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Chromium oxides and hydroxides

2819 (Harmonized System 1992 for 4-digit)

2022
World Trade $614MRnk 1024 / 1218
2022
Top Exporter | Top Importer $242M | $100MKazakhstan | Estonia
2022
Product Complexity -0.068Rnk 577 / 1033
2021 - 2022
Export Growth (CAGR) 3.33%Rnk 690 / 1218
2022
Share of World Trade 0.0026%Rnk 1024 / 1218

About

Overview This page contains the latest trade data of Chromium Oxides and Hydroxides. In 2022, Chromium Oxides and Hydroxides were the world's 1024th most traded product, with a total trade of $614M. Between 2021 and 2022 the exports of Chromium Oxides and Hydroxides grew by 3.33%, from $594M to $614M. Trade in Chromium Oxides and Hydroxides represent 0.0026% 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 2022 the top exporters of Chromium Oxides and Hydroxides  were Kazakhstan ($242M), China ($71.5M), Germany ($64M), United States ($53.5M), and Turkey ($39.2M).

Imports In 2022 the top importers of Chromium Oxides and Hydroxides were Estonia ($100M), Spain ($46.6M), United States ($42.9M), Belgium ($39M), and Brazil ($38.2M).

Ranking Chromium Oxides and Hydroxides ranks 577th 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 (2022)Kazakhstan$242M
Top Destination (2022)Estonia$100M

In 2022 Chromium Oxides and Hydroxides were the world's 1024th most traded product (out of 1,218).

In 2022, the top exporters of Chromium Oxides and Hydroxides were Kazakhstan ($242M), China ($71.5M), Germany ($64M), United States ($53.5M), and Turkey ($39.2M).

In 2022, the top importers of Chromium Oxides and Hydroxides were Estonia ($100M), Spain ($46.6M), United States ($42.9M), Belgium ($39M), and Brazil ($38.2M).

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Exporters of Chromium Oxides and Hydroxides (2022)
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Importers of Chromium Oxides and Hydroxides (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$20.5M
Top Destination Growth (2021 -  2022)Hong Kong$20.7M

Between 2021 and 2022, the exports of Chromium Oxides and Hydroxides grew the fastest in China ($20.5M), India ($9.2M), Germany ($8.81M), South Africa ($6.58M), and Turkey ($5.43M).

Between 2021 and 2022, the fastest growing importers of Chromium Oxides and Hydroxides were Hong Kong ($20.7M), United States ($17.8M), Brazil ($11.9M), Japan ($3.71M), and Poland ($3.63M).

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Exporters of Chromium Oxides and Hydroxides (2021 - 2022)

Importers of Chromium Oxides and Hydroxides (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.13. This means that most of the exports of Chromium Oxides and Hydroxides are explained by 8 countries.

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Value of Exports in Chromium Oxides and Hydroxides

Net Trade

TOP NET EXPORTER (2022)Kazakhstan$242M
TOP NET IMPORTER (2022)Estonia$89M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Chromium Oxides and Hydroxides were Kazakhstan ($242M), China ($61.2M), Germany ($37.5M), Turkey ($29.9M), and South Africa ($13M).

In 2022, the countries that had a largest trade value in imports than in exports of Chromium Oxides and Hydroxides were Estonia ($89M), Brazil ($37.7M), Spain ($37.1M), Belgium ($36.1M), and Hong Kong ($31.6M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Chromium Oxides and Hydroxides, disaggragated by their HS6 level were Chromium oxides, hydroxides except chromium trioxide ($359M) and Chromium trioxide ($255M)

HS6 Disaggregation for Chromium Oxides and Hydroxides (2022)
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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.

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)

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 (2022)

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