2022
Exports
$105MWorld Rnk 17 / 121
Flag Rnk 193 / 1200
2022
PRODUCT COMPLEXITY IN Other Precious Metal Products
-0.036Rnk 559 / 1025
2022
Imports
$549kWorld Rnk 79 / 189
Flag Rnk 1082 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $105M in Other Precious Metal Products, making it the 17th largest exporter of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 193rd most exported product in Russia. The main destination of Other Precious Metal Products exports from Russia are: Uzbekistan ($53.4M), United States ($35.5M), Germany ($8.91M), Latvia ($4.69M), and Armenia ($569k).

The fastest growing export markets for Other Precious Metal Products of Russia between 2021 and 2022 were United States ($20.1M), Hong Kong ($564k), and Armenia ($545k).

Imports In 2022, Russia imported $549k in Other Precious Metal Products, becoming the 79th largest importer of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 1082nd most imported product in Russia. Russia imports Other Precious Metal Products primarily from: China ($357k), Germany ($61.3k), Italy ($39.5k), Armenia ($34.9k), and Hungary ($14.2k).

The fastest growing import markets in Other Precious Metal Products for Russia between 2021 and 2022 were China ($298k), Armenia ($34.9k), and Kazakhstan ($6.74k).

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 Other Precious Metal Products. 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)$105M
IMPORTS (2022)$549k
NET TRADE (2022)$104M

In 2022, Russia exported $105M in Other Precious Metal Products. The main destinations of Russia exports on Other Precious Metal Products were Uzbekistan ($53.4M), United States ($35.5M), Germany ($8.91M), Latvia ($4.69M), and Armenia ($569k).

In 2022, Russia imported $549k in Other Precious Metal Products, mainly from China ($357k), Germany ($61.3k), Italy ($39.5k), Armenia ($34.9k), and Hungary ($14.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Precious Metal Products EXPORT MARKETS FOR Russia WERE (2021 - 2022):
United States$20.1M (130%)
Hong Kong$564k (1%)
Armenia$545k (2.22k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Precious Metal Products BY Russia WERE (2021 - 2022):
Belarus-$63.8M (-100%)
Germany-$26.2M (-74.6%)
Latvia-$15.4M (-76.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Other Precious Metal Products were:
In 2022, Russia's main importing competitors in Other Precious Metal Products were:

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Trade Value of Other Precious Metal Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.3M
TOP IMPORT POTENTIALChina+ $235k

Other Precious Metal Products’s highest export potential is United States. With an export gap of $10.3M.   Other Precious Metal Products’s highest import potential is China with an import gap of $235k.

See methodology.

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