2022
Exports
$17.5MWorld Rnk 40 / 179
Flag Rnk 462 / 1200
2022
PRODUCT COMPLEXITY IN Iron Cloth
-0.056Rnk 564 / 1025
2022
Imports
$37.2MWorld Rnk 47 / 221
Flag Rnk 541 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $17.5M in Iron Cloth, making it the 40th largest exporter of Iron Cloth in the world. At the same year, Iron Cloth was the 462nd most exported product in Russia. The main destination of Iron Cloth exports from Russia are: Kazakhstan ($6.05M), Italy ($3.02M), Finland ($2.19M), Estonia ($1.23M), and Lithuania ($899k).

The fastest growing export markets for Iron Cloth of Russia between 2021 and 2022 were Tajikistan ($378k), Italy ($164k), and Austria ($150k).

Imports In 2022, Russia imported $37.2M in Iron Cloth, becoming the 47th largest importer of Iron Cloth in the world. At the same year, Iron Cloth was the 541st most imported product in Russia. Russia imports Iron Cloth primarily from: China ($24.8M), Austria ($3.05M), Germany ($2.2M), Kazakhstan ($2.06M), and Norway ($955k).

The fastest growing import markets in Iron Cloth for Russia between 2021 and 2022 were China ($5.66M), Austria ($2.39M), and Kazakhstan ($1.04M).

Latest Trends

Oct 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 Iron Cloth. 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)$17.5M
IMPORTS (2022)$37.2M
NET TRADE (2022)-$19.7M

In 2022, Russia exported $17.5M in Iron Cloth. The main destinations of Russia exports on Iron Cloth were Kazakhstan ($6.05M), Italy ($3.02M), Finland ($2.19M), Estonia ($1.23M), and Lithuania ($899k).

In 2022, Russia imported $37.2M in Iron Cloth, mainly from China ($24.8M), Austria ($3.05M), Germany ($2.2M), Kazakhstan ($2.06M), and Norway ($955k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Cloth EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Tajikistan$378k (992%)
Italy$164k (5.72%)
Austria$150k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Cloth BY Russia WERE (2021 - 2022):
Belarus-$7.8M (-100%)
Latvia-$2.41M (-82.7%)
Kazakhstan-$2.08M (-25.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Iron Cloth were:
China $2.36B
Italy $728M
In 2022, Russia's main importing competitors in Iron Cloth were:

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Trade Value of Iron Cloth by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $419k
TOP IMPORT POTENTIALChina+ $14.2M

Iron Cloth’s highest export potential is Italy. With an export gap of $419k.   Iron Cloth’s highest import potential is China with an import gap of $14.2M.

See methodology.

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