2022
Exports
$96.7MWorld Rnk 20 / 141
Flag Rnk 203 / 1200
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils
-0.34Rnk 660 / 1025
2022
Imports
$7.94MWorld Rnk 42 / 186
Flag Rnk 824 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $96.7M in Inedible Fats and Oils, making it the 20th largest exporter of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 203rd most exported product in Russia. The main destination of Inedible Fats and Oils exports from Russia are: Poland ($47.9M), Lithuania ($18.6M), Germany ($15.8M), Netherlands ($4.25M), and Czechia ($2.96M).

The fastest growing export markets for Inedible Fats and Oils of Russia between 2021 and 2022 were Poland ($16.6M), Czechia ($2.59M), and South Korea ($1.89M).

Imports In 2022, Russia imported $7.94M in Inedible Fats and Oils, becoming the 42nd largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 824th most imported product in Russia. Russia imports Inedible Fats and Oils primarily from: China ($3.65M), Germany ($2.77M), Kazakhstan ($697k), Indonesia ($279k), and Turkey ($195k).

The fastest growing import markets in Inedible Fats and Oils for Russia between 2021 and 2022 were China ($2.45M), Kazakhstan ($206k), and Turkey ($190k).

Latest Trends

Nov 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 Inedible Fats and Oils. 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)$96.7M
IMPORTS (2022)$7.94M
NET TRADE (2022)$88.8M

In 2022, Russia exported $96.7M in Inedible Fats and Oils. The main destinations of Russia exports on Inedible Fats and Oils were Poland ($47.9M), Lithuania ($18.6M), Germany ($15.8M), Netherlands ($4.25M), and Czechia ($2.96M).

In 2022, Russia imported $7.94M in Inedible Fats and Oils, mainly from China ($3.65M), Germany ($2.77M), Kazakhstan ($697k), Indonesia ($279k), and Turkey ($195k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inedible Fats and Oils EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Poland$16.6M (53.1%)
Czechia$2.59M (692%)
South Korea$1.89M (1.39k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inedible Fats and Oils BY Russia WERE (2021 - 2022):
Lithuania-$6.57M (-26%)
Germany-$4.56M (-22.4%)
Netherlands-$4.09M (-49.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Inedible Fats and Oils were:
In 2022, Russia's main importing competitors in Inedible Fats and Oils were:

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Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $5.88M
TOP IMPORT POTENTIALChina+ $4.15M

Inedible Fats and Oils’s highest export potential is Germany. With an export gap of $5.88M.   Inedible Fats and Oils’s highest import potential is China with an import gap of $4.15M.

See methodology.

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