720110 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Pig iron, non-alloy, <0.5% phosphorus. In 2021, Pig iron, non-alloy, <0.5% phosphorus were the world's 545th most traded product, with a total trade of $6.77B. Between 2020 and 2021 the exports of Pig iron, non-alloy, <0.5% phosphorus grew by 57.3%, from $4.3B to $6.77B. Trade in Pig iron, non-alloy, <0.5% phosphorus represent 0.032% of total world trade.

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

Exports In 2021 the top exporters of Pig iron, non-alloy, <0.5% phosphorus  were Russia ($1.92B), Brazil ($1.69B), Ukraine ($1.59B), India ($472M), and South Africa ($225M).

Imports In 2021 the top importers of Pig iron, non-alloy, <0.5% phosphorus were United States ($2.92B), Turkey ($707M), Italy ($660M), China ($640M), and Netherlands ($286M).

Ranking Pig iron, non-alloy, <0.5% phosphorus ranks 3731st 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.

Latest Data

View
Flow
Y-AXIS SCALE

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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2021)Russia$1.92B
Top Destination (2021)United States$2.92B

In 2021 Pig iron, non-alloy, <0.5% phosphorus were the world's 545th most traded product (out of 4,641).

In 2021, the top exporters of Pig iron, non-alloy, <0.5% phosphorus were Russia ($1.92B), Brazil ($1.69B), Ukraine ($1.59B), India ($472M), and South Africa ($225M).

In 2021, the top importers of Pig iron, non-alloy, <0.5% phosphorus were United States ($2.92B), Turkey ($707M), Italy ($660M), China ($640M), and Netherlands ($286M).

Explore Visualizations

Exporters of Pig iron, non-alloy, <0.5% phosphorus (2021)
[Click to Select a Country]

Importers of Pig iron, non-alloy, <0.5% phosphorus (2021)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2020 -  2021)Russia$664M
Top Destination Growth (2020 -  2021)United States$1.69B

Between 2020 and 2021, the exports of Pig iron, non-alloy, <0.5% phosphorus grew the fastest in Russia ($664M), Ukraine ($655M), Brazil ($546M), India ($333M), and South Africa ($90.1M).

Between 2020 and 2021, the fastest growing importers of Pig iron, non-alloy, <0.5% phosphorus were United States ($1.69B), Italy ($364M), Turkey ($264M), Netherlands ($160M), and Chinese Taipei ($117M).

Explore Visualizations

Exporters of Pig iron, non-alloy, <0.5% phosphorus (2020 - 2021)

Importers of Pig iron, non-alloy, <0.5% phosphorus (2020 - 2021)

Market Concentration

Value

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

In 2021, market concentration measured using Shannon Entropy, was 2.89. This means that most of the exports of Pig iron, non-alloy, <0.5% phosphorus are explained by 7 countries.

Explore Visualizations

Value of Exports in Pig iron, non-alloy, <0.5% phosphorus

Net Trade

TOP NET EXPORTER (2021)Russia$1.92B
TOP NET IMPORTER (2021)United States$2.92B

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Pig iron, non-alloy, <0.5% phosphorus were Russia ($1.92B), Brazil ($1.68B), Ukraine ($1.58B), India ($468M), and South Africa ($225M).

In 2021, the countries that had a largest trade value in imports than in exports of Pig iron, non-alloy, <0.5% phosphorus were United States ($2.92B), Turkey ($704M), Italy ($634M), China ($611M), and Netherlands ($226M).

Net Trade (2021)

Country Comparison

Flow
Measure
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.

Top 10 Exporters Countries of Pig iron, non-alloy, <0.5% phosphorus 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 (2021)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with