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681591 (Harmonized System 1992 for 6-digit)

2023
World Trade $764MRnk 2413 / 4644
2023
Top Exporter | Top Importer $425M | $125MChina | India
2023
Product Complexity -0.044Rnk 2617 / 4656
2022 - 2023
Export Growth (CAGR) -8.5%Rnk 2538 / 4644
2023
Share of World Trade 0.0034%Rnk 2413 / 4644

About

Overview This page contains the latest trade data of Articles containing magnesite, dolomite or chromite. In 2023, Articles containing magnesite, dolomite or chromite were the world's 2413th most traded product, with a total trade of $764M. Between 2022 and 2023 the exports of Articles containing magnesite, dolomite or chromite decreased by -8.5%, from $835M to $764M. Trade in Articles containing magnesite, dolomite or chromite represent 0.0034% of total world trade.

Articles containing magnesite, dolomite or chromite are a part of Other Stone Articles.

Exports In 2023 the top exporters of Articles containing magnesite, dolomite or chromite  were China ($425M), Austria ($101M), Poland ($46M), Spain ($24.5M), and United Arab Emirates ($21M).

Imports In 2023 the top importers of Articles containing magnesite, dolomite or chromite were India ($125M), Russia ($76.3M), Germany ($67.5M), Italy ($53.9M), and Japan ($39.5M).

Ranking Articles containing magnesite, dolomite or chromite ranks 2617th in the Product Complexity Index (PCI).

Description Magnesite, dolomite and chromite are all types of minerals that are used in a variety of manufacturing processes. Magnesite is used in the manufacturing of refractory materials such as bricks and cement, dolomite is used in the manufacturing of magnesium, and chromite is used in the manufacturing of steel.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Articles containing magnesite, dolomite or chromite. 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)China$425M
Top Destination (2023)India$125M

In 2023 Articles containing magnesite, dolomite or chromite were the world's 2413th most traded product (out of 4,644).

In 2023, the top exporters of Articles containing magnesite, dolomite or chromite were China ($425M), Austria ($101M), Poland ($46M), Spain ($24.5M), and United Arab Emirates ($21M).

In 2023, the top importers of Articles containing magnesite, dolomite or chromite were India ($125M), Russia ($76.3M), Germany ($67.5M), Italy ($53.9M), and Japan ($39.5M).

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Exporters of Articles containing magnesite, dolomite or chromite (2023)
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Importers of Articles containing magnesite, dolomite or chromite (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Arab Emirates$19.9M
Top Destination Growth (2022 -  2023)Indonesia$7.29M

Between 2022 and 2023, the exports of Articles containing magnesite, dolomite or chromite grew the fastest in United Arab Emirates ($19.9M), Austria ($12.1M), France ($5.9M), Vietnam ($3.38M), and Japan ($2.86M).

Between 2022 and 2023, the fastest growing importers of Articles containing magnesite, dolomite or chromite were Indonesia ($7.29M), Vietnam ($7.07M), Italy ($5.79M), Turkey ($5.36M), and Japan ($5.17M).

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Exporters of Articles containing magnesite, dolomite or chromite (2022 - 2023)

Importers of Articles containing magnesite, dolomite or chromite (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Articles containing magnesite, dolomite or chromite.

In 2023, market concentration measured using Shannon Entropy, was 2.66. This means that most of the exports of Articles containing magnesite, dolomite or chromite are explained by 6 countries.

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Value of Exports in Articles containing magnesite, dolomite or chromite

Net Trade

TOP NET EXPORTER (2023)China$425M
TOP NET IMPORTER (2023)India$121M

This map shows which countries export or import more of Articles containing magnesite, dolomite or chromite. Each country is colored based on the difference in exports and imports of Articles containing magnesite, dolomite or chromite during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Articles containing magnesite, dolomite or chromite were China ($425M), Austria ($90.1M), Poland ($37.1M), Spain ($12.4M), and United Arab Emirates ($10.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Articles containing magnesite, dolomite or chromite were India ($121M), Russia ($68.9M), Germany ($56.7M), Italy ($42M), and Japan ($30.8M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Articles containing magnesite, dolomite or chromite 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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