2022
Exports
$19.2MWorld Rnk 35 / 207
Flag Rnk 448 / 1200
2022
PRODUCT COMPLEXITY IN Iron Springs
0.94Rnk 195 / 1025
2022
Imports
$63MWorld Rnk 29 / 218
Flag Rnk 450 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $19.2M in Iron Springs, making it the 35th largest exporter of Iron Springs in the world. At the same year, Iron Springs was the 448th most exported product in Russia. The main destination of Iron Springs exports from Russia are: Kazakhstan ($7.33M), Germany ($4.84M), Uzbekistan ($1.58M), Turkey ($1.19M), and Czechia ($988k).

The fastest growing export markets for Iron Springs of Russia between 2021 and 2022 were Germany ($1.57M), Uzbekistan ($698k), and Czechia ($550k).

Imports In 2022, Russia imported $63M in Iron Springs, becoming the 29th largest importer of Iron Springs in the world. At the same year, Iron Springs was the 450th most imported product in Russia. Russia imports Iron Springs primarily from: China ($19.5M), Germany ($11M), Turkey ($8.06M), Japan ($3.89M), and Belgium ($3.43M).

The fastest growing import markets in Iron Springs for Russia between 2021 and 2022 were Turkey ($3.53M), China ($1.01M), and Kazakhstan ($762k).

Latest Trends

Nov 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 Springs. 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)$19.2M
IMPORTS (2022)$63M
NET TRADE (2022)-$43.9M

In 2022, Russia exported $19.2M in Iron Springs. The main destinations of Russia exports on Iron Springs were Kazakhstan ($7.33M), Germany ($4.84M), Uzbekistan ($1.58M), Turkey ($1.19M), and Czechia ($988k).

In 2022, Russia imported $63M in Iron Springs, mainly from China ($19.5M), Germany ($11M), Turkey ($8.06M), Japan ($3.89M), and Belgium ($3.43M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Springs EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Germany$1.57M (48.2%)
Uzbekistan$698k (78.9%)
Czechia$550k (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Springs BY Russia WERE (2021 - 2022):
Belarus-$15.4M (-100%)
Kazakhstan-$3.02M (-29.2%)
Ukraine-$2.71M (-85.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Springs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.31M
TOP IMPORT POTENTIALChina+ $11.4M

Iron Springs’s highest export potential is Germany. With an export gap of $1.31M.   Iron Springs’s highest import potential is China with an import gap of $11.4M.

See methodology.

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