2023
Exports
$6.95BWorld Rnk 2 / 156
Flag Rnk 7 / 1200
2023
PRODUCT COMPLEXITY IN Raw Aluminium
-1.28Rnk 895 / 1025
2023
Imports
$26.6MWorld Rnk 70 / 186
Flag Rnk 597 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $6.95B in Raw Aluminium, making it the 2nd largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 7th most exported product in Russia. The main destination of Raw Aluminium exports from Russia are: China ($2.83B), Turkey ($1.22B), Germany ($345M), Japan ($332M), and Chinese Taipei ($295M).

The fastest growing export markets for Raw Aluminium of Russia between 2022 and 2023 were China ($1.5B), Turkey ($113M), and Chinese Taipei ($76.1M).

Imports In 2023, Russia imported $26.6M in Raw Aluminium, becoming the 70th largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 597th most imported product in Russia. Russia imports Raw Aluminium primarily from: Kazakhstan ($18.8M), China ($7.1M), Spain ($316k), Turkey ($244k), and Egypt ($94.9k).

The fastest growing import markets in Raw Aluminium for Russia between 2022 and 2023 were Turkey ($195k), China ($117k), and Egypt ($94.9k).

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 Raw Aluminium. 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)$6.95B
IMPORTS (2023)$26.6M
NET TRADE (2023)$6.93B

In 2023, Russia exported $6.95B in Raw Aluminium. The main destinations of Russia exports on Raw Aluminium were China ($2.83B), Turkey ($1.22B), Germany ($345M), Japan ($332M), and Chinese Taipei ($295M).

In 2023, Russia imported $26.6M in Raw Aluminium, mainly from Kazakhstan ($18.8M), China ($7.1M), Spain ($316k), Turkey ($244k), and Egypt ($94.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR Russia WERE (2022 - 2023):
China$1.5B (113%)
Turkey$113M (10.2%)
Chinese Taipei$76.1M (34.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY Russia WERE (2022 - 2023):
Japan-$810M (-71%)
United States-$539M (-91.5%)
South Korea-$408M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Raw Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $882M
TOP IMPORT POTENTIALChina+ $5.48M

Raw Aluminium’s highest export potential is China. With an export gap of $882M.   Raw Aluminium’s highest import potential is China with an import gap of $5.48M.

See methodology.

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