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Where does Russia get its steel? Import sources 2024

In 2024, Russia imported $2.6 billion of steel (2.7 million tonnes), 0.8% of the world total. Its main sources were China (46%), Kazakhstan (40%) and India (5%). Russia was the world’s 33rd-largest importer of steel.

Summary

Value
$2.6billion
Tonnes
2.7million tonnes
Share of world total
0.8%
World rank
33rd
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China1.2Tonnes: 963,421USD per tonne: $1,25245.7%Land
Kazakhstan1.1Tonnes: 1,513,197USD per tonne: $70240.2%Land
India0.13Tonnes: 52,603USD per tonne: $2,4764.9%Sea
Turkey0.11Tonnes: 85,497USD per tonne: $1,3144.3%Sea
Uzbekistan0.07Tonnes: 67,510USD per tonne: $1,0502.7%Sea
South Korea0.02Tonnes: 17,327USD per tonne: $1,2660.83%Sea
Ukraine0.02Tonnes: 26,870USD per tonne: $7830.8%Sea
Malaysia< 0.01Tonnes: 2,064USD per tonne: $1,6430.13%Sea
Taiwan< 0.01Tonnes: 1,628USD per tonne: $1,9280.12%Sea
Kyrgyzstan< 0.01Tonnes: 1,818USD per tonne: $1,4090.1%Sea
Romania< 0.01Tonnes: 710USD per tonne: $1,8960.05%Sea
Serbia< 0.01Tonnes: 363USD per tonne: $3,0090.04%Sea
Thailand< 0.01Tonnes: 4USD per tonne: $80,9610.01%Air
Italy< 0.01Tonnes: 71USD per tonne: $3,6690.01%Sea
Austria< 0.01Tonnes: 39USD per tonne: $6,3730.01%Sea
Armenia< 0.01Tonnes: 47USD per tonne: $4,3850.01%Sea
Poland< 0.01Tonnes: 27USD per tonne: $3,4660%Land
Hong Kong re-exports< 0.01Tonnes: 6USD per tonne: $13,8440%Sea
Lithuania< 0.01Tonnes: 19USD per tonne: $4,1310%Land
Israel< 0.01Tonnes: 51USD per tonne: $1,2710%Sea

Trend

Who it buys from

China has been its main source since 2023

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

  • China 1.2
  • Kazakhstan 1.1
  • India 0.13
  • Turkey 0.11
  • Uzbekistan 0.07

Source: CEPII BACI

Show the numbers
Partner19952024
China< 0.011.2
Kazakhstan01.1
India< 0.010.13
Turkey< 0.010.11
Uzbekistan00.07

Sources and methodology

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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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