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Who buys Russia’s steel? Export destinations 2024

In 2024, Russia exported $9.7 billion of steel (14.9 million tonnes), 2.8% of the world total. Its main destinations were Turkey (18%), Kazakhstan (16%) and Egypt (9%). Russia was the world’s 10th-largest exporter of steel.

Summary

Value
$9.7billion
Tonnes
14.9million tonnes
Share of world total
2.8%
World rank
10th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Turkey1.8Tonnes: 3,272,043USD per tonne: $53918.1%Sea
Kazakhstan1.5Tonnes: 2,332,537USD per tonne: $65015.6%Land
Egypt0.92Tonnes: 590,734USD per tonne: $7449.5%Sea
Uzbekistan0.89Tonnes: 1,280,572USD per tonne: $6979.2%Sea
Taiwan0.78Tonnes: 744,009USD per tonne: $8578%Sea
Belgium re-exports0.71Tonnes: 1,372,108USD per tonne: $5197.3%Sea
Brazil0.4Tonnes: 718,654USD per tonne: $5624.2%Sea
Italy0.39Tonnes: 707,809USD per tonne: $5494%Sea
Kyrgyzstan0.3Tonnes: 479,419USD per tonne: $6273.1%Sea
Denmark0.3Tonnes: 513,086USD per tonne: $5773%Sea
Czechia0.29Tonnes: 472,829USD per tonne: $6052.9%Sea
Azerbaijan0.24Tonnes: 371,623USD per tonne: $6542.5%Land
Indonesia0.23Tonnes: 478,759USD per tonne: $4862.4%Sea
China0.22Tonnes: 459,477USD per tonne: $4802.3%Sea
India0.2Tonnes: 200,929USD per tonne: $1,0012.1%Sea
Georgia0.14Tonnes: 228,364USD per tonne: $5921.4%Sea
France0.06Tonnes: 117,794USD per tonne: $5380.65%Sea
Saudi Arabia0.05Tonnes: 90,780USD per tonne: $5890.55%Sea
Colombia0.05Tonnes: 62,134USD per tonne: $7860.5%Sea
Armenia0.05Tonnes: 64,726USD per tonne: $7280.49%Sea

Trend

Who it sells to

Turkey has been its main destination since 2005

Value in USD billions. The five largest destinations in 2024.

  • Turkey 1.8
  • Kazakhstan 1.5
  • Egypt 0.92
  • Uzbekistan 0.89
  • Taiwan 0.78

Source: CEPII BACI

Show the numbers
Partner19952024
Turkey0.331.8
Kazakhstan01.5
Egypt0.130.92
Uzbekistan00.89
Taiwan00.78

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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