# Russia Export Playbook for Latin America and Caribbean

![Yugalinks](https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp)

> Yugalinks regional export playbook

Compare buyer markets, access conditions, and calculated product opportunities in Latin America and Caribbean. Use this guide to prioritize research, not to treat calculated indicators as guaranteed sales.

## Navigation

- [Yugalinks home](https://www.yugalinks.com/)
- [Trade data](https://www.yugalinks.com/trade/)
- [Open country workspace](https://www.yugalinks.com/app/countries)
- [Data sources](https://www.yugalinks.com/data-sources)
- [Methodology](https://www.yugalinks.com/methodology)

## Overview

- Exporter: Russia (RUS)
- Region: Latin America and Caribbean
- Latest trade year: 2024
- Buyer markets: 11
- Calculated three-year opportunity: $68.2B
- Reported FTA markets: 0
- Average reported distance: 11,112 km
- Average business entry indicator: 39 days

## Market comparison

| Market | ISO3 | Opportunity | Products | FTA | Distance | Entry days | Top product |
| --- | --- | ---: | ---: | --- | ---: | ---: | --- |
| Brazil | BRA | $24.2B | 11 | Not reported | 11,820 km | 17 | Aeroplanes and other aircraft: of an unladen weight exceeding 2000kg but not exceeding 15,000kg |
| Chile | CHL | $9.2B | 2 | Not reported | 14,153 km | 4 | Product not reported |
| Panama | PAN | $8.1B | 3 | Not reported | 10,820 km | 6 | Vessels: n.e.s. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods |
| Colombia | COL | $6.9B | 3 | Not reported | 10,979 km | 10 | Product not reported |
| Ecuador | ECU | $3.9B | 1 | Not reported | 11,640 km | 49 | Product not reported |
| Dominican Republic | DOM | $3.7B | 2 | Not reported | 9,366 km | 17 | Product not reported |
| Venezuela | VEN | $3.3B | 1 | Not reported | 9,940 km | 230 | Product not reported |
| Bahamas | BHS | $3.0B | 2 | Not reported | 9,155 km | 12 | Product not reported |
| Peru | PER | $2.5B | 1 | Not reported | 12,667 km | 26 | Product not reported |
| Honduras | HND | $1.7B | 1 | Not reported | 10,729 km | 42 | Product not reported |
| Costa Rica | CRI | $1.6B | 1 | Not reported | 10,967 km | 23 | Product not reported |

## Product and market opportunities

| Rank | Market | Product | Opportunity | Buyer growth | Current share |
| ---: | --- | --- | ---: | ---: | ---: |
| 1 | Chile (CHL) | HS 271019 - Product description unavailable | $7.2B | +13.8% | +0.0% |
| 2 | Brazil (BRA) | HS 880230 - Aeroplanes and other aircraft: of an unladen weight exceeding 2000kg but not exceeding 15,000kg | $5.4B | +12.4% | +0.0% |
| 3 | Brazil (BRA) | HS 854140 - Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light emitting diodes | $4.3B | +17.9% | +0.0% |
| 4 | Ecuador (ECU) | HS 271019 - Product description unavailable | $3.9B | +12.6% | +0.0% |
| 5 | Colombia (COL) | HS 271012 - Product description unavailable | $3.5B | +12.7% | +2.8% |
| 6 | Panama (PAN) | HS 890190 - Vessels: n.e.s. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods | $3.4B | -0.0% | +0.0% |
| 7 | Venezuela (VEN) | HS 271012 - Product description unavailable | $3.3B | +17.9% | +0.0% |
| 8 | Panama (PAN) | HS 271019 - Product description unavailable | $3.0B | +9.8% | +0.0% |
| 9 | Peru (PER) | HS 271019 - Product description unavailable | $2.5B | +10.0% | +0.0% |
| 10 | Brazil (BRA) | HS 270900 - Oils: petroleum oils and oils obtained from bituminous minerals, crude | $2.1B | +3.9% | +0.9% |
| 11 | Chile (CHL) | HS 851712 - Telephones for cellular networks or for other wireless networks | $2.0B | +14.6% | +0.0% |
| 12 | Dominican Republic (DOM) | HS 271012 - Product description unavailable | $1.9B | +8.8% | +0.0% |
| 13 | Dominican Republic (DOM) | HS 271019 - Product description unavailable | $1.8B | +13.6% | +0.0% |
| 14 | Colombia (COL) | HS 851712 - Telephones for cellular networks or for other wireless networks | $1.7B | +9.4% | +0.0% |
| 15 | Brazil (BRA) | HS 380893 - Herbicides, anti-sprouting products and plant-growth regulators: not containing substances of 3808.50: put up in forms or packings for retail sale or as preparations or articles | $1.7B | +11.7% | +0.0% |
| 16 | Honduras (HND) | HS 271019 - Product description unavailable | $1.7B | +10.1% | +0.1% |
| 17 | Bahamas (BHS) | HS 271012 - Product description unavailable | $1.7B | +12.7% | +0.2% |
| 18 | Brazil (BRA) | HS 841191 - Turbines: parts of turbo-jets and turbo-propellers | $1.7B | +10.7% | +1.2% |
| 19 | Brazil (BRA) | HS 270112 - Coal: bituminous, whether or not pulverised, but not agglomerated | $1.7B | +7.0% | +0.3% |
| 20 | Colombia (COL) | HS 271019 - Product description unavailable | $1.6B | +6.8% | +0.0% |

## Sector opportunities

| Sector | Products | Reported buyer imports | Opportunity | Average growth |
| --- | ---: | ---: | ---: | ---: |
| HS2 00 - HS2 sector 00 | 14 | $34.9B | $36.8B | +11.5% |
| HS2 85 - HS2 sector 85 | 5 | $10.0B | $11.2B | +12.2% |
| HS2 88 - HS2 sector 88 | 3 | $6.8B | $8.0B | +12.7% |
| HS2 27 - HS2 sector 27 | 2 | $11.0B | $3.8B | +5.5% |
| HS2 89 - HS2 sector 89 | 1 | $6.0B | $3.4B | -0.0% |
| HS2 38 - HS2 sector 38 | 1 | $2.0B | $1.7B | +11.7% |
| HS2 84 - HS2 sector 84 | 1 | $2.0B | $1.7B | +10.7% |
| HS2 30 - HS2 sector 30 | 1 | $4.3B | $1.4B | +11.8% |

## Frequently asked questions

### Should Russia focus on Latin America and Caribbean?

Use the market ranking as a starting point, then check product fit, buyer requirements, route costs, tariffs, standards, and competitive conditions.

### What does calculated opportunity mean?

It is a screening indicator built from demand and exporter-position signals. It is not a confirmed order, sales forecast, or guarantee of market entry.

### How should exporters use this page?

Prioritize one market and product combination, then validate buyers, compliance, logistics, pricing, and continuity before making a commercial decision.

## Method

Reported trade observations and calculated indicators are shown separately. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.

Yugalinks presents derived views for research and planning. [Read the full methodology](https://www.yugalinks.com/methodology).

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.