HS Icon Pig Iron in  Flag Russia

2020
Exports | Imports
: $1.34B | $2.54M, World Rnk 1 / 80
Flag Rnk 24 / 1210 | World Rnk 44 / 137
Flag Rnk 1015 / 1205

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $122M | $136, China |  Turkey

2020
ECONOMIC COMPLEXITY of Russia
: 0.5, Rnk 43 / 127

2020
PRODUCT COMPLEXITY  IN Pig Iron
: -0.91, Rnk 809 / 1029

Exports In 2020, Russia exported $1.34B in Pig Iron, making it the 1st largest exporter of Pig Iron in the world. At the same year, Pig Iron was the 24th most exported product in Russia. The main destination of Pig Iron exports from Russia are: United States ($426M), Turkey ($329M), China ($230M), Italy ($207M), and Poland ($30.1M).

The fastest growing export markets for Pig Iron of Russia between 2019 and 2020 were China ($122M), Turkey ($92.4M), and Sweden ($1.77M).

Imports In 2020, Russia imported $2.54M in Pig Iron, becoming the 44th largest importer of Pig Iron in the world. At the same year, Pig Iron was the 1015th most imported product in Russia. Russia imports Pig Iron primarily from: Ukraine ($2.17M), Germany ($234k), Belarus ($118k), Kazakhstan ($23.8k), and Turkey ($136).

The fastest growing import markets in Pig Iron for Russia between 2019 and 2020 were Turkey ($136) and Poland ($6).

Tariffs In 2018, the average tariff for Russia in Pig Iron was 4.77%. The countries with the highest import tariffs for Pig Iron were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).

Subnational Monthly Trade

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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.

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Historical Data

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EXPORTS (2020): $1.34B

IMPORTS (2020): $2.54M

NET TRADE (2020): $1.34B

In 2020, Russia exported $1.34B in Pig Iron. The main destinations of Russia exports on Pig Iron were United States ($426M), Turkey ($329M), China ($230M), Italy ($207M), and Poland ($30.1M).

In 2020, Russia imported $2.54M in Pig Iron, mainly from Ukraine ($2.17M), Germany ($234k), Belarus ($118k), Kazakhstan ($23.8k), and Turkey ($136).

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Flow

THE FASTEST GROWING Pig Iron EXPORT MARKETS FOR Russia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Iron BY Russia WERE (2019 - 2020):

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Market Concentration

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In 2020, Russia's main exporting competitors in Pig Iron were:

In 2020, Russia's main importing competitors in Pig Iron were:

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