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720150 (Harmonized System 1996 for 6-digit)

2023
World Trade $201MRnk 3749 / 4766
2023
Top Exporter | Top Importer $49.2M | $65.4MRussia | China
2023
Product Complexity -0.55Rnk 3380 / 4780
2022 - 2023
Export Growth (CAGR) -4.74%Rnk 2115 / 4766
2023
Share of World Trade 0.00089%Rnk 3749 / 4766

About

Overview This page contains the latest trade data of Iron: Alloy Forms Like Pig Iron & Spiegeleisen. In 2023, Iron: Alloy Forms Like Pig Iron & Spiegeleisen were the world's 3749th most traded product, with a total trade of $201M. Between 2022 and 2023 the exports of Iron: Alloy Forms Like Pig Iron & Spiegeleisen decreased by -4.74%, from $211M to $201M. Trade in Iron: Alloy Forms Like Pig Iron & Spiegeleisen represent 0.00089% of total world trade.

Iron: Alloy Forms Like Pig Iron & Spiegeleisen are a part of Pig iron and spiegeleisen in pigs, blocks or other primary forms.

Exports In 2023 the top exporters of Iron: Alloy Forms Like Pig Iron & Spiegeleisen  were Russia ($49.2M), France ($48M), Indonesia ($31M), Italy ($15.8M), and Iran ($13M).

Imports In 2023 the top importers of Iron: Alloy Forms Like Pig Iron & Spiegeleisen were China ($65.4M), Belgium ($33.8M), India ($25.3M), Spain ($19.2M), and Bulgaria ($13.5M).

Ranking Iron: Alloy Forms Like Pig Iron & Spiegeleisen ranks 3380th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Iron: Alloy Forms Like Pig Iron & Spiegeleisen. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Russia$49.2M
Top Destination (2023)China$65.4M

In 2023 Iron: Alloy Forms Like Pig Iron & Spiegeleisen were the world's 3749th most traded product (out of 4,766).

In 2023, the top exporters of Iron: Alloy Forms Like Pig Iron & Spiegeleisen were Russia ($49.2M), France ($48M), Indonesia ($31M), Italy ($15.8M), and Iran ($13M).

In 2023, the top importers of Iron: Alloy Forms Like Pig Iron & Spiegeleisen were China ($65.4M), Belgium ($33.8M), India ($25.3M), Spain ($19.2M), and Bulgaria ($13.5M).

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Exporters of Iron: Alloy Forms Like Pig Iron & Spiegeleisen (2023)
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Importers of Iron: Alloy Forms Like Pig Iron & Spiegeleisen (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Russia$48.5M
Top Destination Growth (2022 -  2023)China$19.3M

Between 2022 and 2023, the exports of Iron: Alloy Forms Like Pig Iron & Spiegeleisen grew the fastest in Russia ($48.5M), Iran ($13M), France ($10.2M), Italy ($7.05M), and Vietnam ($5.82M).

Between 2022 and 2023, the fastest growing importers of Iron: Alloy Forms Like Pig Iron & Spiegeleisen were China ($19.3M), Belgium ($15.5M), India ($14.8M), Bulgaria ($11.8M), and Indonesia ($6.94M).

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Exporters of Iron: Alloy Forms Like Pig Iron & Spiegeleisen (2022 - 2023)

Importers of Iron: Alloy Forms Like Pig Iron & Spiegeleisen (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron: Alloy Forms Like Pig Iron & Spiegeleisen.

In 2023, market concentration measured using Shannon Entropy, was 3.21. This means that most of the exports of Iron: Alloy Forms Like Pig Iron & Spiegeleisen are explained by 9 countries.

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Value of Exports in Iron: Alloy Forms Like Pig Iron & Spiegeleisen

Net Trade

TOP NET EXPORTER (2023)Russia$49.2M
TOP NET IMPORTER (2023)China$63.1M

This map shows which countries export or import more of Iron: Alloy Forms Like Pig Iron & Spiegeleisen. Each country is colored based on the difference in exports and imports of Iron: Alloy Forms Like Pig Iron & Spiegeleisen during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Iron: Alloy Forms Like Pig Iron & Spiegeleisen were Russia ($49.2M), France ($47.3M), Indonesia ($23.9M), Iran ($13M), and Italy ($11.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Iron: Alloy Forms Like Pig Iron & Spiegeleisen were China ($63.1M), Belgium ($33.5M), India ($24.7M), Spain ($19M), and Bulgaria ($13.2M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Iron: Alloy Forms Like Pig Iron & Spiegeleisen.
It is possible to select the main countries that export or import Iron: Alloy Forms Like Pig Iron & Spiegeleisen in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Iron: Alloy Forms Like Pig Iron & Spiegeleisen by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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