2022
Exports
$10.2MWorld Rnk 39 / 148
Flag Rnk 542 / 1200
2022
PRODUCT COMPLEXITY IN Butter
0.015Rnk 543 / 1025
2022
Imports
$163MWorld Rnk 19 / 220
Flag Rnk 260 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $10.2M in Butter, making it the 39th largest exporter of Butter in the world. At the same year, Butter was the 542nd most exported product in Russia. The main destination of Butter exports from Russia are: Kazakhstan ($8M), Kyrgyzstan ($1.09M), Azerbaijan ($623k), Paraguay ($209k), and Armenia ($201k).

The fastest growing export markets for Butter of Russia between 2021 and 2022 were Kazakhstan ($3.13M), Kyrgyzstan ($1.04M), and Paraguay ($209k).

Imports In 2022, Russia imported $163M in Butter, becoming the 19th largest importer of Butter in the world. At the same year, Butter was the 260th most imported product in Russia. Russia imports Butter primarily from: Argentina ($44.5M), Kazakhstan ($25.6M), Uruguay ($23.9M), New Zealand ($23M), and Armenia ($18.3M).

The fastest growing import markets in Butter for Russia between 2021 and 2022 were Armenia ($17.5M), Azerbaijan ($8.16M), and Kazakhstan ($7.76M).

Latest Trends

Sep 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 Butter. 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)$10.2M
IMPORTS (2022)$163M
NET TRADE (2022)-$153M

In 2022, Russia exported $10.2M in Butter. The main destinations of Russia exports on Butter were Kazakhstan ($8M), Kyrgyzstan ($1.09M), Azerbaijan ($623k), Paraguay ($209k), and Armenia ($201k).

In 2022, Russia imported $163M in Butter, mainly from Argentina ($44.5M), Kazakhstan ($25.6M), Uruguay ($23.9M), New Zealand ($23M), and Armenia ($18.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Kazakhstan$3.13M (64.3%)
Kyrgyzstan$1.04M (2.37k%)
Paraguay$209k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Russia WERE (2021 - 2022):
Ukraine-$4.47M (-100%)
Azerbaijan-$1.11M (-64.1%)
Belarus-$246k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAzerbaijan+ $301k
TOP IMPORT POTENTIALNew Zealand+ $2.07M

Butter’s highest export potential is Azerbaijan. With an export gap of $301k.   Butter’s highest import potential is New Zealand with an import gap of $2.07M.

See methodology.

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