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Zirconium; articles thereof, including waste and scrap

8109 (Harmonized System 1992 for 4-digit)

2023
World Trade $472MRnk 1048 / 1217
2023
Top Exporter | Top Importer $179M | $89.5MUnited States | United States
2022 - 2023
Export Growth (CAGR) 5.22%Rnk 245 / 1217
2023
Share of World Trade 0.0021%Rnk 1048 / 1217

About

Overview This page contains the latest trade data of Zirconium. In 2023, Zirconium were the world's 1048th most traded product, with a total trade of $472M. Between 2022 and 2023 the exports of Zirconium grew by 5.22%, from $449M to $472M. Trade in Zirconium represent 0.0021% of total world trade.

Zirconium are a part of Cermet articles. They include Zirconium, articles thereof, nes and Zirconium, unwrought, waste or scrap, powders.

Exports In 2023 the top exporters of Zirconium  were United States ($179M), France ($153M), China ($37.5M), Germany ($31.8M), and Sweden ($13.2M).

Imports In 2023 the top importers of Zirconium were United States ($89.5M), South Korea ($48.4M), Canada ($40.6M), China ($36.6M), and Germany ($36.3M).

Description Zirconium is a chemical element that has the symbol Zr and atomic number 40. It is a hard, lustrous, grayish-white transition metal. Zirconium can be used to make many different kinds of products, including chemical compounds, alloys, and other materials.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Zirconium. 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$179M
Top Destination (2023)United States$89.5M

In 2023 Zirconium were the world's 1048th most traded product (out of 1,217).

In 2023, the top exporters of Zirconium were United States ($179M), France ($153M), China ($37.5M), Germany ($31.8M), and Sweden ($13.2M).

In 2023, the top importers of Zirconium were United States ($89.5M), South Korea ($48.4M), Canada ($40.6M), China ($36.6M), and Germany ($36.3M).

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Exporters of Zirconium (2023)
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Importers of Zirconium (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$10.1M
Top Destination Growth (2022 -  2023)Kazakhstan$20.1M

Between 2022 and 2023, the exports of Zirconium grew the fastest in France ($10.1M), Japan ($4.95M), Sweden ($4.87M), United States ($4.63M), and United Kingdom ($2.73M).

Between 2022 and 2023, the fastest growing importers of Zirconium were Kazakhstan ($20.1M), United Kingdom ($9.36M), United States ($7.22M), Ukraine ($5.18M), and Australia ($4.63M).

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Exporters of Zirconium (2022 - 2023)

Importers of Zirconium (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Zirconium.

In 2023, market concentration measured using Shannon Entropy, was 2.55. This means that most of the exports of Zirconium are explained by 5 countries.

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Value of Exports in Zirconium

Net Trade

TOP NET EXPORTER (2023)France$124M
TOP NET IMPORTER (2023)South Korea$46.5M

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

In 2023, the countries that had a largest trade value in exports than in imports of Zirconium were France ($124M), United States ($89.8M), South Africa ($10.3M), Belgium ($1.17M), and China ($915k).

In 2023, the countries that had a largest trade value in imports than in exports of Zirconium were South Korea ($46.5M), Canada ($30.9M), United Kingdom ($20.6M), Japan ($20.2M), and Spain ($15.9M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Zirconium, disaggragated by their HS6 level were Zirconium, articles thereof, nes ($360M) and Zirconium, unwrought, waste or scrap, powders ($112M)

HS6 Disaggregation for Zirconium (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 Zirconium.
It is possible to select the main countries that export or import Zirconium in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Zirconium by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALBelgium+ $754k
TOP IMPORT POTENTIALGermany+ $653k

Zirconium’s highest export potential is Belgium. With an export gap of $754k.  Zirconium’s highest import potential is Germany with an import gap of $653k.

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 Zirconium 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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