HS Icon Flat-Rolled Iron in  Flag Russia

2019
Exports | Imports
: $80.6M | $14.1M, World Rnk 9 / 104
Flag Rnk 257 / 1208 | World Rnk 39 / 188
Flag Rnk 797 / 1210

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.38M | $2.15M, Belgium |  China

2019
ECONOMIC COMPLEXITY of Russia
: 0.54, Rnk 48 / 147

2019
PRODUCT COMPLEXITY  IN Flat-Rolled Iron
: 1.22, Rnk 99 / 1029

Exports: In 2019, Russia exported $80.6M in Flat-Rolled Iron, making it the 9th largest exporter of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 257th most exported product in Russia. The main destination of Flat-Rolled Iron exports from Russia are: Turkey ($25.4M), Belarus ($10.3M), Mexico ($8.66M), Ukraine ($5.82M), and Italy ($5.6M).

The fastest growing export markets for Flat-Rolled Iron of Russia between 2018 and 2019 were Belgium ($2.38M), Ukraine ($1.55M), and Mexico ($1.32M).

Imports: In 2019, Russia imported $14.1M in Flat-Rolled Iron, becoming the 39th largest importer of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 797th most imported product in Russia. Russia imports Flat-Rolled Iron primarily from: Germany ($5.18M), China ($3.75M), France ($1.25M), Turkey ($843k), and Sweden ($608k).

The fastest growing import markets in Flat-Rolled Iron for Russia between 2018 and 2019 were China ($2.15M), Turkey ($307k), and Czechia ($129k).

Tariffs: In 2018, the average tariff for Russia in Flat-Rolled Iron was 4.77%. The countries with the highest import tariffs for Flat-Rolled Iron were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).

Latest Trends (December 2020)

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Overview: In December 2020 Russia's Flat-Rolled Iron exports accounted up to $5.47M and imports accounted up to $1.65M, resulting in a positive trade balance of $3.82M. Between December 2019 and December 2020 the exports of Russia's   Flat-Rolled Iron have increased by $788k (16.8%) from $4.68M to $5.47M, while imports increased by $854k (107%) from $795k to $1.65M.

Destinations: In December 2020, Flat-Rolled Iron were exported mostly to Mexico ($2.63M), Belarus ($974k), Poland ($602k), Turkey ($356k), and Tunisia ($279k), and were imported mostly from France ($511k), Germany ($506k), China ($389k), South Korea ($134k), and Turkey ($41.2k).

Growth: In December 2020, the increase in Flat-Rolled Iron's year-by-year exports was explained primarily by an increase in exports to Mexico ($2.09M or 392%), Belarus ($448k or 85.4%), and Tunisia ($220k or 374%). In December 2020, the increase in Flat-Rolled Iron's year-by-year imports was explained primarily by an increase in imports from France ($433k or 555%), China ($296k or 317%), and South Korea ($98.2k or 275%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (December 2019 - December 2020): $788k, (16.8%)

IMPORT GROWTH (December 2019 - December 2020): $854k, (107%)

MAIN EXPORTER (December 2020): Lipetsk Region, $3.95M

MAIN DESTINATION (December 2020): Mexico, $2.63M

This section shows Flat-Rolled Iron's exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Flat-Rolled Iron over time.

For full datasets download visit Bulk Download page.

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Historical Data

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Value

EXPORTS (2019): $80.6M

IMPORTS (2019): $14.1M

NET TRADE (2019): $66.5M

In 2019, Russia exported $80.6M in Flat-Rolled Iron. The main destinations of Russia exports on Flat-Rolled Iron were Turkey ($25.4M), Belarus ($10.3M), Mexico ($8.66M), Ukraine ($5.82M), and Italy ($5.6M).

In 2019, Russia imported $14.1M in Flat-Rolled Iron, mainly from Germany ($5.18M), China ($3.75M), France ($1.25M), Turkey ($843k), and Sweden ($608k).

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IN 2019, Russia HAD A POSITIVE NET TRADE IN Flat-Rolled Iron WITH:

IN 2019, Russia HAD A NEGATIVE NET TRADE IN Flat-Rolled Iron WITH:

Flow

THE FASTEST GROWING Flat-Rolled Iron EXPORT MARKETS FOR Russia WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Iron BY Russia WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Russia's main exporting competitors in Flat-Rolled Iron were:

In 2018, Russia's main importing competitors in Flat-Rolled Iron were:

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Tariffs by Country

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In 2018, the average tariff for Russia in Flat-Rolled Iron was 4.77%.

The countries with the highest tariffs for Flat-Rolled Iron in Russia were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).