Overview This page contains the latest trade data of Iron ore, concentrate, not iron pyrites, agglomerated. In 2020, Iron ore, concentrate, not iron pyrites, agglomerated were the world's 180th most traded product, with a total trade of $15.3B. Between 2019 and 2020 the exports of Iron ore, concentrate, not iron pyrites, agglomerated decreased by -23%, from $19.9B to $15.3B. Trade in Iron ore, concentrate, not iron pyrites, agglomerated represent 0.091% of total world trade.
Iron ore, concentrate, not iron pyrites, agglomerated are a part of Iron Ore.
Exports In 2020 the top exporters of Iron ore, concentrate, not iron pyrites, agglomerated were Sweden ($2.41B), Ukraine ($1.71B), Canada ($1.69B), South Africa ($1.6B), and Brazil ($1.59B).
Imports In 2020 the top importers of Iron ore, concentrate, not iron pyrites, agglomerated were China ($4.5B), Japan ($1.01B), Germany ($924M), Egypt ($771M), and Netherlands ($712M).
Tariffs In 2018 the average tariff for Iron ore, concentrate, not iron pyrites, agglomerated was 1.91%, making it the 6292nd lowest tariff using the HS6 product classification.
Ranking Iron ore, concentrate, not iron pyrites, agglomerated ranks 3786th in the Product Complexity Index (PCI).
Description Iron ore and concentrate are two types of raw materials used to produce steel. Iron ore is a mixture of iron oxides and silicates. Concentrate is a higher quality type of ore that contains less than 63% iron. Concentrate is predominantly used in steel production, while iron ore is used to make steel, ferroalloys, and other products.