2022
Exports | Imports
$531M | $1.11BWorld Rnk 25 / 208
Flag Rnk 61 / 1200
World Rnk 15 / 224
Flag Rnk 28 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.42Rnk 45 / 124
2022
PRODUCT COMPLEXITY IN Iron Structures
0.54Rnk 358 / 1025

About

Exports In 2022, Russia exported $531M in Iron Structures, making it the 25th largest exporter of Iron Structures in the world. At the same year, Iron Structures was the 61st most exported product in Russia. The main destination of Iron Structures exports from Russia are: Kazakhstan ($208M), Turkey ($101M), Egypt ($47.1M), Uzbekistan ($33.5M), and Azerbaijan ($19.5M).

The fastest growing export markets for Iron Structures of Russia between 2021 and 2022 were Egypt ($47.1M), Turkey ($23.4M), and Armenia ($9.51M).

Imports In 2022, Russia imported $1.11B in Iron Structures, becoming the 15th largest importer of Iron Structures in the world. At the same year, Iron Structures was the 28th most imported product in Russia. Russia imports Iron Structures primarily from: South Korea ($602M), China ($166M), Turkey ($96.1M), Germany ($90.5M), and Italy ($25.4M).

The fastest growing import markets in Iron Structures for Russia between 2021 and 2022 were South Korea ($152M), Turkey ($12.2M), and Serbia ($3.48M).

COMPANIES In 2021, leading companies such as were at the forefront of shipping Iron Structures from Russia to the United States.

Latest Trends

Feb 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 Structures. 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)$531M
IMPORTS (2022)$1.11B
NET TRADE (2022)-$578M

In 2022, Russia exported $531M in Iron Structures. The main destinations of Russia exports on Iron Structures were Kazakhstan ($208M), Turkey ($101M), Egypt ($47.1M), Uzbekistan ($33.5M), and Azerbaijan ($19.5M).

In 2022, Russia imported $1.11B in Iron Structures, mainly from South Korea ($602M), China ($166M), Turkey ($96.1M), Germany ($90.5M), and Italy ($25.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Structures EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Egypt$47.1M (425k%)
Turkey$23.4M (30.1%)
Armenia$9.51M (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Structures BY Russia WERE (2021 - 2022):
Belarus-$117M (-100%)
Bangladesh-$57M (-100%)
India-$39.6M (-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 Structures were:
China $18.3B
Germany $5.23B
Poland $3.63B
In 2022, Russia's main importing competitors in Iron Structures were:

Explore Visualizations

Trade Value of Iron Structures by Exporters

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