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Chromium oxides and hydroxides

2819 (Harmonized System 1992 for 4-digit)

2023
World Trade $524MRnk 1027 / 1217
2023
Top Exporter | Top Importer $266M | $115MKazakhstan | Estonia
2023
Product Complexity -0.13Rnk 615 / 1044
2022 - 2023
Export Growth (CAGR) -17%Rnk 963 / 1217
2023
Share of World Trade 0.0023%Rnk 1027 / 1217

About

Overview This page contains the latest trade data of Chromium Oxides and Hydroxides. In 2023, Chromium Oxides and Hydroxides were the world's 1027th most traded product, with a total trade of $524M. Between 2022 and 2023 the exports of Chromium Oxides and Hydroxides decreased by -17%, from $631M to $524M. Trade in Chromium Oxides and Hydroxides represent 0.0023% of total world trade.

Chromium Oxides and Hydroxides are a part of Inorganic chemicals. They include Chromium oxides, hydroxides except chromium trioxide and Chromium trioxide.

Exports In 2023 the top exporters of Chromium Oxides and Hydroxides  were Kazakhstan ($266M), China ($61.5M), United States ($38.6M), Germany ($37.9M), and Turkey ($26.1M).

Imports In 2023 the top importers of Chromium Oxides and Hydroxides were Estonia ($115M), Hong Kong ($46.3M), Belgium ($42.8M), United States ($30.7M), and Spain ($25.9M).

Ranking Chromium Oxides and Hydroxides ranks 615th in the Product Complexity Index (PCI).

Description Chromium oxides and hydroxides are used in the manufacturing of stainless steel, paints, and pigments.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Chromium Oxides and Hydroxides. 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)Kazakhstan$266M
Top Destination (2023)Estonia$115M

In 2023 Chromium Oxides and Hydroxides were the world's 1027th most traded product (out of 1,217).

In 2023, the top exporters of Chromium Oxides and Hydroxides were Kazakhstan ($266M), China ($61.5M), United States ($38.6M), Germany ($37.9M), and Turkey ($26.1M).

In 2023, the top importers of Chromium Oxides and Hydroxides were Estonia ($115M), Hong Kong ($46.3M), Belgium ($42.8M), United States ($30.7M), and Spain ($25.9M).

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Exporters of Chromium Oxides and Hydroxides (2023)
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Importers of Chromium Oxides and Hydroxides (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Kazakhstan$9.84M
Top Destination Growth (2022 -  2023)Hong Kong$12.7M

Between 2022 and 2023, the exports of Chromium Oxides and Hydroxides grew the fastest in Kazakhstan ($9.84M), Finland ($749k), Austria ($458k), Malaysia ($432k), and Saudi Arabia ($121k).

Between 2022 and 2023, the fastest growing importers of Chromium Oxides and Hydroxides were Hong Kong ($12.7M), Estonia ($10.7M), Belgium ($5.35M), Gambia ($2.03M), and Turkey ($1.17M).

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Exporters of Chromium Oxides and Hydroxides (2022 - 2023)

Importers of Chromium Oxides and Hydroxides (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Chromium Oxides and Hydroxides.

In 2023, market concentration measured using Shannon Entropy, was 2.71. This means that most of the exports of Chromium Oxides and Hydroxides are explained by 6 countries.

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Value of Exports in Chromium Oxides and Hydroxides

Net Trade

TOP NET EXPORTER (2023)Kazakhstan$266M
TOP NET IMPORTER (2023)Estonia$110M

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

In 2023, the countries that had a largest trade value in exports than in imports of Chromium Oxides and Hydroxides were Kazakhstan ($266M), China ($52.1M), Turkey ($16.6M), Germany ($12.1M), and India ($10.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Chromium Oxides and Hydroxides were Estonia ($110M), Hong Kong ($45.7M), Belgium ($42M), Brazil ($25.1M), and United Kingdom ($21M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Chromium Oxides and Hydroxides, disaggragated by their HS6 level were Chromium oxides, hydroxides except chromium trioxide ($333M) and Chromium trioxide ($191M)

HS6 Disaggregation for Chromium Oxides and Hydroxides (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Chromium Oxides and Hydroxides by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $942k
TOP IMPORT POTENTIALRussia+ $13.4k

Chromium Oxides and Hydroxides’s highest export potential is India. With an export gap of $942k.  Chromium Oxides and Hydroxides’s highest import potential is Russia with an import gap of $13.4k.

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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 (2023)

Country by Relatedness

The following visualization shows the relatedness of Chromium Oxides and Hydroxides to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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