2023
Exports
$15.2MWorld Rnk 38 / 177
Flag Rnk 445 / 1200
2023
PRODUCT COMPLEXITY IN Iron Cloth
0.0073Rnk 555 / 1025
2023
Imports
$34.3MWorld Rnk 41 / 224
Flag Rnk 547 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $15.2M in Iron Cloth, making it the 38th largest exporter of Iron Cloth in the world. At the same year, Iron Cloth was the 445th most exported product in Russia. The main destination of Iron Cloth exports from Russia are: Kazakhstan ($7.35M), Georgia ($2.8M), Uzbekistan ($1.61M), Egypt ($1.4M), and Armenia ($723k).

The fastest growing export markets for Iron Cloth of Russia between 2022 and 2023 were Georgia ($2.63M), Egypt ($1.3M), and Uzbekistan ($1.22M).

Imports In 2023, Russia imported $34.3M in Iron Cloth, becoming the 41st largest importer of Iron Cloth in the world. At the same year, Iron Cloth was the 547th most imported product in Russia. Russia imports Iron Cloth primarily from: China ($26.3M), Kazakhstan ($2.76M), Austria ($1.38M), Turkey ($784k), and Kyrgyzstan ($717k).

The fastest growing import markets in Iron Cloth for Russia between 2022 and 2023 were China ($1.53M), Kazakhstan ($700k), and Kyrgyzstan ($677k).

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 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 (2023)$15.2M
IMPORTS (2023)$34.3M
NET TRADE (2023)-$19.1M

In 2023, Russia exported $15.2M in Iron Cloth. The main destinations of Russia exports on Iron Cloth were Kazakhstan ($7.35M), Georgia ($2.8M), Uzbekistan ($1.61M), Egypt ($1.4M), and Armenia ($723k).

In 2023, Russia imported $34.3M in Iron Cloth, mainly from China ($26.3M), Kazakhstan ($2.76M), Austria ($1.38M), Turkey ($784k), and Kyrgyzstan ($717k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Cloth EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Georgia$2.63M (1.5k%)
Egypt$1.3M (1.3k%)
Uzbekistan$1.22M (312%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Cloth BY Russia WERE (2022 - 2023):
Italy-$3.21M (-99%)
Finland-$2.34M (-100%)
Estonia-$1.3M (-99.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Iron Cloth were:
China $1.49B
Italy $505M
In 2023, 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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