Overview: This page contains the latest trade data of Pig Iron. In 2019, Pig Iron were the world's 527th most traded product, with a total trade of $4.48B. Between 2018 and 2019 the exports of Pig Iron decreased by -19.2%, from $5.54B to $4.48B. Trade in Pig Iron represent 0.025% of total world trade.
Exports: In 2019 the top exporters of Pig Iron were Russia ($1.55B), Brazil ($1B), Ukraine ($872M), South Africa ($186M), and India ($95.2M).
Imports: In 2019 the top importers of Pig Iron were United States ($1.55B), Italy ($428M), Turkey ($397M), China ($370M), and Netherlands ($210M).
Tariffs: In 2018 the average tariff for Pig Iron was 2.23%, making it the 1210th 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 814th in the Product Complexity Index (PCI).
Description: Pig iron is a type of iron that has been made by melting pig iron. It's used in the production of steel, and is usually sold as a raw material. Pig iron can also be used to make other products, such as castings and foundry sand. Spiegeleisen is a type of iron that has been made by melting spiegeleisen. It's used in the production of steel, and is usually sold as a raw material.