2022
Exports
$1.68MWorld Rnk 53 / 187
Flag Rnk 821 / 1200
2022
PRODUCT COMPLEXITY IN Opto-Electric Instrument Parts
1.05Rnk 150 / 1025
2022
Imports
$22.5MWorld Rnk 36 / 220
Flag Rnk 627 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $1.68M in Opto-Electric Instrument Parts, making it the 53rd largest exporter of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 821st most exported product in Russia. The main destination of Opto-Electric Instrument Parts exports from Russia are: India ($617k), Kazakhstan ($563k), Germany ($107k), United States ($92k), and United Arab Emirates ($41.3k).

The fastest growing export markets for Opto-Electric Instrument Parts of Russia between 2021 and 2022 were India ($484k), Germany ($63.4k), and Austria ($21.4k).

Imports In 2018, Russia imported $22.5M in Opto-Electric Instrument Parts, becoming the 36th largest importer of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 627th most imported product in Russia. Russia imports Opto-Electric Instrument Parts primarily from: China ($8.21M), Germany ($3.67M), Romania ($2.65M), Slovakia ($1.58M), and India ($602k).

The fastest growing import markets in Opto-Electric Instrument Parts for Russia between 2021 and 2022 were China ($5.7M), India ($436k), and Poland ($385k).

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 Opto-Electric Instrument Parts. 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)$1.68M
IMPORTS (2022)$22.5M
NET TRADE (2022)-$20.8M

In 2022, Russia exported $1.68M in Opto-Electric Instrument Parts. The main destinations of Russia exports on Opto-Electric Instrument Parts were India ($617k), Kazakhstan ($563k), Germany ($107k), United States ($92k), and United Arab Emirates ($41.3k).

In 2022, Russia imported $22.5M in Opto-Electric Instrument Parts, mainly from China ($8.21M), Germany ($3.67M), Romania ($2.65M), Slovakia ($1.58M), and India ($602k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Opto-Electric Instrument Parts EXPORT MARKETS FOR Russia WERE (2021 - 2022):
India$484k (362%)
Germany$63.4k (144%)
Austria$21.4k (203%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Opto-Electric Instrument Parts BY Russia WERE (2021 - 2022):
China-$1.59M (-99.9%)
Belarus-$755k (-100%)
Turkey-$424k (-98.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Opto-Electric Instrument Parts were:
In 2022, Russia's main importing competitors in Opto-Electric Instrument Parts were:

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Trade Value of Opto-Electric Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $227k
TOP IMPORT POTENTIALChina+ $3.71M

Opto-Electric Instrument Parts’s highest export potential is India. With an export gap of $227k.   Opto-Electric Instrument Parts’s highest import potential is China with an import gap of $3.71M.

See methodology.

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