2022
Exports | Imports
$5.34B | $1.05kWorld Rnk 1 / 65
Flag Rnk 9 / 4359
World Rnk 98 / 110
Flag Rnk 4367 / 4440
2022
ECONOMIC COMPLEXITY of Russia
0.42Rnk 45 / 124

About

Exports In 2022, Russia exported $5.34B in Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes, making it the 1st largest exporter of Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes in the world. At the same year, Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes was the 9th most exported product in Russia. The main destination of Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes exports from Russia are: China ($1.05B), Turkey ($1.04B), Belgium ($881M), Denmark ($431M), and Italy ($407M).

The fastest growing export markets for Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes of Russia between 2021 and 2022 were China ($1B), Turkey ($690M), and Indonesia ($312M).

Imports In 2022, Russia imported $1.05k in Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes, becoming the 98th largest importer of Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes in the world. At the same year, Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes was the 4367th most imported product in Russia. Russia imports Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes primarily from: Lithuania ($1.05k).

COMPANIES In 2021, leading companies such as IKEA SUPPLY AG (2.66k), ROBERT BOSCH TOOL CORPORATION (1.68k), and PIRELLI TIRE LLC (912) were at the forefront of shipping Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes from Russia to the United States.

Latest Trends

Feb 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 Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes. Countries are shown based on data availability.

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

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes throughout time. Products without a clear unit are excluded.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.34B
IMPORTS (2022)$1.05k
NET TRADE (2022)$5.34B

In 2022, Russia exported $5.34B in Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes. The main destinations of Russia exports on Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes were China ($1.05B), Turkey ($1.04B), Belgium ($881M), Denmark ($431M), and Italy ($407M).

In 2022, Russia imported $1.05k in Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes, mainly from Lithuania ($1.05k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semi-finished bars, iron or non-alloy steel EXPORT MARKETS FOR Russia WERE (2021 - 2022):
China$1B (1.82k%)
Turkey$690M (196%)
Indonesia$312M (349%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semi-finished bars, iron or non-alloy steel BY Russia WERE (2021 - 2022):
Mexico-$2.13B (-100%)
Belgium-$622M (-41.4%)
Chinese Taipei-$430M (-52.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Semi-finished bars, iron or non-alloy steel
Brazil $2.78B
Japan $1.2B
In 2022, Russia's main importing competitors in Semi-finished bars, iron or non-alloy steel

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Trade Value of Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes by Exporters

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