2023
Exports
$400MWorld Rnk 25 / 208
Flag Rnk 66 / 1200
2023
PRODUCT COMPLEXITY IN Baked Goods
-0.25Rnk 632 / 1025
2023
Imports
$313MWorld Rnk 34 / 226
Flag Rnk 157 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $400M in Baked Goods, making it the 25th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 66th most exported product in Russia. The main destination of Baked Goods exports from Russia are: Kazakhstan ($209M), Uzbekistan ($43.1M), Kyrgyzstan ($37.9M), Azerbaijan ($32.1M), and Georgia ($25.1M).

The fastest growing export markets for Baked Goods of Russia between 2022 and 2023 were Kazakhstan ($6.7M), Uzbekistan ($3.92M), and Serbia ($621k).

Imports In 2023, Russia imported $313M in Baked Goods, becoming the 34th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 157th most imported product in Russia. Russia imports Baked Goods primarily from: Poland ($83.7M), Germany ($74.7M), Turkey ($30.7M), Italy ($27.3M), and Lithuania ($15.9M).

The fastest growing import markets in Baked Goods for Russia between 2022 and 2023 were Turkey ($9.23M), China ($8.69M), and Czechia ($5.65M).

Latest Trends

Dec 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 Baked Goods. 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 (2023)$400M
IMPORTS (2023)$313M
NET TRADE (2023)$86.5M

In 2023, Russia exported $400M in Baked Goods. The main destinations of Russia exports on Baked Goods were Kazakhstan ($209M), Uzbekistan ($43.1M), Kyrgyzstan ($37.9M), Azerbaijan ($32.1M), and Georgia ($25.1M).

In 2023, Russia imported $313M in Baked Goods, mainly from Poland ($83.7M), Germany ($74.7M), Turkey ($30.7M), Italy ($27.3M), and Lithuania ($15.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Kazakhstan$6.7M (3.32%)
Uzbekistan$3.92M (10%)
Serbia$621k (68%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY Russia WERE (2022 - 2023):
Mongolia-$29.3M (-100%)
Tajikistan-$27M (-100%)
China-$9.2M (-37.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Baked Goods were:
Germany $5.89B
Canada $5.28B
Italy $4.02B
In 2023, Russia's main importing competitors in Baked Goods were:

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Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $22.6M
TOP IMPORT POTENTIALPoland+ $33.5M

Baked Goods’s highest export potential is China. With an export gap of $22.6M.   Baked Goods’s highest import potential is Poland with an import gap of $33.5M.

See methodology.

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