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681591 (Harmonized System 1992 for 6-digit)

2022
World Trade $876MRnk 2349 / 4648
2022
Top Exporter | Top Importer $493M | $106MChina | India
2022
Product Complexity -0.2Rnk 2800 / 4653
2021 - 2022
Export Growth (CAGR) 53.4%Rnk 156 / 4648
2022
Share of World Trade 0.0037%Rnk 2349 / 4648

About

Overview This page contains the latest trade data of Articles containing magnesite, dolomite or chromite. In 2022, Articles containing magnesite, dolomite or chromite were the world's 2349th most traded product, with a total trade of $876M. Between 2021 and 2022 the exports of Articles containing magnesite, dolomite or chromite grew by 53.4%, from $571M to $876M. Trade in Articles containing magnesite, dolomite or chromite represent 0.0037% of total world trade.

Articles containing magnesite, dolomite or chromite are a part of Other Stone Articles.

Exports In 2022 the top exporters of Articles containing magnesite, dolomite or chromite  were China ($493M), Austria ($101M), Poland ($64.3M), Brazil ($43.3M), and Spain ($40.1M).

Imports In 2022 the top importers of Articles containing magnesite, dolomite or chromite were India ($106M), Russia ($104M), Germany ($65.3M), Italy ($47.4M), and United States ($42.1M).

Ranking Articles containing magnesite, dolomite or chromite ranks 2800th in the Product Complexity Index (PCI).

Description Magnesite, dolomite and chromite are all types of minerals that are used in a variety of manufacturing processes. Magnesite is used in the manufacturing of refractory materials such as bricks and cement, dolomite is used in the manufacturing of magnesium, and chromite is used in the manufacturing of steel.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Articles containing magnesite, dolomite or chromite. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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 (2022)China$493M
Top Destination (2022)India$106M

In 2022 Articles containing magnesite, dolomite or chromite were the world's 2349th most traded product (out of 4,648).

In 2022, the top exporters of Articles containing magnesite, dolomite or chromite were China ($493M), Austria ($101M), Poland ($64.3M), Brazil ($43.3M), and Spain ($40.1M).

In 2022, the top importers of Articles containing magnesite, dolomite or chromite were India ($106M), Russia ($104M), Germany ($65.3M), Italy ($47.4M), and United States ($42.1M).

Explore Visualizations

Exporters of Articles containing magnesite, dolomite or chromite (2022)
[Click to Select a Country]

Importers of Articles containing magnesite, dolomite or chromite (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$156M
Top Destination Growth (2021 -  2022)Russia$101M

Between 2021 and 2022, the exports of Articles containing magnesite, dolomite or chromite grew the fastest in China ($156M), Austria ($81.7M), Poland ($18.7M), Germany ($16.8M), and Brazil ($13.2M).

Between 2021 and 2022, the fastest growing importers of Articles containing magnesite, dolomite or chromite were Russia ($101M), Italy ($30.6M), India ($27.9M), Germany ($26.8M), and United States ($13.3M).

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Exporters of Articles containing magnesite, dolomite or chromite (2021 - 2022)

Importers of Articles containing magnesite, dolomite or chromite (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Articles containing magnesite, dolomite or chromite.

In 2022, market concentration measured using Shannon Entropy, was 2.53. This means that most of the exports of Articles containing magnesite, dolomite or chromite are explained by 5 countries.

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Value of Exports in Articles containing magnesite, dolomite or chromite

Net Trade

TOP NET EXPORTER (2022)China$491M
TOP NET IMPORTER (2022)India$103M

This map shows which countries export or import more of Articles containing magnesite, dolomite or chromite. Each country is colored based on the difference in exports and imports of Articles containing magnesite, dolomite or chromite during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Articles containing magnesite, dolomite or chromite were China ($491M), Austria ($90.2M), Poland ($54.9M), Spain ($29.9M), and Brazil ($29.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Articles containing magnesite, dolomite or chromite were India ($103M), Russia ($96.6M), Germany ($41.5M), Italy ($34.7M), and United States ($31.4M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Articles containing magnesite, dolomite or chromite by percentage of total exports

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 (2022)

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