2022
Exports
$15.4MWorld Rnk 32 / 123
Flag Rnk 487 / 1200
2022
PRODUCT COMPLEXITY IN Petroleum Resins
1.53Rnk 46 / 1025
2022
Imports
$81.9MWorld Rnk 24 / 197
Flag Rnk 394 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $15.4M in Petroleum Resins, making it the 32nd largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 487th most exported product in Russia. The main destination of Petroleum Resins exports from Russia are: Peru ($5.5M), Poland ($2.02M), Germany ($2.01M), Kazakhstan ($1.36M), and Ecuador ($941k).

The fastest growing export markets for Petroleum Resins of Russia between 2021 and 2022 were Germany ($1.38M), Peru ($1.26M), and Spain ($914k).

Imports In 2022, Russia imported $81.9M in Petroleum Resins, becoming the 24th largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 394th most imported product in Russia. Russia imports Petroleum Resins primarily from: China ($27.3M), Germany ($14.3M), Poland ($8.39M), Turkey ($7.83M), and South Korea ($3.92M).

The fastest growing import markets in Petroleum Resins for Russia between 2021 and 2022 were China ($10.8M), Turkey ($6.11M), and Poland ($4.29M).

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 Petroleum Resins. 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)$15.4M
IMPORTS (2022)$81.9M
NET TRADE (2022)-$66.5M

In 2022, Russia exported $15.4M in Petroleum Resins. The main destinations of Russia exports on Petroleum Resins were Peru ($5.5M), Poland ($2.02M), Germany ($2.01M), Kazakhstan ($1.36M), and Ecuador ($941k).

In 2022, Russia imported $81.9M in Petroleum Resins, mainly from China ($27.3M), Germany ($14.3M), Poland ($8.39M), Turkey ($7.83M), and South Korea ($3.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Germany$1.38M (219%)
Peru$1.26M (29.8%)
Spain$914k (3.95k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Russia WERE (2021 - 2022):
Belarus-$2.22M (-100%)
Poland-$1.64M (-44.7%)
Ukraine-$887k (-83%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Petroleum Resins were:
In 2022, Russia's main importing competitors in Petroleum Resins were:

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Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.14M
TOP IMPORT POTENTIALChina+ $14.8M

Petroleum Resins’s highest export potential is Germany. With an export gap of $1.14M.   Petroleum Resins’s highest import potential is China with an import gap of $14.8M.

See methodology.

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