HS Icon Semi-Finished Iron in  Flag Russia

2020
Exports | Imports
: $4.5B | $6.58M, World Rnk 1 / 115
Flag Rnk 9 / 1210 | World Rnk 77 / 177
Flag Rnk 903 / 1205

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $251M | $4.37M, China |  Kazakhstan

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

2020
PRODUCT COMPLEXITY  IN Semi-Finished Iron
: -0.74, Rnk 760 / 1029

Exports In 2020, Russia exported $4.5B in Semi-Finished Iron, making it the 1st largest exporter of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 9th most exported product in Russia. The main destination of Semi-Finished Iron exports from Russia are: Chinese Taipei ($780M), Mexico ($564M), Belgium ($401M), Turkey ($401M), and China ($303M).

The fastest growing export markets for Semi-Finished Iron of Russia between 2019 and 2020 were China ($251M), United Arab Emirates ($119M), and Kenya ($34.3M).

Imports In 2020, Russia imported $6.58M in Semi-Finished Iron, becoming the 77th largest importer of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 903rd most imported product in Russia. Russia imports Semi-Finished Iron primarily from: Kazakhstan ($4.37M), United States ($549k), Germany ($372k), Italy ($265k), and Belarus ($237k).

The fastest growing import markets in Semi-Finished Iron for Russia between 2019 and 2020 were Kazakhstan ($4.37M), Poland ($106k), and Italy ($74.5k).

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Semi-Finished 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): $4.5B

IMPORTS (2020): $6.58M

NET TRADE (2020): $4.49B

In 2020, Russia exported $4.5B in Semi-Finished Iron. The main destinations of Russia exports on Semi-Finished Iron were Chinese Taipei ($780M), Mexico ($564M), Belgium ($401M), Turkey ($401M), and China ($303M).

In 2020, Russia imported $6.58M in Semi-Finished Iron, mainly from Kazakhstan ($4.37M), United States ($549k), Germany ($372k), Italy ($265k), and Belarus ($237k).

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

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

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Market Concentration

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In 2020, Russia's main exporting competitors in Semi-Finished Iron were:

In 2020, Russia's main importing competitors in Semi-Finished Iron were:

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