732611 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Balls, iron/steel, forged/stamped for grinding mills. In 2022, Balls, iron/steel, forged/stamped for grinding mills were the world's 1664th most traded product, with a total trade of $1.67B. Between 2021 and 2022 the exports of Balls, iron/steel, forged/stamped for grinding mills grew by 25.9%, from $1.33B to $1.67B. Trade in Balls, iron/steel, forged/stamped for grinding mills represent 0.0071% of total world trade.

Balls, iron/steel, forged/stamped for grinding mills are a part of Other Iron Products.

Exports In 2022 the top exporters of Balls, iron/steel, forged/stamped for grinding mills  were China ($1.07B), Chile ($102M), Spain ($64M), United States ($58.4M), and Russia ($57.8M).

Imports In 2022 the top importers of Balls, iron/steel, forged/stamped for grinding mills were Chile ($260M), Kazakhstan ($180M), Brazil ($141M), Mexico ($103M), and Ghana ($61.9M).

Ranking Balls, iron/steel, forged/stamped for grinding mills ranks 4037th in the Product Complexity Index (PCI).

Description There are a lot of different types of grinding mills and each use different types of balls, iron/steel, and forged/stamped parts to do the job. Each type of grinding mill is different and has different parts that are used to do the job. For instance, ball mills are used to grind materials with a high silica content and they need specially made balls that are softer and more durable than steel. On the other hand, they can also use iron/steel or forged/stamped parts for steel mills.

Latest Data

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The following visualization shows the latest trends on Balls, iron/steel, forged/stamped for grinding mills. 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)China$1.07B
Top Destination (2022)Chile$260M

In 2022 Balls, iron/steel, forged/stamped for grinding mills were the world's 1664th most traded product (out of 4,648).

In 2022, the top exporters of Balls, iron/steel, forged/stamped for grinding mills were China ($1.07B), Chile ($102M), Spain ($64M), United States ($58.4M), and Russia ($57.8M).

In 2022, the top importers of Balls, iron/steel, forged/stamped for grinding mills were Chile ($260M), Kazakhstan ($180M), Brazil ($141M), Mexico ($103M), and Ghana ($61.9M).

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Exporters of Balls, iron/steel, forged/stamped for grinding mills (2022)
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Importers of Balls, iron/steel, forged/stamped for grinding mills (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$277M
Top Destination Growth (2021 -  2022)Kazakhstan$106M

Between 2021 and 2022, the exports of Balls, iron/steel, forged/stamped for grinding mills grew the fastest in China ($277M), Mexico ($17.5M), Indonesia ($13.7M), Zambia ($13.6M), and Thailand ($11.8M).

Between 2021 and 2022, the fastest growing importers of Balls, iron/steel, forged/stamped for grinding mills were Kazakhstan ($106M), Canada ($27.7M), Mexico ($23.7M), Ghana ($23.2M), and Democratic Republic of the Congo ($22.3M).

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Exporters of Balls, iron/steel, forged/stamped for grinding mills (2021 - 2022)

Importers of Balls, iron/steel, forged/stamped for grinding mills (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Balls, iron/steel, forged/stamped for grinding mills.

In 2022, market concentration measured using Shannon Entropy, was 2.46. This means that most of the exports of Balls, iron/steel, forged/stamped for grinding mills are explained by 5 countries.

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Value of Exports in Balls, iron/steel, forged/stamped for grinding mills

Net Trade

TOP NET EXPORTER (2022)China$1.07B
TOP NET IMPORTER (2022)Kazakhstan$179M

This map shows which countries export or import more of Balls, iron/steel, forged/stamped for grinding mills. Each country is colored based on the difference in exports and imports of Balls, iron/steel, forged/stamped for grinding mills during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Balls, iron/steel, forged/stamped for grinding mills were China ($1.07B), Spain ($45.4M), Russia ($41.6M), Italy ($40.4M), and South Africa ($28M).

In 2022, the countries that had a largest trade value in imports than in exports of Balls, iron/steel, forged/stamped for grinding mills were Kazakhstan ($179M), Chile ($157M), Brazil ($141M), Mexico ($76.7M), and Mongolia ($61M).

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 Balls, iron/steel, forged/stamped for grinding mills.
It is possible to select the main countries that export or import Balls, iron/steel, forged/stamped for grinding mills in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Balls, iron/steel, forged/stamped for grinding mills 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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