2023
Exports
$34.8kWorld Rnk 44 / 78
Flag Rnk 1109 / 1200
2023
PRODUCT COMPLEXITY IN Hot-Rolled Stainless Steel Bars
1.66Rnk 26 / 1025
2023
Imports
$266kWorld Rnk 60 / 152
Flag Rnk 1098 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $34.8k in Hot-Rolled Stainless Steel Bars, making it the 44th largest exporter of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 1109th most exported product in Russia. The main destination of Hot-Rolled Stainless Steel Bars exports from Russia are: India ($25.1k), Uzbekistan ($5.33k), Armenia ($3.23k), and Kazakhstan ($1.16k).

The fastest growing export markets for Hot-Rolled Stainless Steel Bars of Russia between 2022 and 2023 were India ($25.1k), Uzbekistan ($5.33k), and Armenia ($2.48k).

Imports In 2023, Russia imported $266k in Hot-Rolled Stainless Steel Bars, becoming the 60th largest importer of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 1098th most imported product in Russia. Russia imports Hot-Rolled Stainless Steel Bars primarily from: India ($190k), Estonia ($76.5k), and China ($148).

The fastest growing import markets in Hot-Rolled Stainless Steel Bars for Russia between 2022 and 2023 were India ($131k), Estonia ($76.5k), and China ($148).

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 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 (2023)$34.8k
IMPORTS (2023)$266k
NET TRADE (2023)-$232k

In 2023, Russia exported $34.8k in Hot-Rolled Stainless Steel Bars. The main destinations of Russia exports on Hot-Rolled Stainless Steel Bars were India ($25.1k), Uzbekistan ($5.33k), Armenia ($3.23k), and Kazakhstan ($1.16k).

In 2023, Russia imported $266k in Hot-Rolled Stainless Steel Bars, mainly from India ($190k), Estonia ($76.5k), and China ($148).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Stainless Steel Bars EXPORT MARKETS FOR Russia WERE (2022 - 2023):
India$25.1k (1%)
Uzbekistan$5.33k (1%)
Armenia$2.48k (333%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Stainless Steel Bars BY Russia WERE (2022 - 2023):
Ghana-$5.23M (-100%)
Kazakhstan-$31k (-96.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Hot-Rolled Stainless Steel Bars were:
In 2023, 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
View
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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