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284610 (Harmonized System 1992 for 6-digit)

2023
World Trade $204MRnk 3650 / 4644
2023
Top Exporter | Top Importer $65.3M | $48.7MJapan | Japan
2023
Product Complexity 1.51Rnk 171 / 4656
2022 - 2023
Export Growth (CAGR) -25%Rnk 4009 / 4644
2023
Share of World Trade 0.0009%Rnk 3650 / 4644

About

Overview This page contains the latest trade data of Cerium compounds. In 2023, Cerium compounds were the world's 3650th most traded product, with a total trade of $204M. Between 2022 and 2023 the exports of Cerium compounds decreased by -25%, from $272M to $204M. Trade in Cerium compounds represent 0.0009% of total world trade.

Cerium compounds are a part of Rare-Earth Metal Compounds.

Exports In 2023 the top exporters of Cerium compounds  were Japan ($65.3M), France ($47.1M), China ($29.7M), Russia ($18.2M), and United States ($8.06M).

Imports In 2023 the top importers of Cerium compounds were Japan ($48.7M), South Korea ($27.7M), United States ($21.3M), Chinese Taipei ($21.1M), and Estonia ($19.5M).

Ranking Cerium compounds ranks 171st in the Product Complexity Index (PCI).

Description Cerium compounds are used for catalysts, lubricants, and polishes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cerium compounds. Countries are shown based on data availability.

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

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* 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.

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Historical Data

Exporters and Importers

Top Origin (2023)Japan$65.3M
Top Destination (2023)Japan$48.7M

In 2023 Cerium compounds were the world's 3650th most traded product (out of 4,644).

In 2023, the top exporters of Cerium compounds were Japan ($65.3M), France ($47.1M), China ($29.7M), Russia ($18.2M), and United States ($8.06M).

In 2023, the top importers of Cerium compounds were Japan ($48.7M), South Korea ($27.7M), United States ($21.3M), Chinese Taipei ($21.1M), and Estonia ($19.5M).

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Exporters of Cerium compounds (2023)
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Importers of Cerium compounds (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Kingdom$1M
Top Destination Growth (2022 -  2023)China$1.31M

Between 2022 and 2023, the exports of Cerium compounds grew the fastest in United Kingdom ($1M), Poland ($944k), United States ($778k), Norway ($700k), and Italy ($165k).

Between 2022 and 2023, the fastest growing importers of Cerium compounds were China ($1.31M), Poland ($952k), Italy ($925k), South Africa ($656k), and Mexico ($642k).

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Exporters of Cerium compounds (2022 - 2023)

Importers of Cerium compounds (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cerium compounds.

In 2023, market concentration measured using Shannon Entropy, was 3.01. This means that most of the exports of Cerium compounds are explained by 8 countries.

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Value of Exports in Cerium compounds

Net Trade

TOP NET EXPORTER (2023)France$40.4M
TOP NET IMPORTER (2023)South Korea$24.7M

This map shows which countries export or import more of Cerium compounds. Each country is colored based on the difference in exports and imports of Cerium compounds during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cerium compounds were France ($40.4M), China ($22.8M), Russia ($17.7M), Japan ($16.6M), and Austria ($4.97M).

In 2023, the countries that had a largest trade value in imports than in exports of Cerium compounds were South Korea ($24.7M), Chinese Taipei ($17.4M), Estonia ($15.3M), United States ($13.3M), and Singapore ($7.96M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Cerium compounds 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 (2023)

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