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Zinc ores and concentrates

2608 (Harmonized System 1992 for 4-digit)

2023
World Trade $10.2BRnk 359 / 1217
2023
Top Exporter | Top Importer $1.73B | $3.71BPeru | China
2023
Product Complexity -1.65Rnk 981 / 1044
2022 - 2023
Export Growth (CAGR) -30.7%Rnk 1157 / 1217
2023
Share of World Trade 0.045%Rnk 359 / 1217

About

Overview This page contains the latest trade data of Zinc Ore. In 2023, Zinc Ore were the world's 359th most traded product, with a total trade of $10.2B. Between 2022 and 2023 the exports of Zinc Ore decreased by -30.7%, from $14.7B to $10.2B. Trade in Zinc Ore represent 0.045% of total world trade.

Zinc Ore are a part of Ores, slag and ash. They include Zinc ores and concentrates.

Exports In 2023 the top exporters of Zinc Ore  were Peru ($1.73B), Australia ($1.4B), United States ($1.01B), Bolivia ($860M), and Belgium ($677M).

Imports In 2023 the top importers of Zinc Ore were China ($3.71B), South Korea ($1.21B), Spain ($782M), Canada ($705M), and Japan ($580M).

Ranking Zinc Ore ranks 981st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Zinc Ore. 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)Peru$1.73B
Top Destination (2023)China$3.71B

In 2023 Zinc Ore were the world's 359th most traded product (out of 1,217).

In 2023, the top exporters of Zinc Ore were Peru ($1.73B), Australia ($1.4B), United States ($1.01B), Bolivia ($860M), and Belgium ($677M).

In 2023, the top importers of Zinc Ore were China ($3.71B), South Korea ($1.21B), Spain ($782M), Canada ($705M), and Japan ($580M).

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Exporters of Zinc Ore (2023)
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Importers of Zinc Ore (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Belgium$173M
Top Destination Growth (2022 -  2023)Netherlands$101M

Between 2022 and 2023, the exports of Zinc Ore grew the fastest in Belgium ($173M), Canada ($17.7M), Oman ($13.7M), Zambia ($12.5M), and United Arab Emirates ($11.2M).

Between 2022 and 2023, the fastest growing importers of Zinc Ore were Netherlands ($101M), Switzerland ($37.1M), France ($32.4M), Mexico ($26.3M), and North Korea ($14.1M).

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Exporters of Zinc Ore (2022 - 2023)

Importers of Zinc Ore (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Zinc Ore.

In 2023, market concentration measured using Shannon Entropy, was 4.32. This means that most of the exports of Zinc Ore are explained by 19 countries.

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Value of Exports in Zinc Ore

Net Trade

TOP NET EXPORTER (2023)Peru$1.69B
TOP NET IMPORTER (2023)China$3.71B

This map shows which countries export or import more of Zinc Ore. Each country is colored based on the difference in exports and imports of Zinc Ore during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Zinc Ore were Peru ($1.69B), Australia ($1.14B), United States ($990M), Bolivia ($860M), and Mexico ($529M).

In 2023, the countries that had a largest trade value in imports than in exports of Zinc Ore were China ($3.71B), South Korea ($1.19B), Spain ($675M), Japan ($580M), and Canada ($552M).

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 Zinc Ore.
It is possible to select the main countries that export or import Zinc Ore in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Zinc Ore by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFinland+ $5.58M
TOP IMPORT POTENTIALSouth Africa+ $3.26M

Zinc Ore’s highest export potential is Finland. With an export gap of $5.58M.  Zinc Ore’s highest import potential is South Africa with an import gap of $3.26M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Zinc Ore.

Country by Relatedness

The following visualization shows the relatedness of Zinc Ore to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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