2022
Exports
$16.6MWorld Rnk 22 / 84
Flag Rnk 473 / 1200
2022
PRODUCT COMPLEXITY IN Scrap Vessels
-1.24Rnk 890 / 1025
2022
Imports
$317World Rnk 96 / 100
Flag Rnk 1197 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $16.6M in Scrap Vessels, making it the 22nd largest exporter of Scrap Vessels in the world. At the same year, Scrap Vessels was the 473rd most exported product in Russia. The main destination of Scrap Vessels exports from Russia are: India ($14.7M), South Korea ($1.37M), Turkey ($463k), Armenia ($6.65k), and Japan ($5.33k).

The fastest growing export markets for Scrap Vessels of Russia between 2021 and 2022 were India ($12.7M), South Korea ($1.27M), and Armenia ($6.65k).

Imports In 2022, Russia imported $317 in Scrap Vessels, becoming the 96th largest importer of Scrap Vessels in the world. At the same year, Scrap Vessels was the 1197th most imported product in Russia. Russia imports Scrap Vessels primarily from: Uzbekistan ($317).

The fastest growing import markets in Scrap Vessels for Russia between 2021 and 2022 were Uzbekistan ($317).

Latest Trends

Jul 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 Scrap Vessels. 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)$16.6M
IMPORTS (2022)$317
NET TRADE (2022)$16.6M

In 2022, Russia exported $16.6M in Scrap Vessels. The main destinations of Russia exports on Scrap Vessels were India ($14.7M), South Korea ($1.37M), Turkey ($463k), Armenia ($6.65k), and Japan ($5.33k).

In 2022, Russia imported $317 in Scrap Vessels, mainly from Uzbekistan ($317).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Vessels EXPORT MARKETS FOR Russia WERE (2021 - 2022):
India$12.7M (637%)
South Korea$1.27M (1.27k%)
Armenia$6.65k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Vessels BY Russia WERE (2021 - 2022):
Turkey-$2.34M (-83.5%)
Kazakhstan-$1.25M (-100%)
France-$1.1M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Scrap Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $3.67M
TOP IMPORT POTENTIALNorway+ $449

Scrap Vessels’s highest export potential is India. With an export gap of $3.67M.   Scrap Vessels’s highest import potential is Norway with an import gap of $449.

See methodology.

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