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2022
Exports $6.04MWorld Rnk 16 / 79
Flag Rnk 1118 / 1216
2022
Destination $2.84M Russia
2021 - 2022
FASTEST GROWING MARKET $2.84MRussia
2022
PRODUCT COMPLEXITY IN Chromium Ore-2.56Rnk 1021 / 1025
2022
Imports $1.8BWorld Rnk 1 / 111
Flag Rnk 154 / 1212
2022
Origin $264M South Africa
2021 - 2022
FASTEST GROWING ORIGIN $264MSouth Africa
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $6.04M in Chromium Ore, making it the 16th largest exporter of Chromium Ore in the world. At the same year, Chromium Ore was the 1118th most exported product in China. The main destination of Chromium Ore exports from China are: Russia ($2.85M), South Korea ($1.23M), Vietnam ($651k), Hong Kong ($272k), and India ($229k).

The fastest growing export markets for Chromium Ore of China between 2021 and 2022 were Russia ($2.84M), Vietnam ($631k), and Hong Kong ($272k).

Imports In 2022, China imported $1.8B in Chromium Ore, becoming the 1st largest importer of Chromium Ore in the world. At the same year, Chromium Ore was the 154th most imported product in China. China imports Chromium Ore primarily from: South Africa ($1.2B), Turkey ($252M), Albania ($115M), Pakistan ($83.8M), and Oman ($36.1M).

The fastest growing import markets in Chromium Ore for China between 2021 and 2022 were South Africa ($264M), Albania ($77.4M), and Turkey ($59.1M).

COMPANIES In 2023, leading companies such as BSH Home Appliances (29) and ASOS (1) were at the forefront of shipping Chromium Ore from China to the United States.

Latest Trends

November 2024

About

Overview In November 2024 China's Chromium Ore exports accounted up to $2.25M and imports accounted up to $495M, resulting in a negative trade balance of $493M. Between November 2023 and November 2024 the exports of China's   Chromium Ore have increased by $254k (12.7%) from $2M to $2.25M, while imports decreased by $-24.3M (-4.69%) from $519M to $495M.

Destinations In November 2024, Chromium Ore were exported mostly to Russia ($1.23M), Netherlands ($399k), India ($194k), Japan ($178k), and South Korea ($170k), and were imported mostly from South Africa ($401M), Zimbabwe ($33.4M), Turkey ($28.4M), Philippines ($10.4M), and Pakistan ($5.14M).

Growth In November 2024, the increase in Chromium Ore's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the decrease in Chromium Ore's year-by-year imports was explained primarily by a decrease in imports from Zimbabwe ($-15M or -53.5%), Iran ($-355k or -5.46%), and Netherlands ($-5.3k or -55.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$254k(12.7%)
IMPORT GROWTH (November 2023 - November 2024)$-24.3M(-4.69%)
MAIN EXPORTER (November 2024)Tianjin$13M
MAIN DESTINATION (November 2024)Russia$1.23M

This section shows Chromium 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 Chromium Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.04M
IMPORTS (2022)$1.8B
NET TRADE (2022)-$1.79B

In 2022, China exported $6.04M in Chromium Ore. The main destinations of China exports on Chromium Ore were Russia ($2.85M), South Korea ($1.23M), Vietnam ($651k), Hong Kong ($272k), and India ($229k).

In 2022, China imported $1.8B in Chromium Ore, mainly from South Africa ($1.2B), Turkey ($252M), Albania ($115M), Pakistan ($83.8M), and Oman ($36.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chromium Ore EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$2.84M (20.7k%)
Vietnam$631k (3.16k%)
Hong Kong$272k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chromium Ore BY China WERE (2021 - 2022):
South Korea-$276k (-18.3%)
Malaysia-$217k (-80.8%)
Germany-$163k (-96.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Chromium Ore were:
South Africa $2.51B
Turkey $342M
Kazakhstan $146M
In 2022, China's main importing competitors in Chromium Ore were:
Mozambique $916M
Russia $163M

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Trade Value of Chromium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $817k
TOP IMPORT POTENTIALPakistan+ $35.7M

Chromium Ore’s highest export potential is Russia. With an export gap of $817k.   Chromium Ore’s highest import potential is Pakistan with an import gap of $35.7M.

See methodology.

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