2022
Exports
$76.7MWorld Rnk 45 / 214
Flag Rnk 230 / 1200
2022
PRODUCT COMPLEXITY IN Jewellery
-0.41Rnk 675 / 1025
2022
Imports
$122MWorld Rnk 56 / 219
Flag Rnk 320 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $76.7M in Jewellery, making it the 45th largest exporter of Jewellery in the world. At the same year, Jewellery was the 230th most exported product in Russia. The main destination of Jewellery exports from Russia are: Kazakhstan ($47.7M), Moldova ($11.2M), Armenia ($4.06M), United Arab Emirates ($2.83M), and Hong Kong ($2.26M).

The fastest growing export markets for Jewellery of Russia between 2021 and 2022 were Armenia ($3.01M), United Arab Emirates ($2.68M), and China ($1.39M).

Imports In 2022, Russia imported $122M in Jewellery, becoming the 56th largest importer of Jewellery in the world. At the same year, Jewellery was the 320th most imported product in Russia. Russia imports Jewellery primarily from: Turkey ($29.4M), Switzerland ($19.6M), Armenia ($15.8M), United Arab Emirates ($9.59M), and Hong Kong ($7.73M).

The fastest growing import markets in Jewellery for Russia between 2021 and 2022 were Armenia ($14.9M), United Arab Emirates ($6.45M), and Hong Kong ($5.64M).

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 Jewellery. 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)$76.7M
IMPORTS (2022)$122M
NET TRADE (2022)-$45M

In 2022, Russia exported $76.7M in Jewellery. The main destinations of Russia exports on Jewellery were Kazakhstan ($47.7M), Moldova ($11.2M), Armenia ($4.06M), United Arab Emirates ($2.83M), and Hong Kong ($2.26M).

In 2022, Russia imported $122M in Jewellery, mainly from Turkey ($29.4M), Switzerland ($19.6M), Armenia ($15.8M), United Arab Emirates ($9.59M), and Hong Kong ($7.73M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Armenia$3.01M (288%)
United Arab Emirates$2.68M (1.71k%)
China$1.39M (664%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY Russia WERE (2021 - 2022):
Belarus-$32.8M (-100%)
Kazakhstan-$18.4M (-27.8%)
Moldova-$3.42M (-23.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Jewellery were:
China $13.9B
India $12.6B
In 2022, Russia's main importing competitors in Jewellery were:

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Trade Value of Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.6M
TOP IMPORT POTENTIALTurkey+ $17.6M

Jewellery’s highest export potential is China. With an export gap of $4.6M.   Jewellery’s highest import potential is Turkey with an import gap of $17.6M.

See methodology.

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