ores and concentrates nes261790 (Harmonized System 1992 for 6-digit)
2021 World Trade: $102M, Rnk 4086 / 4641
2021 Top Exporter | Top Importer: $29.7M | $30.9M, Kazakhstan | Russia
2021 Product Complexity: -2.36, Rnk 4601 / 4648
2020 - 2021 Export Growth (CAGR): -56.5%, Rnk 4584 / 4641
2018 Mean Tariff: 2.22%, Rnk 6201 / 6538
2021 Share of World Trade: <0.01%, Rnk 4086 / 4641
Overview This page contains the latest trade data of ores and concentrates nes. In 2021, ores and concentrates nes were the world's 4086th most traded product, with a total trade of $102M. Between 2020 and 2021 the exports of ores and concentrates nes decreased by -56.5%, from $236M to $102M. Trade in ores and concentrates nes represent 0.0000049% of total world trade.
ores and concentrates nes are a part of Other Ores.
Exports In 2021 the top exporters of ores and concentrates nes were Kazakhstan ($29.7M), Kenya ($17.5M), Trinidad and Tobago ($9.16M), Canada ($6.59M), and Mongolia ($6.53M).
Imports In 2021 the top importers of ores and concentrates nes were Russia ($30.9M), Japan ($20M), Belgium ($12.3M), China ($10.4M), and Netherlands ($5.56M).
Tariffs In 2018 the average tariff for ores and concentrates nes was 2.22%, making it the 6201st lowest tariff using the HS6 product classification.
Ranking ores and concentrates nes ranks 4601st in the Product Complexity Index (PCI).
Description Ores are materials found in the ground that contain a valuable mineral that is mined to extract and refine the mineral. Once the desired mineral is removed, the remaining materials are called concentrates.
The following visualization shows the latest trends on ores and concentrates nes. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2021): Kazakhstan, $29.7M
Top Destination (2021): Russia, $30.9M
ores and concentrates nes are the world's 4086th most traded product.
In 2021, the top exporters of ores and concentrates nes were Kazakhstan ($29.7M), Kenya ($17.5M), Trinidad and Tobago ($9.16M), Canada ($6.59M), and Mongolia ($6.53M).
In 2021, the top importers of ores and concentrates nes were Russia ($30.9M), Japan ($20M), Belgium ($12.3M), China ($10.4M), and Netherlands ($5.56M).
Trade by country
Top Origin Growth (2020 - 2021): Kazakhstan, $29.7M
Top Destination Growth (2020 - 2021): Russia, $30.7M
Between 2020 and 2021, the exports of ores and concentrates nes grew the fastest in Kazakhstan ($29.7M), Trinidad and Tobago ($7.63M), Mongolia ($6.53M), Canada ($6.02M), and Singapore ($4.85M).
Between 2020 and 2021, the fastest growing importers of ores and concentrates nes were Russia ($30.7M), Netherlands ($3.26M), United Kingdom ($3.25M), Austria ($1.07M), and Kazakhstan ($971k).
Cumulative market share
This chart shows the evolution of the market concentration of exports of ores and concentrates nes.
In 2021, market concentration measured using Shannon Entropy, was 3.77. This means that most of the exports of ores and concentrates nes are explained by 13 countries.
TOP NET EXPORTER (2021): Kazakhstan, $28.6M
TOP NET IMPORTER (2021): Russia, $30.6M
This map shows which countries export or import more of ores and concentrates nes. Each country is colored based on the difference in exports and imports of ores and concentrates nes during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of ores and concentrates nes were Kazakhstan ($28.6M), Kenya ($17.5M), Trinidad and Tobago ($9.16M), Mongolia ($6.52M), and Canada ($5.48M).
In 2021, the countries that had a largest trade value in imports than in exports of ores and concentrates nes were Russia ($30.6M), Japan ($20M), China ($10.2M), Belgium ($9.65M), and Netherlands ($4.69M).
This visualization shows the countries that have an important ratio of their trade related to ores and concentrates nes. It is possible to select the main countries that export or import ores and concentrates nes in the world, or by continent, as well as select the measure of interest.
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.
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