Overview This page contains the latest trade data of Mineral Products. In 2021, Mineral Products were the world's 2nd most traded product, with a total trade of $2.89T. Between 2020 and 2021 the exports of Mineral Products grew by 59.3%, from $1.82T to $2.89T. Trade in Mineral Products represent 13.8% of total world trade.
Mineral Products include Mineral fuels, mineral oils and products of their distillation, Ores, slag and ash, and Salt, sulphur, cement, lime, stone, & plaster.
Exports In 2021 the top exporters of Mineral Products were Russia ($267B), United States ($256B), Australia ($232B), Saudi Arabia ($181B), and Canada ($136B).
Imports In 2021 the top importers of Mineral Products were China ($557B), United States ($216B), Japan ($173B), India ($167B), and South Korea ($149B).
Tariffs In 2018 the average tariff for Mineral Products was 3.45%, making it the 21st lowest tariff using the Section product classification.
Ranking Mineral Products ranks 21st in the Product Complexity Index (PCI).