2022
Exports
$12.8MWorld Rnk 25 / 105
Flag Rnk 502 / 1200
2022
PRODUCT COMPLEXITY IN Iron Powder
0.78Rnk 252 / 1025
2022
Imports
$8.41MWorld Rnk 40 / 176
Flag Rnk 812 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $12.8M in Iron Powder, making it the 25th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 502nd most exported product in Russia. The main destination of Iron Powder exports from Russia are: United States ($2.05M), Kazakhstan ($1.08M), Latvia ($926k), Germany ($904k), and South Korea ($790k).

The fastest growing export markets for Iron Powder of Russia between 2021 and 2022 were Latvia ($604k), China ($482k), and Estonia ($296k).

Imports In 2022, Russia imported $8.41M in Iron Powder, becoming the 40th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 812th most imported product in Russia. Russia imports Iron Powder primarily from: China ($4.89M), Dominican Republic ($1.52M), South Korea ($563k), Sweden ($510k), and Germany ($348k).

The fastest growing import markets in Iron Powder for Russia between 2021 and 2022 were China ($2.16M), South Korea ($561k), and Dominican Republic ($476k).

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 Powder. 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)$12.8M
IMPORTS (2022)$8.41M
NET TRADE (2022)$4.37M

In 2022, Russia exported $12.8M in Iron Powder. The main destinations of Russia exports on Iron Powder were United States ($2.05M), Kazakhstan ($1.08M), Latvia ($926k), Germany ($904k), and South Korea ($790k).

In 2022, Russia imported $8.41M in Iron Powder, mainly from China ($4.89M), Dominican Republic ($1.52M), South Korea ($563k), Sweden ($510k), and Germany ($348k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Latvia$604k (187%)
China$482k (794%)
Estonia$296k (68.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Russia WERE (2021 - 2022):
United States-$2.2M (-51.8%)
Belarus-$2.17M (-100%)
Poland-$1.84M (-76.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Iron Powder were:
In 2022, Russia's main importing competitors in Iron Powder were:

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.09M
TOP IMPORT POTENTIALChina+ $1.61M

Iron Powder’s highest export potential is United States. With an export gap of $1.09M.   Iron Powder’s highest import potential is China with an import gap of $1.61M.

See methodology.

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