2022
Exports
$134MWorld Rnk 49 / 223
Flag Rnk 171 / 1200
2022
PRODUCT COMPLEXITY IN Electrical Transformers
0.65Rnk 294 / 1025
2022
Imports
$978MWorld Rnk 32 / 225
Flag Rnk 31 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $134M in Electrical Transformers, making it the 49th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 171st most exported product in Russia. The main destination of Electrical Transformers exports from Russia are: Kazakhstan ($33.8M), Turkey ($19.5M), Germany ($18.2M), Uzbekistan ($16.7M), and Tajikistan ($9.57M).

The fastest growing export markets for Electrical Transformers of Russia between 2021 and 2022 were Turkey ($18.4M), Tajikistan ($8.67M), and Mongolia ($4.42M).

Imports In 2022, Russia imported $978M in Electrical Transformers, becoming the 32nd largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 31st most imported product in Russia. Russia imports Electrical Transformers primarily from: China ($634M), Kazakhstan ($58M), Germany ($44.1M), Uzbekistan ($24.7M), and Turkey ($23.4M).

The fastest growing import markets in Electrical Transformers for Russia between 2021 and 2022 were China ($61.6M), Kazakhstan ($21.6M), and Turkey ($17.3M).

Latest Trends

Oct 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 Electrical Transformers. 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)$134M
IMPORTS (2022)$978M
NET TRADE (2022)-$843M

In 2022, Russia exported $134M in Electrical Transformers. The main destinations of Russia exports on Electrical Transformers were Kazakhstan ($33.8M), Turkey ($19.5M), Germany ($18.2M), Uzbekistan ($16.7M), and Tajikistan ($9.57M).

In 2022, Russia imported $978M in Electrical Transformers, mainly from China ($634M), Kazakhstan ($58M), Germany ($44.1M), Uzbekistan ($24.7M), and Turkey ($23.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Turkey$18.4M (1.66k%)
Tajikistan$8.67M (969%)
Mongolia$4.42M (775%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY Russia WERE (2021 - 2022):
Bangladesh-$38.9M (-100%)
Belarus-$35.2M (-100%)
India-$17.1M (-95.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Electrical Transformers were:
In 2022, Russia's main importing competitors in Electrical Transformers were:

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Trade Value of Electrical Transformers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $13.5M
TOP IMPORT POTENTIALChina+ $384M

Electrical Transformers’s highest export potential is Germany. With an export gap of $13.5M.   Electrical Transformers’s highest import potential is China with an import gap of $384M.

See methodology.

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