HS Icon Iron Pyrites

2502 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Iron Pyrites. In 2019, Iron Pyrites were the world's 1191st most traded product, with a total trade of $63.4M. Between 2018 and 2019 the exports of Iron Pyrites decreased by -14.1%, from $73.9M to $63.4M. Trade in Iron Pyrites represent 0.00035% of total world trade.

Exports In 2019 the top exporters of Iron Pyrites  were Bulgaria ($28.6M), China ($8.66M), Italy ($6.6M), Russia ($4.02M), and Finland ($3.89M).

Imports In 2019 the top importers of Iron Pyrites were China ($30.6M), Indonesia ($6.29M), Germany ($4.48M), Italy ($3.48M), and Japan ($2.63M).

Tariffs In 2018 the average tariff for Iron Pyrites was 2.39%, making it the 1189th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Iron Pyrites are Bahamas (40.2%), Bermuda (25%), Cambodia (15%), Georgia (11.4%), and Panama (10%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Bulgaria, $28.6M

Top Destination (2019): China, $30.6M

Iron Pyrites are the world's 1191st most traded product.

In 2019, the top exporters of Iron Pyrites were Bulgaria ($28.6M), China ($8.66M), Italy ($6.6M), Russia ($4.02M), and Finland ($3.89M).

In 2019, the top importers of Iron Pyrites were China ($30.6M), Indonesia ($6.29M), Germany ($4.48M), Italy ($3.48M), and Japan ($2.63M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $2.11M

Top Destination Growth (2018 - 2019): Indonesia, $4.44M

Between 2018 and 2019, the exports of Iron Pyrites grew the fastest in China ($2.11M), Bulgaria ($1.32M), Japan ($1.13M), Turkey ($466k), and Netherlands ($352k).

Between 2018 and 2019, the fastest growing importers of Iron Pyrites were Indonesia ($4.44M), China ($2.15M), Australia ($857k), Italy ($504k), and Saudi Arabia ($333k).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Iron Pyrites.

In 2019,  market concentration measured using Shannon Entropy, was 2.92. This means that most of the exports of Iron Pyrites are explained by 7 countries.

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TOP NET EXPORTER (2019): Bulgaria, $28.5M

TOP NET IMPORTER (2019): China, $21.9M

This map shows which countries export or import more of Iron Pyrites. Each country is colored based on the difference in exports and imports of Iron Pyrites during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Iron Pyrites were Bulgaria ($28.5M), Russia ($4M), Finland ($3.88M), Italy ($3.12M), and Turkey ($1.37M).

In 2019, the countries that had a largest trade value in imports than in exports of Iron Pyrites were China ($21.9M), Indonesia ($6.29M), Germany ($3.81M), Japan ($1.08M), and Mexico ($1.06M).

Disaggregation

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Value

In 2019, the world most traded Iron Pyrites, disaggragated by their HS6 level were Unroasted iron pyrites ($63.4M)

Import Tariffs

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In 2018, the average tariff for importing Iron Pyrites was 2.39%. The countries with the highest tariffs for importing Iron Pyrites were Bahamas (40.2%), Bermuda (25%), Cambodia (15%), Georgia (11.4%), and Panama (10%).

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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