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280421 (Harmonized System 1992 for 6-digit)

2023
World Trade $429MRnk 3002 / 4644
2023
Top Exporter | Top Importer $50.7M | $51.2MGermany | Italy
2023
Product Complexity -0.17Rnk 2798 / 4656
2022 - 2023
Export Growth (CAGR) 29.8%Rnk 158 / 4644
2023
Share of World Trade 0.0019%Rnk 3002 / 4644

About

Overview This page contains the latest trade data of Argon. In 2023, Argon were the world's 3002nd most traded product, with a total trade of $429M. Between 2022 and 2023 the exports of Argon grew by 29.8%, from $330M to $429M. Trade in Argon represent 0.0019% of total world trade.

Argon are a part of Hydrogen.

Exports In 2023 the top exporters of Argon  were Germany ($50.7M), China ($33.3M), Netherlands ($32M), Belgium ($29.9M), and United States ($26.4M).

Imports In 2023 the top importers of Argon were Italy ($51.2M), United States ($23.6M), Mexico ($22.3M), France ($20.7M), and United Kingdom ($17M).

Ranking Argon ranks 2798th 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 (2023)Germany$50.7M
Top Destination (2023)Italy$51.2M

In 2023 Argon were the world's 3002nd most traded product (out of 4,644).

In 2023, the top exporters of Argon were Germany ($50.7M), China ($33.3M), Netherlands ($32M), Belgium ($29.9M), and United States ($26.4M).

In 2023, the top importers of Argon were Italy ($51.2M), United States ($23.6M), Mexico ($22.3M), France ($20.7M), and United Kingdom ($17M).

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Exporters of Argon (2023)
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Importers of Argon (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$14.2M
Top Destination Growth (2022 -  2023)Italy$20.1M

Between 2022 and 2023, the exports of Argon grew the fastest in United States ($14.2M), Germany ($11.2M), Netherlands ($10.8M), Poland ($7.35M), and Belgium ($6.45M).

Between 2022 and 2023, the fastest growing importers of Argon were Italy ($20.1M), Mexico ($15.7M), Romania ($8.51M), Turkey ($8.21M), and France ($7.42M).

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Exporters of Argon (2022 - 2023)

Importers of Argon (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 5.08. This means that most of the exports of Argon are explained by 33 countries.

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Value of Exports in Argon

Net Trade

TOP NET EXPORTER (2023)Germany$38.2M
TOP NET IMPORTER (2023)Italy$47.7M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Argon were Germany ($38.2M), China ($32.9M), Belgium ($21.4M), Netherlands ($19.6M), and Canada ($19.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Argon were Italy ($47.7M), Mexico ($21.2M), France ($13.7M), Turkey ($11.7M), and Thailand ($10.9M).

Net Trade (2023)

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 (2023)

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