Top 9 Most Traded Commodities in 2018

Trading goods is probably the most important activity we as a humanity have developed. Without it we’d have all died out thousands of years ago, probably. What’s even more curious, is that some of the traded commodities have stayed in the top-something list for centuries, maybe millennia! Stuff like silver, steel, and gold have always been required for the further development of cities and entire countries.

Today the wares include stuff like chocolate and coffee, although these were pushed off the top in 2018. Since the prices may vary wildly, the list is all random. So what are the 9 most traded commodities of last year? Let’s find out!

1. Soyabeans
Soybeans, huh? I guess the vegetarians have contributed to the popularity of this protein-rich and easy to produce bean, but even without the global anti-meat agenda, soy is still being used in animal food, tofu, and even to produce biodiesel.

2. Steel
What do you get from mixing iron, carbon, and some other elements? You get the good old steel! It’s strong, cheap, and has thousands of uses from construction to agriculture.

3. Iron ore
Ever since the first humans used iron for gathering and/or hunting, we realized it’s going to change the rules of the game. And so it did. Since it’s relatively easy to mine, handle, and transport, it can be sent to pretty much anywhere rather cheap, making it one of the most important ores in our history.