2022
Exports
$58.9MWorld Rnk 28 / 152
Flag Rnk 267 / 1200
2022
PRODUCT COMPLEXITY IN Buses
0.074Rnk 528 / 1025
2022
Imports
$192MWorld Rnk 25 / 217
Flag Rnk 226 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $58.9M in Buses, making it the 28th largest exporter of Buses in the world. At the same year, Buses was the 267th most exported product in Russia. The main destination of Buses exports from Russia are: Vietnam ($40.2M), Armenia ($4.68M), China ($3.54M), Uzbekistan ($2.89M), and Kazakhstan ($2.75M).

The fastest growing export markets for Buses of Russia between 2021 and 2022 were Vietnam ($37M), China ($3.54M), and Turkey ($878k).

Imports In 2022, Russia imported $192M in Buses, becoming the 25th largest importer of Buses in the world. At the same year, Buses was the 226th most imported product in Russia. Russia imports Buses primarily from: China ($151M), South Korea ($33.4M), Kazakhstan ($3.37M), Japan ($1.84M), and Estonia ($1.11M).

The fastest growing import markets in Buses for Russia between 2021 and 2022 were China ($96.7M), South Korea ($8.4M), and Kazakhstan ($3.37M).

Latest Trends

Oct 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 Buses. 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)$58.9M
IMPORTS (2022)$192M
NET TRADE (2022)-$133M

In 2022, Russia exported $58.9M in Buses. The main destinations of Russia exports on Buses were Vietnam ($40.2M), Armenia ($4.68M), China ($3.54M), Uzbekistan ($2.89M), and Kazakhstan ($2.75M).

In 2022, Russia imported $192M in Buses, mainly from China ($151M), South Korea ($33.4M), Kazakhstan ($3.37M), Japan ($1.84M), and Estonia ($1.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Vietnam$37M (1.15k%)
China$3.54M (1%)
Turkey$878k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Russia WERE (2021 - 2022):
Nicaragua-$17.1M (-100%)
Belarus-$13.4M (-100%)
Kazakhstan-$12.8M (-82.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Buses were:
China $2.64B
Japan $1.95B
Turkey $1.52B
In 2022, Russia's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.1M
TOP IMPORT POTENTIALChina+ $25M

Buses’s highest export potential is China. With an export gap of $3.1M.   Buses’s highest import potential is China with an import gap of $25M.

See methodology.

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