2022
Exports
$2.37MWorld Rnk 39 / 203
Flag Rnk 765 / 1200
2022
PRODUCT COMPLEXITY IN Hand Tools
0.83Rnk 235 / 1025
2022
Imports
$56MWorld Rnk 13 / 220
Flag Rnk 473 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $2.37M in Hand Tools, making it the 39th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 765th most exported product in Russia. The main destination of Hand Tools exports from Russia are: Kazakhstan ($1.98M), Poland ($65.5k), Kyrgyzstan ($59k), Armenia ($43.7k), and Uzbekistan ($39.2k).

The fastest growing export markets for Hand Tools of Russia between 2021 and 2022 were Poland ($46.2k), Kyrgyzstan ($16k), and Serbia ($8.7k).

Imports In 2022, Russia imported $56M in Hand Tools, becoming the 13th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 473rd most imported product in Russia. Russia imports Hand Tools primarily from: China ($38.5M), Chinese Taipei ($6.79M), Germany ($3.21M), India ($1.7M), and Turkey ($1.01M).

The fastest growing import markets in Hand Tools for Russia between 2021 and 2022 were China ($3.72M), Chinese Taipei ($1.07M), and Turkey ($648k).

Latest Trends

Aug 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 Hand Tools. 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)$2.37M
IMPORTS (2022)$56M
NET TRADE (2022)-$53.7M

In 2022, Russia exported $2.37M in Hand Tools. The main destinations of Russia exports on Hand Tools were Kazakhstan ($1.98M), Poland ($65.5k), Kyrgyzstan ($59k), Armenia ($43.7k), and Uzbekistan ($39.2k).

In 2022, Russia imported $56M in Hand Tools, mainly from China ($38.5M), Chinese Taipei ($6.79M), Germany ($3.21M), India ($1.7M), and Turkey ($1.01M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Poland$46.2k (240%)
Kyrgyzstan$16k (37.2%)
Serbia$8.7k (241%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Russia WERE (2021 - 2022):
Belarus-$2.03M (-100%)
Ukraine-$420k (-98.4%)
Vietnam-$176k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Hand Tools were:
In 2022, Russia's main importing competitors in Hand Tools were:

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Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $111k
TOP IMPORT POTENTIALChina+ $9.07M

Hand Tools’s highest export potential is Poland. With an export gap of $111k.   Hand Tools’s highest import potential is China with an import gap of $9.07M.

See methodology.

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