2022
Exports | Imports
$25.3M | $10.4kWorld Rnk 7 / 114
Flag Rnk 404 / 1200
World Rnk 130 / 172
Flag Rnk 1181 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.42Rnk 45 / 124
2022
PRODUCT COMPLEXITY IN Iron Ingots
-1.41Rnk 935 / 1025

About

Exports In 2022, Russia exported $25.3M in Iron Ingots, making it the 7th largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 404th most exported product in Russia. The main destination of Iron Ingots exports from Russia are: El Salvador ($21M), Denmark ($3.93M), Kazakhstan ($213k), Czechia ($102k), and France ($8).

The fastest growing export markets for Iron Ingots of Russia between 2021 and 2022 were Kazakhstan ($92.7k), Czechia ($75.9k), and France ($8).

Imports In 2022, Russia imported $10.4k in Iron Ingots, becoming the 130th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 1181st most imported product in Russia. Russia imports Iron Ingots primarily from: Lithuania ($7.6k), Kazakhstan ($1.88k), Turkey ($711), Czechia ($227), and Latvia ($8).

The fastest growing import markets in Iron Ingots for Russia between 2021 and 2022 were Lithuania ($5.39k), Czechia ($227), and Latvia ($8).

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

Latest Trends

Jan 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 Iron Ingots. 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)$25.3M
IMPORTS (2022)$10.4k
NET TRADE (2022)$25.2M

In 2022, Russia exported $25.3M in Iron Ingots. The main destinations of Russia exports on Iron Ingots were El Salvador ($21M), Denmark ($3.93M), Kazakhstan ($213k), Czechia ($102k), and France ($8).

In 2022, Russia imported $10.4k in Iron Ingots, mainly from Lithuania ($7.6k), Kazakhstan ($1.88k), Turkey ($711), Czechia ($227), and Latvia ($8).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Kazakhstan$92.7k (76.8%)
Czechia$75.9k (286%)
France$8 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Russia WERE (2021 - 2022):
Denmark-$39.7M (-91%)
Guatemala-$29.6M (-100%)
El Salvador-$15.7M (-42.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Iron Ingots were:
India $189M
China $107M
Iran $76.9M
In 2022, Russia's main importing competitors in Iron Ingots were:

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Trade Value of Iron Ingots by Exporters

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