2022
Exports
$3.27MWorld Rnk 40 / 156
Flag Rnk 710 / 1200
2022
PRODUCT COMPLEXITY IN Drilling Machines
1.13Rnk 123 / 1025
2022
Imports
$58.7MWorld Rnk 13 / 210
Flag Rnk 465 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $3.27M in Drilling Machines, making it the 40th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 710th most exported product in Russia. The main destination of Drilling Machines exports from Russia are: Kazakhstan ($2.12M), Kyrgyzstan ($229k), China ($190k), Mongolia ($168k), and Czechia ($108k).

The fastest growing export markets for Drilling Machines of Russia between 2021 and 2022 were Kyrgyzstan ($216k), China ($190k), and Czechia ($108k).

Imports In 2022, Russia imported $58.7M in Drilling Machines, becoming the 13th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 465th most imported product in Russia. Russia imports Drilling Machines primarily from: China ($29.6M), Italy ($5.82M), Estonia ($4.27M), Chinese Taipei ($3.13M), and Czechia ($2.79M).

The fastest growing import markets in Drilling Machines for Russia between 2021 and 2022 were China ($7.03M), Estonia ($4.16M), and Latvia ($2.12M).

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 Drilling Machines. 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)$3.27M
IMPORTS (2022)$58.7M
NET TRADE (2022)-$55.4M

In 2022, Russia exported $3.27M in Drilling Machines. The main destinations of Russia exports on Drilling Machines were Kazakhstan ($2.12M), Kyrgyzstan ($229k), China ($190k), Mongolia ($168k), and Czechia ($108k).

In 2022, Russia imported $58.7M in Drilling Machines, mainly from China ($29.6M), Italy ($5.82M), Estonia ($4.27M), Chinese Taipei ($3.13M), and Czechia ($2.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Kyrgyzstan$216k (1.74k%)
China$190k (1%)
Czechia$108k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Russia WERE (2021 - 2022):
Iran-$7.26M (-100%)
Belarus-$3.23M (-100%)
Uzbekistan-$777k (-88%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $355k
TOP IMPORT POTENTIALChina+ $6.08M

Drilling Machines’s highest export potential is China. With an export gap of $355k.   Drilling Machines’s highest import potential is China with an import gap of $6.08M.

See methodology.

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