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282120 (Harmonized System 1992 for 6-digit)

2023
World Trade $12.8MRnk 4492 / 4644
2023
Top Exporter | Top Importer $3.28M | $2.4MChina | Indonesia
2023
Product Complexity -0.53Rnk 3273 / 4656
2022 - 2023
Export Growth (CAGR) -18%Rnk 3512 / 4644
2023
Share of World Trade <0.01%Rnk 4492 / 4644

About

Overview This page contains the latest trade data of Earth colours with >70% iron as Ferrous oxide. In 2023, Earth colours with >70% iron as Ferrous oxide were the world's 4492nd most traded product, with a total trade of $12.8M. Between 2022 and 2023 the exports of Earth colours with >70% iron as Ferrous oxide decreased by -18%, from $15.5M to $12.8M. Trade in Earth colours with >70% iron as Ferrous oxide represent 0.000056% of total world trade.

Earth colours with >70% iron as Ferrous oxide are a part of Iron Oxides and Hydroxides.

Exports In 2023 the top exporters of Earth colours with >70% iron as Ferrous oxide  were China ($3.28M), Italy ($1.23M), Norway ($1.08M), Japan ($1.02M), and Spain ($715k).

Imports In 2023 the top importers of Earth colours with >70% iron as Ferrous oxide were Indonesia ($2.4M), Sweden ($1.1M), China ($845k), Tanzania ($828k), and Belgium ($547k).

Ranking Earth colours with >70% iron as Ferrous oxide ranks 3273rd in the Product Complexity Index (PCI).

Description Iron oxide is a basic, common pigment. It is a reddish-brown pigment with a medium lightfastness. Earth colours with >70% iron are typically used in traditional oil painting, for their diffuse, natural hues.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Earth colours with >70% iron as Ferrous oxide. 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$3.28M
Top Destination (2023)Indonesia$2.4M

In 2023 Earth colours with >70% iron as Ferrous oxide were the world's 4492nd most traded product (out of 4,644).

In 2023, the top exporters of Earth colours with >70% iron as Ferrous oxide were China ($3.28M), Italy ($1.23M), Norway ($1.08M), Japan ($1.02M), and Spain ($715k).

In 2023, the top importers of Earth colours with >70% iron as Ferrous oxide were Indonesia ($2.4M), Sweden ($1.1M), China ($845k), Tanzania ($828k), and Belgium ($547k).

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Exporters of Earth colours with >70% iron as Ferrous oxide (2023)
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Importers of Earth colours with >70% iron as Ferrous oxide (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$169k
Top Destination Growth (2022 -  2023)Indonesia$1.45M

Between 2022 and 2023, the exports of Earth colours with >70% iron as Ferrous oxide grew the fastest in Spain ($169k), Poland ($126k), South Korea ($107k), Netherlands ($71.2k), and Russia ($68.9k).

Between 2022 and 2023, the fastest growing importers of Earth colours with >70% iron as Ferrous oxide were Indonesia ($1.45M), Tanzania ($468k), Libya ($343k), Canada ($241k), and Norway ($206k).

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Exporters of Earth colours with >70% iron as Ferrous oxide (2022 - 2023)

Importers of Earth colours with >70% iron as Ferrous oxide (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Earth colours with >70% iron as Ferrous oxide.

In 2023, market concentration measured using Shannon Entropy, was 3.98. This means that most of the exports of Earth colours with >70% iron as Ferrous oxide are explained by 15 countries.

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Value of Exports in Earth colours with >70% iron as Ferrous oxide

Net Trade

TOP NET EXPORTER (2023)China$2.44M
TOP NET IMPORTER (2023)Indonesia$2.35M

This map shows which countries export or import more of Earth colours with >70% iron as Ferrous oxide. Each country is colored based on the difference in exports and imports of Earth colours with >70% iron as Ferrous oxide during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Earth colours with >70% iron as Ferrous oxide were China ($2.44M), Italy ($1.2M), Norway ($863k), Japan ($771k), and United States ($570k).

In 2023, the countries that had a largest trade value in imports than in exports of Earth colours with >70% iron as Ferrous oxide were Indonesia ($2.35M), Sweden ($1.1M), Tanzania ($826k), Canada ($377k), and Kazakhstan ($270k).

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 Earth colours with >70% iron as Ferrous oxide.
It is possible to select the main countries that export or import Earth colours with >70% iron as Ferrous oxide in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Earth colours with >70% iron as Ferrous oxide 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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