2022
Exports
$5.04MWorld Rnk 44 / 182
Flag Rnk 655 / 1200
2022
PRODUCT COMPLEXITY IN Cutting Blades
1.38Rnk 76 / 1025
2022
Imports
$105MWorld Rnk 8 / 219
Flag Rnk 353 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $5.04M in Cutting Blades, making it the 44th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 655th most exported product in Russia. The main destination of Cutting Blades exports from Russia are: Kazakhstan ($3.28M), Germany ($211k), Uzbekistan ($200k), Armenia ($197k), and Sweden ($167k).

The fastest growing export markets for Cutting Blades of Russia between 2021 and 2022 were Sweden ($137k), Kuwait ($103k), and Armenia ($63k).

Imports In 2022, Russia imported $105M in Cutting Blades, becoming the 8th largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 353rd most imported product in Russia. Russia imports Cutting Blades primarily from: China ($67.2M), Germany ($16.3M), Turkey ($3.29M), Czechia ($3.11M), and Switzerland ($2.04M).

The fastest growing import markets in Cutting Blades for Russia between 2021 and 2022 were China ($46M), Turkey ($2.7M), and Kazakhstan ($1.27M).

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 Cutting Blades. 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)$5.04M
IMPORTS (2022)$105M
NET TRADE (2022)-$100M

In 2022, Russia exported $5.04M in Cutting Blades. The main destinations of Russia exports on Cutting Blades were Kazakhstan ($3.28M), Germany ($211k), Uzbekistan ($200k), Armenia ($197k), and Sweden ($167k).

In 2022, Russia imported $105M in Cutting Blades, mainly from China ($67.2M), Germany ($16.3M), Turkey ($3.29M), Czechia ($3.11M), and Switzerland ($2.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Sweden$137k (448%)
Kuwait$103k (1%)
Armenia$63k (47.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY Russia WERE (2021 - 2022):
Belarus-$3.79M (-100%)
Ukraine-$751k (-91.1%)
Kazakhstan-$74.3k (-2.21%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $291k
TOP IMPORT POTENTIALChina+ $6.71M

Cutting Blades’s highest export potential is Germany. With an export gap of $291k.   Cutting Blades’s highest import potential is China with an import gap of $6.71M.

See methodology.

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