European Union | Imports and Exports | World | Iron ores, concentrates, including roasted iron pyrites | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
| Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| 2601. Iron ores and concentrates, including roasted iron pyrites | European Union | World | Exports | Value (US$) | 3,013,223,096.00 | 1,174,459,636.79 | 1,091,890,226.00 | 611,888,300.30 | 677,418,887.91 | 987,353,737.15 | 976,439,830.17 | 1,300,332,955.45 | 1,960,354,438.46 | 2,600,838,709.78 | 1,777,272,390.62 | 2,559,373,913.67 |
| Value Growth, YoY (%) | 105.48 | -61.02 | -7.03 | -43.96 | 10.70 | 45.75 | -1.10 | 33.17 | 50.75 | 32.67 | -31.66 | 44.00 | ||||
| Imports | Value (US$) | 13,977,532,811.00 | 14,290,466,507.34 | 11,850,666,917.35 | 7,175,627,321.21 | 6,239,110,002.88 | 9,184,717,601.99 | 9,303,333,113.01 | 10,135,167,945.64 | 8,240,038,160.05 | 16,426,751,077.52 | 11,354,104,927.23 | 9,146,683,814.27 | |||
| Value Growth, YoY (%) | -26.38 | 2.23 | -17.07 | -39.44 | -13.05 | 47.21 | 1.29 | 8.94 | -18.69 | 99.35 | -30.88 | -19.44 |
The value of exports of commodity group 2601 "Iron ores and concentrates, including roasted iron pyrites" from European Union totalled $ 2.55 billion in 2023. Sales of commodity group 2601 from European Union went up by 44% compared to 2022: exports of commodity group 2601 "Iron ores and concentrates, including roasted iron pyrites" went up by $ 782 million (cumulative exports of commodity group 2601 from European Union amounted $1.77 billion in 2022)
Exports of commodity group 2601 "Iron ores and concentrates, including roasted iron pyrites" amounted to 0.092% of total exports from European Union (cumulative merchandise exports from European Union totalled $ 2.76 trillion in 2023). The share of commodity group 2601 in total exports from European Union increased by 0.021 p.p. compared to 2022 (it was 0.07% in 2022 and cumulative exports from European Union were equal to $ 2.5 trillion).
Exports of commodity group 2601 amounted to 43% of total sales of group "" from European Union in 2023 (the value of exports of commodity group from European Union amounted to $5.86 billion in 2023). The share of exports of commodity group 2601 in sales of commodity group from European Union increased by 12.2 p.p. compared to 2022 (it was 31% in 2022, and exports of commodity group from European Union were $5.66 billion).
Where does European Union export Iron ores and concentrates, including roasted iron pyrites?
Top export destinations of "Iron ores and concentrates, including roasted iron pyrites" from European Union in 2023:
- Norway with a share of 31% (800 million US$)
- Saudi Arabia with a share of 14.9% (382 million US$)
- United Kingdom with a share of 9.65% (247 million US$)
- Singapore with a share of 7.71% (197 million US$)
- Turkey with a share of 7.66% (196 million US$)
- Egypt with a share of 6.84% (175 million US$)
- Qatar with a share of 6.79% (173 million US$)
- United Arab Emirates with a share of 6.41% (164 million US$)
- USA with a share of 3.72% (95 million US$)
- China with a share of 3.11% (79 million US$)
Exports structure of 2601 - Iron ores and concentrates, including roasted iron pyrites - from European Union in 2023 represented by the following main commodity groups:
- 85% (2.18 billion US$): 260112 - Iron ores & concentrates (excl. roasted iron pyrites), agglomerated
- 14.4% (370 million US$): 260111 - Iron ores & concentrates (excl. roasted iron pyrites), non-agglomerated
- 0.001% (45 thousand US$): 260120 - Roasted iron pyrites
The value of imports of commodity group 2601 "Iron ores and concentrates, including roasted iron pyrites" to European Union totalled $ 9.14 billion in 2023. Sales of commodity group 2601 to European Union decreased by 19.4% in value terms compared to 2022. imports of commodity group 2601 "Iron ores and concentrates, including roasted iron pyrites" decreased by $ 2.2 billion (the value of imports of commodity group 2601 to European Union was equal to $11.3 billion in 2022)
Imports of commodity group 2601 "Iron ores and concentrates, including roasted iron pyrites" accounted for 0.336% of total import flow to European Union (in 2023, total imports to European Union amounted to $ 2.71 trillion). The share of commodity group 2601 in total imports to European Union decreased by 0.038 p.p. compared to 2022 (it was 0.375% in 2022 and cumulative imports to European Union were equal to $ 3.02 trillion).
Imports of commodity group 2601 reached 31% of total imports of group "" to European Union in 2023 (imports of commodity group to European Union totalled $29 billion in 2023). The share of purchases of commodity group 2601 in imports of commodity group to European Union went down by 3.01 p.p. compared to 2022 (it was 34% in 2022, and imports of commodity group to European Union accounted for $33 billion).
Where does European Union import Iron ores and concentrates, including roasted iron pyrites from?
Top trading partners (import of "Iron ores and concentrates, including roasted iron pyrites") of European Union in 2023:
- Canada with a share of 31% (2.91 billion US$)
- Brazil with a share of 24% (2.22 billion US$)
- Ukraine with a share of 18.4% (1.68 billion US$)
- South Africa with a share of 11.7% (1.07 billion US$)
- USA with a share of 4.07% (373 million US$)
- Liberia with a share of 3.4% (311 million US$)
- Mauritania with a share of 2.39% (219 million US$)
- Norway with a share of 1.39% (127 million US$)
- Turkey - 61 million US$
- Russia - 59 million US$
Imports structure of 2601 - Iron ores and concentrates, including roasted iron pyrites - to European Union in 2023 represented by the following main commodity groups:
- 66% (6.04 billion US$): 260111 - Iron ores & concentrates (excl. roasted iron pyrites), non-agglomerated
- 33% (3.1 billion US$): 260112 - Iron ores & concentrates (excl. roasted iron pyrites), agglomerated
- 0.001% (108 thousand US$): 260120 - Roasted iron pyrites
