Exports In 2020, Russia exported $29.6M in Magnesium, making it the 9th largest exporter of Magnesium in the world. At the same year, Magnesium was the 425th most exported product in Russia. The main destination of Magnesium exports from Russia are: United States ($18.7M), Brazil ($2.54M), Kazakhstan ($2.25M), Netherlands ($976k), and France ($814k).
The fastest growing export markets for Magnesium of Russia between 2019 and 2020 were United States ($9.68M), Brazil ($2.54M), and Kazakhstan ($1.08M).
Imports In 2020, Russia imported $22.5M in Magnesium, becoming the 21st largest importer of Magnesium in the world. At the same year, Magnesium was the 688th most imported product in Russia. Russia imports Magnesium primarily from: China ($21.8M), United Kingdom ($167k), Denmark ($116k), Bulgaria ($109k), and Germany ($74.6k).
The fastest growing import markets in Magnesium for Russia between 2019 and 2020 were China ($5.1M), United Kingdom ($162k), and Belarus ($24.7k).
Tariffs In 2018, the average tariff for Russia in Magnesium was 10.7%. The countries with the highest import tariffs for Magnesium were Angola (Most Favoured Nation duty rate treatement, 11.2%), Burundi (Most Favoured Nation duty rate treatement, 11.2%), Benin (Most Favoured Nation duty rate treatement, 11.2%), Burkina Faso (Most Favoured Nation duty rate treatement, 11.2%), and Botswana (Most Favoured Nation duty rate treatement, 11.2%).