2023
Exports
$4.09MWorld Rnk 47 / 170
Flag Rnk 644 / 1200
2023
PRODUCT COMPLEXITY IN Metal Insulating Fittings
1.16Rnk 121 / 1025
2023
Imports
$42.3MWorld Rnk 39 / 215
Flag Rnk 501 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $4.09M in Metal Insulating Fittings, making it the 47th largest exporter of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 644th most exported product in Russia. The main destination of Metal Insulating Fittings exports from Russia are: Kazakhstan ($2.25M), Uzbekistan ($374k), India ($280k), Azerbaijan ($271k), and Armenia ($235k).

The fastest growing export markets for Metal Insulating Fittings of Russia between 2022 and 2023 were India ($280k), Azerbaijan ($243k), and Armenia ($158k).

Imports In 2023, Russia imported $42.3M in Metal Insulating Fittings, becoming the 39th largest importer of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 501st most imported product in Russia. Russia imports Metal Insulating Fittings primarily from: China ($33.8M), Kazakhstan ($4.95M), Turkey ($2.33M), Italy ($539k), and Serbia ($167k).

The fastest growing import markets in Metal Insulating Fittings for Russia between 2022 and 2023 were China ($11.8M), Kazakhstan ($3.74M), and Uzbekistan ($73.7k).

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 Metal Insulating Fittings. 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)$4.09M
IMPORTS (2023)$42.3M
NET TRADE (2023)-$38.2M

In 2023, Russia exported $4.09M in Metal Insulating Fittings. The main destinations of Russia exports on Metal Insulating Fittings were Kazakhstan ($2.25M), Uzbekistan ($374k), India ($280k), Azerbaijan ($271k), and Armenia ($235k).

In 2023, Russia imported $42.3M in Metal Insulating Fittings, mainly from China ($33.8M), Kazakhstan ($4.95M), Turkey ($2.33M), Italy ($539k), and Serbia ($167k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metal Insulating Fittings EXPORT MARKETS FOR Russia WERE (2022 - 2023):
India$280k (1%)
Azerbaijan$243k (874%)
Armenia$158k (207%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Insulating Fittings BY Russia WERE (2022 - 2023):
Kazakhstan-$492k (-17.9%)
Nigeria-$244k (-100%)
Mongolia-$106k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Metal Insulating Fittings were:
Germany $1.22B
China $1.06B
Japan $695M
In 2023, Russia's main importing competitors in Metal Insulating Fittings were:

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Trade Value of Metal Insulating Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $193k
TOP IMPORT POTENTIALChina+ $8.87M

Metal Insulating Fittings’s highest export potential is China. With an export gap of $193k.   Metal Insulating Fittings’s highest import potential is China with an import gap of $8.87M.

See methodology.

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