HS Icon Iron Ore in  Flag China

2020
Exports | Imports
: $1.39B | $99B, World Rnk 10 / 115
Flag Rnk 289 / 1215 | World Rnk 1 / 124
Flag Rnk 3 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $217M | $8.71B, Japan |  Australia


ECONOMIC COMPLEXITY of China
: 0.96, Rnk 28 / 127


PRODUCT COMPLEXITY  IN Iron Ore
: -1.81, Rnk 991 / 1028

Exports In 2020, China exported $1.39B in Iron Ore, making it the 10th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 289th most exported product in China. The main destination of Iron Ore exports from China are: Japan ($939M), Chinese Taipei ($271M), South Korea ($88.3M), Vietnam ($36.7M), and Malaysia ($34.7M).

The fastest growing export markets for Iron Ore of China between 2019 and 2020 were Japan ($217M), Chinese Taipei ($114M), and Vietnam ($36.6M).

Imports In 2020, China imported $99B in Iron Ore, becoming the 1st largest importer of Iron Ore in the world. At the same year, Iron Ore was the 3rd most imported product in China. China imports Iron Ore primarily from: Australia ($63.9B), Brazil ($18.6B), India ($3.43B), Ukraine ($2.49B), and Canada ($2.09B).

The fastest growing import markets in Iron Ore for China between 2019 and 2020 were Australia ($8.71B), Brazil ($4.99B), and India ($1.59B).

July 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (July 2021 - July 2022): $-166M, (-44.4%)

IMPORT GROWTH (July 2021 - July 2022): $-6.39B, (-35.6%)

MAIN EXPORTER (July 2022): Shandong Province, $128M

MAIN DESTINATION (July 2022): Taiwan, $113M

This section shows Iron Ore's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Iron Ore over time.

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Historical Data

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EXPORTS (2020): $1.39B

IMPORTS (2020): $99B

NET TRADE (2020): -$97.6B

In 2020, China exported $1.39B in Iron Ore. The main destinations of China exports on Iron Ore were Japan ($939M), Chinese Taipei ($271M), South Korea ($88.3M), Vietnam ($36.7M), and Malaysia ($34.7M).

In 2020, China imported $99B in Iron Ore, mainly from Australia ($63.9B), Brazil ($18.6B), India ($3.43B), Ukraine ($2.49B), and Canada ($2.09B).

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IN 2020, China HAD A POSITIVE NET TRADE IN Iron Ore WITH:

IN 2020, China HAD A NEGATIVE NET TRADE IN Iron Ore WITH:

Flow

THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR China WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY China WERE (2019 - 2020):

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Market Concentration

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In 2019, China's main exporting competitors in Iron Ore were:

In 2019, China's main importing competitors in Iron Ore were:

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