Exports In 2018, Russia exported $1.42B in Iron Ore, making it the 15th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 28th most exported product in Russia. The main destination of Iron Ore exports from Russia are: China ($869M), Germany ($201M), Turkey ($70.1M), Slovakia ($64.5M), and Serbia ($43.4M).
The fastest growing export markets for Iron Ore of Russia between 2021 and 2022 were South Korea ($13.6M), Tajikistan ($532k), and Latvia ($451k).
Imports In 2022, Russia imported $256M in Iron Ore, becoming the 36th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 191st most imported product in Russia. Russia imports Iron Ore primarily from: Kazakhstan ($256M), Turkey ($83.5k), Germany ($29.5k), South Africa ($18k), and Poland ($15.1k).
The fastest growing import markets in Iron Ore for Russia between 2021 and 2022 were Turkey ($72.3k), Germany ($25.9k), and Poland ($15.1k).