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261790 (Harmonized System 1992 for 6-digit)

2023
World Trade $418MRnk 3028 / 4644
2023
Top Exporter | Top Importer $256M | $274MCanada | China
2023
Product Complexity -2.71Rnk 4633 / 4656
2022 - 2023
Export Growth (CAGR) 108%Rnk 23 / 4644
2023
Share of World Trade 0.0018%Rnk 3028 / 4644

About

Overview This page contains the latest trade data of ores and concentrates nes. In 2023, ores and concentrates nes were the world's 3028th most traded product, with a total trade of $418M. Between 2022 and 2023 the exports of ores and concentrates nes grew by 108%, from $201M to $418M. Trade in ores and concentrates nes represent 0.0018% of total world trade.

ores and concentrates nes are a part of Other Ores.

Exports In 2023 the top exporters of ores and concentrates nes  were Canada ($256M), Kenya ($36.6M), Greece ($33.7M), South Africa ($15.9M), and Vietnam ($15.2M).

Imports In 2023 the top importers of ores and concentrates nes were China ($274M), Japan ($78M), Namibia ($37.3M), Chile ($10.9M), and Zambia ($3.19M).

Ranking ores and concentrates nes ranks 4633rd 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.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

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.

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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 (2023)Canada$256M
Top Destination (2023)China$274M

In 2023 ores and concentrates nes were the world's 3028th most traded product (out of 4,644).

In 2023, the top exporters of ores and concentrates nes were Canada ($256M), Kenya ($36.6M), Greece ($33.7M), South Africa ($15.9M), and Vietnam ($15.2M).

In 2023, the top importers of ores and concentrates nes were China ($274M), Japan ($78M), Namibia ($37.3M), Chile ($10.9M), and Zambia ($3.19M).

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Exporters of ores and concentrates nes (2023)
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Importers of ores and concentrates nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$209M
Top Destination Growth (2022 -  2023)China$204M

Between 2022 and 2023, the exports of ores and concentrates nes grew the fastest in Canada ($209M), Greece ($31.5M), Kenya ($22.2M), Vietnam ($13M), and South Africa ($12.9M).

Between 2022 and 2023, the fastest growing importers of ores and concentrates nes were China ($204M), Japan ($58.5M), Namibia ($32.6M), Chile ($10.2M), and Zambia ($3.17M).

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Exporters of ores and concentrates nes (2022 - 2023)

Importers of ores and concentrates nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of ores and concentrates nes.

In 2023, market concentration measured using Shannon Entropy, was 2.39. This means that most of the exports of ores and concentrates nes are explained by 5 countries.

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Value of Exports in ores and concentrates nes

Net Trade

TOP NET EXPORTER (2023)Canada$255M
TOP NET IMPORTER (2023)China$273M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of ores and concentrates nes were Canada ($255M), Kenya ($36.6M), Greece ($33.6M), South Africa ($15.5M), and Vietnam ($15.1M).

In 2023, the countries that had a largest trade value in imports than in exports of ores and concentrates nes were China ($273M), Japan ($78M), Namibia ($37.2M), Chile ($10.9M), and Hong Kong ($2.01M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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.

Top 10 Exporters Countries of ores and concentrates nes 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 (2023)

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