711049 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Iridium, osmium and ruthenium, semi-manufactured. In 2022, Iridium, osmium and ruthenium, semi-manufactured were the world's 3001st most traded product, with a total trade of $464M. Between 2021 and 2022 the exports of Iridium, osmium and ruthenium, semi-manufactured grew by 3.3%, from $449M to $464M. Trade in Iridium, osmium and ruthenium, semi-manufactured represent 0.002% of total world trade.

Iridium, osmium and ruthenium, semi-manufactured are a part of Platinum.

Exports In 2022 the top exporters of Iridium, osmium and ruthenium, semi-manufactured  were Chinese Taipei ($158M), Japan ($77.5M), United Kingdom ($74.4M), Germany ($62.3M), and South Africa ($53.8M).

Imports In 2022 the top importers of Iridium, osmium and ruthenium, semi-manufactured were United States ($146M), Singapore ($73.2M), Japan ($49.6M), China ($39.1M), and Austria ($38M).

Ranking Iridium, osmium and ruthenium, semi-manufactured ranks 71st in the Product Complexity Index (PCI).

Description Iridium, osmium, and ruthenium are used in the manufacture of electrochemical cells and electroplating. Iridium is expensive, so it is used sparingly.

Latest Data

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The following visualization shows the latest trends on Iridium, osmium and ruthenium, semi-manufactured. 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)Chinese Taipei$158M
Top Destination (2022)United States$146M

In 2022 Iridium, osmium and ruthenium, semi-manufactured were the world's 3001st most traded product (out of 4,648).

In 2022, the top exporters of Iridium, osmium and ruthenium, semi-manufactured were Chinese Taipei ($158M), Japan ($77.5M), United Kingdom ($74.4M), Germany ($62.3M), and South Africa ($53.8M).

In 2022, the top importers of Iridium, osmium and ruthenium, semi-manufactured were United States ($146M), Singapore ($73.2M), Japan ($49.6M), China ($39.1M), and Austria ($38M).

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Exporters of Iridium, osmium and ruthenium, semi-manufactured (2022)
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Importers of Iridium, osmium and ruthenium, semi-manufactured (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Chinese Taipei$18.4M
Top Destination Growth (2021 -  2022)United States$54.6M

Between 2021 and 2022, the exports of Iridium, osmium and ruthenium, semi-manufactured grew the fastest in Chinese Taipei ($18.4M), Germany ($16.6M), Japan ($15.9M), United States ($2.67M), and Austria ($1.59M).

Between 2021 and 2022, the fastest growing importers of Iridium, osmium and ruthenium, semi-manufactured were United States ($54.6M), China ($23.8M), Singapore ($14M), Italy ($2.18M), and Austria ($1.44M).

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Exporters of Iridium, osmium and ruthenium, semi-manufactured (2021 - 2022)

Importers of Iridium, osmium and ruthenium, semi-manufactured (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iridium, osmium and ruthenium, semi-manufactured.

In 2022, market concentration measured using Shannon Entropy, was 2.68. This means that most of the exports of Iridium, osmium and ruthenium, semi-manufactured are explained by 6 countries.

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Value of Exports in Iridium, osmium and ruthenium, semi-manufactured

Net Trade

TOP NET EXPORTER (2022)Chinese Taipei$155M
TOP NET IMPORTER (2022)United States$130M

This map shows which countries export or import more of Iridium, osmium and ruthenium, semi-manufactured. Each country is colored based on the difference in exports and imports of Iridium, osmium and ruthenium, semi-manufactured during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Iridium, osmium and ruthenium, semi-manufactured were Chinese Taipei ($155M), United Kingdom ($59.5M), South Africa ($53.7M), Germany ($40.4M), and Japan ($27.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Iridium, osmium and ruthenium, semi-manufactured were United States ($130M), Singapore ($69.3M), China ($38.1M), Austria ($35.5M), and Hong Kong ($20.4M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Iridium, osmium and ruthenium, semi-manufactured 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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