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Exports In 2022, Russia exported $4.32M in Nitric Acids, making it the 19th largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 675th most exported product in Russia. The main destination of Nitric Acids exports from Russia are: Kazakhstan ($2.78M), Kyrgyzstan ($1.09M), Mongolia ($276k), Azerbaijan ($80.4k), and Estonia ($33.4k).

The fastest growing export markets for Nitric Acids of Russia between 2021 and 2022 were Kyrgyzstan ($639k), Kazakhstan ($135k), and Azerbaijan ($46k).

Imports In 2022, Russia imported $48.2k in Nitric Acids, becoming the 137th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 1166th most imported product in Russia. Russia imports Nitric Acids primarily from: Germany ($15.3k), Turkey ($14.4k), Spain ($4.72k), Poland ($3.89k), and Finland ($3.52k).

The fastest growing import markets in Nitric Acids for Russia between 2021 and 2022 were Turkey ($14.4k), Finland ($3.52k), and Latvia ($630).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Nitric Acids. 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)$4.32M
IMPORTS (2022)$48.2k
NET TRADE (2022)$4.27M

In 2022, Russia exported $4.32M in Nitric Acids. The main destinations of Russia exports on Nitric Acids were Kazakhstan ($2.78M), Kyrgyzstan ($1.09M), Mongolia ($276k), Azerbaijan ($80.4k), and Estonia ($33.4k).

In 2022, Russia imported $48.2k in Nitric Acids, mainly from Germany ($15.3k), Turkey ($14.4k), Spain ($4.72k), Poland ($3.89k), and Finland ($3.52k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Kyrgyzstan$639k (141%)
Kazakhstan$135k (5.11%)
Azerbaijan$46k (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY Russia WERE (2021 - 2022):
Finland-$291k (-100%)
Ukraine-$110k (-100%)
Belarus-$93.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Russia's main exporting competitors in Nitric Acids were:
In 2022, Russia's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALAzerbaijan+ $6.6k
TOP IMPORT POTENTIALGermany+ $18.9k

Nitric Acids’s highest export potential is Azerbaijan. With an export gap of $6.6k.   Nitric Acids’s highest import potential is Germany with an import gap of $18.9k.

See methodology.

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