Iron Ore is the 44th most traded product and the 759th most complex product according to the Product Complexity Index (PCI).
The top exporters of Iron Ore are Australia ($38.6B), Brazil ($11.4B), Canada ($1.54B), South Africa ($1.22B) and Malaysia ($813M). The top importers are China ($56.9B), Japan ($6.12B), South Korea ($3.77B), Germany ($1.31B) and Malaysia ($672M).
Iron Ore is the top export of Australia.
Iron Ore is also known as concentrates, not agglomerated.
Iron Ore is a 4 digit SITC product.