2022
Exports
$2.08MWorld Rnk 56 / 171
Flag Rnk 787 / 1200
2022
PRODUCT COMPLEXITY IN Fork-Lifts
1.54Rnk 42 / 1025
2022
Imports
$503MWorld Rnk 14 / 218
Flag Rnk 100 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $2.08M in Fork-Lifts, making it the 56th largest exporter of Fork-Lifts in the world. At the same year, Fork-Lifts was the 787th most exported product in Russia. The main destination of Fork-Lifts exports from Russia are: Kazakhstan ($1.05M), Uzbekistan ($570k), South Korea ($150k), Lithuania ($107k), and Azerbaijan ($71.9k).

The fastest growing export markets for Fork-Lifts of Russia between 2021 and 2022 were South Korea ($150k), Lithuania ($103k), and Kyrgyzstan ($15.3k).

Imports In 2022, Russia imported $503M in Fork-Lifts, becoming the 14th largest importer of Fork-Lifts in the world. At the same year, Fork-Lifts was the 100th most imported product in Russia. Russia imports Fork-Lifts primarily from: China ($354M), Germany ($24.6M), Japan ($24.2M), Italy ($21.9M), and Kazakhstan ($14M).

The fastest growing import markets in Fork-Lifts for Russia between 2021 and 2022 were China ($160M), Kazakhstan ($13.6M), and Hungary ($6.54M).

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 Fork-Lifts. 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)$2.08M
IMPORTS (2022)$503M
NET TRADE (2022)-$501M

In 2022, Russia exported $2.08M in Fork-Lifts. The main destinations of Russia exports on Fork-Lifts were Kazakhstan ($1.05M), Uzbekistan ($570k), South Korea ($150k), Lithuania ($107k), and Azerbaijan ($71.9k).

In 2022, Russia imported $503M in Fork-Lifts, mainly from China ($354M), Germany ($24.6M), Japan ($24.2M), Italy ($21.9M), and Kazakhstan ($14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fork-Lifts EXPORT MARKETS FOR Russia WERE (2021 - 2022):
South Korea$150k (1%)
Lithuania$103k (2.18k%)
Kyrgyzstan$15.3k (38%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fork-Lifts BY Russia WERE (2021 - 2022):
Kazakhstan-$3.22M (-75.5%)
Belarus-$2.13M (-100%)
Algeria-$682k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Fork-Lifts were:
In 2022, Russia's main importing competitors in Fork-Lifts were:

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Trade Value of Fork-Lifts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $144k
TOP IMPORT POTENTIALChina+ $75.3M

Fork-Lifts’s highest export potential is South Korea. With an export gap of $144k.   Fork-Lifts’s highest import potential is China with an import gap of $75.3M.

See methodology.

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