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Granulated slag (slag sand) from the manufacture of iron or steel

2618 (Harmonized System 1992 for 4-digit)

2022
World Trade $950MRnk 951 / 1218
2022
Top Exporter | Top Importer $158M | $107MSouth Africa | United Kingdom
2022
Product Complexity -0.08Rnk 582 / 1033
2021 - 2022
Export Growth (CAGR) -4.25%Rnk 1007 / 1218
2022
Share of World Trade 0.004%Rnk 951 / 1218

About

Overview This page contains the latest trade data of Granulated Slag. In 2022, Granulated Slag were the world's 951st most traded product, with a total trade of $950M. Between 2021 and 2022 the exports of Granulated Slag decreased by -4.25%, from $992M to $950M. Trade in Granulated Slag represent 0.004% of total world trade.

Granulated Slag are a part of Ores, slag and ash. They include Granulated slag (slag sand) from iron, steel industry.

Exports In 2022 the top exporters of Granulated Slag  were South Africa ($158M), Japan ($143M), India ($76.2M), Germany ($66.7M), and China ($46.5M).

Imports In 2022 the top importers of Granulated Slag were United Kingdom ($107M), Netherlands ($102M), United States ($84.4M), Singapore ($55.7M), and Belgium ($51.1M).

Ranking Granulated Slag ranks 582nd in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Granulated Slag. 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)South Africa$158M
Top Destination (2022)United Kingdom$107M

In 2022 Granulated Slag were the world's 951st most traded product (out of 1,218).

In 2022, the top exporters of Granulated Slag were South Africa ($158M), Japan ($143M), India ($76.2M), Germany ($66.7M), and China ($46.5M).

In 2022, the top importers of Granulated Slag were United Kingdom ($107M), Netherlands ($102M), United States ($84.4M), Singapore ($55.7M), and Belgium ($51.1M).

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Exporters of Granulated Slag (2022)
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Importers of Granulated Slag (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)France$25.4M
Top Destination Growth (2021 -  2022)United Kingdom$43.5M

Between 2021 and 2022, the exports of Granulated Slag grew the fastest in France ($25.4M), Serbia ($17.1M), India ($10.7M), China ($9.65M), and Turkey ($8.4M).

Between 2021 and 2022, the fastest growing importers of Granulated Slag were United Kingdom ($43.5M), Netherlands ($36.1M), Hungary ($18.1M), France ($15M), and South Korea ($12.7M).

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Exporters of Granulated Slag (2021 - 2022)

Importers of Granulated Slag (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Granulated Slag.

In 2022, market concentration measured using Shannon Entropy, was 4.39. This means that most of the exports of Granulated Slag are explained by 20 countries.

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Value of Exports in Granulated Slag

Net Trade

TOP NET EXPORTER (2022)South Africa$156M
TOP NET IMPORTER (2022)United Kingdom$105M

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

In 2022, the countries that had a largest trade value in exports than in imports of Granulated Slag were South Africa ($156M), Japan ($134M), India ($74.4M), Germany ($53.8M), and China ($44.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Granulated Slag were United Kingdom ($105M), United States ($76.3M), Netherlands ($61.5M), Singapore ($55.5M), and Bangladesh ($47.2M).

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 Granulated Slag.
It is possible to select the main countries that export or import Granulated Slag in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Granulated Slag by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $187k
TOP IMPORT POTENTIALUnited States+ $16.7k

Granulated Slag’s highest export potential is Germany. With an export gap of $187k.  Granulated Slag’s highest import potential is United States with an import gap of $16.7k.

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 (2022)

Country by Relatedness

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

Relative Relatedness by Country (2022)

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