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Mica; worked, articles of, including agglomerated or reconstituted mica; whether or not on a support of paper, paperboard or other materials

6814 (Harmonized System 1992 for 4-digit)

2023
World Trade $361MRnk 1089 / 1217
2023
Top Exporter | Top Importer $124M | $46.8MChina | United States
2022 - 2023
Export Growth (CAGR) 4.76%Rnk 257 / 1217
2023
Share of World Trade 0.0016%Rnk 1089 / 1217

About

Overview This page contains the latest trade data of Processed Mica. In 2023, Processed Mica were the world's 1089th most traded product, with a total trade of $361M. Between 2022 and 2023 the exports of Processed Mica grew by 4.76%, from $345M to $361M. Trade in Processed Mica represent 0.0016% of total world trade.

Processed Mica are a part of Stone, plaster, cement, asbestos, mica.. They include Mica plates, sheets and strips and Worked mica and articles of mica except sheet mica.

Exports In 2023 the top exporters of Processed Mica  were China ($124M), Austria ($30M), Germany ($29.1M), Switzerland ($26M), and United Kingdom ($19.1M).

Imports In 2023 the top importers of Processed Mica were United States ($46.8M), Germany ($34.7M), China ($21.9M), India ($20.3M), and South Korea ($17.6M).

Description Mica is a mineral that can be used to make things like electrical insulators, resistors, and capacitors. Mica can also be used in the production of Christmas tree decorations.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Processed Mica. 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)China$124M
Top Destination (2023)United States$46.8M

In 2023 Processed Mica were the world's 1089th most traded product (out of 1,217).

In 2023, the top exporters of Processed Mica were China ($124M), Austria ($30M), Germany ($29.1M), Switzerland ($26M), and United Kingdom ($19.1M).

In 2023, the top importers of Processed Mica were United States ($46.8M), Germany ($34.7M), China ($21.9M), India ($20.3M), and South Korea ($17.6M).

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Exporters of Processed Mica (2023)
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Importers of Processed Mica (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$14.4M
Top Destination Growth (2022 -  2023)United States$10.7M

Between 2022 and 2023, the exports of Processed Mica grew the fastest in China ($14.4M), Switzerland ($4.98M), Austria ($3.87M), South Korea ($2.75M), and Chinese Taipei ($1.54M).

Between 2022 and 2023, the fastest growing importers of Processed Mica were United States ($10.7M), Poland ($5.33M), South Korea ($4.19M), India ($3M), and China ($2.43M).

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Exporters of Processed Mica (2022 - 2023)

Importers of Processed Mica (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Processed Mica.

In 2023, market concentration measured using Shannon Entropy, was 3.7. This means that most of the exports of Processed Mica are explained by 12 countries.

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Value of Exports in Processed Mica

Net Trade

TOP NET EXPORTER (2023)China$102M
TOP NET IMPORTER (2023)United States$27.8M

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

In 2023, the countries that had a largest trade value in exports than in imports of Processed Mica were China ($102M), Austria ($19.7M), Switzerland ($19.3M), United Kingdom ($9.91M), and Japan ($4.58M).

In 2023, the countries that had a largest trade value in imports than in exports of Processed Mica were United States ($27.8M), Poland ($9.62M), South Korea ($9.28M), Italy ($8.8M), and Mexico ($7.75M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Processed Mica, disaggragated by their HS6 level were Mica plates, sheets and strips ($260M) and Worked mica and articles of mica... ($102M)

HS6 Disaggregation for Processed Mica (2023)
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Country Comparison

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

Top 10 Exporters Countries of Processed Mica by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $2.88M
TOP IMPORT POTENTIALIndia+ $1.42M

Processed Mica’s highest export potential is India. With an export gap of $2.88M.  Processed Mica’s highest import potential is India with an import gap of $1.42M.

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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 Processed Mica 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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