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Ores and concentrates; n.e.c. in heading no. 2601

2617 (Harmonized System 1992 for 4-digit)

2023
World Trade $667MRnk 998 / 1217
2023
Top Exporter | Top Importer $258M | $424MCanada | China
2023
Product Complexity -2.71Rnk 1040 / 1044
2022 - 2023
Export Growth (CAGR) 35.4%Rnk 23 / 1217
2023
Share of World Trade 0.003%Rnk 998 / 1217

About

Overview This page contains the latest trade data of Other Ores. In 2023, Other Ores were the world's 998th most traded product, with a total trade of $667M. Between 2022 and 2023 the exports of Other Ores grew by 35.4%, from $493M to $667M. Trade in Other Ores represent 0.003% of total world trade.

Other Ores are a part of Ores, slag and ash. They include ores and concentrates nes and Antimony ores and concentrates.

Exports In 2023 the top exporters of Other Ores  were Canada ($258M), Russia ($47.8M), Australia ($46.8M), Tajikistan ($42.2M), and Kenya ($36.6M).

Imports In 2023 the top importers of Other Ores were China ($424M), Japan ($78.2M), Namibia ($37.3M), Oman ($34.9M), and India ($32.4M).

Ranking Other Ores ranks 1040th in the Product Complexity Index (PCI).

Description Ores and concentrates are used to produce a variety of different metals and minerals. They are mined for their metal content, and then processed to extract the desired metal.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Other Ores. 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)Canada$258M
Top Destination (2023)China$424M

In 2023 Other Ores were the world's 998th most traded product (out of 1,217).

In 2023, the top exporters of Other Ores were Canada ($258M), Russia ($47.8M), Australia ($46.8M), Tajikistan ($42.2M), and Kenya ($36.6M).

In 2023, the top importers of Other Ores were China ($424M), Japan ($78.2M), Namibia ($37.3M), Oman ($34.9M), and India ($32.4M).

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Exporters of Other Ores (2023)
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Importers of Other Ores (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$196M
Top Destination Growth (2022 -  2023)China$226M

Between 2022 and 2023, the exports of Other Ores grew the fastest in Canada ($196M), Greece ($31.5M), Kenya ($22.2M), Oman ($20.3M), and Tajikistan ($17.2M).

Between 2022 and 2023, the fastest growing importers of Other Ores were China ($226M), Japan ($57.8M), Namibia ($32.6M), Chile ($10.5M), and Zambia ($3.17M).

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Exporters of Other Ores (2022 - 2023)

Importers of Other Ores (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Ores.

In 2023, market concentration measured using Shannon Entropy, was 3.63. This means that most of the exports of Other Ores are explained by 12 countries.

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Value of Exports in Other Ores

Net Trade

TOP NET EXPORTER (2023)Canada$257M
TOP NET IMPORTER (2023)China$401M

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

In 2023, the countries that had a largest trade value in exports than in imports of Other Ores were Canada ($257M), Russia ($47.3M), Australia ($46.5M), Tajikistan ($42.2M), and Kenya ($36.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Other Ores were China ($401M), Japan ($77.3M), Namibia ($37.2M), India ($32.3M), and Oman ($14M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Other Ores, disaggragated by their HS6 level were ores and concentrates nes ($418M) and Antimony ores and concentrates ($249M)

HS6 Disaggregation for Other Ores (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Other Ores by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALJapan+ $209k
TOP IMPORT POTENTIALChina+ $7.33k

Other Ores’s highest export potential is Japan. With an export gap of $209k.  Other Ores’s highest import potential is China with an import gap of $7.33k.

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)

Country by Relatedness

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

Relative Relatedness by Country (2023)

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