2023
Exports
$3.9MWorld Rnk 42 / 145
Flag Rnk 651 / 1200
2023
PRODUCT COMPLEXITY IN Other Stainless Steel Bars
1.41Rnk 62 / 1025
2023
Imports
$96.1MWorld Rnk 23 / 217
Flag Rnk 355 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $3.9M in Other Stainless Steel Bars, making it the 42nd largest exporter of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 651st most exported product in Russia. The main destination of Other Stainless Steel Bars exports from Russia are: Kazakhstan ($2.39M), Uzbekistan ($679k), China ($559k), Austria ($87.3k), and Azerbaijan ($51.7k).

The fastest growing export markets for Other Stainless Steel Bars of Russia between 2022 and 2023 were China ($15.8k), India ($7.56k), and United Arab Emirates ($5.68k).

Imports In 2023, Russia imported $96.1M in Other Stainless Steel Bars, becoming the 23rd largest importer of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 355th most imported product in Russia. Russia imports Other Stainless Steel Bars primarily from: China ($48.4M), India ($39.6M), Turkey ($1.88M), Germany ($1.68M), and Kazakhstan ($990k).

The fastest growing import markets in Other Stainless Steel Bars for Russia between 2022 and 2023 were China ($18.8M), India ($14.9M), and Kazakhstan ($621k).

Latest Trends

Dec 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 Stainless Steel Bars. 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 (2023)$3.9M
IMPORTS (2023)$96.1M
NET TRADE (2023)-$92.2M

In 2023, Russia exported $3.9M in Other Stainless Steel Bars. The main destinations of Russia exports on Other Stainless Steel Bars were Kazakhstan ($2.39M), Uzbekistan ($679k), China ($559k), Austria ($87.3k), and Azerbaijan ($51.7k).

In 2023, Russia imported $96.1M in Other Stainless Steel Bars, mainly from China ($48.4M), India ($39.6M), Turkey ($1.88M), Germany ($1.68M), and Kazakhstan ($990k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Stainless Steel Bars EXPORT MARKETS FOR Russia WERE (2022 - 2023):
China$15.8k (2.9%)
India$7.56k (1%)
United Arab Emirates$5.68k (37.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Stainless Steel Bars BY Russia WERE (2022 - 2023):
Kazakhstan-$789k (-24.8%)
Ukraine-$675k (-100%)
Turkey-$282k (-89.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Other Stainless Steel Bars were:
Italy $1.41B
India $1.21B
In 2023, Russia's main importing competitors in Other Stainless Steel Bars were:

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Trade Value of Other Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $760k
TOP IMPORT POTENTIALIndia+ $8.68M

Other Stainless Steel Bars’s highest export potential is China. With an export gap of $760k.   Other Stainless Steel Bars’s highest import potential is India with an import gap of $8.68M.

See methodology.

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