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

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

2020
PRODUCT COMPLEXITY  IN Steel Wire
: 1.13, Rnk 136 / 1029

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%).

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on 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

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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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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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In 2020, Russia's main exporting competitors in Steel Wire were:

In 2020, Russia's main importing competitors in Steel Wire were:

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