Overview This page contains the latest trade data of Argon. In 2020, Argon were the world's 3370th most traded product, with a total trade of $247M. Between 2019 and 2020 the exports of Argon decreased by -3.47%, from $256M to $247M. Trade in Argon represent 0.0015% of total world trade.

Argon are a part of Hydrogen.

Exports In 2020 the top exporters of Argon  were Germany ($33.7M), Belgium ($19.4M), China ($19.3M), Netherlands ($18.9M), and Canada ($18M).

Imports In 2020 the top importers of Argon were Thailand ($21.1M), United States ($20.2M), Italy ($15.5M), France ($15.1M), and Chinese Taipei ($11.1M).

Ranking Argon ranks 2827th in the Product Complexity Index (PCI).

Description Argon gas is used to fill helium balloons because it is non-flammable and non-toxic. Argon gas is a common shielding gas for welding, and it is also used in the manufacture of semiconductors and flat-panel displays.

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Y-AXIS SCALE

The following visualization shows the latest trends on Argon. Countries are shown based on data availability.

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): Germany, $33.7M

Top Destination (2020): Thailand, $21.1M

Argon are the world's 3370th most traded product.

In 2020, the top exporters of Argon were Germany ($33.7M), Belgium ($19.4M), China ($19.3M), Netherlands ($18.9M), and Canada ($18M).

In 2020, the top importers of Argon were Thailand ($21.1M), United States ($20.2M), Italy ($15.5M), France ($15.1M), and Chinese Taipei ($11.1M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Vietnam, $15.3M

Top Destination Growth (2019 - 2020): Thailand, $12.4M

Between 2019 and 2020, the exports of Argon grew the fastest in Vietnam ($15.3M), Austria ($3.38M), Kuwait ($2.02M), Hong Kong ($1.22M), and Ukraine ($765k).

Between 2019 and 2020, the fastest growing importers of Argon were Thailand ($12.4M), Chinese Taipei ($2.94M), United Arab Emirates ($1.89M), Saudi Arabia ($1.05M), and Nigeria ($705k).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Argon.

In 2020,  market concentration measured using Shannon Entropy, was 4.86. This means that most of the exports of Argon are explained by 29 countries.

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TOP NET EXPORTER (2020): Germany, $25.8M

TOP NET IMPORTER (2020): Thailand, $20.4M

This map shows which countries export or import more of Argon. Each country is colored based on the difference in exports and imports of Argon during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Argon were Germany ($25.8M), China ($18.1M), Canada ($16.8M), Belgium ($14.8M), and Vietnam ($14.7M).

In 2020, the countries that had a largest trade value in imports than in exports of Argon were Thailand ($20.4M), Italy ($12.9M), United States ($11.7M), France ($10.9M), and Chinese Taipei ($8.89M).

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Argon.
It is possible to select the main countries that export or import Argon in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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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.