2022
Exports
$31.7kWorld Rnk 45 / 78
Flag Rnk 1128 / 1200
2022
PRODUCT COMPLEXITY IN Hot-Rolled Stainless Steel Bars
1.68Rnk 28 / 1025
2022
Imports
$381kWorld Rnk 50 / 148
Flag Rnk 1103 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $31.7k in Hot-Rolled Stainless Steel Bars, making it the 45th largest exporter of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 1128th most exported product in Russia. The main destination of Hot-Rolled Stainless Steel Bars exports from Russia are: Kazakhstan ($31k) and Armenia ($712).

The fastest growing export markets for Hot-Rolled Stainless Steel Bars of Russia between 2021 and 2022 were Kazakhstan ($28.1k) and Armenia ($712).

Imports In 2022, Russia imported $381k in Hot-Rolled Stainless Steel Bars, becoming the 50th largest importer of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 1103rd most imported product in Russia. Russia imports Hot-Rolled Stainless Steel Bars primarily from: South Korea ($310k), India ($58.4k), Ukraine ($8.29k), Poland ($3.37k), and Austria ($125).

The fastest growing import markets in Hot-Rolled Stainless Steel Bars for Russia between 2021 and 2022 were South Korea ($310k), Ukraine ($8.29k), and Poland ($3.37k).

Latest Trends

Jul 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 Hot-Rolled Stainless Steel 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 (2022)$31.7k
IMPORTS (2022)$381k
NET TRADE (2022)-$349k

In 2022, Russia exported $31.7k in Hot-Rolled Stainless Steel Bars. The main destinations of Russia exports on Hot-Rolled Stainless Steel Bars were Kazakhstan ($31k) and Armenia ($712).

In 2022, Russia imported $381k in Hot-Rolled Stainless Steel Bars, mainly from South Korea ($310k), India ($58.4k), Ukraine ($8.29k), Poland ($3.37k), and Austria ($125).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Stainless Steel Bars EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Kazakhstan$28.1k (978%)
Armenia$712 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Stainless Steel Bars BY Russia WERE (2021 - 2022):
Germany-$26.1k (-100%)
Belarus-$9.34k (-100%)
Ukraine-$6.28k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Hot-Rolled Stainless Steel Bars were:
In 2022, Russia's main importing competitors in Hot-Rolled Stainless Steel Bars were:

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Trade Value of Hot-Rolled Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.34k
TOP IMPORT POTENTIALIndia+ $105k

Hot-Rolled Stainless Steel Bars’s highest export potential is China. With an export gap of $1.34k.   Hot-Rolled Stainless Steel Bars’s highest import potential is India with an import gap of $105k.

See methodology.

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