2023
Exports
$23MWorld Rnk 31 / 155
Flag Rnk 378 / 1200
2023
PRODUCT COMPLEXITY IN Other Vegetable Oils
-1.29Rnk 898 / 1025
2023
Imports
$41.2MWorld Rnk 31 / 217
Flag Rnk 508 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $23M in Other Vegetable Oils, making it the 31st largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 378th most exported product in Russia. The main destination of Other Vegetable Oils exports from Russia are: Uzbekistan ($17.1M), Kazakhstan ($3.72M), Azerbaijan ($1.43M), Moldova ($464k), and Kyrgyzstan ($127k).

The fastest growing export markets for Other Vegetable Oils of Russia between 2022 and 2023 were Georgia ($34.9k), Sri Lanka ($8.25k), and Kuwait ($5.42k).

Imports In 2023, Russia imported $41.2M in Other Vegetable Oils, becoming the 31st largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 508th most imported product in Russia. Russia imports Other Vegetable Oils primarily from: Malaysia ($22.6M), Indonesia ($4.65M), Netherlands ($3.99M), Turkey ($3.91M), and Poland ($2.57M).

The fastest growing import markets in Other Vegetable Oils for Russia between 2022 and 2023 were Malaysia ($7.96M), Poland ($1.53M), and Estonia ($152k).

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 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)$23M
IMPORTS (2023)$41.2M
NET TRADE (2023)-$18.3M

In 2023, Russia exported $23M in Other Vegetable Oils. The main destinations of Russia exports on Other Vegetable Oils were Uzbekistan ($17.1M), Kazakhstan ($3.72M), Azerbaijan ($1.43M), Moldova ($464k), and Kyrgyzstan ($127k).

In 2023, Russia imported $41.2M in Other Vegetable Oils, mainly from Malaysia ($22.6M), Indonesia ($4.65M), Netherlands ($3.99M), Turkey ($3.91M), and Poland ($2.57M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Georgia$34.9k (152%)
Sri Lanka$8.25k (1%)
Kuwait$5.42k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Russia WERE (2022 - 2023):
Uzbekistan-$45.4M (-72.6%)
Tajikistan-$1.58M (-100%)
Azerbaijan-$1.07M (-42.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSweden+ $78k
TOP IMPORT POTENTIALIndonesia+ $7.27M

Other Vegetable Oils’s highest export potential is Sweden. With an export gap of $78k.   Other Vegetable Oils’s highest import potential is Indonesia with an import gap of $7.27M.

See methodology.

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