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720270 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.06BRnk 1143 / 4648
2022
Top Exporter | Top Importer $681M | $690MSouth Korea | Netherlands
2022
Product Complexity 0.47Rnk 1685 / 4653
2021 - 2022
Export Growth (CAGR) 11.1%Rnk 1495 / 4648
2022
Share of World Trade 0.013%Rnk 1143 / 4648

About

Overview This page contains the latest trade data of Ferro-molybdenum. In 2022, Ferro-molybdenum were the world's 1143rd most traded product, with a total trade of $3.06B. Between 2021 and 2022 the exports of Ferro-molybdenum grew by 11.1%, from $2.76B to $3.06B. Trade in Ferro-molybdenum represent 0.013% of total world trade.

Ferro-molybdenum are a part of Ferroalloys.

Exports In 2022 the top exporters of Ferro-molybdenum  were South Korea ($681M), Netherlands ($393M), China ($367M), Belgium ($337M), and Chile ($313M).

Imports In 2022 the top importers of Ferro-molybdenum were Netherlands ($690M), United States ($290M), Indonesia ($268M), Germany ($263M), and Italy ($186M).

Ranking Ferro-molybdenum ranks 1685th in the Product Complexity Index (PCI).

Description Ferro-molybdenum is used in the production of steel.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Ferro-molybdenum. 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 Korea$681M
Top Destination (2022)Netherlands$690M

In 2022 Ferro-molybdenum were the world's 1143rd most traded product (out of 4,648).

In 2022, the top exporters of Ferro-molybdenum were South Korea ($681M), Netherlands ($393M), China ($367M), Belgium ($337M), and Chile ($313M).

In 2022, the top importers of Ferro-molybdenum were Netherlands ($690M), United States ($290M), Indonesia ($268M), Germany ($263M), and Italy ($186M).

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Exporters of Ferro-molybdenum (2022)
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Importers of Ferro-molybdenum (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Belgium$81.4M
Top Destination Growth (2021 -  2022)India$59.2M

Between 2021 and 2022, the exports of Ferro-molybdenum grew the fastest in Belgium ($81.4M), Netherlands ($71.7M), United Kingdom ($65.4M), Armenia ($61.2M), and South Korea ($32.6M).

Between 2021 and 2022, the fastest growing importers of Ferro-molybdenum were India ($59.2M), Indonesia ($54.8M), Sweden ($46.8M), Russia ($43.5M), and Czechia ($41.4M).

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Exporters of Ferro-molybdenum (2021 - 2022)

Importers of Ferro-molybdenum (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ferro-molybdenum.

In 2022, market concentration measured using Shannon Entropy, was 3.4. This means that most of the exports of Ferro-molybdenum are explained by 10 countries.

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Value of Exports in Ferro-molybdenum

Net Trade

TOP NET EXPORTER (2022)South Korea$633M
TOP NET IMPORTER (2022)Netherlands$298M

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

In 2022, the countries that had a largest trade value in exports than in imports of Ferro-molybdenum were South Korea ($633M), Chile ($313M), Armenia ($311M), China ($295M), and United Kingdom ($293M).

In 2022, the countries that had a largest trade value in imports than in exports of Ferro-molybdenum were Netherlands ($298M), Indonesia ($268M), United States ($261M), Germany ($205M), and Italy ($180M).

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

Top 10 Exporters Countries of Ferro-molybdenum 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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