The value of exports of commodity group 7202 "Ferro-alloys." from Russia totalled $ 1.47 billion in 2021. Sales of commodity group 7202 from Russia went up by 67% compared to 2020: exports of commodity group 7202 "Ferro-alloys." went up by $ 593 million (cumulative exports of commodity group 7202 from Russia amounted $884 million in 2020)
Exports of commodity group 7202 "Ferro-alloys." amounted to 0.3% of total exports from Russia (cumulative merchandise exports from Russia totalled $ 492 billion in 2021). The share of commodity group 7202 in total exports from Russia increased by 0.037 p.p. compared to 2020 (it was 0.262% in 2020 and cumulative exports from Russia were equal to $ 337 billion).
Exports of commodity group 7202 amounted to 5.11% of total sales of group "" from Russia in 2021 (the value of exports of commodity group from Russia amounted to $28 billion in 2021). The share of exports of commodity group 7202 in sales of commodity group from Russia lowered by 0.41 p.p. compared to 2020 (it was 5.52% in 2020, and exports of commodity group from Russia were $16 billion).
Where does Russia export Ferro-alloys.?
Top export destinations of "Ferro-alloys." from Russia in 2021:
- Netherlands with a share of 21% (314 million US$)
- Japan with a share of 20% (300 million US$)
- Korea with a share of 13.4% (198 million US$)
- Turkey with a share of 8.29% (122 million US$)
- China with a share of 7.01% (103 million US$)
- Belarus with a share of 4.28% (63 million US$)
- USA with a share of 3.94% (58 million US$)
- India with a share of 2.64% (39 million US$)
- Other Asia, nes with a share of 2.28% (33 million US$)
- Ukraine with a share of 2.09% (30 million US$)
Exports structure of 7202 - Ferro-alloys. - from Russia in 2021 represented by the following main commodity groups:
- 42% (624 million US$): 720221 - Ferro-silicon, cont. by wt. >55% of silicon, in granular/powder form
- 17.5% (259 million US$): 720241 - Ferro-chromium, cont. by wt. >4% of carbon, in granular/powder form
- 12% (177 million US$): 720249 - Ferro-chromium, other than that cont. by wt. >4% of carbon, in granular/powder form
- 8.36% (123 million US$): 720230 - Ferro-silico-manganese, in granular/powder form
- 5.44% (80 million US$): 720211 - Ferro-manganese, cont. by wt. >2% of carbon, in granular/powder form
- 5.1% (75 million US$): 720291 - Ferro-titanium & ferro-silico-titanium, in granular/powder form
- 2.36% (34 million US$): 720280 - Ferro-tungsten & ferro-silico-tungsten, in granular/powder form
- 2% (29 million US$): 720292 - Ferro-vanadium, in granular/powder form
- 1.97% (29 million US$): 720270 - Ferro-molybdenum, in granular/powder form
- 1.04% (15.4 million US$): 720229 - Ferro-silicon, other than that cont. >55% of silicon, in granular/powder form
The value of imports of commodity group 7202 "Ferro-alloys." to Russia totalled $ 494 million in 2021. Sales of commodity group 7202 to Russia went up by 42% compared to 2020: imports of commodity group 7202 "Ferro-alloys." went up by $ 146 million (the value of imports of commodity group 7202 to Russia was equal to $348 million in 2020)
Imports of commodity group 7202 "Ferro-alloys." accounted for 0.168% of total import flow to Russia (in 2021, total imports to Russia amounted to $ 293 billion). The share of commodity group 7202 in total imports to Russia increased by 0.018 p.p. compared to 2020 (it was 0.15% in 2020 and cumulative imports to Russia were equal to $ 231 billion).
Imports of commodity group 7202 reached 8.34% of total imports of group "" to Russia in 2021 (imports of commodity group to Russia totalled $5.92 billion in 2021). The share of purchases of commodity group 7202 in imports of commodity group to Russia went down by 0.99 p.p. compared to 2020 (it was 9.33% in 2020, and imports of commodity group to Russia accounted for $3.72 billion).
Where does Russia import Ferro-alloys. from?
Top trading partners (import of "Ferro-alloys.") of Russia in 2021:
- Georgia with a share of 32% (158 million US$)
- Kazakhstan with a share of 31% (153 million US$)
- Brazil with a share of 16% (79 million US$)
- Ukraine with a share of 5.75% (28 million US$)
- Norway with a share of 3.02% (14.9 million US$)
- China with a share of 2.88% (14.2 million US$)
- Korea with a share of 2.59% (12.8 million US$)
- Armenia with a share of 2.19% (10.8 million US$)
- South Africa - 4.15 million US$
- Netherlands - 3.67 million US$
Imports structure of 7202 - Ferro-alloys. - to Russia in 2021 represented by the following main commodity groups:
- 53% (264 million US$): 720230 - Ferro-silico-manganese, in granular/powder form
- 15.5% (77 million US$): 720293 - Ferro-niobium, in granular/powder form
- 9.73% (48 million US$): 720221 - Ferro-silicon, cont. by wt. >55% of silicon, in granular/powder form
- 3.8% (18.8 million US$): 720219 - Ferro-manganese, other than that cont. by wt. >2% of carbon, in granular/powder form
- 3.6% (17.8 million US$): 720229 - Ferro-silicon, other than that cont. >55% of silicon, in granular/powder form
- 3.38% (16.7 million US$): 720299 - Ferro-alloys; n.e.s. in heading no. 7202
- 2.48% (12.2 million US$): 720270 - Ferro-molybdenum, in granular/powder form
- 2.47% (12.2 million US$): 720211 - Ferro-manganese, cont. by wt. >2% of carbon, in granular/powder form
- 2.06% (10.2 million US$): 720249 - Ferro-chromium, other than that cont. by wt. >4% of carbon, in granular/powder form
- 1.37% (6.77 million US$): 720241 - Ferro-chromium, cont. by wt. >4% of carbon, in granular/powder form