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Metals; n.e.s., cermets and articles thereof

81 (Harmonized System 1992 for 2-digit)

2022
World Trade $31BRnk 68 / 96
2022
Top Exporter | Top Importer $6.8B | $7.35BChina | China
2022
Product Complexity -0.86Rnk 78 / 96
2021 - 2022
Export Growth (CAGR) 31.1%Rnk 5 / 96
2022
Share of World Trade 0.13%Rnk 68 / 96

About

Overview This page contains the latest trade data of Cermet articles. In 2022, Cermet articles were the world's 68th most traded product, with a total trade of $31B. Between 2021 and 2022 the exports of Cermet articles grew by 31.1%, from $23.6B to $31B. Trade in Cermet articles represent 0.13% of total world trade.

Cermet articles are a part of Metals. They include Titanium, Cobalt, Magnesium, Other Metals, Tantalum, Tungsten, Manganese, Molybdenum, Cermets, and Zirconium, among others.

Exports In 2022 the top exporters of Cermet articles  were China ($6.8B), Democratic Republic of the Congo ($5.99B), United States ($3B), Germany ($1.92B), and Japan ($1.32B).

Imports In 2022 the top importers of Cermet articles were China ($7.35B), United States ($3.94B), Germany ($2.4B), Japan ($1.74B), and South Korea ($1.32B).

Ranking Cermet articles ranks 78th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Cermet articles. 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 (2022)China$6.8B
Top Destination (2022)China$7.35B

In 2022 Cermet articles were the world's 68th most traded product (out of 96).

In 2022, the top exporters of Cermet articles were China ($6.8B), Democratic Republic of the Congo ($5.99B), United States ($3B), Germany ($1.92B), and Japan ($1.32B).

In 2022, the top importers of Cermet articles were China ($7.35B), United States ($3.94B), Germany ($2.4B), Japan ($1.74B), and South Korea ($1.32B).

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Exporters of Cermet articles (2022)
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Importers of Cermet articles (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.8B
Top Destination Growth (2021 -  2022)United States$1.5B

Between 2021 and 2022, the exports of Cermet articles grew the fastest in China ($1.8B), Democratic Republic of the Congo ($1.4B), United States ($681M), Germany ($357M), and United Kingdom ($323M).

Between 2021 and 2022, the fastest growing importers of Cermet articles were United States ($1.5B), China ($1.41B), Germany ($726M), France ($444M), and United Kingdom ($318M).

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Exporters of Cermet articles (2021 - 2022)

Importers of Cermet articles (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cermet articles.

In 2022, market concentration measured using Shannon Entropy, was 4.2. This means that most of the exports of Cermet articles are explained by 18 countries.

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Value of Exports in Cermet articles

Net Trade

TOP NET EXPORTER (2022)Democratic Republic of the Congo$5.99B
TOP NET IMPORTER (2022)South Korea$989M

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

In 2022, the countries that had a largest trade value in exports than in imports of Cermet articles were Democratic Republic of the Congo ($5.99B), Russia ($668M), Finland ($230M), Madagascar ($223M), and South Africa ($186M).

In 2022, the countries that had a largest trade value in imports than in exports of Cermet articles were South Korea ($989M), United States ($938M), India ($574M), Netherlands ($557M), and China ($544M).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Cermet articles, disaggragated by their HS6 level were Cobalt ($10.1B), Titanium ($6.38B), Magnesium ($4.15B), Other Metals ($2.13B), and Manganese ($2.1B)

HS6 Disaggregation for Cermet articles (2022)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Cermet articles by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALSouth Korea+ $11.6M
TOP IMPORT POTENTIALUnited Kingdom+ $16.9k

Cermet articles’s highest export potential is South Korea. With an export gap of $11.6M.  Cermet articles’s highest import potential is United Kingdom with an import gap of $16.9k.

See methodology.

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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)

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