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720299 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.17BRnk 2012 / 4648
2022
Top Exporter | Top Importer $380M | $165MChina | China
2022
Product Complexity -0.34Rnk 3013 / 4653
2021 - 2022
Export Growth (CAGR) 25.9%Rnk 544 / 4648
2022
Share of World Trade 0.005%Rnk 2012 / 4648

About

Overview This page contains the latest trade data of Ferro-alloys, nes. In 2022, Ferro-alloys, nes were the world's 2012th most traded product, with a total trade of $1.17B. Between 2021 and 2022 the exports of Ferro-alloys, nes grew by 25.9%, from $933M to $1.17B. Trade in Ferro-alloys, nes represent 0.005% of total world trade.

Ferro-alloys, nes are a part of Ferroalloys.

Exports In 2022 the top exporters of Ferro-alloys, nes  were China ($380M), Brazil ($227M), Malaysia ($57.4M), Slovenia ($52.8M), and France ($50.2M).

Imports In 2022 the top importers of Ferro-alloys, nes were China ($165M), Japan ($164M), Germany ($77.5M), United States ($75.4M), and India ($69.8M).

Ranking Ferro-alloys, nes ranks 3013th in the Product Complexity Index (PCI).

Description Ferro-alloys are used to create steel. They are also used for decorative and protective coatings.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Ferro-alloys, nes. 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$380M
Top Destination (2022)China$165M

In 2022 Ferro-alloys, nes were the world's 2012th most traded product (out of 4,648).

In 2022, the top exporters of Ferro-alloys, nes were China ($380M), Brazil ($227M), Malaysia ($57.4M), Slovenia ($52.8M), and France ($50.2M).

In 2022, the top importers of Ferro-alloys, nes were China ($165M), Japan ($164M), Germany ($77.5M), United States ($75.4M), and India ($69.8M).

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Exporters of Ferro-alloys, nes (2022)
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Importers of Ferro-alloys, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$77.2M
Top Destination Growth (2021 -  2022)Japan$99.5M

Between 2021 and 2022, the exports of Ferro-alloys, nes grew the fastest in China ($77.2M), Brazil ($55.9M), Malaysia ($55.6M), Slovenia ($16.5M), and Argentina ($16.3M).

Between 2021 and 2022, the fastest growing importers of Ferro-alloys, nes were Japan ($99.5M), United States ($29.1M), Canada ($20.6M), Turkey ($13.2M), and Germany ($11.2M).

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Exporters of Ferro-alloys, nes (2021 - 2022)

Importers of Ferro-alloys, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ferro-alloys, nes.

In 2022, market concentration measured using Shannon Entropy, was 3.74. This means that most of the exports of Ferro-alloys, nes are explained by 13 countries.

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Value of Exports in Ferro-alloys, nes

Net Trade

TOP NET EXPORTER (2022)China$216M
TOP NET IMPORTER (2022)Japan$156M

This map shows which countries export or import more of Ferro-alloys, nes. Each country is colored based on the difference in exports and imports of Ferro-alloys, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Ferro-alloys, nes were China ($216M), Brazil ($212M), Malaysia ($39.7M), France ($30.1M), and Democratic Republic of the Congo ($28.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Ferro-alloys, nes were Japan ($156M), Germany ($59.4M), Turkey ($45.1M), Vietnam ($40.6M), and Canada ($36M).

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 Ferro-alloys, nes.
It is possible to select the main countries that export or import Ferro-alloys, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ferro-alloys, nes 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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