2022
Exports | Imports
$24.9M | $227World Rnk 5 / 80
Flag Rnk 569 / 4359
World Rnk 125 / 138
Flag Rnk 4404 / 4440
2022
ECONOMIC COMPLEXITY of Russia
0.42Rnk 45 / 124

About

Exports In 2022, Russia exported $24.9M in Iron or non-alloy steel in ingots, <99.94% iron, making it the 5th largest exporter of Iron or non-alloy steel in ingots, <99.94% iron in the world. At the same year, Iron or non-alloy steel in ingots, <99.94% iron was the 569th most exported product in Russia. The main destination of Iron or non-alloy steel in ingots, <99.94% iron exports from Russia are: El Salvador ($21M), Denmark ($3.93M), and Kazakhstan ($14).

Imports In 2022, Russia imported $227 in Iron or non-alloy steel in ingots, <99.94% iron, becoming the 125th largest importer of Iron or non-alloy steel in ingots, <99.94% iron in the world. At the same year, Iron or non-alloy steel in ingots, <99.94% iron was the 4404th most imported product in Russia. Russia imports Iron or non-alloy steel in ingots, <99.94% iron primarily from: Czechia ($227).

The fastest growing import markets in Iron or non-alloy steel in ingots, <99.94% iron for Russia between 2021 and 2022 were Czechia ($227).

COMPANIES In 2021, leading companies such as IKEA SUPPLY AG (2.66k), ROBERT BOSCH TOOL CORPORATION (1.68k), and PIRELLI TIRE LLC (912) were at the forefront of shipping Iron or non-alloy steel in ingots, <99.94% iron 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 Iron or non-alloy steel in ingots, <99.94% iron. Countries are shown based on data availability.

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

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Iron or non-alloy steel in ingots, <99.94% iron throughout time. Products without a clear unit are excluded.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$24.9M
IMPORTS (2022)$227
NET TRADE (2022)$24.9M

In 2022, Russia exported $24.9M in Iron or non-alloy steel in ingots, <99.94% iron. The main destinations of Russia exports on Iron or non-alloy steel in ingots, <99.94% iron were El Salvador ($21M), Denmark ($3.93M), and Kazakhstan ($14).

In 2022, Russia imported $227 in Iron or non-alloy steel in ingots, <99.94% iron, mainly from Czechia ($227).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron or non-alloy steel in 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 or non-alloy steel in ingots,
Iran $76.4M
China $71.5M
In 2022, Russia's main importing competitors in Iron or non-alloy steel in ingots,

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Trade Value of Iron or non-alloy steel in ingots, <99.94% iron by Exporters

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