2022
Exports
$1.23MWorld Rnk 109 / 177
Flag Rnk 861 / 1200
2022
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.68Rnk 752 / 1025
2022
Imports
$9.71MWorld Rnk 37 / 118
Flag Rnk 792 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $1.23M in Precious Metal Scraps, making it the 109th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 861st most exported product in Russia. The main destination of Precious Metal Scraps exports from Russia are: Germany ($607k), Lithuania ($309k), United Kingdom ($247k), Kazakhstan ($69k), and Georgia ($1.6k).

The fastest growing export markets for Precious Metal Scraps of Russia between 2021 and 2022 were United Kingdom ($140k), Georgia ($1.6k), and Uzbekistan ($540).

Imports In 2022, Russia imported $9.71M in Precious Metal Scraps, becoming the 37th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 792nd most imported product in Russia. Russia imports Precious Metal Scraps primarily from: Uzbekistan ($4.43M), Kyrgyzstan ($2.75M), Kazakhstan ($1.97M), and Armenia ($566k).

The fastest growing import markets in Precious Metal Scraps for Russia between 2021 and 2022 were Uzbekistan ($792k), Kazakhstan ($444k), and Armenia ($409k).

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 Precious Metal Scraps. 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)$1.23M
IMPORTS (2022)$9.71M
NET TRADE (2022)-$8.47M

In 2022, Russia exported $1.23M in Precious Metal Scraps. The main destinations of Russia exports on Precious Metal Scraps were Germany ($607k), Lithuania ($309k), United Kingdom ($247k), Kazakhstan ($69k), and Georgia ($1.6k).

In 2022, Russia imported $9.71M in Precious Metal Scraps, mainly from Uzbekistan ($4.43M), Kyrgyzstan ($2.75M), Kazakhstan ($1.97M), and Armenia ($566k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Russia WERE (2021 - 2022):
United Kingdom$140k (130%)
Georgia$1.6k (1%)
Uzbekistan$540 (123%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Russia WERE (2021 - 2022):
Germany-$18.8M (-96.9%)
Lithuania-$13.5M (-97.8%)
Japan-$4.91M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Precious Metal Scraps were:
In 2022, Russia's main importing competitors in Precious Metal Scraps were:
Canada $3.02B
Japan $2.87B

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Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.95M
TOP IMPORT POTENTIALUnited Kingdom+ $2.29M

Precious Metal Scraps’s highest export potential is Germany. With an export gap of $2.95M.   Precious Metal Scraps’s highest import potential is United Kingdom with an import gap of $2.29M.

See methodology.

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