HS Icon Pig iron, non-alloy, <0.5% phosphorus

720110 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Pig iron, non-alloy, <0.5% phosphorus. In 2020, Pig iron, non-alloy, <0.5% phosphorus were the world's 680th most traded product, with a total trade of $4.31B. Between 2019 and 2020 the exports of Pig iron, non-alloy, <0.5% phosphorus grew by 6.62%, from $4.04B to $4.31B. Trade in Pig iron, non-alloy, <0.5% phosphorus represent 0.026% of total world trade.

Pig iron, non-alloy, <0.5% phosphorus are a part of Pig Iron.

Exports In 2020 the top exporters of Pig iron, non-alloy, <0.5% phosphorus  were Russia ($1.26B), Brazil ($1.14B), Ukraine ($930M), Japan ($167M), and India ($140M).

Imports In 2020 the top importers of Pig iron, non-alloy, <0.5% phosphorus were China ($1.38B), United States ($1.24B), Turkey ($443M), Italy ($296M), and Netherlands ($125M).

Ranking Pig iron, non-alloy, <0.5% phosphorus ranks 3279th in the Product Complexity Index (PCI).

Description Pig iron is an impure form of iron that is used to make steel. Non-alloy refers to the lack of other elements in pig iron, typically phosphorus. In steel production, non-alloy pig iron is used to make steel.

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The following visualization shows the latest trends on Pig iron, non-alloy, <0.5% phosphorus. 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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): Russia, $1.26B

Top Destination (2020): China, $1.38B

Pig iron, non-alloy, <0.5% phosphorus are the world's 680th most traded product.

In 2020, the top exporters of Pig iron, non-alloy, <0.5% phosphorus were Russia ($1.26B), Brazil ($1.14B), Ukraine ($930M), Japan ($167M), and India ($140M).

In 2020, the top importers of Pig iron, non-alloy, <0.5% phosphorus were China ($1.38B), United States ($1.24B), Turkey ($443M), Italy ($296M), and Netherlands ($125M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Japan, $148M

Top Destination Growth (2019 - 2020): China, $1.15B

Between 2019 and 2020, the exports of Pig iron, non-alloy, <0.5% phosphorus grew the fastest in Japan ($148M), Brazil ($144M), Ukraine ($94.8M), India ($45.7M), and Canada ($34.8M).

Between 2019 and 2020, the fastest growing importers of Pig iron, non-alloy, <0.5% phosphorus were China ($1.15B), Turkey ($42.9M), United Arab Emirates ($33.5M), Hong Kong ($22.3M), and Peru ($10.2M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Pig iron, non-alloy, <0.5% phosphorus.

In 2020,  market concentration measured using Shannon Entropy, was 2.87. This means that most of the exports of Pig iron, non-alloy, <0.5% phosphorus are explained by 7 countries.

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TOP NET EXPORTER (2020): Russia, $1.26B

TOP NET IMPORTER (2020): China, $1.38B

This map shows which countries export or import more of Pig iron, non-alloy, <0.5% phosphorus. Each country is colored based on the difference in exports and imports of Pig iron, non-alloy, <0.5% phosphorus during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Pig iron, non-alloy, <0.5% phosphorus were Russia ($1.26B), Brazil ($1.14B), Ukraine ($930M), Japan ($150M), and India ($136M).

In 2020, the countries that had a largest trade value in imports than in exports of Pig iron, non-alloy, <0.5% phosphorus were China ($1.38B), United States ($1.24B), Turkey ($440M), Italy ($275M), and Netherlands ($77.4M).

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Pig iron, non-alloy, <0.5% phosphorus.
It is possible to select the main countries that export or import Pig iron, non-alloy, <0.5% phosphorus in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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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.