2022
Exports
$56.5MWorld Rnk 5 / 145
Flag Rnk 274 / 1200
2022
PRODUCT COMPLEXITY IN Spice Seeds
-1.2Rnk 880 / 1025
2022
Imports
$6.16MWorld Rnk 40 / 216
Flag Rnk 855 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $56.5M in Spice Seeds, making it the 5th largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 274th most exported product in Russia. The main destination of Spice Seeds exports from Russia are: India ($22.6M), Indonesia ($11.7M), Nepal ($3.25M), Poland ($2.79M), and Sri Lanka ($2.46M).

The fastest growing export markets for Spice Seeds of Russia between 2021 and 2022 were India ($18.3M), Indonesia ($1.91M), and United Arab Emirates ($1.41M).

Imports In 2022, Russia imported $6.16M in Spice Seeds, becoming the 40th largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 855th most imported product in Russia. Russia imports Spice Seeds primarily from: India ($2.63M), Austria ($948k), Vietnam ($668k), Latvia ($637k), and Poland ($301k).

The fastest growing import markets in Spice Seeds for Russia between 2021 and 2022 were India ($350k), Austria ($341k), and Latvia ($131k).

Latest Trends

Sep 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 Spice Seeds. 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)$56.5M
IMPORTS (2022)$6.16M
NET TRADE (2022)$50.3M

In 2022, Russia exported $56.5M in Spice Seeds. The main destinations of Russia exports on Spice Seeds were India ($22.6M), Indonesia ($11.7M), Nepal ($3.25M), Poland ($2.79M), and Sri Lanka ($2.46M).

In 2022, Russia imported $6.16M in Spice Seeds, mainly from India ($2.63M), Austria ($948k), Vietnam ($668k), Latvia ($637k), and Poland ($301k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spice Seeds EXPORT MARKETS FOR Russia WERE (2021 - 2022):
India$18.3M (424%)
Indonesia$1.91M (19.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spice Seeds BY Russia WERE (2021 - 2022):
Sri Lanka-$1.75M (-41.6%)
Poland-$1.74M (-38.4%)
Saudi Arabia-$632k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Russia's main exporting competitors in Spice Seeds were:
India $618M
Vietnam $89.5M
China $84.7M
In 2022, Russia's main importing competitors in Spice Seeds were:

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Trade Value of Spice Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.04M
TOP IMPORT POTENTIALIndia+ $1.56M

Spice Seeds’s highest export potential is Germany. With an export gap of $1.04M.   Spice Seeds’s highest import potential is India with an import gap of $1.56M.

See methodology.

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