Overview This page contains the latest trade data of Iron Powder. In 2020, Iron Powder were the world's 715th most traded product, with a total trade of $1.98B. Between 2019 and 2020 the exports of Iron Powder decreased by -12.6%, from $2.27B to $1.98B. Trade in Iron Powder represent 0.012% of total world trade.
Iron Powder are a part of Iron and steel. They include Powders, iron or steel, other than alloy, Granules of pig iron or spiegeleisen, and Powders, alloy steel.
Exports In 2020 the top exporters of Iron Powder were Sweden ($412M), Japan ($211M), China ($183M), Germany ($176M), and United States ($168M).
Imports In 2020 the top importers of Iron Powder were China ($280M), United States ($202M), Germany ($195M), South Korea ($161M), and Japan ($115M).
Tariffs In 2018 the average tariff for Iron Powder was 3.08%, making it the 1136th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Iron Powder are Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Sudan (21.9%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking Iron Powder ranks 294th in the Product Complexity Index (PCI).
Description Pig iron is a type of iron that has been made into small, solid pieces. It's used in the production of steel. Spiegeleisen is a type of iron that has been melted and then cast into small pieces. It's used in the production of steel. Iron or steel (excl. granules and powders of ferro-alloys, turnings and filings of iron or steel, radioactive iron powders "isotopes" and certain low-calibre, substandard balls for ballbearings) are materials that have been made from iron ore or other types of metal. They're used in the production of other goods like automobiles, construction equipment, and household appliances.