2022
Exports
$20.6MWorld Rnk 42 / 169
Flag Rnk 437 / 1200
2022
PRODUCT COMPLEXITY IN Other Cast Iron Products
0.34Rnk 425 / 1025
2022
Imports
$85.3MWorld Rnk 25 / 217
Flag Rnk 386 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $20.6M in Other Cast Iron Products, making it the 42nd largest exporter of Other Cast Iron Products in the world. At the same year, Other Cast Iron Products was the 437th most exported product in Russia. The main destination of Other Cast Iron Products exports from Russia are: Kazakhstan ($10.8M), Armenia ($2.15M), Kyrgyzstan ($1.74M), Poland ($1.18M), and Uzbekistan ($1.09M).

The fastest growing export markets for Other Cast Iron Products of Russia between 2021 and 2022 were Kazakhstan ($4.48M), Kyrgyzstan ($1.69M), and Armenia ($1.67M).

Imports In 2022, Russia imported $85.3M in Other Cast Iron Products, becoming the 25th largest importer of Other Cast Iron Products in the world. At the same year, Other Cast Iron Products was the 386th most imported product in Russia. Russia imports Other Cast Iron Products primarily from: China ($37.2M), Kazakhstan ($17.2M), India ($6.96M), Japan ($3.76M), and Azerbaijan ($3.65M).

The fastest growing import markets in Other Cast Iron Products for Russia between 2021 and 2022 were China ($9.53M), Kazakhstan ($3.99M), and Azerbaijan ($1.02M).

Latest Trends

Jul 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 Other Cast Iron Products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20.6M
IMPORTS (2022)$85.3M
NET TRADE (2022)-$64.7M

In 2022, Russia exported $20.6M in Other Cast Iron Products. The main destinations of Russia exports on Other Cast Iron Products were Kazakhstan ($10.8M), Armenia ($2.15M), Kyrgyzstan ($1.74M), Poland ($1.18M), and Uzbekistan ($1.09M).

In 2022, Russia imported $85.3M in Other Cast Iron Products, mainly from China ($37.2M), Kazakhstan ($17.2M), India ($6.96M), Japan ($3.76M), and Azerbaijan ($3.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Cast Iron Products EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Kazakhstan$4.48M (71.1%)
Kyrgyzstan$1.69M (3.12k%)
Armenia$1.67M (349%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cast Iron Products BY Russia WERE (2021 - 2022):
Belarus-$11.4M (-100%)
Bangladesh-$2.28M (-100%)
Ukraine-$1.5M (-86.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Other Cast Iron Products were:
China $1.55B
India $1.22B
In 2022, Russia's main importing competitors in Other Cast Iron Products were:

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Trade Value of Other Cast Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $1.08M
TOP IMPORT POTENTIALChina+ $18.1M

Other Cast Iron Products’s highest export potential is Poland. With an export gap of $1.08M.   Other Cast Iron Products’s highest import potential is China with an import gap of $18.1M.

See methodology.

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