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261790 (Harmonized System 1992 for 6-digit)

2022
World Trade $207MRnk 3691 / 4648
2022
Top Exporter | Top Importer $72.1M | $74.6MDemocratic Republic of the Congo | China
2022
Product Complexity -2.58Rnk 4624 / 4653
2021 - 2022
Export Growth (CAGR) -16.7%Rnk 4235 / 4648
2022
Share of World Trade 0.00088%Rnk 3691 / 4648

About

Overview This page contains the latest trade data of ores and concentrates nes. In 2022, ores and concentrates nes were the world's 3691st most traded product, with a total trade of $207M. Between 2021 and 2022 the exports of ores and concentrates nes decreased by -16.7%, from $249M to $207M. Trade in ores and concentrates nes represent 0.00088% of total world trade.

ores and concentrates nes are a part of Other Ores.

Exports In 2022 the top exporters of ores and concentrates nes  were Democratic Republic of the Congo ($72.1M), Canada ($50.9M), Trinidad and Tobago ($15.2M), Kenya ($12.9M), and Mexico ($8.77M).

Imports In 2022 the top importers of ores and concentrates nes were China ($74.6M), Hong Kong ($44.1M), Japan ($17.6M), Belgium ($13.9M), and Netherlands ($11.9M).

Ranking ores and concentrates nes ranks 4624th in the Product Complexity Index (PCI).

Description Ores are materials found in the ground that contain a valuable mineral that is mined to extract and refine the mineral. Once the desired mineral is removed, the remaining materials are called concentrates.

Latest Trends

Latest Data

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The following visualization shows the latest trends on ores and concentrates 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)Democratic Republic of the Congo$72.1M
Top Destination (2022)China$74.6M

In 2022 ores and concentrates nes were the world's 3691st most traded product (out of 4,648).

In 2022, the top exporters of ores and concentrates nes were Democratic Republic of the Congo ($72.1M), Canada ($50.9M), Trinidad and Tobago ($15.2M), Kenya ($12.9M), and Mexico ($8.77M).

In 2022, the top importers of ores and concentrates nes were China ($74.6M), Hong Kong ($44.1M), Japan ($17.6M), Belgium ($13.9M), and Netherlands ($11.9M).

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Exporters of ores and concentrates nes (2022)
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Importers of ores and concentrates nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$44.3M
Top Destination Growth (2021 -  2022)China$64.1M

Between 2021 and 2022, the exports of ores and concentrates nes grew the fastest in Canada ($44.3M), Mauritania ($6.91M), Trinidad and Tobago ($6.02M), Mexico ($5.05M), and Nigeria ($3.26M).

Between 2021 and 2022, the fastest growing importers of ores and concentrates nes were China ($64.1M), Hong Kong ($22.4M), Netherlands ($6.35M), Namibia ($4.49M), and Mexico ($2.26M).

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Exporters of ores and concentrates nes (2021 - 2022)

Importers of ores and concentrates nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of ores and concentrates nes.

In 2022, market concentration measured using Shannon Entropy, was 3.28. This means that most of the exports of ores and concentrates nes are explained by 9 countries.

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Value of Exports in ores and concentrates nes

Net Trade

TOP NET EXPORTER (2022)Democratic Republic of the Congo$72.1M
TOP NET IMPORTER (2022)China$74.2M

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

In 2022, the countries that had a largest trade value in exports than in imports of ores and concentrates nes were Democratic Republic of the Congo ($72.1M), Canada ($50.2M), Trinidad and Tobago ($15.2M), Kenya ($12.9M), and Mauritania ($6.91M).

In 2022, the countries that had a largest trade value in imports than in exports of ores and concentrates nes were China ($74.2M), Hong Kong ($44.1M), Japan ($17.5M), Belgium ($13.7M), and Netherlands ($11.6M).

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

Top 10 Exporters Countries of ores and concentrates 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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