2022
Exports
$202MWorld Rnk 15 / 172
Flag Rnk 125 / 1200
2022
PRODUCT COMPLEXITY IN LCDs
1.58Rnk 39 / 1025
2022
Imports
$57.9MWorld Rnk 35 / 211
Flag Rnk 468 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $202M in LCDs, making it the 15th largest exporter of LCDs in the world. At the same year, LCDs was the 125th most exported product in Russia. The main destination of LCDs exports from Russia are: Germany ($106M), China ($60.5M), United States ($18.1M), India ($13.8M), and Italy ($809k).

The fastest growing export markets for LCDs of Russia between 2021 and 2022 were Germany ($22M), Estonia ($181k), and Mongolia ($86.3k).

Imports In 2022, Russia imported $57.9M in LCDs, becoming the 35th largest importer of LCDs in the world. At the same year, LCDs was the 468th most imported product in Russia. Russia imports LCDs primarily from: China ($34.3M), Germany ($9.38M), United States ($3.96M), Kazakhstan ($3.14M), and Chinese Taipei ($1.13M).

The fastest growing import markets in LCDs for Russia between 2021 and 2022 were Kazakhstan ($2.11M), Estonia ($417k), and Turkey ($355k).

Latest Trends

Jul 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 LCDs. 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)$202M
IMPORTS (2022)$57.9M
NET TRADE (2022)$144M

In 2022, Russia exported $202M in LCDs. The main destinations of Russia exports on LCDs were Germany ($106M), China ($60.5M), United States ($18.1M), India ($13.8M), and Italy ($809k).

In 2022, Russia imported $57.9M in LCDs, mainly from China ($34.3M), Germany ($9.38M), United States ($3.96M), Kazakhstan ($3.14M), and Chinese Taipei ($1.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING LCDs EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Germany$22M (26.2%)
Estonia$181k (2.81k%)
Mongolia$86.3k (454%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF LCDs BY Russia WERE (2021 - 2022):
China-$48.9M (-44.7%)
India-$17.4M (-55.8%)
Belarus-$5.13M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of LCDs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $34.6M
TOP IMPORT POTENTIALChina+ $15.7M

LCDs’s highest export potential is China. With an export gap of $34.6M.   LCDs’s highest import potential is China with an import gap of $15.7M.

See methodology.

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