2022
Exports
$17MWorld Rnk 36 / 218
Flag Rnk 465 / 1200
2022
PRODUCT COMPLEXITY IN Other Hand Tools
1.51Rnk 50 / 1025
2022
Imports
$185MWorld Rnk 13 / 224
Flag Rnk 236 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $17M in Other Hand Tools, making it the 36th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 465th most exported product in Russia. The main destination of Other Hand Tools exports from Russia are: Kazakhstan ($8.61M), India ($5.58M), United States ($294k), Armenia ($231k), and Uzbekistan ($220k).

The fastest growing export markets for Other Hand Tools of Russia between 2021 and 2022 were India ($4.94M), Kuwait ($144k), and Mongolia ($116k).

Imports In 2022, Russia imported $185M in Other Hand Tools, becoming the 13th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 236th most imported product in Russia. Russia imports Other Hand Tools primarily from: China ($131M), Chinese Taipei ($26.9M), Germany ($6.32M), Poland ($3.33M), and India ($1.94M).

The fastest growing import markets in Other Hand Tools for Russia between 2021 and 2022 were Chinese Taipei ($3.06M), Kyrgyzstan ($1.31M), and Turkey ($613k).

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 Other Hand Tools. 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)$17M
IMPORTS (2022)$185M
NET TRADE (2022)-$168M

In 2022, Russia exported $17M in Other Hand Tools. The main destinations of Russia exports on Other Hand Tools were Kazakhstan ($8.61M), India ($5.58M), United States ($294k), Armenia ($231k), and Uzbekistan ($220k).

In 2022, Russia imported $185M in Other Hand Tools, mainly from China ($131M), Chinese Taipei ($26.9M), Germany ($6.32M), Poland ($3.33M), and India ($1.94M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Russia WERE (2021 - 2022):
India$4.94M (779%)
Kuwait$144k (3.66k%)
Mongolia$116k (274%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Russia WERE (2021 - 2022):
Belarus-$6.41M (-100%)
Bangladesh-$6.21M (-100%)
Algeria-$3.25M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Other Hand Tools were:
In 2022, Russia's main importing competitors in Other Hand Tools were:

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $743k
TOP IMPORT POTENTIALChina+ $34.4M

Other Hand Tools’s highest export potential is United States. With an export gap of $743k.   Other Hand Tools’s highest import potential is China with an import gap of $34.4M.

See methodology.

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