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2524 (Harmonized System 1992 for 4-digit)

2023
World Trade $509MRnk 1036 / 1217
2023
Top Exporter | Top Importer $279M | $253MRussia | India
2022 - 2023
Export Growth (CAGR) -0.97%Rnk 439 / 1217
2023
Share of World Trade 0.0023%Rnk 1036 / 1217

About

Overview This page contains the latest trade data of Asbestos. In 2023, Asbestos were the world's 1036th most traded product, with a total trade of $509M. Between 2022 and 2023 the exports of Asbestos decreased by -0.97%, from $514M to $509M. Trade in Asbestos represent 0.0023% of total world trade.

Asbestos are a part of Salt, sulphur, cement, lime, stone, & plaster. They include Asbestos.

Exports In 2023 the top exporters of Asbestos  were Russia ($279M), Brazil ($103M), Kazakhstan ($102M), China ($16.5M), and India ($2.38M).

Imports In 2023 the top importers of Asbestos were India ($253M), Indonesia ($60M), China ($55.8M), Uzbekistan ($36.9M), and Thailand ($25.6M).

Description Asbestos is a mineral that is mined from the earth and used in products such as insulation, roofing, and fireproofing. It is also used in some paints, plastics, and cement.

Latest Trends

Latest Data

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

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

Explore Latest Trends

* 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)Russia$279M
Top Destination (2023)India$253M

In 2023 Asbestos were the world's 1036th most traded product (out of 1,217).

In 2023, the top exporters of Asbestos were Russia ($279M), Brazil ($103M), Kazakhstan ($102M), China ($16.5M), and India ($2.38M).

In 2023, the top importers of Asbestos were India ($253M), Indonesia ($60M), China ($55.8M), Uzbekistan ($36.9M), and Thailand ($25.6M).

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

Color
Top Origin Growth (2022 -  2023)Russia$27.1M
Top Destination Growth (2022 -  2023)Sri Lanka$8.18M

Between 2022 and 2023, the exports of Asbestos grew the fastest in Russia ($27.1M), Kazakhstan ($26.1M), China ($9.95M), India ($943k), and Vietnam ($355k).

Between 2022 and 2023, the fastest growing importers of Asbestos were Sri Lanka ($8.18M), Bangladesh ($7.57M), Thailand ($5.56M), South Africa ($1.69M), and Zimbabwe ($1.23M).

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Exporters of Asbestos (2022 - 2023)

Importers of Asbestos (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 1.7. This means that most of the exports of Asbestos are explained by 3 countries.

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Value of Exports in Asbestos

Net Trade

TOP NET EXPORTER (2023)Russia$279M
TOP NET IMPORTER (2023)India$251M

This map shows which countries export or import more of Asbestos. Each country is colored based on the difference in exports and imports of Asbestos during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Asbestos were Russia ($279M), Brazil ($103M), Kazakhstan ($99.2M), Poland ($1.12M), and Germany ($848k).

In 2023, the countries that had a largest trade value in imports than in exports of Asbestos were India ($251M), Indonesia ($60M), China ($39.3M), Thailand ($25.6M), and Vietnam ($1.71M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Asbestos by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALPakistan+ $128k
TOP IMPORT POTENTIALKazakhstan+ $426

Asbestos’s highest export potential is Pakistan. With an export gap of $128k.  Asbestos’s highest import potential is Kazakhstan with an import gap of $426.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Asbestos to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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