2022
Exports
$41.7MWorld Rnk 10 / 80
Flag Rnk 320 / 1200
2022
PRODUCT COMPLEXITY IN Rare-Earth Metal Compounds
0.68Rnk 287 / 1025
2022
Imports
$30.4MWorld Rnk 12 / 144
Flag Rnk 575 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $41.7M in Rare-Earth Metal Compounds, making it the 10th largest exporter of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 320th most exported product in Russia. The main destination of Rare-Earth Metal Compounds exports from Russia are: Estonia ($34.7M), Turkey ($2.16M), China ($1.9M), United States ($1.65M), and South Korea ($696k).

The fastest growing export markets for Rare-Earth Metal Compounds of Russia between 2021 and 2022 were Estonia ($4.57M), United States ($749k), and South Korea ($653k).

Imports In 2022, Russia imported $30.4M in Rare-Earth Metal Compounds, becoming the 12th largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 575th most imported product in Russia. Russia imports Rare-Earth Metal Compounds primarily from: China ($11.2M), Germany ($10.6M), Estonia ($4.47M), United Arab Emirates ($2.77M), and United Kingdom ($393k).

The fastest growing import markets in Rare-Earth Metal Compounds for Russia between 2021 and 2022 were China ($5.34M), Estonia ($294k), and Czechia ($226k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Rare-Earth Metal Compounds. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$41.7M
IMPORTS (2022)$30.4M
NET TRADE (2022)$11.2M

In 2022, Russia exported $41.7M in Rare-Earth Metal Compounds. The main destinations of Russia exports on Rare-Earth Metal Compounds were Estonia ($34.7M), Turkey ($2.16M), China ($1.9M), United States ($1.65M), and South Korea ($696k).

In 2022, Russia imported $30.4M in Rare-Earth Metal Compounds, mainly from China ($11.2M), Germany ($10.6M), Estonia ($4.47M), United Arab Emirates ($2.77M), and United Kingdom ($393k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rare-Earth Metal Compounds EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Estonia$4.57M (15.2%)
United States$749k (82.8%)
South Korea$653k (1.52k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rare-Earth Metal Compounds BY Russia WERE (2021 - 2022):
China-$1.62M (-46%)
Turkey-$499k (-18.8%)
India-$392k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Russia's main exporting competitors in Rare-Earth Metal Compounds were:
In 2022, Russia's main importing competitors in Rare-Earth Metal Compounds were:
China $1.48B
Japan $488M

Explore Visualizations

Trade Value of Rare-Earth Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.09M
TOP IMPORT POTENTIALChina+ $5.54M

Rare-Earth Metal Compounds’s highest export potential is China. With an export gap of $2.09M.   Rare-Earth Metal Compounds’s highest import potential is China with an import gap of $5.54M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with