New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

720292 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.18BRnk 2002 / 4648
2022
Top Exporter | Top Importer $244M | $230MAustria | Netherlands
2022
Product Complexity 0.86Rnk 1010 / 4653
2021 - 2022
Export Growth (CAGR) 14.1%Rnk 1200 / 4648
2022
Share of World Trade 0.005%Rnk 2002 / 4648

About

Overview This page contains the latest trade data of Ferro-vanadium. In 2022, Ferro-vanadium were the world's 2002nd most traded product, with a total trade of $1.18B. Between 2021 and 2022 the exports of Ferro-vanadium grew by 14.1%, from $1.04B to $1.18B. Trade in Ferro-vanadium represent 0.005% of total world trade.

Ferro-vanadium are a part of Ferroalloys.

Exports In 2022 the top exporters of Ferro-vanadium  were Austria ($244M), China ($211M), South Africa ($176M), Czechia ($160M), and Netherlands ($113M).

Imports In 2022 the top importers of Ferro-vanadium were Netherlands ($230M), United States ($209M), Germany ($110M), Japan ($95.7M), and South Korea ($65.7M).

Ranking Ferro-vanadium ranks 1010th in the Product Complexity Index (PCI).

Description It is used in steel production, as a catalyst in the manufacturing of titanium dioxide in the production of iron, and is also used in the production of ammonium chloride.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Ferro-vanadium. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2022)Austria$244M
Top Destination (2022)Netherlands$230M

In 2022 Ferro-vanadium were the world's 2002nd most traded product (out of 4,648).

In 2022, the top exporters of Ferro-vanadium were Austria ($244M), China ($211M), South Africa ($176M), Czechia ($160M), and Netherlands ($113M).

In 2022, the top importers of Ferro-vanadium were Netherlands ($230M), United States ($209M), Germany ($110M), Japan ($95.7M), and South Korea ($65.7M).

Explore Visualizations

Exporters of Ferro-vanadium (2022)
[Click to Select a Country]

Importers of Ferro-vanadium (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$68.9M
Top Destination Growth (2021 -  2022)United States$108M

Between 2021 and 2022, the exports of Ferro-vanadium grew the fastest in China ($68.9M), Austria ($54M), Netherlands ($45.3M), Canada ($27.7M), and South Africa ($24.7M).

Between 2021 and 2022, the fastest growing importers of Ferro-vanadium were United States ($108M), Netherlands ($63.9M), Canada ($19.6M), Japan ($15M), and Belgium ($4.05M).

Explore Visualizations

Exporters of Ferro-vanadium (2021 - 2022)

Importers of Ferro-vanadium (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ferro-vanadium.

In 2022, market concentration measured using Shannon Entropy, was 3.33. This means that most of the exports of Ferro-vanadium are explained by 10 countries.

Explore Visualizations

Value of Exports in Ferro-vanadium

Net Trade

TOP NET EXPORTER (2022)Austria$232M
TOP NET IMPORTER (2022)United States$196M

This map shows which countries export or import more of Ferro-vanadium. Each country is colored based on the difference in exports and imports of Ferro-vanadium during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Ferro-vanadium were Austria ($232M), China ($183M), South Africa ($176M), Czechia ($152M), and South Korea ($34M).

In 2022, the countries that had a largest trade value in imports than in exports of Ferro-vanadium were United States ($196M), Netherlands ($117M), Germany ($99.9M), Japan ($83.9M), and Chinese Taipei ($41.6M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Ferro-vanadium.
It is possible to select the main countries that export or import Ferro-vanadium in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ferro-vanadium by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms