2022
Exports
$58.6MWorld Rnk 55 / 224
Flag Rnk 270 / 1200
2022
PRODUCT COMPLEXITY IN Medical Instruments
0.76Rnk 260 / 1025
2022
Imports
$2.35BWorld Rnk 16 / 225
Flag Rnk 8 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $58.6M in Medical Instruments, making it the 55th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 270th most exported product in Russia. The main destination of Medical Instruments exports from Russia are: Kazakhstan ($15.3M), Uzbekistan ($5.69M), India ($4.26M), Germany ($3.15M), and China ($2.5M).

The fastest growing export markets for Medical Instruments of Russia between 2021 and 2022 were India ($1.87M), Latvia ($821k), and China ($767k).

Imports In 2022, Russia imported $2.35B in Medical Instruments, becoming the 16th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 8th most imported product in Russia. Russia imports Medical Instruments primarily from: Germany ($599M), China ($404M), Netherlands ($312M), South Korea ($125M), and Belgium ($116M).

The fastest growing import markets in Medical Instruments for Russia between 2021 and 2022 were China ($106M), Netherlands ($103M), and Hong Kong ($62.4M).

Latest Trends

Jul 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 Medical Instruments. 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)$58.6M
IMPORTS (2022)$2.35B
NET TRADE (2022)-$2.29B

In 2022, Russia exported $58.6M in Medical Instruments. The main destinations of Russia exports on Medical Instruments were Kazakhstan ($15.3M), Uzbekistan ($5.69M), India ($4.26M), Germany ($3.15M), and China ($2.5M).

In 2022, Russia imported $2.35B in Medical Instruments, mainly from Germany ($599M), China ($404M), Netherlands ($312M), South Korea ($125M), and Belgium ($116M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Russia WERE (2021 - 2022):
India$1.87M (78.2%)
Latvia$821k (126%)
China$767k (44.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Russia WERE (2021 - 2022):
Ukraine-$17.8M (-98%)
Belarus-$15.4M (-100%)
Kazakhstan-$10.1M (-39.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Medical Instruments were:
In 2022, Russia's main importing competitors in Medical Instruments were:

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Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.96M
TOP IMPORT POTENTIALChina+ $246M

Medical Instruments’s highest export potential is China. With an export gap of $6.96M.   Medical Instruments’s highest import potential is China with an import gap of $246M.

See methodology.

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