Overview: In 2018, Pig Iron were the world's 474th most traded product, with a total trade of $5.52B. Between 2017 and 2018 the exports of Pig Iron grew by 23.3%, from $4.48B to $5.52B. Trade in Pig Iron represent 0.03% of total world trade.
Exports: In 2018 the top exporters of Pig Iron were Russia ($2.31B), Ukraine ($1.22B), Brazil ($774M), South Africa ($245M), and India ($135M).
Imports: In 2018 the top importers of Pig Iron were United States ($2.23B), Italy ($560M), Turkey ($319M), Germany ($213M), and Netherlands ($207M).
Tariffs: In 2018 the average tariff for Pig Iron was 2.23%, been the 1210 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Pig Iron are Bahamas (40.2%), Bermuda (25%), Ecuador (12.8%), Algeria (12.4%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Pig Iron ranks 781st in the Product Complexity Index (PCI).