Magnesium in Russia | The Observatory of Economic Complexity

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Exports In 2022, Russia exported $41.2M in Magnesium, making it the 13th largest exporter of Magnesium in the world. At the same year, Magnesium was the 322nd most exported product in Russia. The main destination of Magnesium exports from Russia are: United States ($25.9M), Kazakhstan ($3.53M), China ($2.71M), Slovakia ($2.38M), and Germany ($1.41M).

The fastest growing export markets for Magnesium of Russia between 2021 and 2022 were United States ($9.43M), China ($2.71M), and Slovakia ($1.23M).

Imports In 2022, Russia imported $42M in Magnesium, becoming the 27th largest importer of Magnesium in the world. At the same year, Magnesium was the 524th most imported product in Russia. Russia imports Magnesium primarily from: China ($38.4M), Turkey ($1.8M), Germany ($1.1M), Netherlands ($466k), and Bulgaria ($130k).

The fastest growing import markets in Magnesium for Russia between 2021 and 2022 were China ($5.17M), Turkey ($1.19M), and Germany ($1.02M).

Mar 2024

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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 Magnesium. Countries are shown based on data availability.

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

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EXPORTS (2022)$41.2M

IMPORTS (2022)$42M

NET TRADE (2022)-$761k

In 2022, Russia exported $41.2M in Magnesium. The main destinations of Russia exports on Magnesium were United States ($25.9M), Kazakhstan ($3.53M), China ($2.71M), Slovakia ($2.38M), and Germany ($1.41M).

In 2022, Russia imported $42M in Magnesium, mainly from China ($38.4M), Turkey ($1.8M), Germany ($1.1M), Netherlands ($466k), and Bulgaria ($130k).