Exports In 2022, Russia exported $20.6B in Iron & steel, making it the 8th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 3rd most exported product in Russia. The main destination of Iron & steel exports from Russia are: Turkey ($4.26B), China ($1.68B), Italy ($1.56B), Kazakhstan ($1.39B), and United States ($1.3B).
The fastest growing export markets for Iron & steel of Russia between 2021 and 2022 were China ($615M), Italy ($361M), and Uzbekistan ($297M).
Imports In 2022, Russia imported $3.47B in Iron & steel, becoming the 40th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 11th most imported product in Russia. Russia imports Iron & steel primarily from: Kazakhstan ($1.47B), China ($1.02B), India ($160M), Ukraine ($128M), and Georgia ($109M).
The fastest growing import markets in Iron & steel for Russia between 2021 and 2022 were Turkey ($47.8M), Armenia ($40.3M), and Slovenia ($13.3M).