2023
Exports
$47.6MWorld Rnk 26 / 187
Flag Rnk 251 / 1200
2023
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils
-1.06Rnk 848 / 1025
2023
Imports
$58.3MWorld Rnk 25 / 223
Flag Rnk 441 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $47.6M in Other Pure Vegetable Oils, making it the 26th largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 251st most exported product in Russia. The main destination of Other Pure Vegetable Oils exports from Russia are: Norway ($16.1M), China ($12.1M), Azerbaijan ($10.5M), Kazakhstan ($3.94M), and Belgium ($1.86M).

The fastest growing export markets for Other Pure Vegetable Oils of Russia between 2022 and 2023 were Azerbaijan ($4.67M), Kazakhstan ($2.79M), and Saudi Arabia ($488k).

Imports In 2023, Russia imported $58.3M in Other Pure Vegetable Oils, becoming the 25th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 441st most imported product in Russia. Russia imports Other Pure Vegetable Oils primarily from: India ($33M), Netherlands ($10.7M), Lithuania ($2.27M), Spain ($2.21M), and China ($2.15M).

The fastest growing import markets in Other Pure Vegetable Oils for Russia between 2022 and 2023 were India ($13.1M), Netherlands ($10.7M), and Lithuania ($1.11M).

Latest Trends

Dec 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 Pure Vegetable Oils. 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)$47.6M
IMPORTS (2023)$58.3M
NET TRADE (2023)-$10.7M

In 2023, Russia exported $47.6M in Other Pure Vegetable Oils. The main destinations of Russia exports on Other Pure Vegetable Oils were Norway ($16.1M), China ($12.1M), Azerbaijan ($10.5M), Kazakhstan ($3.94M), and Belgium ($1.86M).

In 2023, Russia imported $58.3M in Other Pure Vegetable Oils, mainly from India ($33M), Netherlands ($10.7M), Lithuania ($2.27M), Spain ($2.21M), and China ($2.15M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Azerbaijan$4.67M (80%)
Kazakhstan$2.79M (242%)
Saudi Arabia$488k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Russia WERE (2022 - 2023):
China-$12.3M (-50.3%)
Norway-$5.75M (-26.4%)
Belgium-$5.22M (-73.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Other Pure Vegetable Oils were:
In 2023, Russia's main importing competitors in Other Pure Vegetable Oils were:

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.61M
TOP IMPORT POTENTIALIndia+ $6.87M

Other Pure Vegetable Oils’s highest export potential is China. With an export gap of $9.61M.   Other Pure Vegetable Oils’s highest import potential is India with an import gap of $6.87M.

See methodology.

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