2022
Exports
$318MWorld Rnk 32 / 222
Flag Rnk 94 / 1200
2022
PRODUCT COMPLEXITY IN Other Iron Products
0.8Rnk 243 / 1025
2022
Imports
$467MWorld Rnk 37 / 225
Flag Rnk 108 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $318M in Other Iron Products, making it the 32nd largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 94th most exported product in Russia. The main destination of Other Iron Products exports from Russia are: Kazakhstan ($148M), China ($45.6M), Egypt ($18.7M), Armenia ($17.3M), and Uzbekistan ($11.8M).

The fastest growing export markets for Other Iron Products of Russia between 2021 and 2022 were Kazakhstan ($55.8M), China ($39.8M), and Egypt ($17.1M).

Imports In 2022, Russia imported $467M in Other Iron Products, becoming the 37th largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 108th most imported product in Russia. Russia imports Other Iron Products primarily from: China ($186M), Italy ($43M), Germany ($40.7M), Poland ($27.4M), and Turkey ($22.9M).

The fastest growing import markets in Other Iron Products for Russia between 2021 and 2022 were Kazakhstan ($9.53M), Latvia ($5.52M), and Turkey ($4.19M).

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 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)$318M
IMPORTS (2022)$467M
NET TRADE (2022)-$150M

In 2022, Russia exported $318M in Other Iron Products. The main destinations of Russia exports on Other Iron Products were Kazakhstan ($148M), China ($45.6M), Egypt ($18.7M), Armenia ($17.3M), and Uzbekistan ($11.8M).

In 2022, Russia imported $467M in Other Iron Products, mainly from China ($186M), Italy ($43M), Germany ($40.7M), Poland ($27.4M), and Turkey ($22.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Products EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Kazakhstan$55.8M (60.2%)
China$39.8M (685%)
Egypt$17.1M (1.08k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Products BY Russia WERE (2021 - 2022):
Belarus-$56.1M (-100%)
Ukraine-$24.9M (-86.6%)
India-$11.1M (-89.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Other Iron Products were:
In 2022, Russia's main importing competitors in Other Iron Products were:

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Trade Value of Other Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $30.7M
TOP IMPORT POTENTIALChina+ $145M

Other Iron Products’s highest export potential is China. With an export gap of $30.7M.   Other Iron Products’s highest import potential is China with an import gap of $145M.

See methodology.

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