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Pricing

2022
Exports $4.19MWorld Rnk 33 / 104
Flag Rnk 679 / 1200
2022
Destination $68.3k Netherlands
2021 - 2022
FASTEST GROWING MARKET $68.3kTurkey
2022
PRODUCT COMPLEXITY IN Stainless Steel Ingots1.08Rnk 143 / 1025
2022
Imports $2.94MWorld Rnk 38 / 180
Flag Rnk 957 / 1201
2022
Origin $450k United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $450kKazakhstan
2022
ECONOMIC COMPLEXITY of Russia0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $4.19M in Stainless Steel Ingots, making it the 33rd largest exporter of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 679th most exported product in Russia. The main destination of Stainless Steel Ingots exports from Russia are: Netherlands ($2.67M), Germany ($1.19M), Ukraine ($164k), Turkey ($68.3k), and Lithuania ($48.6k).

The fastest growing export markets for Stainless Steel Ingots of Russia between 2021 and 2022 were Turkey ($68.3k) and Lithuania ($17.8k).

Imports In 2022, Russia imported $2.94M in Stainless Steel Ingots, becoming the 38th largest importer of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 957th most imported product in Russia. Russia imports Stainless Steel Ingots primarily from: United Kingdom ($1.63M), Kazakhstan ($458k), Ukraine ($348k), Turkey ($161k), and Belgium ($103k).

The fastest growing import markets in Stainless Steel Ingots for Russia between 2021 and 2022 were Kazakhstan ($450k), Turkey ($159k), and Poland ($43.8k).

Latest Trends

Jul 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 Stainless Steel Ingots. 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)$4.19M
IMPORTS (2022)$2.94M
NET TRADE (2022)$1.25M

In 2022, Russia exported $4.19M in Stainless Steel Ingots. The main destinations of Russia exports on Stainless Steel Ingots were Netherlands ($2.67M), Germany ($1.19M), Ukraine ($164k), Turkey ($68.3k), and Lithuania ($48.6k).

In 2022, Russia imported $2.94M in Stainless Steel Ingots, mainly from United Kingdom ($1.63M), Kazakhstan ($458k), Ukraine ($348k), Turkey ($161k), and Belgium ($103k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Ingots EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Turkey$68.3k (1%)
Lithuania$17.8k (58%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Ingots BY Russia WERE (2021 - 2022):
Ukraine-$5.37M (-97%)
Netherlands-$4.77M (-64.1%)
Germany-$2.77M (-69.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Stainless Steel Ingots were:
Indonesia $4.21B
United Kingdom $805M
Sweden $298M
In 2022, Russia's main importing competitors in Stainless Steel Ingots were:
China $3.12B
India $641M
Sweden $541M

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Trade Value of Stainless Steel Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $292k
TOP IMPORT POTENTIALUnited Kingdom+ $623k

Stainless Steel Ingots’s highest export potential is Germany. With an export gap of $292k.   Stainless Steel Ingots’s highest import potential is United Kingdom with an import gap of $623k.

See methodology.

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