2018
Exports
$73.1kWorld Rnk 69 / 145
Flag Rnk 96 / 96
2023
PRODUCT COMPLEXITY IN Silk
0.51Rnk 369 / 1025
2018
Imports
$8.54MWorld Rnk 29 / 195
Flag Rnk 94 / 96
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2018, Russia exported $73.1k in Silk, making it the 69th largest exporter of Silk in the world. At the same year, Silk was the 96th most exported product in Russia. The main destination of Silk exports from Russia are: United Arab Emirates ($66.7k), Kazakhstan ($4.16k), Romania ($443), Kyrgyzstan ($440), and Denmark ($418).

The fastest growing export markets for Silk of Russia between 2022 and 2023 were United Arab Emirates ($62k), Kazakhstan ($1.93k), and Kyrgyzstan ($440).

Imports In 2023, Russia imported $8.54M in Silk, becoming the 29th largest importer of Silk in the world. At the same year, Silk was the 94th most imported product in Russia. Russia imports Silk primarily from: China ($4.23M), Italy ($1.97M), Lithuania ($1.38M), Kyrgyzstan ($549k), and Poland ($100k).

The fastest growing import markets in Silk for Russia between 2022 and 2023 were Kyrgyzstan ($549k), Lithuania ($96.8k), and Poland ($40.1k).

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 Silk. 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)$73.1k
IMPORTS (2023)$8.54M
NET TRADE (2023)-$8.47M

In 2023, Russia exported $73.1k in Silk. The main destinations of Russia exports on Silk were United Arab Emirates ($66.7k), Kazakhstan ($4.16k), Romania ($443), Kyrgyzstan ($440), and Denmark ($418).

In 2023, Russia imported $8.54M in Silk, mainly from China ($4.23M), Italy ($1.97M), Lithuania ($1.38M), Kyrgyzstan ($549k), and Poland ($100k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Silk EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Kazakhstan$1.93k (86.9%)
Kyrgyzstan$440 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk BY Russia WERE (2022 - 2023):
Iran-$911k (-100%)
Slovakia-$5.7k (-100%)
Switzerland-$3.26k (-96.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Silk were:
In 2023, Russia's main importing competitors in Silk were:
Italy $343M
India $220M

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Trade Value of Silk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $3.86k
TOP IMPORT POTENTIALChina+ $2.42M

Silk’s highest export potential is United Arab Emirates. With an export gap of $3.86k.   Silk’s highest import potential is China with an import gap of $2.42M.

See methodology.

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