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Pricing

720120 (Harmonized System 1992 for 6-digit)

2023
World Trade $31.4MRnk 4411 / 4644
2023
Top Exporter | Top Importer $9.18M | $9.32MAngola | India
2023
Product Complexity 0.03Rnk 2500 / 4656
2022 - 2023
Export Growth (CAGR) -47.2%Rnk 4507 / 4644
2023
Share of World Trade 0.00014%Rnk 4411 / 4644

About

Overview This page contains the latest trade data of Pig iron, non-alloy, >0.5% phosphorus. In 2023, Pig iron, non-alloy, >0.5% phosphorus were the world's 4411th most traded product, with a total trade of $31.4M. Between 2022 and 2023 the exports of Pig iron, non-alloy, >0.5% phosphorus decreased by -47.2%, from $59.5M to $31.4M. Trade in Pig iron, non-alloy, >0.5% phosphorus represent 0.00014% of total world trade.

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

Exports In 2023 the top exporters of Pig iron, non-alloy, >0.5% phosphorus  were Angola ($9.18M), Germany ($7.26M), China ($6.96M), India ($2.01M), and Slovenia ($1.53M).

Imports In 2023 the top importers of Pig iron, non-alloy, >0.5% phosphorus were India ($9.32M), Chinese Taipei ($5M), Saudi Arabia ($3.94M), Bahrain ($1.83M), and Bahamas ($1.53M).

Ranking Pig iron, non-alloy, >0.5% phosphorus ranks 2500th in the Product Complexity Index (PCI).

Description Pig iron is the raw form of iron, unrefined. It is often used in steel production because it is cheap and contains very low amounts of carbon, which would interfere with the steel-making process. Non-alloy pig iron contains over 0.5% phosphorus, which is used for making cast iron.

Latest Trends

Latest Data

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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.

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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)Angola$9.18M
Top Destination (2023)India$9.32M

In 2023 Pig iron, non-alloy, >0.5% phosphorus were the world's 4411th most traded product (out of 4,644).

In 2023, the top exporters of Pig iron, non-alloy, >0.5% phosphorus were Angola ($9.18M), Germany ($7.26M), China ($6.96M), India ($2.01M), and Slovenia ($1.53M).

In 2023, the top importers of Pig iron, non-alloy, >0.5% phosphorus were India ($9.32M), Chinese Taipei ($5M), Saudi Arabia ($3.94M), Bahrain ($1.83M), and Bahamas ($1.53M).

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Exporters of Pig iron, non-alloy, >0.5% phosphorus (2023)
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Importers of Pig iron, non-alloy, >0.5% phosphorus (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Angola$9.18M
Top Destination Growth (2022 -  2023)India$9.08M

Between 2022 and 2023, the exports of Pig iron, non-alloy, >0.5% phosphorus grew the fastest in Angola ($9.18M), China ($5.76M), Sweden ($1.14M), Belgium ($146k), and Czechia ($105k).

Between 2022 and 2023, the fastest growing importers of Pig iron, non-alloy, >0.5% phosphorus were India ($9.08M), Chinese Taipei ($5M), Spain ($1.16M), Indonesia ($799k), and Austria ($394k).

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Exporters of Pig iron, non-alloy, >0.5% phosphorus (2022 - 2023)

Importers of Pig iron, non-alloy, >0.5% phosphorus (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.85. This means that most of the exports of Pig iron, non-alloy, >0.5% phosphorus are explained by 7 countries.

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

Net Trade

TOP NET EXPORTER (2023)Angola$9.18M
TOP NET IMPORTER (2023)India$7.31M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Pig iron, non-alloy, >0.5% phosphorus were Angola ($9.18M), Germany ($7.17M), China ($6.96M), Slovenia ($1.53M), and Sweden ($1.11M).

In 2023, the countries that had a largest trade value in imports than in exports of Pig iron, non-alloy, >0.5% phosphorus were India ($7.31M), France ($926k), Spain ($827k), United Arab Emirates ($671k), and Austria ($439k).

Net Trade (2023)

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.

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 (2023)

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