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732591 (Harmonized System 1992 for 6-digit)

2022
World Trade $858MRnk 2376 / 4648
2022
Top Exporter | Top Importer $312M | $148MIndia | Australia
2022
Product Complexity -1.13Rnk 3964 / 4653
2021 - 2022
Export Growth (CAGR) 12.5%Rnk 1371 / 4648
2022
Share of World Trade 0.0036%Rnk 2376 / 4648

About

Overview This page contains the latest trade data of Balls, iron or steel, cast, for grinding mills. In 2022, Balls, iron or steel, cast, for grinding mills were the world's 2376th most traded product, with a total trade of $858M. Between 2021 and 2022 the exports of Balls, iron or steel, cast, for grinding mills grew by 12.5%, from $763M to $858M. Trade in Balls, iron or steel, cast, for grinding mills represent 0.0036% of total world trade.

Balls, iron or steel, cast, for grinding mills are a part of Other Cast Iron Products.

Exports In 2022 the top exporters of Balls, iron or steel, cast, for grinding mills  were India ($312M), China ($223M), Thailand ($131M), Chile ($24.2M), and South Africa ($22.2M).

Imports In 2022 the top importers of Balls, iron or steel, cast, for grinding mills were Australia ($148M), United States ($61M), Democratic Republic of the Congo ($39.7M), Brazil ($39.3M), and Mexico ($37.1M).

Ranking Balls, iron or steel, cast, for grinding mills ranks 3964th in the Product Complexity Index (PCI).

Description Balls, iron or steel, cast are common grinding mill components, used in the grinding of materials into increasingly smaller sizes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Balls, iron or steel, cast, for grinding mills. 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 (2022)India$312M
Top Destination (2022)Australia$148M

In 2022 Balls, iron or steel, cast, for grinding mills were the world's 2376th most traded product (out of 4,648).

In 2022, the top exporters of Balls, iron or steel, cast, for grinding mills were India ($312M), China ($223M), Thailand ($131M), Chile ($24.2M), and South Africa ($22.2M).

In 2022, the top importers of Balls, iron or steel, cast, for grinding mills were Australia ($148M), United States ($61M), Democratic Republic of the Congo ($39.7M), Brazil ($39.3M), and Mexico ($37.1M).

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Exporters of Balls, iron or steel, cast, for grinding mills (2022)
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Importers of Balls, iron or steel, cast, for grinding mills (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$93.9M
Top Destination Growth (2021 -  2022)Australia$28.8M

Between 2021 and 2022, the exports of Balls, iron or steel, cast, for grinding mills grew the fastest in India ($93.9M), China ($58.4M), Thailand ($12.7M), Singapore ($7.67M), and Iran ($6.53M).

Between 2021 and 2022, the fastest growing importers of Balls, iron or steel, cast, for grinding mills were Australia ($28.8M), United States ($25.3M), Democratic Republic of the Congo ($10.6M), Turkey ($10.2M), and Kyrgyzstan ($8.6M).

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Exporters of Balls, iron or steel, cast, for grinding mills (2021 - 2022)

Importers of Balls, iron or steel, cast, for grinding mills (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Balls, iron or steel, cast, for grinding mills.

In 2022, market concentration measured using Shannon Entropy, was 2.93. This means that most of the exports of Balls, iron or steel, cast, for grinding mills are explained by 7 countries.

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Value of Exports in Balls, iron or steel, cast, for grinding mills

Net Trade

TOP NET EXPORTER (2022)India$311M
TOP NET IMPORTER (2022)Australia$143M

This map shows which countries export or import more of Balls, iron or steel, cast, for grinding mills. Each country is colored based on the difference in exports and imports of Balls, iron or steel, cast, for grinding mills during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Balls, iron or steel, cast, for grinding mills were India ($311M), China ($222M), Thailand ($127M), Chile ($9.73M), and Iran ($9.36M).

In 2022, the countries that had a largest trade value in imports than in exports of Balls, iron or steel, cast, for grinding mills were Australia ($143M), United States ($54.7M), Mexico ($35.9M), Brazil ($32.6M), and Indonesia ($23.3M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Balls, iron or steel, cast, for grinding mills.
It is possible to select the main countries that export or import Balls, iron or steel, cast, for grinding mills in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Balls, iron or steel, cast, for grinding mills 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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