly from Kazakhstan ($339M), Mongolia ($6.47M), Australia ($2.98M), Greece ($1.83M), and United Arab Emirates ($5.05k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Ore EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Kazakhstan$16.1M (5.92%)
Japan$12.8M (25.8%)
Bulgaria$3.5M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Ore BY Russia WERE (2021 - 2022):
China-$167M (-28.6%)
Belgium-$36.6M (-100%)
Germany-$10.4M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Precious Metal Ore were:
In 2022, Russia's main importing competitors in Precious Metal Ore were:

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Trade Value of Precious Metal Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $148M
TOP IMPORT POTENTIALAustralia+ $3.6M

Precious Metal Ore’s highest export potential is China. With an export gap of $148M.   Precious Metal Ore’s highest import potential is Australia with an import gap of $3.6M.

See methodology.

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