2022
Exports
$590MWorld Rnk 15 / 194
Flag Rnk 38 / 96
2022
PRODUCT COMPLEXITY IN Railway and trams
1.48Rnk 58 / 1025
2022
Imports
$893MWorld Rnk 13 / 217
Flag Rnk 41 / 96
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $590M in Railway and trams, making it the 15th largest exporter of Railway and trams in the world. At the same year, Railway and trams was the 38th most exported product in Russia. The main destination of Railway and trams exports from Russia are: Kazakhstan ($272M), Mongolia ($93.2M), Hungary ($36.7M), Azerbaijan ($32M), and Egypt ($29.6M).

The fastest growing export markets for Railway and trams of Russia between 2021 and 2022 were Mongolia ($17.6M), Turkey ($4.65M), and Georgia ($2.84M).

Imports In 2018, Russia imported $893M in Railway and trams, becoming the 13th largest importer of Railway and trams in the world. At the same year, Railway and trams was the 41st most imported product in Russia. Russia imports Railway and trams primarily from: China ($646M), Kazakhstan ($139M), Germany ($47.1M), Czechia ($16.5M), and Poland ($8.38M).

The fastest growing import markets in Railway and trams for Russia between 2021 and 2022 were China ($427M), Kazakhstan ($5.74M), and Italy ($2.86M).

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 Railway and trams. 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)$590M
IMPORTS (2022)$893M
NET TRADE (2022)-$303M

In 2022, Russia exported $590M in Railway and trams. The main destinations of Russia exports on Railway and trams were Kazakhstan ($272M), Mongolia ($93.2M), Hungary ($36.7M), Azerbaijan ($32M), and Egypt ($29.6M).

In 2022, Russia imported $893M in Railway and trams, mainly from China ($646M), Kazakhstan ($139M), Germany ($47.1M), Czechia ($16.5M), and Poland ($8.38M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway and trams EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Mongolia$17.6M (23.3%)
Turkey$4.65M (298%)
Georgia$2.84M (135%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway and trams BY Russia WERE (2021 - 2022):
Egypt-$134M (-82%)
Kazakhstan-$129M (-32.1%)
Belarus-$113M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Railway and trams were:
In 2022, Russia's main importing competitors in Railway and trams were:

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Trade Value of Railway and trams by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.6M
TOP IMPORT POTENTIALChina+ $20.2M

Railway and trams’s highest export potential is United States. With an export gap of $10.6M.   Railway and trams’s highest import potential is China with an import gap of $20.2M.

See methodology.

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