2022
Exports
$3.83BWorld Rnk 43 / 226
Flag Rnk 15 / 96
2022
PRODUCT COMPLEXITY IN Machinery, mechanical appliances, & parts
2.21Rnk 2 / 1025
2022
Imports
$35BWorld Rnk 19 / 226
Flag Rnk 1 / 96
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $3.83B in Machinery, mechanical appliances, & parts, making it the 43rd largest exporter of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 15th most exported product in Russia. The main destination of Machinery, mechanical appliances, & parts exports from Russia are: Kazakhstan ($1.46B), Uzbekistan ($363M), Turkey ($217M), China ($185M), and India ($164M).

The fastest growing export markets for Machinery, mechanical appliances, & parts of Russia between 2021 and 2022 were Hungary ($34.8M), Romania ($27.4M), and Brazil ($9.5M).

Imports In 2022, Russia imported $35B in Machinery, mechanical appliances, & parts, becoming the 19th largest importer of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 1st most imported product in Russia. Russia imports Machinery, mechanical appliances, & parts primarily from: China ($16.7B), Germany ($3.05B), Italy ($1.93B), Turkey ($1.65B), and South Korea ($1.15B).

The fastest growing import markets in Machinery, mechanical appliances, & parts for Russia between 2021 and 2022 were China ($794M), Kazakhstan ($763M), and Turkey ($762M).

COMPANIES In 2021, leading companies such as ZF Friedrichshafen (50) and CNH Industrial (3) were at the forefront of shipping Machinery, mechanical appliances, & parts from Russia to the United States.

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 Machinery, mechanical appliances, & 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)$3.83B
IMPORTS (2022)$35B
NET TRADE (2022)-$31.1B

In 2022, Russia exported $3.83B in Machinery, mechanical appliances, & parts. The main destinations of Russia exports on Machinery, mechanical appliances, & parts were Kazakhstan ($1.46B), Uzbekistan ($363M), Turkey ($217M), China ($185M), and India ($164M).

In 2022, Russia imported $35B in Machinery, mechanical appliances, & parts, mainly from China ($16.7B), Germany ($3.05B), Italy ($1.93B), Turkey ($1.65B), and South Korea ($1.15B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery, mechanical appliances, & parts EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Hungary$34.8M (51.8%)
Romania$27.4M (80.3%)
Brazil$9.5M (57.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery, mechanical appliances, & parts BY Russia WERE (2021 - 2022):
China-$1.71B (-90.2%)
Belarus-$1.21B (-100%)
Bangladesh-$614M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Machinery, mechanical appliances, & parts were:
In 2022, Russia's main importing competitors in Machinery, mechanical appliances, & parts were:

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Trade Value of Machinery, mechanical appliances, & parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $168M
TOP IMPORT POTENTIALChina+ $6.6B

Machinery, mechanical appliances, & parts’s highest export potential is China. With an export gap of $168M.   Machinery, mechanical appliances, & parts’s highest import potential is China with an import gap of $6.6B.

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