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Overview This page contains the latest trade data of Mineral substances, nes. In 2022, Mineral substances, nes were the world's 377th most traded product, with a total trade of $10.4B. Between 2021 and 2022 the exports of Mineral substances, nes grew by 297%, from $2.61B to $10.4B. Trade in Mineral substances, nes represent 0.044% of total world trade.

Mineral substances, nes are a part of Other Mineral.

Exports In 2022 the top exporters of Mineral substances, nes  were Australia ($8.27B), Brazil ($323M), China ($258M), Spain ($143M), and United States ($132M).

Imports In 2022 the top importers of Mineral substances, nes were China ($8.78B), Japan ($123M), United States ($120M), South Korea ($103M), and Belgium ($95.2M).

Ranking Mineral substances, nes ranks 4629th in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Mineral substances, nes. 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)Australia$8.27B
Top Destination (2022)China$8.78B

In 2022 Mineral substances, nes were the world's 377th most traded product (out of 4,648).

In 2022, the top exporters of Mineral substances, nes were Australia ($8.27B), Brazil ($323M), China ($258M), Spain ($143M), and United States ($132M).

In 2022, the top importers of Mineral substances, nes were China ($8.78B), Japan ($123M), United States ($120M), South Korea ($103M), and Belgium ($95.2M).

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Exporters of Mineral substances, nes (2022)
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Importers of Mineral substances, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Australia$7.06B
Top Destination Growth (2021 -  2022)China$7.37B

Between 2021 and 2022, the exports of Mineral substances, nes grew the fastest in Australia ($7.06B), Brazil ($255M), China ($92.6M), Nigeria ($62.4M), and India ($49.1M).

Between 2021 and 2022, the fastest growing importers of Mineral substances, nes were China ($7.37B), South Korea ($59.9M), Malaysia ($47M), Belgium ($43M), and Japan ($38.4M).

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Exporters of Mineral substances, nes (2021 - 2022)

Importers of Mineral substances, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Mineral substances, nes.

In 2022, market concentration measured using Shannon Entropy, was 1.69. This means that most of the exports of Mineral substances, nes are explained by 3 countries.

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Value of Exports in Mineral substances, nes

Net Trade

TOP NET EXPORTER (2022)Australia$8.26B
TOP NET IMPORTER (2022)China$8.52B

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

In 2022, the countries that had a largest trade value in exports than in imports of Mineral substances, nes were Australia ($8.26B), Brazil ($302M), Spain ($101M), Thailand ($74.2M), and Russia ($67.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Mineral substances, nes were China ($8.52B), Japan ($91.4M), South Korea ($80.7M), Belgium ($71.3M), and Turkey ($68M).

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

Top 10 Exporters Countries of Mineral substances, nes 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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