2022
Exports
$625MWorld Rnk 13 / 187
Flag Rnk 51 / 1200
2022
PRODUCT COMPLEXITY IN Iron Pipes
-0.034Rnk 558 / 1025
2022
Imports
$396MWorld Rnk 27 / 221
Flag Rnk 127 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $625M in Iron Pipes, making it the 13th largest exporter of Iron Pipes in the world. At the same year, Iron Pipes was the 51st most exported product in Russia. The main destination of Iron Pipes exports from Russia are: Kazakhstan ($188M), Kuwait ($124M), Uzbekistan ($112M), Turkey ($64.6M), and Azerbaijan ($23.6M).

The fastest growing export markets for Iron Pipes of Russia between 2021 and 2022 were Kuwait ($115M), Kazakhstan ($33.6M), and Uzbekistan ($26.2M).

Imports In 2022, Russia imported $396M in Iron Pipes, becoming the 27th largest importer of Iron Pipes in the world. At the same year, Iron Pipes was the 127th most imported product in Russia. Russia imports Iron Pipes primarily from: China ($214M), Kazakhstan ($89.3M), Poland ($11.4M), Japan ($11M), and Azerbaijan ($11M).

The fastest growing import markets in Iron Pipes for Russia between 2021 and 2022 were China ($55M), Estonia ($2.81M), and Turkey ($2.47M).

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 Iron Pipes. 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)$625M
IMPORTS (2022)$396M
NET TRADE (2022)$228M

In 2022, Russia exported $625M in Iron Pipes. The main destinations of Russia exports on Iron Pipes were Kazakhstan ($188M), Kuwait ($124M), Uzbekistan ($112M), Turkey ($64.6M), and Azerbaijan ($23.6M).

In 2022, Russia imported $396M in Iron Pipes, mainly from China ($214M), Kazakhstan ($89.3M), Poland ($11.4M), Japan ($11M), and Azerbaijan ($11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Pipes EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Kuwait$115M (1.4k%)
Kazakhstan$33.6M (21.8%)
Uzbekistan$26.2M (30.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Pipes BY Russia WERE (2021 - 2022):
India-$119M (-99%)
Belarus-$80.2M (-100%)
Bangladesh-$48.5M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Iron Pipes were:
China $8.49B
Japan $2.88B
Germany $2.46B
In 2022, Russia's main importing competitors in Iron Pipes were:

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Trade Value of Iron Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $23.5M
TOP IMPORT POTENTIALChina+ $90.2M

Iron Pipes’s highest export potential is United States. With an export gap of $23.5M.   Iron Pipes’s highest import potential is China with an import gap of $90.2M.

See methodology.

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