2022
PRODUCT COMPLEXITY IN Packing Bags
-1.76Rnk 978 / 1025
2022
Imports
falseWorld Rnk 15 / 223
Flag Rnk 304 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported N/A in Packing Bags, making it the 15th largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 294th most exported product in Russia. The main destination of Packing Bags exports from Russia are: Kazakhstan ($21.4M), Estonia ($16.4M), France ($2.79M), Finland ($2.56M), and Norway ($1.71M).

The fastest growing export markets for Packing Bags of Russia between 2021 and 2022 were Estonia ($15.7M), Kazakhstan ($8.92M), and Latvia ($468k).

Imports In 2022, Russia imported $129M in Packing Bags, becoming the 15th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 304th most imported product in Russia. Russia imports Packing Bags primarily from: China ($70.8M), Azerbaijan ($16.1M), Uzbekistan ($10.8M), Kazakhstan ($8.6M), and Vietnam ($7.38M).

The fastest growing import markets in Packing Bags for Russia between 2021 and 2022 were China ($9.52M), Azerbaijan ($6.02M), and Uzbekistan ($4.64M).

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 Packing Bags. 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
IMPORTS (2022)$129M

In N/A, Russia exported N/A in Packing Bags. The main destinations of Russia exports on Packing Bags were Kazakhstan ($21.4M), Estonia ($16.4M), France ($2.79M), Finland ($2.56M), and Norway ($1.71M).

In 2022, Russia imported $129M in Packing Bags, mainly from China ($70.8M), Azerbaijan ($16.1M), Uzbekistan ($10.8M), Kazakhstan ($8.6M), and Vietnam ($7.38M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Estonia$15.7M (2.24k%)
Kazakhstan$8.92M (71.5%)
Latvia$468k (221%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Russia WERE (2021 - 2022):
France-$6.77M (-70.8%)
Belarus-$4.94M (-100%)
Sweden-$3.92M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Packing Bags were:
China $1.74B
India $1.39B
In 2022, Russia's main importing competitors in Packing Bags were:

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Trade Value of Packing Bags by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $1.46M
TOP IMPORT POTENTIALChina+ $15.9M

Packing Bags’s highest export potential is France. With an export gap of $1.46M.   Packing Bags’s highest import potential is China with an import gap of $15.9M.

See methodology.

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