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810600 (Harmonized System 1992 for 6-digit)

2023
World Trade $76.7MRnk 4186 / 4644
2023
Top Exporter | Top Importer $32.2M | $19MChina | United States
2023
Product Complexity -0.057Rnk 2638 / 4656
2022 - 2023
Export Growth (CAGR) -42.5%Rnk 4468 / 4644
2023
Share of World Trade 0.00034%Rnk 4186 / 4644

About

Overview This page contains the latest trade data of Bismuth, articles thereof, waste or scrap. In 2023, Bismuth, articles thereof, waste or scrap were the world's 4186th most traded product, with a total trade of $76.7M. Between 2022 and 2023 the exports of Bismuth, articles thereof, waste or scrap decreased by -42.5%, from $133M to $76.7M. Trade in Bismuth, articles thereof, waste or scrap represent 0.00034% of total world trade.

Bismuth, articles thereof, waste or scrap are a part of Bismuth.

Exports In 2023 the top exporters of Bismuth, articles thereof, waste or scrap  were China ($32.2M), South Korea ($7.16M), United States ($6.05M), Germany ($4.53M), and Japan ($4.17M).

Imports In 2023 the top importers of Bismuth, articles thereof, waste or scrap were United States ($19M), Germany ($9.78M), China ($6.67M), Netherlands ($4.22M), and Italy ($3.46M).

Ranking Bismuth, articles thereof, waste or scrap ranks 2638th in the Product Complexity Index (PCI).

Description Bismuth is a brittle, pale-metallic element that is used in metallurgy, electronics, and as a fire suppressant.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bismuth, articles thereof, waste or scrap. 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)China$32.2M
Top Destination (2023)United States$19M

In 2023 Bismuth, articles thereof, waste or scrap were the world's 4186th most traded product (out of 4,644).

In 2023, the top exporters of Bismuth, articles thereof, waste or scrap were China ($32.2M), South Korea ($7.16M), United States ($6.05M), Germany ($4.53M), and Japan ($4.17M).

In 2023, the top importers of Bismuth, articles thereof, waste or scrap were United States ($19M), Germany ($9.78M), China ($6.67M), Netherlands ($4.22M), and Italy ($3.46M).

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Exporters of Bismuth, articles thereof, waste or scrap (2023)
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Importers of Bismuth, articles thereof, waste or scrap (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Peru$1.64M
Top Destination Growth (2022 -  2023)Romania$790k

Between 2022 and 2023, the exports of Bismuth, articles thereof, waste or scrap grew the fastest in Peru ($1.64M), Malaysia ($753k), Kazakhstan ($703k), Luxembourg ($640k), and Mexico ($518k).

Between 2022 and 2023, the fastest growing importers of Bismuth, articles thereof, waste or scrap were Romania ($790k), Canada ($513k), India ($500k), Italy ($283k), and Austria ($204k).

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Exporters of Bismuth, articles thereof, waste or scrap (2022 - 2023)

Importers of Bismuth, articles thereof, waste or scrap (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bismuth, articles thereof, waste or scrap.

In 2023, market concentration measured using Shannon Entropy, was 3.29. This means that most of the exports of Bismuth, articles thereof, waste or scrap are explained by 9 countries.

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Value of Exports in Bismuth, articles thereof, waste or scrap

Net Trade

TOP NET EXPORTER (2023)China$25.5M
TOP NET IMPORTER (2023)United States$12.9M

This map shows which countries export or import more of Bismuth, articles thereof, waste or scrap. Each country is colored based on the difference in exports and imports of Bismuth, articles thereof, waste or scrap during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bismuth, articles thereof, waste or scrap were China ($25.5M), South Korea ($6.34M), Belgium ($3.41M), Japan ($2.1M), and Peru ($1.58M).

In 2023, the countries that had a largest trade value in imports than in exports of Bismuth, articles thereof, waste or scrap were United States ($12.9M), Germany ($5.25M), Italy ($3.17M), India ($3.11M), and Canada ($1.78M).

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 Bismuth, articles thereof, waste or scrap.
It is possible to select the main countries that export or import Bismuth, articles thereof, waste or scrap in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bismuth, articles thereof, waste or scrap 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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