2022
Exports
$6.62MWorld Rnk 53 / 199
Flag Rnk 612 / 1200
2022
PRODUCT COMPLEXITY IN Special Pharmaceuticals
0.61Rnk 321 / 1025
2022
Imports
$399MWorld Rnk 11 / 220
Flag Rnk 126 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $6.62M in Special Pharmaceuticals, making it the 53rd largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 612th most exported product in Russia. The main destination of Special Pharmaceuticals exports from Russia are: Kazakhstan ($2.5M), Hungary ($847k), Netherlands ($749k), Uzbekistan ($517k), and Azerbaijan ($325k).

The fastest growing export markets for Special Pharmaceuticals of Russia between 2021 and 2022 were Hungary ($847k), Netherlands ($530k), and Armenia ($155k).

Imports In 2022, Russia imported $399M in Special Pharmaceuticals, becoming the 11th largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 126th most imported product in Russia. Russia imports Special Pharmaceuticals primarily from: Hungary ($122M), Germany ($96.8M), Netherlands ($33.1M), Belgium ($26.7M), and Ireland ($19.2M).

The fastest growing import markets in Special Pharmaceuticals for Russia between 2021 and 2022 were Hungary ($44.5M), Germany ($23.9M), and Netherlands ($7.69M).

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 Special Pharmaceuticals. 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)$6.62M
IMPORTS (2022)$399M
NET TRADE (2022)-$392M

In 2022, Russia exported $6.62M in Special Pharmaceuticals. The main destinations of Russia exports on Special Pharmaceuticals were Kazakhstan ($2.5M), Hungary ($847k), Netherlands ($749k), Uzbekistan ($517k), and Azerbaijan ($325k).

In 2022, Russia imported $399M in Special Pharmaceuticals, mainly from Hungary ($122M), Germany ($96.8M), Netherlands ($33.1M), Belgium ($26.7M), and Ireland ($19.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Hungary$847k (1%)
Netherlands$530k (242%)
Armenia$155k (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Pharmaceuticals BY Russia WERE (2021 - 2022):
Belarus-$3.55M (-100%)
Ukraine-$2.48M (-95.6%)
Kazakhstan-$2.19M (-46.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Special Pharmaceuticals were:
In 2022, Russia's main importing competitors in Special Pharmaceuticals were:

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Trade Value of Special Pharmaceuticals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $895k
TOP IMPORT POTENTIALGermany+ $19M

Special Pharmaceuticals’s highest export potential is United Kingdom. With an export gap of $895k.   Special Pharmaceuticals’s highest import potential is Germany with an import gap of $19M.

See methodology.

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