2023
Exports
$5.75MWorld Rnk 55 / 168
Flag Rnk 588 / 1200
2023
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.55Rnk 344 / 1025
2023
Imports
$175MWorld Rnk 19 / 220
Flag Rnk 249 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $5.75M in Unpackaged Medicaments, making it the 55th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 588th most exported product in Russia. The main destination of Unpackaged Medicaments exports from Russia are: Azerbaijan ($5.22M), Kazakhstan ($384k), China ($105k), Armenia ($23.8k), and Ireland ($5.52k).

The fastest growing export markets for Unpackaged Medicaments of Russia between 2022 and 2023 were Azerbaijan ($4.88M), China ($105k), and Armenia ($6.74k).

Imports In 2023, Russia imported $175M in Unpackaged Medicaments, becoming the 19th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 249th most imported product in Russia. Russia imports Unpackaged Medicaments primarily from: Slovenia ($69M), Sweden ($26.6M), Germany ($24.4M), Netherlands ($22.2M), and China ($13.1M).

The fastest growing import markets in Unpackaged Medicaments for Russia between 2022 and 2023 were Germany ($10.5M), Austria ($4.18M), and Israel ($3.62M).

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 Unpackaged Medicaments. 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)$5.75M
IMPORTS (2023)$175M
NET TRADE (2023)-$169M

In 2023, Russia exported $5.75M in Unpackaged Medicaments. The main destinations of Russia exports on Unpackaged Medicaments were Azerbaijan ($5.22M), Kazakhstan ($384k), China ($105k), Armenia ($23.8k), and Ireland ($5.52k).

In 2023, Russia imported $175M in Unpackaged Medicaments, mainly from Slovenia ($69M), Sweden ($26.6M), Germany ($24.4M), Netherlands ($22.2M), and China ($13.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Azerbaijan$4.88M (1.44k%)
China$105k (1%)
Armenia$6.74k (39.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Russia WERE (2022 - 2023):
Kazakhstan-$357k (-48.1%)
Switzerland-$1.94k (-87.9%)
Poland-$1.79k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Unpackaged Medicaments were:
In 2023, Russia's main importing competitors in Unpackaged Medicaments were:

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $14.8k
TOP IMPORT POTENTIALChina+ $17M

Unpackaged Medicaments’s highest export potential is Germany. With an export gap of $14.8k.   Unpackaged Medicaments’s highest import potential is China with an import gap of $17M.

See methodology.

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