HS Icon Scrap Iron in  Flag Russia

2021
Exports | Imports
: $1.88B | $280M, World Rnk 9 / 212
Flag Rnk 27 / 1209 | World Rnk 31 / 179
Flag Rnk 219 / 1206

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $148M | $158M, South Korea |  Kazakhstan

2021
ECONOMIC COMPLEXITY of Russia
: 0.46, Rnk 45 / 131

2021
PRODUCT COMPLEXITY IN Scrap Iron
: -0.47, Rnk 691 / 1029

Exports In 2021, Russia exported $1.88B in Scrap Iron, making it the 9th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 27th most exported product in Russia. The main destination of Scrap Iron exports from Russia are: Turkey ($727M), Belarus ($398M), South Korea ($282M), Finland ($86.5M), and Lithuania ($67.6M).

The fastest growing export markets for Scrap Iron of Russia between 2020 and 2021 were South Korea ($148M), Belarus ($140M), and Turkey ($100M).

Imports In 2021, Russia imported $280M in Scrap Iron, becoming the 31st largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 219th most imported product in Russia. Russia imports Scrap Iron primarily from: Kazakhstan ($253M), Kyrgyzstan ($22M), United States ($2.21M), Armenia ($849k), and Belarus ($744k).

The fastest growing import markets in Scrap Iron for Russia between 2020 and 2021 were Kazakhstan ($158M), Kyrgyzstan ($18M), and Armenia ($487k).

Apr 2023

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Scrap 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 (2021): $1.88B

IMPORTS (2021): $280M

NET TRADE (2021): $1.6B

In 2021, Russia exported $1.88B in Scrap Iron. The main destinations of Russia exports on Scrap Iron were Turkey ($727M), Belarus ($398M), South Korea ($282M), Finland ($86.5M), and Lithuania ($67.6M).

In 2021, Russia imported $280M in Scrap Iron, mainly from Kazakhstan ($253M), Kyrgyzstan ($22M), United States ($2.21M), Armenia ($849k), and Belarus ($744k).

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Flow

THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Russia WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Russia WERE (2020 - 2021):

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Market Concentration

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In 2021, Russia's main exporting competitors in Scrap Iron were:

In 2021, Russia's main importing competitors in Scrap Iron were:

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