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732591 (Harmonized System 1992 for 6-digit)

2023
World Trade $863MRnk 2277 / 4644
2023
Top Exporter | Top Importer $266M | $139MIndia | Australia
2023
Product Complexity -1.1Rnk 3913 / 4656
2022 - 2023
Export Growth (CAGR) -6%Rnk 2217 / 4644
2023
Share of World Trade 0.0038%Rnk 2277 / 4644

About

Overview This page contains the latest trade data of Balls, iron or steel, cast, for grinding mills. In 2023, Balls, iron or steel, cast, for grinding mills were the world's 2277th most traded product, with a total trade of $863M. Between 2022 and 2023 the exports of Balls, iron or steel, cast, for grinding mills decreased by -6%, from $918M to $863M. Trade in Balls, iron or steel, cast, for grinding mills represent 0.0038% of total world trade.

Balls, iron or steel, cast, for grinding mills are a part of Other Cast Iron Products.

Exports In 2023 the top exporters of Balls, iron or steel, cast, for grinding mills  were India ($266M), China ($218M), Thailand ($157M), United States ($69.2M), and Belgium ($22.9M).

Imports In 2023 the top importers of Balls, iron or steel, cast, for grinding mills were Australia ($139M), Panama ($72M), Brazil ($59.1M), United States ($43.9M), and Ghana ($35M).

Ranking Balls, iron or steel, cast, for grinding mills ranks 3913th in the Product Complexity Index (PCI).

Description Balls, iron or steel, cast are common grinding mill components, used in the grinding of materials into increasingly smaller sizes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Balls, iron or steel, cast, for grinding mills. 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)India$266M
Top Destination (2023)Australia$139M

In 2023 Balls, iron or steel, cast, for grinding mills were the world's 2277th most traded product (out of 4,644).

In 2023, the top exporters of Balls, iron or steel, cast, for grinding mills were India ($266M), China ($218M), Thailand ($157M), United States ($69.2M), and Belgium ($22.9M).

In 2023, the top importers of Balls, iron or steel, cast, for grinding mills were Australia ($139M), Panama ($72M), Brazil ($59.1M), United States ($43.9M), and Ghana ($35M).

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Exporters of Balls, iron or steel, cast, for grinding mills (2023)
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Importers of Balls, iron or steel, cast, for grinding mills (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$63.3M
Top Destination Growth (2022 -  2023)Panama$64.7M

Between 2022 and 2023, the exports of Balls, iron or steel, cast, for grinding mills grew the fastest in United States ($63.3M), Thailand ($12.3M), Indonesia ($4.48M), Tunisia ($4.31M), and Belgium ($2.45M).

Between 2022 and 2023, the fastest growing importers of Balls, iron or steel, cast, for grinding mills were Panama ($64.7M), Brazil ($17.4M), Nigeria ($5.86M), Ghana ($5.33M), and Zambia ($4.85M).

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Exporters of Balls, iron or steel, cast, for grinding mills (2022 - 2023)

Importers of Balls, iron or steel, cast, for grinding mills (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Balls, iron or steel, cast, for grinding mills.

In 2023, market concentration measured using Shannon Entropy, was 3. This means that most of the exports of Balls, iron or steel, cast, for grinding mills are explained by 7 countries.

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Value of Exports in Balls, iron or steel, cast, for grinding mills

Net Trade

TOP NET EXPORTER (2023)India$264M
TOP NET IMPORTER (2023)Australia$137M

This map shows which countries export or import more of Balls, iron or steel, cast, for grinding mills. Each country is colored based on the difference in exports and imports of Balls, iron or steel, cast, for grinding mills during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Balls, iron or steel, cast, for grinding mills were India ($264M), China ($217M), Thailand ($153M), United States ($25.3M), and Belgium ($11.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Balls, iron or steel, cast, for grinding mills were Australia ($137M), Brazil ($53.8M), Ghana ($34.7M), Mexico ($22.6M), and Philippines ($18M).

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 Balls, iron or steel, cast, for grinding mills.
It is possible to select the main countries that export or import Balls, iron or steel, cast, for grinding mills in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Balls, iron or steel, cast, for grinding mills 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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