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26 (Harmonized System 1992 for 2-digit)

2023
World Trade $348BRnk 12 / 96
2023
Top Exporter | Top Importer $98.9B | $209BAustralia | China
2023
Product Complexity -2.23Rnk 95 / 96
2022 - 2023
Export Growth (CAGR) -4.77%Rnk 45 / 96
2023
Share of World Trade 1.54%Rnk 12 / 96

About

Overview This page contains the latest trade data of Ores, slag and ash. In 2023, Ores, slag and ash were the world's 12th most traded product, with a total trade of $348B. Between 2022 and 2023 the exports of Ores, slag and ash decreased by -4.77%, from $365B to $348B. Trade in Ores, slag and ash represent 1.54% of total world trade.

Ores, slag and ash are a part of Mineral Products. They include Iron Ore, Copper Ore, Zinc Ore, Non-Iron and Steel Slag, Ash and Residues, Precious Metal Ore, Molybdenum Ore, Lead Ore, Manganese Ore, Aluminium Ore, and Nickel Ore, among others.

Exports In 2023 the top exporters of Ores, slag and ash  were Australia ($98.9B), Brazil ($38.7B), Chile ($28.6B), Peru ($26.3B), and South Africa ($20.4B).

Imports In 2023 the top importers of Ores, slag and ash were China ($209B), Japan ($25.4B), South Korea ($16.3B), Germany ($12.5B), and India ($5.67B).

Ranking Ores, slag and ash ranks 95th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Ores, slag and ash. 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)Australia$98.9B
Top Destination (2023)China$209B

In 2023 Ores, slag and ash were the world's 12th most traded product (out of 96).

In 2023, the top exporters of Ores, slag and ash were Australia ($98.9B), Brazil ($38.7B), Chile ($28.6B), Peru ($26.3B), and South Africa ($20.4B).

In 2023, the top importers of Ores, slag and ash were China ($209B), Japan ($25.4B), South Korea ($16.3B), Germany ($12.5B), and India ($5.67B).

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Exporters of Ores, slag and ash (2023)
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Importers of Ores, slag and ash (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Peru$5.94B
Top Destination Growth (2022 -  2023)China$9.88B

Between 2022 and 2023, the exports of Ores, slag and ash grew the fastest in Peru ($5.94B), Guinea ($2.12B), India ($1.84B), Brazil ($1.43B), and Chile ($1.12B).

Between 2022 and 2023, the fastest growing importers of Ores, slag and ash were China ($9.88B), Philippines ($1.67B), Mozambique ($1.38B), Indonesia ($400M), and United Arab Emirates ($264M).

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Exporters of Ores, slag and ash (2022 - 2023)

Importers of Ores, slag and ash (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ores, slag and ash.

In 2023, market concentration measured using Shannon Entropy, was 4.36. This means that most of the exports of Ores, slag and ash are explained by 20 countries.

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Value of Exports in Ores, slag and ash

Net Trade

TOP NET EXPORTER (2023)Australia$98.1B
TOP NET IMPORTER (2023)China$207B

This map shows which countries export or import more of Ores, slag and ash. Each country is colored based on the difference in exports and imports of Ores, slag and ash during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Ores, slag and ash were Australia ($98.1B), Brazil ($37.9B), Chile ($27.8B), Peru ($26.1B), and South Africa ($20.4B).

In 2023, the countries that had a largest trade value in imports than in exports of Ores, slag and ash were China ($207B), Japan ($24.9B), South Korea ($15.9B), Germany ($10.5B), and Spain ($2.91B).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Ores, slag and ash, disaggragated by their HS6 level were Iron Ore ($162B), Copper Ore ($95B), Precious Metal Ore ($15.5B), Non-Iron and Steel Slag, Ash and... ($11.2B), and Aluminium Ore ($10.3B)

HS6 Disaggregation for Ores, slag and ash (2023)
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Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Ores, slag and ash.
It is possible to select the main countries that export or import Ores, slag and ash in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ores, slag and ash by percentage of total exports

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $169M
TOP IMPORT POTENTIALSouth Africa+ $5.72M

Ores, slag and ash’s highest export potential is India. With an export gap of $169M.  Ores, slag and ash’s highest import potential is South Africa with an import gap of $5.72M.

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 (2023)

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