2022
Exports | Imports
$316k | $10.2kWorld Rnk 41 / 108
Flag Rnk 2805 / 4359
World Rnk 110 / 160
Flag Rnk 4280 / 4440
2022
ECONOMIC COMPLEXITY of Russia
0.42Rnk 45 / 124

About

Exports In 2022, Russia exported $316k in Iron or non-alloy steel, primary nes, <99.94% iron, making it the 41st 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 2805th most exported product in Russia. The main destination of Iron or non-alloy steel, primary nes, <99.94% iron exports from Russia are: Kazakhstan ($213k), Czechia ($102k), and France ($8).

The fastest growing export markets for Iron or non-alloy steel, primary nes, <99.94% iron of Russia between 2021 and 2022 were Kazakhstan ($99.4k), Czechia ($75.9k), and France ($8).

Imports In 2022, Russia imported $10.2k in Iron or non-alloy steel, primary nes, <99.94% iron, becoming the 110th 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 4280th most imported product in Russia. Russia imports Iron or non-alloy steel, primary nes, <99.94% iron primarily from: Lithuania ($7.6k), Kazakhstan ($1.88k), Turkey ($711), Latvia ($8), and Finland ($5).

The fastest growing import markets in Iron or non-alloy steel, primary nes, <99.94% iron for Russia between 2021 and 2022 were Lithuania ($5.39k), Turkey ($711), and Latvia ($8).

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, primary nes, <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, primary nes, <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, primary nes, <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)$316k
IMPORTS (2022)$10.2k
NET TRADE (2022)$306k

In 2022, Russia exported $316k 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 ($213k), Czechia ($102k), and France ($8).

In 2022, Russia imported $10.2k in Iron or non-alloy steel, primary nes, <99.94% iron, mainly from Lithuania ($7.6k), Kazakhstan ($1.88k), Turkey ($711), Latvia ($8), and Finland ($5).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron or non-alloy steel, primary nes, EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Kazakhstan$99.4k (87.2%)
Czechia$75.9k (286%)
France$8 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron or non-alloy steel, primary nes, BY Russia WERE (2021 - 2022):
Armenia-$44.9k (-100%)
United Arab Emirates-$11.1k (-100%)
Belarus-$4.93k (-100%)

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, primary nes,
India $185M
China $35.5M
Belgium $23.1M
In 2022, Russia's main importing competitors in Iron or non-alloy steel, primary nes,
Italy $181M
Germany $46.2M
Latvia $21.9M

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

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