HS Icon Iron or non-alloy steel, primary nes, <99.94% iron in  Flag Russia

2019
Exports | Imports
: $2.14M | $89.3k, World Rnk 17 / 94
Flag Rnk 2079 / 4514 | World Rnk 76 / 163
Flag Rnk 4246 / 4516

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $39k | $11.2k, Hong Kong |  China

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

2019
PRODUCT COMPLEXITY  IN Iron or non-alloy steel, primary nes, <99.94% iron
: -1.15, Rnk 2336 / 2764

Exports In 2019, Russia exported $2.14M in Iron or non-alloy steel, primary nes, <99.94% iron, making it the 17th largest exporter of Iron or non-alloy steel, primary nes, <99.94% iron in the world. At the same year, Iron or non-alloy steel, primary nes, <99.94% iron was the 2079th most exported product in Russia. The main destination of Iron or non-alloy steel, primary nes, <99.94% iron exports from Russia are: Kazakhstan ($1.91M), Armenia ($116k), China ($41.8k), Hong Kong ($39k), and Czechia ($23.8k).

The fastest growing export markets for Iron or non-alloy steel, primary nes, <99.94% iron of Russia between 2018 and 2019 were Hong Kong ($39k) and Tunisia ($801).

Imports In 2019, Russia imported $89.3k in Iron or non-alloy steel, primary nes, <99.94% iron, becoming the 76th largest importer of Iron or non-alloy steel, primary nes, <99.94% iron in the world. At the same year, Iron or non-alloy steel, primary nes, <99.94% iron was the 4246th most imported product in Russia. Russia imports Iron or non-alloy steel, primary nes, <99.94% iron primarily from: China ($71.4k), Germany ($4.86k), United Kingdom ($4.67k), Estonia ($4.04k), and Belarus ($2.4k).

The fastest growing import markets in Iron or non-alloy steel, primary nes, <99.94% iron for Russia between 2018 and 2019 were China ($11.2k), Germany ($4.86k), and United Kingdom ($4.67k).

Tariffs In 2018, the average tariff for Russia in Iron or non-alloy steel, primary nes, <99.94% iron was 4.77%. The countries with the highest import tariffs for Iron or non-alloy steel, primary nes, <99.94% 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%).

Historical Data

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EXPORTS (2019): $2.14M

IMPORTS (2019): $89.3k

NET TRADE (2019): $2.05M

In 2019, Russia exported $2.14M in Iron or non-alloy steel, primary nes, <99.94% iron. The main destinations of Russia exports on Iron or non-alloy steel, primary nes, <99.94% iron were Kazakhstan ($1.91M), Armenia ($116k), China ($41.8k), Hong Kong ($39k), and Czechia ($23.8k).

In 2019, Russia imported $89.3k in Iron or non-alloy steel, primary nes, <99.94% iron, mainly from China ($71.4k), Germany ($4.86k), United Kingdom ($4.67k), Estonia ($4.04k), and Belarus ($2.4k).

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IN 2019, Russia HAD A POSITIVE NET TRADE IN Iron or non-alloy steel, primary nes, <99.94% iron WITH:

IN 2019, Russia HAD A NEGATIVE NET TRADE IN Iron or non-alloy steel, primary nes, <99.94% iron WITH:: China , -$29.6k ($41.8k - $71.4k)

Flow

THE FASTEST GROWING Iron or non-alloy steel, primary nes, <99.94% iron EXPORT MARKETS FOR Russia WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron or non-alloy steel, primary nes, <99.94% iron BY Russia WERE (2018 - 2019):

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Market Concentration

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In 2019, Russia's main exporting competitors in Iron or non-alloy steel, primary nes, <99.94% iron were:

In 2019, Russia's main importing competitors in Iron or non-alloy steel, primary nes, <99.94% iron were:

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Tariffs by Country

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In 2018, the average tariff for Russia in Iron or non-alloy steel, primary nes, <99.94% iron was 4.77%.

The countries with the highest tariffs for Iron or non-alloy steel, primary nes, <99.94% 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%).