2022
Exports
$2.79MWorld Rnk 72 / 194
Flag Rnk 736 / 1200
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$37.2MWorld Rnk 21 / 223
Flag Rnk 540 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $2.79M in Spices, making it the 72nd largest exporter of Spices in the world. At the same year, Spices was the 736th most exported product in Russia. The main destination of Spices exports from Russia are: Kazakhstan ($1.76M), United States ($162k), Indonesia ($94k), Kyrgyzstan ($91.6k), and Georgia ($89.6k).

The fastest growing export markets for Spices of Russia between 2021 and 2022 were Georgia ($79.8k), Austria ($35.4k), and Israel ($32.8k).

Imports In 2022, Russia imported $37.2M in Spices, becoming the 21st largest importer of Spices in the world. At the same year, Spices was the 540th most imported product in Russia. Russia imports Spices primarily from: Austria ($8.66M), India ($6.33M), China ($5.6M), Georgia ($4.57M), and Netherlands ($3.94M).

The fastest growing import markets in Spices for Russia between 2021 and 2022 were Netherlands ($2.59M), Austria ($1.27M), and India ($850k).

Latest Trends

Sep 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 Spices. 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)$2.79M
IMPORTS (2022)$37.2M
NET TRADE (2022)-$34.4M

In 2022, Russia exported $2.79M in Spices. The main destinations of Russia exports on Spices were Kazakhstan ($1.76M), United States ($162k), Indonesia ($94k), Kyrgyzstan ($91.6k), and Georgia ($89.6k).

In 2022, Russia imported $37.2M in Spices, mainly from Austria ($8.66M), India ($6.33M), China ($5.6M), Georgia ($4.57M), and Netherlands ($3.94M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Georgia$79.8k (819%)
Austria$35.4k (126k%)
Israel$32.8k (74.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Russia WERE (2021 - 2022):
Belarus-$2.32M (-100%)
Ukraine-$807k (-100%)
Lithuania-$288k (-96.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $272k
TOP IMPORT POTENTIALChina+ $4.4M

Spices’s highest export potential is United States. With an export gap of $272k.   Spices’s highest import potential is China with an import gap of $4.4M.

See methodology.

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