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Granulated slag (slag sand) from the manufacture of iron or steel

2618 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.29BRnk 876 / 1217
2023
Top Exporter | Top Importer $265M | $234MJapan | United States
2023
Product Complexity -0.048Rnk 593 / 1044
2022 - 2023
Export Growth (CAGR) 15.6%Rnk 90 / 1217
2023
Share of World Trade 0.0057%Rnk 876 / 1217

About

Overview This page contains the latest trade data of Granulated Slag. In 2023, Granulated Slag were the world's 876th most traded product, with a total trade of $1.29B. Between 2022 and 2023 the exports of Granulated Slag grew by 15.6%, from $1.12B to $1.29B. Trade in Granulated Slag represent 0.0057% of total world trade.

Granulated Slag are a part of Ores, slag and ash. They include Granulated slag (slag sand) from iron, steel industry.

Exports In 2023 the top exporters of Granulated Slag  were Japan ($265M), China ($255M), South Africa ($170M), Germany ($75.3M), and India ($57.1M).

Imports In 2023 the top importers of Granulated Slag were United States ($234M), United Kingdom ($129M), Chinese Taipei ($90.1M), Singapore ($83.8M), and United Arab Emirates ($83.4M).

Ranking Granulated Slag ranks 593rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Granulated Slag. 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)Japan$265M
Top Destination (2023)United States$234M

In 2023 Granulated Slag were the world's 876th most traded product (out of 1,217).

In 2023, the top exporters of Granulated Slag were Japan ($265M), China ($255M), South Africa ($170M), Germany ($75.3M), and India ($57.1M).

In 2023, the top importers of Granulated Slag were United States ($234M), United Kingdom ($129M), Chinese Taipei ($90.1M), Singapore ($83.8M), and United Arab Emirates ($83.4M).

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Exporters of Granulated Slag (2023)
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Importers of Granulated Slag (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$180M
Top Destination Growth (2022 -  2023)United States$63.5M

Between 2022 and 2023, the exports of Granulated Slag grew the fastest in China ($180M), Japan ($30.9M), Indonesia ($22.5M), Mexico ($13.7M), and Germany ($11.4M).

Between 2022 and 2023, the fastest growing importers of Granulated Slag were United States ($63.5M), Chinese Taipei ($34.2M), France ($33.7M), United Arab Emirates ($33.2M), and Canada ($18.7M).

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Exporters of Granulated Slag (2022 - 2023)

Importers of Granulated Slag (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Granulated Slag.

In 2023, market concentration measured using Shannon Entropy, was 4. This means that most of the exports of Granulated Slag are explained by 16 countries.

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Value of Exports in Granulated Slag

Net Trade

TOP NET EXPORTER (2023)Japan$258M
TOP NET IMPORTER (2023)United States$223M

This map shows which countries export or import more of Granulated Slag. Each country is colored based on the difference in exports and imports of Granulated Slag during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Granulated Slag were Japan ($258M), China ($254M), South Africa ($170M), Germany ($63.3M), and India ($57M).

In 2023, the countries that had a largest trade value in imports than in exports of Granulated Slag were United States ($223M), United Kingdom ($127M), Chinese Taipei ($83M), Singapore ($80.5M), and United Arab Emirates ($74.3M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Granulated Slag by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $187k
TOP IMPORT POTENTIALUnited States+ $16.7k

Granulated Slag’s highest export potential is Germany. With an export gap of $187k.  Granulated Slag’s highest import potential is United States with an import gap of $16.7k.

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 (2023)

Country by Relatedness

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

Relative Relatedness by Country (2023)

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