HS Icon Steel Wire in  Flag Russia

2020
Exports | Imports
: $67.4M | $63.4M, World Rnk 10 / 106
Flag Rnk 287 / 1210 | World Rnk 7 / 201
Flag Rnk 489 / 1205

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $29.1M | $436k, Poland |  Netherlands


ECONOMIC COMPLEXITY of Russia
: 0.5, Rnk 43 / 127


PRODUCT COMPLEXITY  IN Steel Wire
: 1.21, Rnk 113 / 1028

Exports In 2020, Russia exported $67.4M in Steel Wire, making it the 10th largest exporter of Steel Wire in the world. At the same year, Steel Wire was the 287th most exported product in Russia. The main destination of Steel Wire exports from Russia are: Poland ($29.1M), Germany ($11.6M), Belarus ($4.42M), Czechia ($3.48M), and Lithuania ($2.52M).

The fastest growing export markets for Steel Wire of Russia between 2019 and 2020 were Poland ($29.1M), Germany ($11.4M), and Czechia ($3.46M).

Imports In 2020, Russia imported $63.4M in Steel Wire, becoming the 7th largest importer of Steel Wire in the world. At the same year, Steel Wire was the 489th most imported product in Russia. Russia imports Steel Wire primarily from: China ($30.5M), Belarus ($10.9M), Czechia ($8.25M), Turkey ($3.25M), and Vietnam ($2.26M).

The fastest growing import markets in Steel Wire for Russia between 2019 and 2020 were Netherlands ($436k), Austria ($247k), and United States ($165k).

Tariffs In 2018, the average tariff for Russia in Steel Wire was 4.77%. The countries with the highest import tariffs for Steel Wire 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%).

January 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (January 2021 - January 2022): $12.4M, (192%)

IMPORT GROWTH (January 2021 - January 2022): $2.94M, (56.2%)

MAIN EXPORTER (January 2022): Vologda Region, $7.1M

MAIN DESTINATION (January 2022): Poland, $7.49M

This section shows Steel Wire's exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Steel Wire over time.

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Historical Data

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EXPORTS (2020): $67.4M

IMPORTS (2020): $63.4M

NET TRADE (2020): $4M

In 2020, Russia exported $67.4M in Steel Wire. The main destinations of Russia exports on Steel Wire were Poland ($29.1M), Germany ($11.6M), Belarus ($4.42M), Czechia ($3.48M), and Lithuania ($2.52M).

In 2020, Russia imported $63.4M in Steel Wire, mainly from China ($30.5M), Belarus ($10.9M), Czechia ($8.25M), Turkey ($3.25M), and Vietnam ($2.26M).

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IN 2020, Russia HAD A POSITIVE NET TRADE IN Steel Wire WITH:

IN 2020, Russia HAD A NEGATIVE NET TRADE IN Steel Wire WITH:

Flow

THE FASTEST GROWING Steel Wire EXPORT MARKETS FOR Russia WERE (2019 - 2020):

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

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Market Concentration

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Flow
Type

In 2019, Russia's main exporting competitors in Steel Wire were:

In 2019, Russia's main importing competitors in Steel Wire were:

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Tariffs by Country

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In 2018, the average tariff for Russia in Steel Wire was 4.77%.

The countries with the highest tariffs for Steel Wire in Russia 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%).