Russia's alumina imports were nearly $2 Bn in 2023

 Alumina is a major component used in the construction industry. Russia is a major importer of alumina across the global market. Last year, Russia was the biggest importer of alumina. According to Russia import data, the country has imported nearly $2 billion worth of alumina during last year.  

Australia and China were the top alumina suppliers to Russia with over 27% market share. Ireland was the third biggest alumina supplier to Russia with 7% market share. There were some notable amounts of shipments  recorded from Germany, France, Czechia, the United Kingdom and European Union. 

Krasnoyarsky Aluminium Plant, Aorusal Sayanogorsk Aluminum and Leader Steel Vostok were responsible for the maximum number of alumina import shipments in 2023. Alumina & bauxite Company from Australia, Friguia from Guinea and Limerick Alumina Refining from Ireland were among the leading alumina export companies to Russia.

Russia import export data shows that over $20 million worth of alumina imports were made in 2023. European countries were the niche market for the alumina exports of Russia. Germany, Finland, France and Belgium were the biggest alumina importers from Russia responsible for 16%, 14%, 11% and 10% share respectively. Among the fastest growing markets for Russia's alumina exports were Uzbekistan, Guinea, Tajikistan, Latvia and Moldova.  

Among Russia's biggest companies for alumina exports were Keralit, Valkon and Soyuzmetallservice. Keralit was responsible for 27% of the country's overall alumina exports. Pandrol from France, Eurochem Antwerpen from Georgia and EKW from Germany were the leading alumina importers from Russia in terms of shipments in 2023. 

Russia is also a significant exporter and producer of raw aluminium. In 2023, Russia produced over 3,800 metric tons of aluminium. Russia was the third biggest producer of aluminium after China and India. Russia has also made some considerable amount of aluminium exports during last year. Russia was the second biggest aluminium exporter across the global market. 

Russia export data shows that over $7.8 Billion worth of raw aluminium exports were recorded during last year. Russia's major markets for raw aluminium exports were Turkey, China, Japan and the United States. Russia's aluminium exports have shown rapid growth across the Netherlands, Norway, Italy, South Korea and Greece market.

Whereas, Russia's aluminium imports were recorded to be $138 million in the last fiscal year. China was the most favourable destination for the aluminium imports of Russia. China accounted for 44% market share of Russian aluminium imports. Germany and Italy were responsible for 17% of Russia's aluminium imports. 

Among the fastest growing markets were Turkey, Austria, Poland, Uzbekistan, Serbia and Netherlands. Jilin Qixing Aluminum Industries from China and Suchuco International from Germany were the leading aluminium exporting companies to Russia. Russia is a very niche market for aluminium exports. Companies from Russia can further extend their revenue through the assistance of global import export data provider.

The global trade information offered could help companies align their aluminium export business as per the international market. It offers plenty of tools to analyse aluminium demand, top importing markets, buyers, suppliers and product pricing. It is the cheapest way to build quality leads from the international market and generate more ROI.