2023
Exports
$139MWorld Rnk 23 / 149
Flag Rnk 137 / 1200
2023
PRODUCT COMPLEXITY IN Other Steel Bars
0.32Rnk 450 / 1025
2023
Imports
$46.9MWorld Rnk 47 / 213
Flag Rnk 484 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $139M in Other Steel Bars, making it the 23rd largest exporter of Other Steel Bars in the world. At the same year, Other Steel Bars was the 137th most exported product in Russia. The main destination of Other Steel Bars exports from Russia are: Kazakhstan ($64M), Turkey ($32.6M), Uzbekistan ($26.9M), Israel ($5.41M), and Lebanon ($4.42M).

The fastest growing export markets for Other Steel Bars of Russia between 2022 and 2023 were Uzbekistan ($7M), Israel ($5.41M), and Lebanon ($3.8M).

Imports In 2023, Russia imported $46.9M in Other Steel Bars, becoming the 47th largest importer of Other Steel Bars in the world. At the same year, Other Steel Bars was the 484th most imported product in Russia. Russia imports Other Steel Bars primarily from: China ($33.7M), Turkey ($4.49M), Kazakhstan ($3.53M), Germany ($2.3M), and Serbia ($1.72M).

The fastest growing import markets in Other Steel Bars for Russia between 2022 and 2023 were China ($15M), Kazakhstan ($3.24M), and Serbia ($1.71M).

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 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)$139M
IMPORTS (2023)$46.9M
NET TRADE (2023)$91.8M

In 2023, Russia exported $139M in Other Steel Bars. The main destinations of Russia exports on Other Steel Bars were Kazakhstan ($64M), Turkey ($32.6M), Uzbekistan ($26.9M), Israel ($5.41M), and Lebanon ($4.42M).

In 2023, Russia imported $46.9M in Other Steel Bars, mainly from China ($33.7M), Turkey ($4.49M), Kazakhstan ($3.53M), Germany ($2.3M), and Serbia ($1.72M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Steel Bars EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Uzbekistan$7M (35.2%)
Israel$5.41M (1%)
Lebanon$3.8M (609%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Steel Bars BY Russia WERE (2022 - 2023):
Lithuania-$52.4M (-100%)
Kazakhstan-$34.4M (-35%)
Germany-$26.3M (-93.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Other Steel Bars were:
China $3.16B
Germany $1.62B
Japan $940M
In 2023, Russia's main importing competitors in Other Steel Bars were:

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Trade Value of Other Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $12.7M
TOP IMPORT POTENTIALChina+ $14.6M

Other Steel Bars’s highest export potential is Germany. With an export gap of $12.7M.   Other Steel Bars’s highest import potential is China with an import gap of $14.6M.

See methodology.

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