2022
Exports
$801kWorld Rnk 57 / 146
Flag Rnk 915 / 1200
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2022
Imports
$71.5MWorld Rnk 21 / 218
Flag Rnk 423 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $801k in Pure Olive Oil, making it the 57th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 915th most exported product in Russia. The main destination of Pure Olive Oil exports from Russia are: Kazakhstan ($619k), Tajikistan ($69.5k), Kyrgyzstan ($44.5k), Greece ($26k), and Uzbekistan ($23.2k).

The fastest growing export markets for Pure Olive Oil of Russia between 2021 and 2022 were Tajikistan ($56.9k), Kazakhstan ($49k), and Greece ($26k).

Imports In 2022, Russia imported $71.5M in Pure Olive Oil, becoming the 21st largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 423rd most imported product in Russia. Russia imports Pure Olive Oil primarily from: Italy ($28.2M), Spain ($22.6M), Greece ($6.65M), Lithuania ($3.88M), and Turkey ($3.4M).

The fastest growing import markets in Pure Olive Oil for Russia between 2021 and 2022 were Turkey ($2.35M), Armenia ($1.47M), and Finland ($954k).

Latest Trends

May 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 Pure Olive Oil. 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)$801k
IMPORTS (2022)$71.5M
NET TRADE (2022)-$70.6M

In 2022, Russia exported $801k in Pure Olive Oil. The main destinations of Russia exports on Pure Olive Oil were Kazakhstan ($619k), Tajikistan ($69.5k), Kyrgyzstan ($44.5k), Greece ($26k), and Uzbekistan ($23.2k).

In 2022, Russia imported $71.5M in Pure Olive Oil, mainly from Italy ($28.2M), Spain ($22.6M), Greece ($6.65M), Lithuania ($3.88M), and Turkey ($3.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Tajikistan$56.9k (449%)
Kazakhstan$49k (8.59%)
Greece$26k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Russia WERE (2021 - 2022):
Ukraine-$389k (-100%)
Belarus-$174k (-100%)
Armenia-$32.2k (-82.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, Russia's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $24.2k
TOP IMPORT POTENTIALSpain+ $7.3M

Pure Olive Oil’s highest export potential is China. With an export gap of $24.2k.   Pure Olive Oil’s highest import potential is Spain with an import gap of $7.3M.

See methodology.

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