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Bismuth; articles thereof, including waste and scrap

8106 (Harmonized System 1992 for 4-digit)

2022
World Trade $121MRnk 1165 / 1218
2022
Top Exporter | Top Importer $53.8M | $25.4MChina | United States
2021 - 2022
Export Growth (CAGR) -20.5%Rnk 1181 / 1218
2022
Share of World Trade 0.00051%Rnk 1165 / 1218

About

Overview This page contains the latest trade data of Bismuth. In 2022, Bismuth were the world's 1165th most traded product, with a total trade of $121M. Between 2021 and 2022 the exports of Bismuth decreased by -20.5%, from $153M to $121M. Trade in Bismuth represent 0.00051% of total world trade.

Bismuth are a part of Cermet articles. They include Bismuth, articles thereof, waste or scrap.

Exports In 2022 the top exporters of Bismuth  were China ($53.8M), Vietnam ($12.5M), United States ($10.3M), Germany ($7.26M), and Belgium ($7.05M).

Imports In 2022 the top importers of Bismuth were United States ($25.4M), Germany ($16.8M), China ($11.1M), Netherlands ($10.6M), and Hong Kong ($9.4M).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

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

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

Explore Latest Trends

* 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 (2022)China$53.8M
Top Destination (2022)United States$25.4M

In 2022 Bismuth were the world's 1165th most traded product (out of 1,218).

In 2022, the top exporters of Bismuth were China ($53.8M), Vietnam ($12.5M), United States ($10.3M), Germany ($7.26M), and Belgium ($7.05M).

In 2022, the top importers of Bismuth were United States ($25.4M), Germany ($16.8M), China ($11.1M), Netherlands ($10.6M), and Hong Kong ($9.4M).

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Exporters of Bismuth (2022)
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Importers of Bismuth (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Vietnam$1.94M
Top Destination Growth (2021 -  2022)Germany$2.58M

Between 2021 and 2022, the exports of Bismuth grew the fastest in Vietnam ($1.94M), Germany ($1.59M), Belgium ($828k), Kazakhstan ($587k), and Mexico ($405k).

Between 2021 and 2022, the fastest growing importers of Bismuth were Germany ($2.58M), United Kingdom ($1.13M), Canada ($986k), India ($645k), and Thailand ($595k).

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Exporters of Bismuth (2021 - 2022)

Importers of Bismuth (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.06. This means that most of the exports of Bismuth are explained by 8 countries.

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Value of Exports in Bismuth

Net Trade

TOP NET EXPORTER (2022)China$42.7M
TOP NET IMPORTER (2022)United States$15.2M

This map shows which countries export or import more of Bismuth. Each country is colored based on the difference in exports and imports of Bismuth during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bismuth were China ($42.7M), Vietnam ($9.53M), Belgium ($3.29M), Japan ($2.88M), and South Korea ($2.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Bismuth were United States ($15.2M), Germany ($9.53M), Hong Kong ($7.04M), Netherlands ($5.96M), and Italy ($3.31M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Bismuth by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALN/AN/A
TOP IMPORT POTENTIALN/AN/A

Bismuth’s highest export potential is N/A. With an export gap of N/A.  Bismuth’s highest import potential is N/A with an import gap of N/A.

See methodology.

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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 (2022)

Country by Relatedness

The following visualization shows the relatedness of Bismuth to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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