2023
Exports
$15.5MWorld Rnk 47 / 186
Flag Rnk 443 / 1200
2023
PRODUCT COMPLEXITY IN Electric Generating Sets
0.35Rnk 440 / 1025
2023
Imports
$555MWorld Rnk 14 / 223
Flag Rnk 90 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $15.5M in Electric Generating Sets, making it the 47th largest exporter of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 443rd most exported product in Russia. The main destination of Electric Generating Sets exports from Russia are: Uzbekistan ($5.82M), Kazakhstan ($4.71M), Turkey ($4.51M), Armenia ($157k), and United Arab Emirates ($120k).

The fastest growing export markets for Electric Generating Sets of Russia between 2022 and 2023 were Uzbekistan ($2.38M), Kazakhstan ($654k), and United Arab Emirates ($117k).

Imports In 2023, Russia imported $555M in Electric Generating Sets, becoming the 14th largest importer of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 90th most imported product in Russia. Russia imports Electric Generating Sets primarily from: China ($484M), Turkey ($44.2M), India ($9.32M), Kazakhstan ($7.03M), and United Arab Emirates ($3.39M).

The fastest growing import markets in Electric Generating Sets for Russia between 2022 and 2023 were China ($52.7M), Kazakhstan ($5.37M), and India ($3.94M).

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 Electric Generating Sets. 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)$15.5M
IMPORTS (2023)$555M
NET TRADE (2023)-$539M

In 2023, Russia exported $15.5M in Electric Generating Sets. The main destinations of Russia exports on Electric Generating Sets were Uzbekistan ($5.82M), Kazakhstan ($4.71M), Turkey ($4.51M), Armenia ($157k), and United Arab Emirates ($120k).

In 2023, Russia imported $555M in Electric Generating Sets, mainly from China ($484M), Turkey ($44.2M), India ($9.32M), Kazakhstan ($7.03M), and United Arab Emirates ($3.39M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Generating Sets EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Uzbekistan$2.38M (69.2%)
Kazakhstan$654k (16.1%)
United Arab Emirates$117k (3.74k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Generating Sets BY Russia WERE (2022 - 2023):
Turkey-$6.25M (-58.1%)
Kyrgyzstan-$2.07M (-100%)
Poland-$971k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Electric Generating Sets were:
In 2023, Russia's main importing competitors in Electric Generating Sets were:

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Trade Value of Electric Generating Sets by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALPoland+ $1.28M
TOP IMPORT POTENTIALChina+ $104M

Electric Generating Sets’s highest export potential is Poland. With an export gap of $1.28M.   Electric Generating Sets’s highest import potential is China with an import gap of $104M.

See methodology.

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