HS Icon 20% Manganes onClick=titleClick(0)>Manganese ores, concentrates, iron ores >20% Manganes

260200 (Harmonized System 1992 for 6-digit)

World Trade (2018): $8.04B, Rnk 398 / 4726

Top Exporter (2018): $3.53B, South Africa

Top Importer (2018): $4.84B, China

Product Complexity (2018): -2.35, Rnk 4830 / 4873

Export Growth (CAGR)(2017 - 2018): 32.4%, Rnk 703 / 4726

Mean Tariff (2018): 2.24%, Rnk 6109 / 6538

Share of World Trade (2018): 0.044%, Rnk 398 / 4726

Overview:  This page contains the latest trade data of Manganese ores, concentrates, iron ores >20% Manganes. In 2018, Manganese ores, concentrates, iron ores >20% Manganes were the world's 398th most traded product, with a total trade of $8.04B. Between 2017 and 2018 the exports of Manganese ores, concentrates, iron ores >20% Manganes grew by 32.4%, from  $6.07B to $8.04B. Trade in Manganese ores, concentrates, iron ores >20% Manganes represent 0.044% of total world trade.

Exports: In 2018 the top exporters of Manganese ores, concentrates, iron ores >20% Manganes  were South Africa ($3.53B), Australia ($1.93B), Gabon ($1.22B), Brazil ($418M), and Ghana ($389M).

Imports: In 2018 the top importers of Manganese ores, concentrates, iron ores >20% Manganes were China ($4.84B), India ($554M), South Korea ($349M), Japan ($341M), and Norway ($303M).

Tariffs: In 2018 the average tariff for Manganese ores, concentrates, iron ores >20% Manganes was 2.24%, been the 6109 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Manganese ores, concentrates, iron ores >20% Manganes are Bahamas (40.2%), Bermuda (25%), Aruba (12%), Panama (10%), and Nepal (9.89%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Manganese ores, concentrates, iron ores >20% Manganes ranks 4830th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): South Africa, $3.53B

Top Destination (2018): China, $4.84B

Manganese ores, concentrates, iron ores >20% Manganes are the world's 398th most traded product.

In 2018, the top exporters of Manganese ores, concentrates, iron ores >20% Manganes were South Africa ($3.53B), Australia ($1.93B), Gabon ($1.22B), Brazil ($418M), and Ghana ($389M).

In 2018, the top importers of Manganese ores, concentrates, iron ores >20% Manganes were China ($4.84B), India ($554M), South Korea ($349M), Japan ($341M), and Norway ($303M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): South Africa, $896M

Top Destination Growth (2017 - 2018): China, $1.54B

Between 2017 and 2018, the exports of Manganese ores, concentrates, iron ores >20% Manganes grew the fastest in South Africa ($896M), Australia ($580M), Gabon ($208M), Ghana ($125M), and Brazil ($63M).

Between 2017 and 2018, the fastest growing importers of Manganese ores, concentrates, iron ores >20% Manganes were China ($1.54B), Malaysia ($84.5M), Russia ($82.5M), South Korea ($56.5M), and United States ($45.3M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Manganese ores, concentrates, iron ores >20% Manganes.

In 2018,  market concentration measured using Shannon Entropy, was 2.44. This means that most of the exports of Manganese ores, concentrates, iron ores >20% Manganes are explained by 5 countries.

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TOP NET EXPORTER (2018): South Africa, $3.52B

TOP NET IMPORTER (2018): China, $4.82B

This map shows which countries export or import more of Manganese ores, concentrates, iron ores >20% Manganes. Each country is colored based on the difference in exports and imports of Manganese ores, concentrates, iron ores >20% Manganes during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Manganese ores, concentrates, iron ores >20% Manganes were South Africa ($3.52B), Australia ($1.9B), Gabon ($1.22B), Brazil ($398M), and Ghana ($389M).

In 2018, the countries that had a largest trade value in imports than in exports of Manganese ores, concentrates, iron ores >20% Manganes were China ($4.82B), India ($545M), South Korea ($348M), Japan ($340M), and Norway ($298M).

Trade Forecasts

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This section shows forecasts for total trade for Manganese ores, concentrates, iron ores >20% Manganes. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Manganese ores, concentrates, iron ores >20% Manganes was 2.24%.  The countries with the highest tariffs for importing Manganese ores, concentrates, iron ores >20% Manganes were Bahamas (40.2%), Bermuda (25%), Aruba (12%), Panama (10%), and Nepal (9.89%).

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Product Complexity

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Diversification Frontier

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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.