2022
Exports
$162MWorld Rnk 40 / 226
Flag Rnk 53 / 96
2022
PRODUCT COMPLEXITY IN Tools & cutlery
1.7Rnk 24 / 1025
2022
Imports
$1.54BWorld Rnk 13 / 225
Flag Rnk 25 / 96
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $162M in Tools & cutlery, making it the 40th largest exporter of Tools & cutlery in the world. At the same year, Tools & cutlery was the 53rd most exported product in Russia. The main destination of Tools & cutlery exports from Russia are: Kazakhstan ($60.1M), Uzbekistan ($11.5M), Poland ($9.06M), United Arab Emirates ($8.5M), and Turkey ($8.32M).

The fastest growing export markets for Tools & cutlery of Russia between 2021 and 2022 were Kuwait ($5.99M), United Arab Emirates ($5.02M), and India ($4.33M).

Imports In 2022, Russia imported $1.54B in Tools & cutlery, becoming the 13th largest importer of Tools & cutlery in the world. At the same year, Tools & cutlery was the 25th most imported product in Russia. Russia imports Tools & cutlery primarily from: China ($878M), Germany ($119M), Poland ($104M), Chinese Taipei ($98.7M), and Turkey ($52.3M).

The fastest growing import markets in Tools & cutlery for Russia between 2021 and 2022 were China ($80.6M), Kazakhstan ($26.7M), and Turkey ($22.4M).

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 Tools & cutlery. 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)$162M
IMPORTS (2022)$1.54B
NET TRADE (2022)-$1.38B

In 2022, Russia exported $162M in Tools & cutlery. The main destinations of Russia exports on Tools & cutlery were Kazakhstan ($60.1M), Uzbekistan ($11.5M), Poland ($9.06M), United Arab Emirates ($8.5M), and Turkey ($8.32M).

In 2022, Russia imported $1.54B in Tools & cutlery, mainly from China ($878M), Germany ($119M), Poland ($104M), Chinese Taipei ($98.7M), and Turkey ($52.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tools & cutlery EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Kuwait$5.99M (523%)
India$4.33M (250%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tools & cutlery BY Russia WERE (2021 - 2022):
Belarus-$58.5M (-100%)
Ukraine-$15.4M (-95.9%)
Poland-$11.1M (-55.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Tools & cutlery were:
In 2022, Russia's main importing competitors in Tools & cutlery were:

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Trade Value of Tools & cutlery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.43M
TOP IMPORT POTENTIALChina+ $226M

Tools & cutlery’s highest export potential is United States. With an export gap of $5.43M.   Tools & cutlery’s highest import potential is China with an import gap of $226M.

See methodology.

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