2022
Exports | Imports
$1.78B | $82kWorld Rnk 2 / 92
Flag Rnk 23 / 1200
World Rnk 87 / 141
Flag Rnk 1154 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.42Rnk 45 / 124
2022
PRODUCT COMPLEXITY IN Pig Iron
-1.18Rnk 876 / 1025

About

Exports In 2022, Russia exported $1.78B in Pig Iron, making it the 2nd largest exporter of Pig Iron in the world. At the same year, Pig Iron was the 23rd most exported product in Russia. The main destination of Pig Iron exports from Russia are: Italy ($469M), Turkey ($457M), United States ($362M), China ($164M), and Chinese Taipei ($71.7M).

The fastest growing export markets for Pig Iron of Russia between 2021 and 2022 were Italy ($284M), Turkey ($94.2M), and Chinese Taipei ($46M).

Imports In 2022, Russia imported $82k in Pig Iron, becoming the 87th largest importer of Pig Iron in the world. At the same year, Pig Iron was the 1154th most imported product in Russia. Russia imports Pig Iron primarily from: Kazakhstan ($81.9k) and South Korea ($105).

The fastest growing import markets in Pig Iron for Russia between 2021 and 2022 were Kazakhstan ($81.9k) and South Korea ($105).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Pig Iron from Russia to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

View
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 Pig Iron. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.78B
IMPORTS (2022)$82k
NET TRADE (2022)$1.78B

In 2022, Russia exported $1.78B in Pig Iron. The main destinations of Russia exports on Pig Iron were Italy ($469M), Turkey ($457M), United States ($362M), China ($164M), and Chinese Taipei ($71.7M).

In 2022, Russia imported $82k in Pig Iron, mainly from Kazakhstan ($81.9k) and South Korea ($105).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pig Iron EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Italy$284M (154%)
Turkey$94.2M (26%)
Chinese Taipei$46M (179%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Iron BY Russia WERE (2021 - 2022):
United States-$629M (-63.5%)
Belarus-$61.7M (-100%)
Germany-$16.5M (-47.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Pig Iron by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with