2022
Exports
$41.8MWorld Rnk 16 / 116
Flag Rnk 319 / 1200
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate
-0.46Rnk 685 / 1025
2022
Imports
$51.4MWorld Rnk 15 / 172
Flag Rnk 490 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $41.8M in Magnesium Carbonate, making it the 16th largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 319th most exported product in Russia. The main destination of Magnesium Carbonate exports from Russia are: Germany ($15.3M), Slovakia ($5.81M), Spain ($4.53M), China ($4.42M), and France ($1.93M).

The fastest growing export markets for Magnesium Carbonate of Russia between 2021 and 2022 were Germany ($10.7M), Spain ($2.25M), and Italy ($833k).

Imports In 2022, Russia imported $51.4M in Magnesium Carbonate, becoming the 15th largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 490th most imported product in Russia. Russia imports Magnesium Carbonate primarily from: China ($42.5M), Slovakia ($4.44M), Spain ($973k), Israel ($834k), and Poland ($665k).

The fastest growing import markets in Magnesium Carbonate for Russia between 2021 and 2022 were China ($3.91M), South Korea ($67.6k), and Poland ($47.5k).

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 Magnesium Carbonate. 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)$41.8M
IMPORTS (2022)$51.4M
NET TRADE (2022)-$9.59M

In 2022, Russia exported $41.8M in Magnesium Carbonate. The main destinations of Russia exports on Magnesium Carbonate were Germany ($15.3M), Slovakia ($5.81M), Spain ($4.53M), China ($4.42M), and France ($1.93M).

In 2022, Russia imported $51.4M in Magnesium Carbonate, mainly from China ($42.5M), Slovakia ($4.44M), Spain ($973k), Israel ($834k), and Poland ($665k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Germany$10.7M (230%)
Spain$2.25M (98.2%)
Italy$833k (230%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY Russia WERE (2021 - 2022):
China-$6.9M (-61%)
Belarus-$4.11M (-100%)
Ukraine-$2.74M (-77.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $2.12M
TOP IMPORT POTENTIALChina+ $10.5M

Magnesium Carbonate’s highest export potential is China. With an export gap of $2.12M.   Magnesium Carbonate’s highest import potential is China with an import gap of $10.5M.

See methodology.

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