2022
Exports
$176MWorld Rnk 16 / 144
Flag Rnk 137 / 1200
2022
PRODUCT COMPLEXITY IN Locomotive Parts
0.82Rnk 237 / 1025
2022
Imports
$226MWorld Rnk 17 / 200
Flag Rnk 199 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $176M in Locomotive Parts, making it the 16th largest exporter of Locomotive Parts in the world. At the same year, Locomotive Parts was the 137th most exported product in Russia. The main destination of Locomotive Parts exports from Russia are: Kazakhstan ($98M), United States ($13.8M), Hungary ($12.8M), Uzbekistan ($6.84M), and Poland ($6.67M).

The fastest growing export markets for Locomotive Parts of Russia between 2021 and 2022 were Uzbekistan ($2.12M), Georgia ($1.69M), and Hungary ($1.6M).

Imports In 2022, Russia imported $226M in Locomotive Parts, becoming the 17th largest importer of Locomotive Parts in the world. At the same year, Locomotive Parts was the 199th most imported product in Russia. Russia imports Locomotive Parts primarily from: Kazakhstan ($132M), China ($60.1M), Germany ($11.4M), Czechia ($5.11M), and Poland ($5M).

The fastest growing import markets in Locomotive Parts for Russia between 2021 and 2022 were Kazakhstan ($29.4M), China ($18.5M), and Turkey ($903k).

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 Locomotive Parts. 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)$176M
IMPORTS (2022)$226M
NET TRADE (2022)-$50.5M

In 2022, Russia exported $176M in Locomotive Parts. The main destinations of Russia exports on Locomotive Parts were Kazakhstan ($98M), United States ($13.8M), Hungary ($12.8M), Uzbekistan ($6.84M), and Poland ($6.67M).

In 2022, Russia imported $226M in Locomotive Parts, mainly from Kazakhstan ($132M), China ($60.1M), Germany ($11.4M), Czechia ($5.11M), and Poland ($5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locomotive Parts EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Uzbekistan$2.12M (45%)
Georgia$1.69M (99.1%)
Hungary$1.6M (14.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locomotive Parts BY Russia WERE (2021 - 2022):
Belarus-$63.9M (-100%)
Kazakhstan-$25.5M (-20.6%)
United States-$13.9M (-50.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Locomotive Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8M
TOP IMPORT POTENTIALChina+ $28.2M

Locomotive Parts’s highest export potential is United States. With an export gap of $8M.   Locomotive Parts’s highest import potential is China with an import gap of $28.2M.

See methodology.

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