2023
Exports
$22.7MWorld Rnk 26 / 103
Flag Rnk 382 / 1200
2023
PRODUCT COMPLEXITY IN Flat-Rolled Iron
1.13Rnk 135 / 1025
2023
Imports
$21.6MWorld Rnk 37 / 189
Flag Rnk 634 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $22.7M in Flat-Rolled Iron, making it the 26th largest exporter of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 382nd most exported product in Russia. The main destination of Flat-Rolled Iron exports from Russia are: Tunisia ($6.81M), Turkey ($4.76M), Lebanon ($2.6M), Saudi Arabia ($2.5M), and China ($2.43M).

The fastest growing export markets for Flat-Rolled Iron of Russia between 2022 and 2023 were Tunisia ($6.66M), Saudi Arabia ($2.5M), and Lebanon ($1.99M).

Imports In 2023, Russia imported $21.6M in Flat-Rolled Iron, becoming the 37th largest importer of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 634th most imported product in Russia. Russia imports Flat-Rolled Iron primarily from: China ($21.3M), Turkey ($193k), Uzbekistan ($94.8k), India ($40.7k), and Italy ($2.25k).

The fastest growing import markets in Flat-Rolled Iron for Russia between 2022 and 2023 were China ($9.74M), Uzbekistan ($42.6k), and Switzerland ($1.74k).

Latest Trends

Jan 2025

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 Flat-Rolled 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

Trade Balance

Color
EXPORTS (2023)$22.7M
IMPORTS (2023)$21.6M
NET TRADE (2023)$1.08M

In 2023, Russia exported $22.7M in Flat-Rolled Iron. The main destinations of Russia exports on Flat-Rolled Iron were Tunisia ($6.81M), Turkey ($4.76M), Lebanon ($2.6M), Saudi Arabia ($2.5M), and China ($2.43M).

In 2023, Russia imported $21.6M in Flat-Rolled Iron, mainly from China ($21.3M), Turkey ($193k), Uzbekistan ($94.8k), India ($40.7k), and Italy ($2.25k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Flat-Rolled Iron EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Tunisia$6.66M (4.59k%)
Saudi Arabia$2.5M (1%)
Lebanon$1.99M (328%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Iron BY Russia WERE (2022 - 2023):
Italy-$20M (-100%)
Turkey-$6.64M (-58.2%)
Poland-$6.46M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Flat-Rolled Iron were:
In 2023, Russia's main importing competitors in Flat-Rolled Iron were:

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Trade Value of Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $1.95M
TOP IMPORT POTENTIALChina+ $3.48M

Flat-Rolled Iron’s highest export potential is Poland. With an export gap of $1.95M.   Flat-Rolled Iron’s highest import potential is China with an import gap of $3.48M.

See methodology.

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