2022
Exports
$173MWorld Rnk 40 / 216
Flag Rnk 138 / 1200
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$941MWorld Rnk 23 / 222
Flag Rnk 38 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $173M in Industrial Fatty Acids, Oils and Alcohols, making it the 40th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 138th most exported product in Russia. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Russia are: Kazakhstan ($43.3M), Uzbekistan ($16.8M), Turkey ($14.3M), United Kingdom ($10.7M), and Egypt ($8.72M).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Russia between 2021 and 2022 were United Kingdom ($10.7M), Turkey ($7.33M), and Chinese Taipei ($5.98M).

Imports In 2022, Russia imported $941M in Industrial Fatty Acids, Oils and Alcohols, becoming the 23rd largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 38th most imported product in Russia. Russia imports Industrial Fatty Acids, Oils and Alcohols primarily from: China ($589M), Germany ($56.5M), Turkey ($46.4M), France ($37.7M), and South Korea ($28.3M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Russia between 2021 and 2022 were China ($448M), Turkey ($30M), and Kazakhstan ($17M).

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 Industrial Fatty Acids, Oils and Alcohols. 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)$173M
IMPORTS (2022)$941M
NET TRADE (2022)-$768M

In 2022, Russia exported $173M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Russia exports on Industrial Fatty Acids, Oils and Alcohols were Kazakhstan ($43.3M), Uzbekistan ($16.8M), Turkey ($14.3M), United Kingdom ($10.7M), and Egypt ($8.72M).

In 2022, Russia imported $941M in Industrial Fatty Acids, Oils and Alcohols, mainly from China ($589M), Germany ($56.5M), Turkey ($46.4M), France ($37.7M), and South Korea ($28.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Russia WERE (2021 - 2022):
United Kingdom$10.7M (35.5k%)
Turkey$7.33M (106%)
Chinese Taipei$5.98M (4.29k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Russia WERE (2021 - 2022):
Belarus-$32.8M (-100%)
Egypt-$24.8M (-74%)
Ukraine-$12.3M (-91.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Russia's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $2.56M
TOP IMPORT POTENTIALIndonesia+ $19.4M

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is Netherlands. With an export gap of $2.56M.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is Indonesia with an import gap of $19.4M.

See methodology.

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