Exports In 2020, Russia exported $944M in Iron Reductions, making it the 1st largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 37th most exported product in Russia. The main destination of Iron Reductions exports from Russia are: China ($249M), Italy ($199M), Uzbekistan ($92.9M), Belgium ($88.7M), and Belarus ($59.8M).
The fastest growing export markets for Iron Reductions of Russia between 2019 and 2020 were Kuwait ($44.4M), Belgium ($33.5M), and Bangladesh ($30M).
Imports In 2020, Russia imported $44.3k in Iron Reductions, becoming the 84th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 1182nd most imported product in Russia. Russia imports Iron Reductions primarily from: Japan ($15.1k), Lithuania ($10.9k), Kazakhstan ($10.4k), United Kingdom ($5.08k), and Finland ($2.22k).
The fastest growing import markets in Iron Reductions for Russia between 2019 and 2020 were Japan ($15.1k), Lithuania ($9.61k), and United Kingdom ($4.92k).
Tariffs In 2018, the average tariff for Russia in Iron Reductions was 4.77%. The countries with the highest import tariffs for Iron Reductions 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%).