2023
Exports
$5.16MWorld Rnk 33 / 118
Flag Rnk 610 / 1200
2023
PRODUCT COMPLEXITY IN Iron Powder
0.86Rnk 230 / 1025
2023
Imports
$10.2MWorld Rnk 36 / 169
Flag Rnk 757 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $5.16M in Iron Powder, making it the 33rd largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 610th most exported product in Russia. The main destination of Iron Powder exports from Russia are: Kazakhstan ($989k), Latvia ($790k), Estonia ($586k), India ($579k), and Serbia ($368k).

The fastest growing export markets for Iron Powder of Russia between 2022 and 2023 were India ($177k), Turkey ($125k), and Egypt ($102k).

Imports In 2023, Russia imported $10.2M in Iron Powder, becoming the 36th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 757th most imported product in Russia. Russia imports Iron Powder primarily from: China ($6.95M), Dominican Republic ($1.65M), Uzbekistan ($744k), Armenia ($414k), and Turkey ($146k).

The fastest growing import markets in Iron Powder for Russia between 2022 and 2023 were China ($2.06M), Uzbekistan ($744k), and Armenia ($303k).

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 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 (2023)$5.16M
IMPORTS (2023)$10.2M
NET TRADE (2023)-$5M

In 2023, Russia exported $5.16M in Iron Powder. The main destinations of Russia exports on Iron Powder were Kazakhstan ($989k), Latvia ($790k), Estonia ($586k), India ($579k), and Serbia ($368k).

In 2023, Russia imported $10.2M in Iron Powder, mainly from China ($6.95M), Dominican Republic ($1.65M), Uzbekistan ($744k), Armenia ($414k), and Turkey ($146k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Russia WERE (2022 - 2023):
India$177k (44.1%)
Turkey$125k (61.6%)
Egypt$102k (6.33k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Russia WERE (2022 - 2023):
United States-$2.05M (-100%)
South Korea-$829k (-100%)
Czechia-$641k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Russia's main exporting competitors in Iron Powder were:
China $297M
Japan $241M
In 2023, 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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