2022
Exports
$470kWorld Rnk 61 / 160
Flag Rnk 979 / 1200
2022
PRODUCT COMPLEXITY IN Knitting Machine Accessories
1.56Rnk 40 / 1025
2022
Imports
$19.8MWorld Rnk 38 / 202
Flag Rnk 657 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $470k in Knitting Machine Accessories, making it the 61st largest exporter of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 979th most exported product in Russia. The main destination of Knitting Machine Accessories exports from Russia are: Slovakia ($186k), Kazakhstan ($126k), India ($31.5k), Kyrgyzstan ($28.8k), and Belgium ($21.1k).

The fastest growing export markets for Knitting Machine Accessories of Russia between 2021 and 2022 were Slovakia ($186k), Kyrgyzstan ($27.4k), and China ($9.43k).

Imports In 2022, Russia imported $19.8M in Knitting Machine Accessories, becoming the 38th largest importer of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 657th most imported product in Russia. Russia imports Knitting Machine Accessories primarily from: China ($7.43M), Turkey ($3.29M), Germany ($2.01M), Austria ($1.39M), and India ($1.08M).

The fastest growing import markets in Knitting Machine Accessories for Russia between 2021 and 2022 were China ($3.61M), Turkey ($2.45M), and Uzbekistan ($668k).

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 Knitting Machine Accessories. 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)$470k
IMPORTS (2022)$19.8M
NET TRADE (2022)-$19.3M

In 2022, Russia exported $470k in Knitting Machine Accessories. The main destinations of Russia exports on Knitting Machine Accessories were Slovakia ($186k), Kazakhstan ($126k), India ($31.5k), Kyrgyzstan ($28.8k), and Belgium ($21.1k).

In 2022, Russia imported $19.8M in Knitting Machine Accessories, mainly from China ($7.43M), Turkey ($3.29M), Germany ($2.01M), Austria ($1.39M), and India ($1.08M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitting Machine Accessories EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Slovakia$186k (1%)
Kyrgyzstan$27.4k (1.95k%)
China$9.43k (257%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machine Accessories BY Russia WERE (2021 - 2022):
Belarus-$630k (-100%)
Moldova-$210k (-100%)
India-$146k (-82.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Knitting Machine Accessories were:
In 2022, Russia's main importing competitors in Knitting Machine Accessories were:

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Trade Value of Knitting Machine Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $74.5k
TOP IMPORT POTENTIALChina+ $5.69M

Knitting Machine Accessories’s highest export potential is India. With an export gap of $74.5k.   Knitting Machine Accessories’s highest import potential is China with an import gap of $5.69M.

See methodology.

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