2022
Exports
$2.84MWorld Rnk 38 / 126
Flag Rnk 730 / 1200
2022
PRODUCT COMPLEXITY IN Stainless Steel Wire
1.38Rnk 74 / 1025
2022
Imports
$56.5MWorld Rnk 16 / 202
Flag Rnk 470 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $2.84M in Stainless Steel Wire, making it the 38th largest exporter of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 730th most exported product in Russia. The main destination of Stainless Steel Wire exports from Russia are: Turkey ($747k), Kazakhstan ($630k), India ($497k), Latvia ($394k), and Egypt ($381k).

The fastest growing export markets for Stainless Steel Wire of Russia between 2021 and 2022 were Turkey ($602k), Egypt ($377k), and Kazakhstan ($303k).

Imports In 2022, Russia imported $56.5M in Stainless Steel Wire, becoming the 16th largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 470th most imported product in Russia. Russia imports Stainless Steel Wire primarily from: India ($28.2M), China ($21M), Kazakhstan ($1.48M), Germany ($1.3M), and Turkey ($991k).

The fastest growing import markets in Stainless Steel Wire for Russia between 2021 and 2022 were China ($14.4M), India ($3.47M), and Kazakhstan ($1.46M).

Latest Trends

Nov 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 Stainless Steel Wire. 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

Trade Balance

Color
EXPORTS (2022)$2.84M
IMPORTS (2022)$56.5M
NET TRADE (2022)-$53.6M

In 2022, Russia exported $2.84M in Stainless Steel Wire. The main destinations of Russia exports on Stainless Steel Wire were Turkey ($747k), Kazakhstan ($630k), India ($497k), Latvia ($394k), and Egypt ($381k).

In 2022, Russia imported $56.5M in Stainless Steel Wire, mainly from India ($28.2M), China ($21M), Kazakhstan ($1.48M), Germany ($1.3M), and Turkey ($991k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Wire EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Turkey$602k (418%)
Egypt$377k (9.25k%)
Kazakhstan$303k (92.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Wire BY Russia WERE (2021 - 2022):
India-$840k (-62.8%)
Ukraine-$746k (-100%)
Belarus-$639k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Stainless Steel Wire were:
In 2022, Russia's main importing competitors in Stainless Steel Wire were:

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Trade Value of Stainless Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $176k
TOP IMPORT POTENTIALChina+ $6.95M

Stainless Steel Wire’s highest export potential is Turkey. With an export gap of $176k.   Stainless Steel Wire’s highest import potential is China with an import gap of $6.95M.

See methodology.

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