2022
Exports
$40.3MWorld Rnk 48 / 184
Flag Rnk 325 / 1200
2022
PRODUCT COMPLEXITY IN Lifting Machinery
1.12Rnk 128 / 1025
2022
Imports
$693MWorld Rnk 13 / 219
Flag Rnk 64 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $40.3M in Lifting Machinery, making it the 48th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 325th most exported product in Russia. The main destination of Lifting Machinery exports from Russia are: Kazakhstan ($26.9M), China ($3.99M), Uzbekistan ($1.88M), Angola ($672k), and Germany ($667k).

The fastest growing export markets for Lifting Machinery of Russia between 2021 and 2022 were China ($3.89M), Angola ($632k), and Hungary ($394k).

Imports In 2022, Russia imported $693M in Lifting Machinery, becoming the 13th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 64th most imported product in Russia. Russia imports Lifting Machinery primarily from: China ($214M), Germany ($137M), Turkey ($72.7M), South Korea ($37.9M), and Italy ($37.4M).

The fastest growing import markets in Lifting Machinery for Russia between 2021 and 2022 were Turkey ($32.6M), China ($28.3M), and Latvia ($22.8M).

Latest Trends

Mar 2024

Subnational Monthly Trade

View
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 Lifting Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$40.3M
IMPORTS (2022)$693M
NET TRADE (2022)-$653M

In 2022, Russia exported $40.3M in Lifting Machinery. The main destinations of Russia exports on Lifting Machinery were Kazakhstan ($26.9M), China ($3.99M), Uzbekistan ($1.88M), Angola ($672k), and Germany ($667k).

In 2022, Russia imported $693M in Lifting Machinery, mainly from China ($214M), Germany ($137M), Turkey ($72.7M), South Korea ($37.9M), and Italy ($37.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Russia WERE (2021 - 2022):
China$3.89M (3.72k%)
Angola$632k (1.59k%)
Hungary$394k (2.26k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Russia WERE (2021 - 2022):
Kazakhstan-$13.7M (-33.7%)
Belarus-$10.6M (-100%)
Egypt-$4.21M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Russia's main exporting competitors in Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, Russia's main importing competitors in Lifting Machinery were:

Explore Visualizations

Trade Value of Lifting Machinery by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with