2022
Exports
$348MWorld Rnk 3 / 68
Flag Rnk 85 / 1200
2022
PRODUCT COMPLEXITY IN Lignite
-1.47Rnk 945 / 1025
2022
Imports
$16.4MWorld Rnk 18 / 114
Flag Rnk 701 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $348M in Lignite, making it the 3rd largest exporter of Lignite in the world. At the same year, Lignite was the 85th most exported product in Russia. The main destination of Lignite exports from Russia are: China ($343M), Serbia ($4.94M), Hungary ($311k), Kazakhstan ($48.7k), and Lithuania ($6.54k).

The fastest growing export markets for Lignite of Russia between 2021 and 2022 were Serbia ($3.78M), Kazakhstan ($32.4k), and Armenia ($2.3k).

Imports In 2022, Russia imported $16.4M in Lignite, becoming the 18th largest importer of Lignite in the world. At the same year, Lignite was the 701st most imported product in Russia. Russia imports Lignite primarily from: Kazakhstan ($16.4M), Ukraine ($6.91k), and Kyrgyzstan ($5.93k).

The fastest growing import markets in Lignite for Russia between 2021 and 2022 were Ukraine ($6.91k) and Kyrgyzstan ($3.42k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$348M
IMPORTS (2022)$16.4M
NET TRADE (2022)$332M

In 2022, Russia exported $348M in Lignite. The main destinations of Russia exports on Lignite were China ($343M), Serbia ($4.94M), Hungary ($311k), Kazakhstan ($48.7k), and Lithuania ($6.54k).

In 2022, Russia imported $16.4M in Lignite, mainly from Kazakhstan ($16.4M), Ukraine ($6.91k), and Kyrgyzstan ($5.93k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lignite EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Serbia$3.78M (325%)
Kazakhstan$32.4k (199%)
Armenia$2.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lignite BY Russia WERE (2021 - 2022):
China-$409M (-54.4%)
South Korea-$84.7M (-100%)
India-$35.7M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Lignite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $82.6M
TOP IMPORT POTENTIALKyrgyzstan+ $25.7k

Lignite’s highest export potential is China. With an export gap of $82.6M.   Lignite’s highest import potential is Kyrgyzstan with an import gap of $25.7k.

See methodology.

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