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Prepared explosives, other than propellent powders

3602 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.46BRnk 850 / 1217
2023
Top Exporter | Top Importer $274M | $140MUnited States | United States
2023
Product Complexity -0.83Rnk 816 / 1044
2022 - 2023
Export Growth (CAGR) 9.75%Rnk 162 / 1217
2023
Share of World Trade 0.0064%Rnk 850 / 1217

About

Overview This page contains the latest trade data of Prepared Explosives. In 2023, Prepared Explosives were the world's 850th most traded product, with a total trade of $1.46B. Between 2022 and 2023 the exports of Prepared Explosives grew by 9.75%, from $1.33B to $1.46B. Trade in Prepared Explosives represent 0.0064% of total world trade.

Prepared Explosives are a part of Explosives, matches, & fireworks. They include Prepared explosives, except propellent powders.

Exports In 2023 the top exporters of Prepared Explosives  were United States ($274M), Russia ($99.5M), India ($88.8M), Poland ($80.7M), and Sweden ($77.3M).

Imports In 2023 the top importers of Prepared Explosives were United States ($140M), Peru ($128M), Canada ($94.4M), Australia ($72.7M), and Mexico ($52.3M).

Ranking Prepared Explosives ranks 816th 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 Prepared Explosives. 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)United States$274M
Top Destination (2023)United States$140M

In 2023 Prepared Explosives were the world's 850th most traded product (out of 1,217).

In 2023, the top exporters of Prepared Explosives were United States ($274M), Russia ($99.5M), India ($88.8M), Poland ($80.7M), and Sweden ($77.3M).

In 2023, the top importers of Prepared Explosives were United States ($140M), Peru ($128M), Canada ($94.4M), Australia ($72.7M), and Mexico ($52.3M).

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Exporters of Prepared Explosives (2023)
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Importers of Prepared Explosives (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$39.5M
Top Destination Growth (2022 -  2023)Poland$22.5M

Between 2022 and 2023, the exports of Prepared Explosives grew the fastest in United States ($39.5M), India ($38.3M), Egypt ($24.9M), Poland ($16.8M), and Peru ($15.6M).

Between 2022 and 2023, the fastest growing importers of Prepared Explosives were Poland ($22.5M), United States ($16.4M), Indonesia ($15.3M), Mexico ($14.6M), and Italy ($13.4M).

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Exporters of Prepared Explosives (2022 - 2023)

Importers of Prepared Explosives (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Prepared Explosives.

In 2023, market concentration measured using Shannon Entropy, was 4.79. This means that most of the exports of Prepared Explosives are explained by 27 countries.

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Value of Exports in Prepared Explosives

Net Trade

TOP NET EXPORTER (2023)United States$133M
TOP NET IMPORTER (2023)Peru$87.3M

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

In 2023, the countries that had a largest trade value in exports than in imports of Prepared Explosives were United States ($133M), Russia ($99.5M), India ($71.4M), South Africa ($57.3M), and Sweden ($51.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Prepared Explosives were Peru ($87.3M), Australia ($68M), Canada ($60.5M), Burkina Faso ($43.2M), and Zimbabwe ($27M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Prepared Explosives by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $1.05M
TOP IMPORT POTENTIALCanada+ $3.91M

Prepared Explosives’s highest export potential is Germany. With an export gap of $1.05M.  Prepared Explosives’s highest import potential is Canada with an import gap of $3.91M.

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 Prepared Explosives 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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