2023
Exports
$70.8MWorld Rnk 56 / 226
Flag Rnk 205 / 1200
2023
PRODUCT COMPLEXITY IN Low-voltage Protection Equipment
0.68Rnk 294 / 1025
2023
Imports
$1.06BWorld Rnk 30 / 226
Flag Rnk 31 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $70.8M in Low-voltage Protection Equipment, making it the 56th largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 205th most exported product in Russia. The main destination of Low-voltage Protection Equipment exports from Russia are: Kazakhstan ($28.8M), China ($15.7M), Uzbekistan ($5.31M), India ($3.98M), and Armenia ($3.22M).

The fastest growing export markets for Low-voltage Protection Equipment of Russia between 2022 and 2023 were India ($1.76M), Azerbaijan ($821k), and Armenia ($487k).

Imports In 2023, Russia imported $1.06B in Low-voltage Protection Equipment, becoming the 30th largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 31st most imported product in Russia. Russia imports Low-voltage Protection Equipment primarily from: China ($780M), Turkey ($101M), Hong Kong ($50.3M), Kazakhstan ($34.3M), and Armenia ($15M).

The fastest growing import markets in Low-voltage Protection Equipment for Russia between 2022 and 2023 were China ($280M), Turkey ($36.8M), and Hong Kong ($35.7M).

Latest Trends

Jan 2025

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 Low-voltage Protection Equipment. 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 (2023)$70.8M
IMPORTS (2023)$1.06B
NET TRADE (2023)-$988M

In 2023, Russia exported $70.8M in Low-voltage Protection Equipment. The main destinations of Russia exports on Low-voltage Protection Equipment were Kazakhstan ($28.8M), China ($15.7M), Uzbekistan ($5.31M), India ($3.98M), and Armenia ($3.22M).

In 2023, Russia imported $1.06B in Low-voltage Protection Equipment, mainly from China ($780M), Turkey ($101M), Hong Kong ($50.3M), Kazakhstan ($34.3M), and Armenia ($15M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Low-voltage Protection Equipment EXPORT MARKETS FOR Russia WERE (2022 - 2023):
India$1.76M (79.2%)
Azerbaijan$821k (79.6%)
Armenia$487k (17.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Low-voltage Protection Equipment BY Russia WERE (2022 - 2023):
Kazakhstan-$6.39M (-18.2%)
China-$4.12M (-20.8%)
Hong Kong-$2.64M (-46%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Low-voltage Protection Equipment were:
In 2023, Russia's main importing competitors in Low-voltage Protection Equipment were:

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Trade Value of Low-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $22.4M
TOP IMPORT POTENTIALChina+ $260M

Low-voltage Protection Equipment’s highest export potential is China. With an export gap of $22.4M.   Low-voltage Protection Equipment’s highest import potential is China with an import gap of $260M.

See methodology.

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