2022
Exports
$2.53BWorld Rnk 24 / 214
Flag Rnk 19 / 96
2022
PRODUCT COMPLEXITY IN Organic chemicals
1.95Rnk 8 / 1025
2022
Imports
$5.4BWorld Rnk 26 / 225
Flag Rnk 7 / 96
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $2.53B in Organic chemicals, making it the 24th largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 19th most exported product in Russia. The main destination of Organic chemicals exports from Russia are: Poland ($423M), Turkey ($286M), China ($237M), Finland ($221M), and Chinese Taipei ($130M).

The fastest growing export markets for Organic chemicals of Russia between 2021 and 2022 were Poland ($61M), China ($44.4M), and Chinese Taipei ($31.2M).

Imports In 2022, Russia imported $5.4B in Organic chemicals, becoming the 26th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 7th most imported product in Russia. Russia imports Organic chemicals primarily from: China ($3.25B), India ($284M), Switzerland ($266M), Sweden ($249M), and Germany ($213M).

The fastest growing import markets in Organic chemicals for Russia between 2021 and 2022 were China ($1.1B), Sweden ($110M), and Turkey ($61.8M).

Latest Trends

Oct 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 Organic chemicals. 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)$2.53B
IMPORTS (2022)$5.4B
NET TRADE (2022)-$2.87B

In 2022, Russia exported $2.53B in Organic chemicals. The main destinations of Russia exports on Organic chemicals were Poland ($423M), Turkey ($286M), China ($237M), Finland ($221M), and Chinese Taipei ($130M).

In 2022, Russia imported $5.4B in Organic chemicals, mainly from China ($3.25B), India ($284M), Switzerland ($266M), Sweden ($249M), and Germany ($213M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Poland$61M (16.8%)
China$44.4M (23.1%)
Chinese Taipei$31.2M (31.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Russia WERE (2021 - 2022):
Finland-$482M (-68.5%)
Belarus-$343M (-100%)
Netherlands-$282M (-74.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Organic chemicals were:
In 2022, Russia's main importing competitors in Organic chemicals were:

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $239M
TOP IMPORT POTENTIALChina+ $1.01B

Organic chemicals’s highest export potential is China. With an export gap of $239M.   Organic chemicals’s highest import potential is China with an import gap of $1.01B.

See methodology.

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