2022
Exports
$3.01BWorld Rnk 2 / 152
Flag Rnk 17 / 1200
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.99Rnk 836 / 1025
2022
Imports
$872kWorld Rnk 158 / 211
Flag Rnk 1053 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $3.01B in Seed Oils, making it the 2nd largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 17th most exported product in Russia. The main destination of Seed Oils exports from Russia are: Turkey ($1.09B), India ($803M), China ($305M), Egypt ($128M), and Kazakhstan ($120M).

The fastest growing export markets for Seed Oils of Russia between 2021 and 2022 were India ($493M), Netherlands ($47.8M), and Italy ($20.3M).

Imports In 2022, Russia imported $872k in Seed Oils, becoming the 158th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 1053rd most imported product in Russia. Russia imports Seed Oils primarily from: Kazakhstan ($341k), Germany ($116k), Spain ($112k), Belgium ($81.7k), and Lithuania ($65.3k).

The fastest growing import markets in Seed Oils for Russia between 2021 and 2022 were Spain ($108k), Belgium ($64.6k), and Germany ($31.5k).

Latest Trends

Apr 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 Seed Oils. 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)$3.01B
IMPORTS (2022)$872k
NET TRADE (2022)$3B

In 2022, Russia exported $3.01B in Seed Oils. The main destinations of Russia exports on Seed Oils were Turkey ($1.09B), India ($803M), China ($305M), Egypt ($128M), and Kazakhstan ($120M).

In 2022, Russia imported $872k in Seed Oils, mainly from Kazakhstan ($341k), Germany ($116k), Spain ($112k), Belgium ($81.7k), and Lithuania ($65.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Russia WERE (2021 - 2022):
India$493M (159%)
Netherlands$47.8M (683%)
Italy$20.3M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Russia WERE (2021 - 2022):
Iran-$172M (-100%)
Belarus-$119M (-100%)
Sudan-$84.8M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Turkey $1.88B
In 2022, Russia's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

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