2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP
$22BCURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP GROWTH
-49.1%CURRENT US$
Rnk 185 / 186
2022
Flag
GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC
$31,618CURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP PC GROWTH
-57.3%CURRENT US$
Rnk 184 / 186

About

Russia-Macau Trade: In 2022, Russia exported $3.01M to Macau. The main products that Russia exported to Macau were Processed Crustaceans ($744k), Pig Meat ($663k), and Crustaceans ($481k). Over the past 5 years the exports of Russia to Macau have increased at an annualized rate of 5.64%, from $2.29M in 2017 to $3.01M in 2022.

In 2020, Russia exported services to Macau worth $3.65M, with Other business services ($3.33M), Transportation ($224k), and Royalties and license fees ($71k) being the largest in terms of value.

Macau-Russia Trade: In 2022, Macau exported $1.16M to Russia. The main products that Macau exported to Russia were N/A. Over the past 5 years the exports of Macau to Russia have decreased at an annualized rate of 22.7%,  from $4.21M in 2017 to $1.16M in 2022.

In 2022, Macau did not export any services to Russia.

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). That same year, Macau ranked 146 in total exports ($1.88B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $3.01M to Macau. The main products exported from Russia to Macau were Processed Crustaceans ($744k), Pig Meat ($663k), and Crustaceans ($481k). During the last 5 years the exports of Russia to Macau have increased at an annualized rate of 5.64%, from $2.29M in 2017 to $3.01M in 2022.

In 2016, Macau exported $1.16M to Russia. There were not main exports from Macau to Russia in 2016. During the last 5 years the exports of Macau to Russia have decreased at an annualized rate of 22.7%, from $4.21M in 2021 to $1.16M in 2016.

Exports from Russia (Flag) to Macau (Flag) (2022)

Exports from Macau (Flag) to Russia (Flag) (2022)

Market Competitiveness

Color
Russia
Top Destination
China$101B
Macau
Top Destination
Hong Kong$1.22B

This map shows whether countries import more from Russia or Macau. Each country is colored based on the difference in imports they receive from Russia and Macau or the difference in the growth in imports.

In 2022, countries that imported more from Russia than Macau included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Macau than Russia included Timor-Leste ($181k), Saudi Arabia ($72.4k), and Uganda ($53.1k).

Difference in imports from Macau (Flag) and Russia (Flag) (2022)

Comparative Advantage Russia - Macau

Flow
Scale

This chart compares trade between Russia and Macau by product, considering products traded by both, Russia and Macau.

During 2022, Russia had a large net trade with Macau in the exports of Animal Products ($1.92M), Foodstuffs ($798k), and Chemical Products ($173k).

During 2016, Macau had a large net trade with Russia in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Russia and Macau. This means that a dot/product with the flag of Russia indicates it has a comparative advantage over Macau. Similarly, a dot/product with the flag of Macau indicates it has a comparative advantage over Russia.

Product Space of Russia (Flag) and Macau (Flag) (2022)

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