2023
Exports
$380kWorld Rnk 55 / 101
Flag Rnk 950 / 1200
2023
PRODUCT COMPLEXITY IN Phosphoric Acid
-0.67Rnk 754 / 1025
2023
Imports
$24.3MWorld Rnk 25 / 190
Flag Rnk 616 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $380k in Phosphoric Acid, making it the 55th largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 950th most exported product in Russia. The main destination of Phosphoric Acid exports from Russia are: Kazakhstan ($252k), Azerbaijan ($75.7k), Kyrgyzstan ($17k), Armenia ($16.1k), and Uzbekistan ($14.9k).

The fastest growing export markets for Phosphoric Acid of Russia between 2022 and 2023 were Turkey ($2.53k) and Georgia ($1.86k).

Imports In 2023, Russia imported $24.3M in Phosphoric Acid, becoming the 25th largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 616th most imported product in Russia. Russia imports Phosphoric Acid primarily from: Kazakhstan ($15.5M), China ($7.04M), Estonia ($1.43M), Chinese Taipei ($118k), and Poland ($80.9k).

The fastest growing import markets in Phosphoric Acid for Russia between 2022 and 2023 were Estonia ($1.07M), Chinese Taipei ($118k), and Spain ($12.7k).

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 Phosphoric Acid. 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)$380k
IMPORTS (2023)$24.3M
NET TRADE (2023)-$23.9M

In 2023, Russia exported $380k in Phosphoric Acid. The main destinations of Russia exports on Phosphoric Acid were Kazakhstan ($252k), Azerbaijan ($75.7k), Kyrgyzstan ($17k), Armenia ($16.1k), and Uzbekistan ($14.9k).

In 2023, Russia imported $24.3M in Phosphoric Acid, mainly from Kazakhstan ($15.5M), China ($7.04M), Estonia ($1.43M), Chinese Taipei ($118k), and Poland ($80.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Turkey$2.53k (1%)
Georgia$1.86k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Acid BY Russia WERE (2022 - 2023):
Azerbaijan-$282k (-78.9%)
Kazakhstan-$207k (-45.1%)
Slovakia-$171k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Phosphoric Acid were:
Morocco $1.41B
China $708M
In 2023, Russia's main importing competitors in Phosphoric Acid were:

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Trade Value of Phosphoric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.76k
TOP IMPORT POTENTIALChina+ $6.85M

Phosphoric Acid’s highest export potential is India. With an export gap of $2.76k.   Phosphoric Acid’s highest import potential is China with an import gap of $6.85M.

See methodology.

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