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2022
Exports $11.9kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Iron Ore-1.87Rnk 987 / 1025
2022
Imports $15.5kWorld Rnk 103 / 125
Flag Rnk 975 / 1127
2023
ECONOMIC COMPLEXITY of Democratic Republic of the Congo-1.94Rnk 130 / 132

About

Imports In 2023, Democratic Republic of the Congo imported $15.5k in Iron Ore, becoming the 103rd largest importer of Iron Ore in the world. At the same year, Iron Ore was the 975th most imported product in Democratic Republic of the Congo. Democratic Republic of the Congo imports Iron Ore primarily from: Uganda ($9.36k), South Africa ($4.43k), and Angola ($1.66k).

The fastest growing import markets in Iron Ore for Democratic Republic of the Congo between 2022 and 2023 were Uganda ($9.36k), South Africa ($4.43k), and Angola ($1.66k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron Ore. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.9k
IMPORTS (2023)$15.5k
NET TRADE (2023)-$15.5k

In 2023, Democratic Republic of the Congo imported $15.5k in Iron Ore, mainly from Uganda ($9.36k), South Africa ($4.43k), and Angola ($1.66k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Democratic Republic of the Congo WERE (N/A - 2022):
Zambia-$11.5k (-100%)
South Africa-$296 (-100%)
India-$128 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Democratic Republic of the Congo's main exporting competitors in Iron Ore were:
Australia $85.4B
Brazil $34B
Canada $7.23B
In 2023, Democratic Republic of the Congo's main importing competitors in Iron Ore were:
China $112B
Japan $9.3B
South Korea $7.07B

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $3.05k
TOP IMPORT POTENTIALIndia+ $1.94k

Iron Ore’s highest export potential is China. With an export gap of $3.05k.   Iron Ore’s highest import potential is India with an import gap of $1.94k.

See methodology.

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