HS Icon Zinc Ore

2608 (Harmonized System 1992 for 4-digit)

World Trade (2019): $11.1B, Rnk 294 / 1217

Top Exporter (2019): $1.7B, Australia

Top Importer (2019): $2.5B, China

Product Complexity (2019): -1.48, Rnk 885 / 961

Export Growth (CAGR)(2018 - 2019): -20.4%, Rnk 1151 / 1217

Mean Tariff (2018): 2.01%, Rnk 1234 / 1259

Share of World Trade (2019): 0.062%, Rnk 294 / 1217

Overview:  This page contains the latest trade data of Zinc Ore. In 2019, Zinc Ore were the world's 294th most traded product, with a total trade of $11.1B. Between 2018 and 2019 the exports of Zinc Ore decreased by -20.4%, from  $14B to $11.1B. Trade in Zinc Ore represent 0.062% of total world trade.

Exports: In 2019 the top exporters of Zinc Ore  were Australia ($1.7B), Peru ($1.65B), United States ($1.39B), Bolivia ($843M), and Mexico ($806M).

Imports: In 2019 the top importers of Zinc Ore were China ($2.5B), South Korea ($1.56B), Belgium ($1.07B), Spain ($950M), and Japan ($783M).

Tariffs: In 2018 the average tariff for Zinc Ore was 2.01%, making it the 1234th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Zinc Ore are Bahamas (40.2%), Bermuda (25%), Cuba (14.9%), Aruba (12%), and Panama (10%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Zinc Ore ranks 885th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): Australia, $1.7B

Top Destination (2019): China, $2.5B

Zinc Ore are the world's 294th most traded product.

In 2019, the top exporters of Zinc Ore were Australia ($1.7B), Peru ($1.65B), United States ($1.39B), Bolivia ($843M), and Mexico ($806M).

In 2019, the top importers of Zinc Ore were China ($2.5B), South Korea ($1.56B), Belgium ($1.07B), Spain ($950M), and Japan ($783M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): South Africa, $145M

Top Destination Growth (2018 - 2019): Mexico, $57.9M

Between 2018 and 2019, the exports of Zinc Ore grew the fastest in South Africa ($145M), Canada ($29.2M), Cuba ($13.8M), Netherlands ($10.1M), and Poland ($5.34M).

Between 2018 and 2019, the fastest growing importers of Zinc Ore were Mexico ($57.9M), Uzbekistan ($25.8M), Poland ($22.9M), United States ($19M), and Malaysia ($15M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Zinc Ore.

In 2019,  market concentration measured using Shannon Entropy, was 4.27. This means that most of the exports of Zinc Ore are explained by 19 countries.

Explore Visualizations

TOP NET EXPORTER (2019): Peru, $1.64B

TOP NET IMPORTER (2019): China, $2.5B

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

In 2019, the countries that had a largest trade value in exports than in imports of Zinc Ore were Peru ($1.64B), Australia ($1.42B), United States ($1.37B), Bolivia ($843M), and Mexico ($675M).

In 2019, the countries that had a largest trade value in imports than in exports of Zinc Ore were China ($2.5B), South Korea ($1.52B), Japan ($783M), Canada ($724M), and Spain ($701M).

Disaggregation

#permalink to section
Value

In 2019, the world most traded Zinc Ore, disaggragated by their HS6 level were Zinc ores and concentrates ($11.1B)

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Zinc Ore was 2.01%.  The countries with the highest tariffs for importing Zinc Ore were Bahamas (40.2%), Bermuda (25%), Cuba (14.9%), Aruba (12%), and Panama (10%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.