2022
Exports | Imports
$157M | $1.9BWorld Rnk 42 / 224
Flag Rnk 146 / 1200
World Rnk 14 / 224
Flag Rnk 11 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.42Rnk 45 / 124
2022
PRODUCT COMPLEXITY IN Valves
1.44Rnk 55 / 1025

About

Exports In 2022, Russia exported $157M in Valves, making it the 42nd largest exporter of Valves in the world. At the same year, Valves was the 146th most exported product in Russia. The main destination of Valves exports from Russia are: Kazakhstan ($92.5M), Uzbekistan ($21.8M), Turkey ($15.2M), Armenia ($2.68M), and China ($2.66M).

The fastest growing export markets for Valves of Russia between 2021 and 2022 were Turkey ($12.9M), Tajikistan ($812k), and Belgium ($596k).

Imports In 2022, Russia imported $1.9B in Valves, becoming the 14th largest importer of Valves in the world. At the same year, Valves was the 11th most imported product in Russia. Russia imports Valves primarily from: China ($1.04B), Italy ($228M), Germany ($134M), Turkey ($76.4M), and Poland ($48.7M).

The fastest growing import markets in Valves for Russia between 2021 and 2022 were China ($225M), Turkey ($43.4M), and Kazakhstan ($15.3M).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Valves from Russia to the United States.

Latest Trends

Feb 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 Valves. 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)$157M
IMPORTS (2022)$1.9B
NET TRADE (2022)-$1.74B

In 2022, Russia exported $157M in Valves. The main destinations of Russia exports on Valves were Kazakhstan ($92.5M), Uzbekistan ($21.8M), Turkey ($15.2M), Armenia ($2.68M), and China ($2.66M).

In 2022, Russia imported $1.9B in Valves, mainly from China ($1.04B), Italy ($228M), Germany ($134M), Turkey ($76.4M), and Poland ($48.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Turkey$12.9M (568%)
Tajikistan$812k (144%)
Belgium$596k (76.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Russia WERE (2021 - 2022):
Belarus-$76.3M (-100%)
India-$45.5M (-99.3%)
Kazakhstan-$34.4M (-27.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Valves by Exporters

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