2022
Exports | Imports
$826M | $11.9MWorld Rnk 8 / 162
Flag Rnk 40 / 1200
World Rnk 134 / 217
Flag Rnk 765 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.42Rnk 45 / 124
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.29Rnk 905 / 1025

About

Exports In 2022, Russia exported $826M in Raw Iron Bars, making it the 8th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 40th most exported product in Russia. The main destination of Raw Iron Bars exports from Russia are: Kazakhstan ($259M), Mongolia ($117M), Kyrgyzstan ($101M), Lithuania ($53.6M), and Georgia ($36.1M).

The fastest growing export markets for Raw Iron Bars of Russia between 2021 and 2022 were Georgia ($32.8M), Mongolia ($25.7M), and Lithuania ($12.8M).

Imports In 2022, Russia imported $11.9M in Raw Iron Bars, becoming the 134th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 765th most imported product in Russia. Russia imports Raw Iron Bars primarily from: Uzbekistan ($3.9M), Ukraine ($3.76M), Kazakhstan ($1.53M), China ($853k), and Turkey ($553k).

The fastest growing import markets in Raw Iron Bars for Russia between 2021 and 2022 were Uzbekistan ($3.9M), Kyrgyzstan ($507k), and China ($449k).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Raw Iron Bars 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 Raw Iron Bars. 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)$826M
IMPORTS (2022)$11.9M
NET TRADE (2022)$814M

In 2022, Russia exported $826M in Raw Iron Bars. The main destinations of Russia exports on Raw Iron Bars were Kazakhstan ($259M), Mongolia ($117M), Kyrgyzstan ($101M), Lithuania ($53.6M), and Georgia ($36.1M).

In 2022, Russia imported $11.9M in Raw Iron Bars, mainly from Uzbekistan ($3.9M), Ukraine ($3.76M), Kazakhstan ($1.53M), China ($853k), and Turkey ($553k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Georgia$32.8M (997%)
Mongolia$25.7M (28.2%)
Lithuania$12.8M (31.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Russia WERE (2021 - 2022):
Belarus-$119M (-100%)
Kazakhstan-$63.5M (-19.7%)
Hong Kong-$26.8M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Russia's main importing competitors in Raw Iron Bars were:

Explore Visualizations

Trade Value of Raw Iron Bars by Exporters

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