Other Mineral2530 (Harmonized System 1992 for 4-digit)
2020 World Trade: $2.05B, Rnk 703 / 1217
2020 Top Exporter | Top Importer: $641M | $747M, Australia | China
2020 Product Complexity: -1.53, Rnk 955 / 1028
2019 - 2020 Export Growth (CAGR): -18.4%, Rnk 987 / 1217
2018 Mean Tariff: 3.3%, Rnk 1123 / 1259
2020 Share of World Trade: 0.012%, Rnk 703 / 1217
Overview This page contains the latest trade data of Other Mineral. In 2020, Other Mineral were the world's 703rd most traded product, with a total trade of $2.05B. Between 2019 and 2020 the exports of Other Mineral decreased by -18.4%, from $2.52B to $2.05B. Trade in Other Mineral represent 0.012% of total world trade.
Other Mineral are a part of Salt, sulphur, cement, lime, stone, & plaster. They include Mineral substances, nes, Vermiculite, perlite and chlorites, unexpanded, Kieserite, epsomite (natural magnesium sulphates), Natural micaceous iron oxides, and Earth colours.
Exports In 2020 the top exporters of Other Mineral were Australia ($641M), Germany ($197M), China ($178M), Spain ($89.7M), and United States ($89.5M).
Imports In 2020 the top importers of Other Mineral were China ($747M), United States ($106M), Japan ($81.6M), France ($76.5M), and Germany ($72.2M).
Tariffs In 2018 the average tariff for Other Mineral was 3.3%, making it the 1123rd lowest tariff using the HS4 product classification.
Ranking Other Mineral ranks 955th in the Product Complexity Index (PCI).
Description Vermiculite is a mineral that is mined and heated to produce a loose, lightweight, water-insoluble material. It is used in gardening and horticulture as a soil conditioner to increase the soil's water retention and aeration. Perlite is a porous volcanic rock that is heated to produce a light, white, fluffy, water-insoluble material. It is used in gardening and horticulture as a soil conditioner to increase the soil's water retention and aeration.
The following visualization shows the latest trends on Other Mineral. 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
Other Mineral are the world's 703rd most traded product.
In 2020, the top exporters of Other Mineral were Australia ($641M), Germany ($197M), China ($178M), Spain ($89.7M), and United States ($89.5M).
In 2020, the top importers of Other Mineral were China ($747M), United States ($106M), Japan ($81.6M), France ($76.5M), and Germany ($72.2M).
Trade by country
Between 2019 and 2020, the exports of Other Mineral grew the fastest in Burma ($11.7M), Thailand ($11.4M), Germany ($11.2M), Vietnam ($9.37M), and United Arab Emirates ($7.14M).
Between 2019 and 2020, the fastest growing importers of Other Mineral were Turkey ($6.51M), Vietnam ($3.43M), Switzerland ($2.97M), Norway ($2.9M), and Hong Kong ($2.73M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Other Mineral.
In 2020, market concentration measured using Shannon Entropy, was 4.21. This means that most of the exports of Other Mineral are explained by 18 countries.
This map shows which countries export or import more of Other Mineral. Each country is colored based on the difference in exports and imports of Other Mineral during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Other Mineral were Australia ($632M), Germany ($125M), Spain ($52.6M), South Africa ($38.9M), and Russia ($36M).
In 2020, the countries that had a largest trade value in imports than in exports of Other Mineral were China ($569M), South Korea ($56M), Japan ($53.1M), France ($51M), and Poland ($46.5M).
In 2020, the world most traded Other Mineral, disaggragated by their HS6 level were Mineral substances, nes ($1.71B), Vermiculite, perlite and chlorites, unexpanded ($213M), and Kieserite, epsomite (natural magnesium sulphates) ($132M)
This visualization shows the countries that have an important ratio of their trade related to Other Mineral. It is possible to select the main countries that export or import Other Mineral 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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