2023
Exports
$107MWorld Rnk 35 / 176
Flag Rnk 160 / 1200
2023
PRODUCT COMPLEXITY IN Aluminium Bars
-0.075Rnk 584 / 1025
2023
Imports
$83.1MWorld Rnk 44 / 217
Flag Rnk 384 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $107M in Aluminium Bars, making it the 35th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 160th most exported product in Russia. The main destination of Aluminium Bars exports from Russia are: Germany ($27M), Kazakhstan ($19M), Turkey ($7.23M), Slovakia ($5.95M), and Italy ($5.89M).

The fastest growing export markets for Aluminium Bars of Russia between 2022 and 2023 were Israel ($1.02M), China ($971k), and Slovakia ($947k).

Imports In 2023, Russia imported $83.1M in Aluminium Bars, becoming the 44th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 384th most imported product in Russia. Russia imports Aluminium Bars primarily from: China ($50.6M), Italy ($6.27M), Germany ($6.26M), Turkey ($5.86M), and Poland ($4.89M).

The fastest growing import markets in Aluminium Bars for Russia between 2022 and 2023 were China ($12.1M), Italy ($1.57M), and Kazakhstan ($1.15M).

Latest Trends

Dec 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 Aluminium Bars. 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 (2023)$107M
IMPORTS (2023)$83.1M
NET TRADE (2023)$23.4M

In 2023, Russia exported $107M in Aluminium Bars. The main destinations of Russia exports on Aluminium Bars were Germany ($27M), Kazakhstan ($19M), Turkey ($7.23M), Slovakia ($5.95M), and Italy ($5.89M).

In 2023, Russia imported $83.1M in Aluminium Bars, mainly from China ($50.6M), Italy ($6.27M), Germany ($6.26M), Turkey ($5.86M), and Poland ($4.89M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Israel$1.02M (976%)
China$971k (37.7%)
Slovakia$947k (18.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Russia WERE (2022 - 2023):
Germany-$58.6M (-68.5%)
Poland-$20.1M (-88.1%)
United States-$11.2M (-98.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Aluminium Bars were:
China $3.08B
Turkey $1.85B
In 2023, Russia's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $14.6M
TOP IMPORT POTENTIALChina+ $22.8M

Aluminium Bars’s highest export potential is Germany. With an export gap of $14.6M.   Aluminium Bars’s highest import potential is China with an import gap of $22.8M.

See methodology.

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