HS Icon Iron Ore in  Flag Russia

2019
Exports | Imports
: $2.19B | $594M, World Rnk 8 / 115
Flag Rnk 23 / 1208 | World Rnk 18 / 130
Flag Rnk 102 / 1210

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $258M | $167M, China |  Kazakhstan

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

2019
PRODUCT COMPLEXITY  IN Iron Ore
: -1.86, Rnk 999 / 1029

Exports In 2019, Russia exported $2.19B in Iron Ore, making it the 8th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 23rd most exported product in Russia. The main destination of Iron Ore exports from Russia are: Ukraine ($565M), China ($474M), Germany ($182M), Finland ($172M), and Vietnam ($134M).

The fastest growing export markets for Iron Ore of Russia between 2018 and 2019 were China ($258M), Ukraine ($131M), and Vietnam ($130M).

Imports In 2019, Russia imported $594M in Iron Ore, becoming the 18th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 102nd most imported product in Russia. Russia imports Iron Ore primarily from: Kazakhstan ($590M), Sweden ($2.45M), Netherlands ($1.45M), South Africa ($131k), and Ukraine ($62.1k).

The fastest growing import markets in Iron Ore for Russia between 2018 and 2019 were Kazakhstan ($167M), Sweden ($1.67M), and Netherlands ($1.45M).

Tariffs In 2018, the average tariff for Russia in Iron Ore was 2.1%. The countries with the highest import tariffs for Iron Ore were Botswana (Russian Generalized System of Preference, 3.75%), Cote d'Ivoire (Russian Generalized System of Preference, 3.75%), Cameroon (Russian Generalized System of Preference, 3.75%), Republic of the Congo (Russian Generalized System of Preference, 3.75%), and Cape Verde (Russian Generalized System of Preference, 3.75%).

June 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (June 2020 - June 2021): $169M, (111%)

IMPORT GROWTH (June 2020 - June 2021): $89.7M, (214%)

MAIN EXPORTER (June 2021): Belgorod Region, $89.2M

MAIN DESTINATION (June 2021): China, $130M

This section shows Iron Ore'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 Iron Ore over time.

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Historical Data

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EXPORTS (2019): $2.19B

IMPORTS (2019): $594M

NET TRADE (2019): $1.6B

In 2019, Russia exported $2.19B in Iron Ore. The main destinations of Russia exports on Iron Ore were Ukraine ($565M), China ($474M), Germany ($182M), Finland ($172M), and Vietnam ($134M).

In 2019, Russia imported $594M in Iron Ore, mainly from Kazakhstan ($590M), Sweden ($2.45M), Netherlands ($1.45M), South Africa ($131k), and Ukraine ($62.1k).

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IN 2019, Russia HAD A POSITIVE NET TRADE IN Iron Ore WITH:

IN 2019, Russia HAD A NEGATIVE NET TRADE IN Iron Ore WITH:

Flow

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

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

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Market Concentration

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Type

In 2019, Russia's main exporting competitors in Iron Ore were:

In 2019, Russia's main importing competitors in Iron Ore were:

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Tariffs by Country

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In 2018, the average tariff for Russia in Iron Ore was 2.1%.

The countries with the highest tariffs for Iron Ore in Russia were Botswana (Russian Generalized System of Preference, 3.75%), Cote d'Ivoire (Russian Generalized System of Preference, 3.75%), Cameroon (Russian Generalized System of Preference, 3.75%), Republic of the Congo (Russian Generalized System of Preference, 3.75%), and Cape Verde (Russian Generalized System of Preference, 3.75%).