2023
Exports
$13.3MWorld Rnk 15 / 116
Flag Rnk 470 / 1200
falsefalse China
2023
PRODUCT COMPLEXITY IN Peat
0.017Rnk 552 / 1025
2023
Imports
$26.6kWorld Rnk 158 / 198
Flag Rnk 1152 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $13.3M in Peat, making it the 15th largest exporter of Peat in the world. At the same year, Peat was the 470th most exported product in Russia. The main destination of Peat exports from Russia are: China ($8.01M), Kazakhstan ($2.76M), Japan ($1.39M), Uzbekistan ($740k), and Kyrgyzstan ($210k).

The fastest growing export markets for Peat of Russia between 2022 and 2023 were Armenia ($21.9k) and Georgia ($20.6k).

Imports In 2023, Russia imported $26.6k in Peat, becoming the 158th largest importer of Peat in the world. At the same year, Peat was the 1152nd most imported product in Russia. Russia imports Peat primarily from: Lithuania ($17.4k), Netherlands ($7.98k), and Armenia ($1.3k).

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 Peat. 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)$13.3M
IMPORTS (2023)$26.6k
NET TRADE (2023)$13.3M

In 2023, Russia exported $13.3M in Peat. The main destinations of Russia exports on Peat were China ($8.01M), Kazakhstan ($2.76M), Japan ($1.39M), Uzbekistan ($740k), and Kyrgyzstan ($210k).

In 2023, Russia imported $26.6k in Peat, mainly from Lithuania ($17.4k), Netherlands ($7.98k), and Armenia ($1.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Armenia$21.9k (103%)
Georgia$20.6k (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Russia WERE (2022 - 2023):
China-$9.14M (-53.3%)
Germany-$4.02M (-100%)
United States-$2.61M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Peat were:
In 2023, Russia's main importing competitors in Peat were:

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.24M
TOP IMPORT POTENTIALLithuania+ $191k

Peat’s highest export potential is United States. With an export gap of $2.24M.   Peat’s highest import potential is Lithuania with an import gap of $191k.

See methodology.

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