Overview: This page contains the latest trade data of Pig Iron. 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.
This map shows which countries export or import more of Pig Iron. Each country is colored based on the difference in exports and imports of Pig Iron during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Pig Iron were Russia ($2.17B), Ukraine ($1.22B), Brazil ($773M), South Africa ($243M), and India ($104M).
In 2018, the countries that had a largest trade value in imports than in exports of Pig Iron were United States ($2.22B), Italy ($519M), Turkey ($318M), Hong Kong ($181M), and Mexico ($137M).
In 2018, the average tariff for importing Pig Iron was 2.23%. The countries with the highest tariffs for importing Pig Iron were Bahamas (40.2%), Bermuda (25%), Ecuador (12.8%), Algeria (12.4%), and Aruba (12%).
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.