2022
Exports
$10.6MWorld Rnk 28 / 157
Flag Rnk 533 / 1200
2022
PRODUCT COMPLEXITY IN Silicone
1.72Rnk 20 / 1025
2022
Imports
$137MWorld Rnk 23 / 215
Flag Rnk 291 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $10.6M in Silicone, making it the 28th largest exporter of Silicone in the world. At the same year, Silicone was the 533rd most exported product in Russia. The main destination of Silicone exports from Russia are: Germany ($5.63M), Czechia ($1.5M), Kazakhstan ($1.13M), China ($528k), and Italy ($476k).

The fastest growing export markets for Silicone of Russia between 2021 and 2022 were Germany ($5.44M), Czechia ($674k), and Serbia ($273k).

Imports In 2022, Russia imported $137M in Silicone, becoming the 23rd largest importer of Silicone in the world. At the same year, Silicone was the 291st most imported product in Russia. Russia imports Silicone primarily from: China ($82.9M), Turkey ($12.3M), Poland ($6.32M), Latvia ($5.65M), and Estonia ($4.79M).

The fastest growing import markets in Silicone for Russia between 2021 and 2022 were China ($36.3M), Turkey ($9.93M), and Latvia ($5.61M).

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 Silicone. 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)$10.6M
IMPORTS (2022)$137M
NET TRADE (2022)-$127M

In 2022, Russia exported $10.6M in Silicone. The main destinations of Russia exports on Silicone were Germany ($5.63M), Czechia ($1.5M), Kazakhstan ($1.13M), China ($528k), and Italy ($476k).

In 2022, Russia imported $137M in Silicone, mainly from China ($82.9M), Turkey ($12.3M), Poland ($6.32M), Latvia ($5.65M), and Estonia ($4.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Germany$5.44M (2.88k%)
Czechia$674k (82.1%)
Serbia$273k (14.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Russia WERE (2021 - 2022):
Belarus-$3.68M (-100%)
China-$1.41M (-72.8%)
Iran-$346k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.13M
TOP IMPORT POTENTIALChina+ $23.9M

Silicone’s highest export potential is China. With an export gap of $1.13M.   Silicone’s highest import potential is China with an import gap of $23.9M.

See methodology.

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