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Pricing

261000 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.48BRnk 1041 / 4648
2022
Top Exporter | Top Importer $2.51B | $1.8BSouth Africa | China
2022
Product Complexity -2.82Rnk 4642 / 4653
2021 - 2022
Export Growth (CAGR) 32.8%Rnk 361 / 4648
2022
Share of World Trade 0.015%Rnk 1041 / 4648

About

Overview This page contains the latest trade data of Chromium ores and concentrates. In 2022, Chromium ores and concentrates were the world's 1041st most traded product, with a total trade of $3.48B. Between 2021 and 2022 the exports of Chromium ores and concentrates grew by 32.8%, from $2.62B to $3.48B. Trade in Chromium ores and concentrates represent 0.015% of total world trade.

Chromium ores and concentrates are a part of Chromium Ore.

Exports In 2022 the top exporters of Chromium ores and concentrates  were South Africa ($2.51B), Turkey ($342M), Kazakhstan ($146M), Albania ($118M), and Pakistan ($101M).

Imports In 2022 the top importers of Chromium ores and concentrates were China ($1.8B), Mozambique ($916M), Russia ($163M), Indonesia ($112M), and Hong Kong ($84.6M).

Ranking Chromium ores and concentrates ranks 4642nd in the Product Complexity Index (PCI).

Description Chromium ores and concentrates are used in a variety of industries. The most common example is in stainless steel production. The chromium in the metal helps prevent corrosion. It is also used in the manufacturing of paints, plastics, and chemicals.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Chromium ores and concentrates. 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)South Africa$2.51B
Top Destination (2022)China$1.8B

In 2022 Chromium ores and concentrates were the world's 1041st most traded product (out of 4,648).

In 2022, the top exporters of Chromium ores and concentrates were South Africa ($2.51B), Turkey ($342M), Kazakhstan ($146M), Albania ($118M), and Pakistan ($101M).

In 2022, the top importers of Chromium ores and concentrates were China ($1.8B), Mozambique ($916M), Russia ($163M), Indonesia ($112M), and Hong Kong ($84.6M).

Explore Visualizations

Exporters of Chromium ores and concentrates (2022)
[Click to Select a Country]

Importers of Chromium ores and concentrates (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)South Africa$691M
Top Destination Growth (2021 -  2022)China$344M

Between 2021 and 2022, the exports of Chromium ores and concentrates grew the fastest in South Africa ($691M), Turkey ($73M), Albania ($71.8M), Kazakhstan ($54.8M), and Mozambique ($14.1M).

Between 2021 and 2022, the fastest growing importers of Chromium ores and concentrates were China ($344M), Mozambique ($327M), Russia ($56.7M), Hong Kong ($48.5M), and Germany ($21.4M).

Explore Visualizations

Exporters of Chromium ores and concentrates (2021 - 2022)

Importers of Chromium ores and concentrates (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Chromium ores and concentrates.

In 2022, market concentration measured using Shannon Entropy, was 1.73. This means that most of the exports of Chromium ores and concentrates are explained by 3 countries.

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Value of Exports in Chromium ores and concentrates

Net Trade

TOP NET EXPORTER (2022)South Africa$2.51B
TOP NET IMPORTER (2022)China$1.79B

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

In 2022, the countries that had a largest trade value in exports than in imports of Chromium ores and concentrates were South Africa ($2.51B), Turkey ($292M), Kazakhstan ($145M), Albania ($118M), and Pakistan ($92.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Chromium ores and concentrates were China ($1.79B), Mozambique ($900M), Russia ($163M), Indonesia ($112M), and Sweden ($66.3M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Chromium ores and concentrates 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)

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