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Pricing

720510 (Harmonized System 1992 for 6-digit)

2022
World Trade $749MRnk 2495 / 4648
2022
Top Exporter | Top Importer $141M | $66.6MGermany | United States
2022
Product Complexity -0.22Rnk 2839 / 4653
2021 - 2022
Export Growth (CAGR) 3.2%Rnk 2495 / 4648
2022
Share of World Trade 0.0032%Rnk 2495 / 4648

About

Overview This page contains the latest trade data of Granules of pig iron or spiegeleisen. In 2022, Granules of pig iron or spiegeleisen were the world's 2495th most traded product, with a total trade of $749M. Between 2021 and 2022 the exports of Granules of pig iron or spiegeleisen grew by 3.2%, from $726M to $749M. Trade in Granules of pig iron or spiegeleisen represent 0.0032% of total world trade.

Granules of pig iron or spiegeleisen are a part of Iron Powder.

Exports In 2022 the top exporters of Granules of pig iron or spiegeleisen  were Germany ($141M), France ($91.8M), India ($91.4M), China ($73.6M), and United States ($43M).

Imports In 2022 the top importers of Granules of pig iron or spiegeleisen were United States ($66.6M), Oman ($66.6M), Italy ($52.2M), Germany ($40.5M), and Mexico ($38.1M).

Ranking Granules of pig iron or spiegeleisen ranks 2839th in the Product Complexity Index (PCI).

Description Granules of pig iron or spiegeleisen are used in the production of steel. They are added to molten pig iron to lower the carbon content and make the resultant steel more malleable.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Granules of pig iron or spiegeleisen. 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 (2022)Germany$141M
Top Destination (2022)United States$66.6M

In 2022 Granules of pig iron or spiegeleisen were the world's 2495th most traded product (out of 4,648).

In 2022, the top exporters of Granules of pig iron or spiegeleisen were Germany ($141M), France ($91.8M), India ($91.4M), China ($73.6M), and United States ($43M).

In 2022, the top importers of Granules of pig iron or spiegeleisen were United States ($66.6M), Oman ($66.6M), Italy ($52.2M), Germany ($40.5M), and Mexico ($38.1M).

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Exporters of Granules of pig iron or spiegeleisen (2022)
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Importers of Granules of pig iron or spiegeleisen (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Pakistan$21.6M
Top Destination Growth (2021 -  2022)Oman$34.5M

Between 2021 and 2022, the exports of Granules of pig iron or spiegeleisen grew the fastest in Pakistan ($21.6M), China ($9.07M), Germany ($8.94M), Thailand ($7.03M), and Indonesia ($6.84M).

Between 2021 and 2022, the fastest growing importers of Granules of pig iron or spiegeleisen were Oman ($34.5M), United States ($25.6M), Indonesia ($16.5M), Malaysia ($15.7M), and Mexico ($7.7M).

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Exporters of Granules of pig iron or spiegeleisen (2021 - 2022)

Importers of Granules of pig iron or spiegeleisen (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Granules of pig iron or spiegeleisen.

In 2022, market concentration measured using Shannon Entropy, was 4.23. This means that most of the exports of Granules of pig iron or spiegeleisen are explained by 18 countries.

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Value of Exports in Granules of pig iron or spiegeleisen

Net Trade

TOP NET EXPORTER (2022)Germany$100M
TOP NET IMPORTER (2022)Oman$65.1M

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

In 2022, the countries that had a largest trade value in exports than in imports of Granules of pig iron or spiegeleisen were Germany ($100M), France ($72M), India ($62M), China ($42.3M), and Thailand ($25.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Granules of pig iron or spiegeleisen were Oman ($65.1M), Italy ($45.2M), Mexico ($35.4M), Malaysia ($31.3M), and United States ($23.6M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Granules of pig iron or spiegeleisen 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 (2022)

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