2022
Exports
$6.37MWorld Rnk 23 / 109
Flag Rnk 623 / 1200
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025
2022
Imports
$1.63MWorld Rnk 38 / 137
Flag Rnk 1006 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $6.37M in Wool, making it the 23rd largest exporter of Wool in the world. At the same year, Wool was the 623rd most exported product in Russia. The main destination of Wool exports from Russia are: China ($3.62M), India ($2.48M), Uruguay ($148k), Bulgaria ($65.5k), and Germany ($31k).

The fastest growing export markets for Wool of Russia between 2021 and 2022 were China ($84.1k) and Kyrgyzstan ($9.45k).

Imports In 2022, Russia imported $1.63M in Wool, becoming the 38th largest importer of Wool in the world. At the same year, Wool was the 1006th most imported product in Russia. Russia imports Wool primarily from: Uzbekistan ($813k), Germany ($284k), Greece ($265k), Kazakhstan ($141k), and Armenia ($60.3k).

The fastest growing import markets in Wool for Russia between 2021 and 2022 were Uzbekistan ($242k), Germany ($157k), and Armenia ($60.3k).

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 Wool. 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)$6.37M
IMPORTS (2022)$1.63M
NET TRADE (2022)$4.74M

In 2022, Russia exported $6.37M in Wool. The main destinations of Russia exports on Wool were China ($3.62M), India ($2.48M), Uruguay ($148k), Bulgaria ($65.5k), and Germany ($31k).

In 2022, Russia imported $1.63M in Wool, mainly from Uzbekistan ($813k), Germany ($284k), Greece ($265k), Kazakhstan ($141k), and Armenia ($60.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Russia WERE (2021 - 2022):
China$84.1k (2.38%)
Kyrgyzstan$9.45k (89.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Russia WERE (2021 - 2022):
Belarus-$3.21M (-100%)
Bulgaria-$767k (-92.1%)
India-$675k (-21.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Wool were:
In 2022, Russia's main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.4M
TOP IMPORT POTENTIALTurkey+ $39.9k

Wool’s highest export potential is China. With an export gap of $3.4M.   Wool’s highest import potential is Turkey with an import gap of $39.9k.

See methodology.

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