NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

720241 (Harmonized System 1992 for 6-digit)

2023
World Trade $9.75BRnk 377 / 4644
2023
Top Exporter | Top Importer $4.83B | $3.31BSouth Africa | China
2023
Product Complexity -1.22Rnk 4029 / 4656
2022 - 2023
Export Growth (CAGR) -12.8%Rnk 3022 / 4644
2023
Share of World Trade 0.043%Rnk 377 / 4644

About

Overview This page contains the latest trade data of Ferro-chromium, >4% carbon. In 2023, Ferro-chromium, >4% carbon were the world's 377th most traded product, with a total trade of $9.75B. Between 2022 and 2023 the exports of Ferro-chromium, >4% carbon decreased by -12.8%, from $11.2B to $9.75B. Trade in Ferro-chromium, >4% carbon represent 0.043% of total world trade.

Ferro-chromium, >4% carbon are a part of Ferroalloys.

Exports In 2023 the top exporters of Ferro-chromium, >4% carbon  were South Africa ($4.83B), Kazakhstan ($1.83B), India ($1.11B), Zimbabwe ($458M), and Finland ($318M).

Imports In 2023 the top importers of Ferro-chromium, >4% carbon were China ($3.31B), Indonesia ($1.17B), Mozambique ($1.06B), Japan ($840M), and United States ($510M).

Ranking Ferro-chromium, >4% carbon ranks 4029th in the Product Complexity Index (PCI).

Description Ferro-chromium is a type of steel that is used in the production of stainless steel. The chromium is added to increase the corrosion resistance while the carbon is added to improve the tensile strength.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Ferro-chromium, >4% carbon. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)South Africa$4.83B
Top Destination (2023)China$3.31B

In 2023 Ferro-chromium, >4% carbon were the world's 377th most traded product (out of 4,644).

In 2023, the top exporters of Ferro-chromium, >4% carbon were South Africa ($4.83B), Kazakhstan ($1.83B), India ($1.11B), Zimbabwe ($458M), and Finland ($318M).

In 2023, the top importers of Ferro-chromium, >4% carbon were China ($3.31B), Indonesia ($1.17B), Mozambique ($1.06B), Japan ($840M), and United States ($510M).

Explore Visualizations

Exporters of Ferro-chromium, >4% carbon (2023)
[Click to Select a Country]

Importers of Ferro-chromium, >4% carbon (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Oman$4.55M
Top Destination Growth (2022 -  2023)China$414M

Between 2022 and 2023, the exports of Ferro-chromium, >4% carbon grew the fastest in Oman ($4.55M), Sweden ($3.25M), Luxembourg ($2.73M), Belgium ($2.25M), and Austria ($2.19M).

Between 2022 and 2023, the fastest growing importers of Ferro-chromium, >4% carbon were China ($414M), Gambia ($69.7M), Hong Kong ($47.1M), Slovenia ($38.9M), and Albania ($38.9M).

Explore Visualizations

Exporters of Ferro-chromium, >4% carbon (2022 - 2023)

Importers of Ferro-chromium, >4% carbon (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ferro-chromium, >4% carbon.

In 2023, market concentration measured using Shannon Entropy, was 2.49. This means that most of the exports of Ferro-chromium, >4% carbon are explained by 5 countries.

Explore Visualizations

Value of Exports in Ferro-chromium, >4% carbon

Net Trade

TOP NET EXPORTER (2023)South Africa$4.83B
TOP NET IMPORTER (2023)China$3.28B

This map shows which countries export or import more of Ferro-chromium, >4% carbon. Each country is colored based on the difference in exports and imports of Ferro-chromium, >4% carbon during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Ferro-chromium, >4% carbon were South Africa ($4.83B), Kazakhstan ($1.82B), India ($1.07B), Zimbabwe ($458M), and Finland ($279M).

In 2023, the countries that had a largest trade value in imports than in exports of Ferro-chromium, >4% carbon were China ($3.28B), Indonesia ($1.17B), Mozambique ($1.04B), Japan ($839M), and United States ($504M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Ferro-chromium, >4% carbon.
It is possible to select the main countries that export or import Ferro-chromium, >4% carbon in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ferro-chromium, >4% carbon 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 (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms