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280421 (Harmonized System 1992 for 6-digit)

2022
World Trade $326MRnk 3338 / 4648
2022
Top Exporter | Top Importer $38.8M | $30.2MGermany | Italy
2022
Product Complexity -0.066Rnk 2616 / 4653
2021 - 2022
Export Growth (CAGR) 11.6%Rnk 1456 / 4648
2022
Share of World Trade 0.0014%Rnk 3338 / 4648

About

Overview This page contains the latest trade data of Argon. In 2022, Argon were the world's 3338th most traded product, with a total trade of $326M. Between 2021 and 2022 the exports of Argon grew by 11.6%, from $292M to $326M. Trade in Argon represent 0.0014% of total world trade.

Argon are a part of Hydrogen.

Exports In 2022 the top exporters of Argon  were Germany ($38.8M), China ($25.4M), Netherlands ($23.3M), Belgium ($22.1M), and Canada ($17.6M).

Imports In 2022 the top importers of Argon were Italy ($30.2M), United States ($20.5M), France ($16.8M), Indonesia ($16.8M), and Poland ($11.9M).

Ranking Argon ranks 2616th in the Product Complexity Index (PCI).

Description Argon gas is used to fill helium balloons because it is non-flammable and non-toxic. Argon gas is a common shielding gas for welding, and it is also used in the manufacture of semiconductors and flat-panel displays.

Latest Trends

Latest Data

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Germany$38.8M
Top Destination (2022)Italy$30.2M

In 2022 Argon were the world's 3338th most traded product (out of 4,648).

In 2022, the top exporters of Argon were Germany ($38.8M), China ($25.4M), Netherlands ($23.3M), Belgium ($22.1M), and Canada ($17.6M).

In 2022, the top importers of Argon were Italy ($30.2M), United States ($20.5M), France ($16.8M), Indonesia ($16.8M), and Poland ($11.9M).

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Exporters of Argon (2022)
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Importers of Argon (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Turkey$6.57M
Top Destination Growth (2021 -  2022)Italy$9.55M

Between 2021 and 2022, the exports of Argon grew the fastest in Turkey ($6.57M), Kuwait ($3.8M), Czechia ($3.37M), Iran ($3.28M), and Austria ($3.18M).

Between 2021 and 2022, the fastest growing importers of Argon were Italy ($9.55M), Turkey ($5.08M), Singapore ($3.13M), Greece ($2.97M), and Albania ($2.9M).

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Exporters of Argon (2021 - 2022)

Importers of Argon (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Argon.

In 2022, market concentration measured using Shannon Entropy, was 5.09. This means that most of the exports of Argon are explained by 34 countries.

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Value of Exports in Argon

Net Trade

TOP NET EXPORTER (2022)Germany$29.3M
TOP NET IMPORTER (2022)Italy$27.4M

This map shows which countries export or import more of Argon. Each country is colored based on the difference in exports and imports of Argon during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Argon were Germany ($29.3M), China ($25.1M), Belgium ($17.2M), Canada ($16.2M), and Netherlands ($14.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Argon were Italy ($27.4M), Indonesia ($15.5M), France ($10.2M), Thailand ($8.72M), and Ireland ($7.54M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Argon.
It is possible to select the main countries that export or import Argon in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Argon by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2022)

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