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2022
Exports $34MWorld Rnk 29 / 196
Flag Rnk 359 / 1200
2022
Destination $2.49M Austria
2021 - 2022
FASTEST GROWING MARKET $2.49MAustria
2022
PRODUCT COMPLEXITY IN Essential Oils-1.09Rnk 855 / 1025
2022
Imports $29.7MWorld Rnk 29 / 214
Flag Rnk 579 / 1201
2022
Origin $3.33M India
2021 - 2022
FASTEST GROWING ORIGIN $3.33MIndia
2022
ECONOMIC COMPLEXITY of Russia0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $34M in Essential Oils, making it the 29th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 359th most exported product in Russia. The main destination of Essential Oils exports from Russia are: Austria ($5.28M), Germany ($5.11M), United States ($4.38M), France ($3.21M), and United Kingdom ($2.82M).

The fastest growing export markets for Essential Oils of Russia between 2021 and 2022 were Austria ($2.49M), United States ($2.39M), and Bulgaria ($1.43M).

Imports In 2022, Russia imported $29.7M in Essential Oils, becoming the 29th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 579th most imported product in Russia. Russia imports Essential Oils primarily from: India ($10.1M), United States ($5.25M), Germany ($4.98M), Poland ($2.22M), and Netherlands ($1.49M).

The fastest growing import markets in Essential Oils for Russia between 2021 and 2022 were India ($3.33M), Germany ($1.21M), and Poland ($862k).

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 Essential Oils. 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)$34M
IMPORTS (2022)$29.7M
NET TRADE (2022)$4.28M

In 2022, Russia exported $34M in Essential Oils. The main destinations of Russia exports on Essential Oils were Austria ($5.28M), Germany ($5.11M), United States ($4.38M), France ($3.21M), and United Kingdom ($2.82M).

In 2022, Russia imported $29.7M in Essential Oils, mainly from India ($10.1M), United States ($5.25M), Germany ($4.98M), Poland ($2.22M), and Netherlands ($1.49M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Austria$2.49M (89%)
United States$2.39M (120%)
Bulgaria$1.43M (228%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Russia WERE (2021 - 2022):
Netherlands-$4.42M (-94.5%)
Belarus-$722k (-100%)
Germany-$360k (-6.59%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Essential Oils were:
India $879M
United States $693M
Brazil $425M
In 2022, Russia's main importing competitors in Essential Oils were:
United States $1.25B
France $440M
Germany $357M

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.55M
TOP IMPORT POTENTIALIndia+ $4.57M

Essential Oils’s highest export potential is United States. With an export gap of $3.55M.   Essential Oils’s highest import potential is India with an import gap of $4.57M.

See methodology.

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