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720230 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.48BRnk 999 / 4644
2023
Top Exporter | Top Importer $1.1B | $359MIndia | United States
2023
Product Complexity -1.5Rnk 4272 / 4656
2022 - 2023
Export Growth (CAGR) -40.6%Rnk 4450 / 4644
2023
Share of World Trade 0.015%Rnk 999 / 4644

About

Overview This page contains the latest trade data of Ferro-silico-manganese. In 2023, Ferro-silico-manganese were the world's 999th most traded product, with a total trade of $3.48B. Between 2022 and 2023 the exports of Ferro-silico-manganese decreased by -40.6%, from $5.87B to $3.48B. Trade in Ferro-silico-manganese represent 0.015% of total world trade.

Ferro-silico-manganese are a part of Ferroalloys.

Exports In 2023 the top exporters of Ferro-silico-manganese  were India ($1.1B), Norway ($341M), Ukraine ($336M), Malaysia ($313M), and Georgia ($184M).

Imports In 2023 the top importers of Ferro-silico-manganese were United States ($359M), Italy ($267M), Turkey ($261M), Japan ($231M), and Germany ($197M).

Ranking Ferro-silico-manganese ranks 4272nd in the Product Complexity Index (PCI).

Description Ferro-silico-manganese is used in the production of stainless steel and cast iron, and is often used in the production of automobile parts.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Ferro-silico-manganese. 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)India$1.1B
Top Destination (2023)United States$359M

In 2023 Ferro-silico-manganese were the world's 999th most traded product (out of 4,644).

In 2023, the top exporters of Ferro-silico-manganese were India ($1.1B), Norway ($341M), Ukraine ($336M), Malaysia ($313M), and Georgia ($184M).

In 2023, the top importers of Ferro-silico-manganese were United States ($359M), Italy ($267M), Turkey ($261M), Japan ($231M), and Germany ($197M).

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Exporters of Ferro-silico-manganese (2023)
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Importers of Ferro-silico-manganese (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Poland$5.34M
Top Destination Growth (2022 -  2023)Gambia$13M

Between 2022 and 2023, the exports of Ferro-silico-manganese grew the fastest in Poland ($5.34M), Burma ($3M), Czechia ($1.55M), Tanzania ($799k), and Hungary ($707k).

Between 2022 and 2023, the fastest growing importers of Ferro-silico-manganese were Gambia ($13M), Netherlands ($10.9M), Slovakia ($9.69M), Turks and Caicos Islands ($5.92M), and Spain ($2.5M).

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Exporters of Ferro-silico-manganese (2022 - 2023)

Importers of Ferro-silico-manganese (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Ferro-silico-manganese are explained by 13 countries.

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Value of Exports in Ferro-silico-manganese

Net Trade

TOP NET EXPORTER (2023)India$1.07B
TOP NET IMPORTER (2023)United States$353M

This map shows which countries export or import more of Ferro-silico-manganese. Each country is colored based on the difference in exports and imports of Ferro-silico-manganese during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Ferro-silico-manganese were India ($1.07B), Norway ($336M), Ukraine ($329M), Malaysia ($276M), and Georgia ($183M).

In 2023, the countries that had a largest trade value in imports than in exports of Ferro-silico-manganese were United States ($353M), Turkey ($257M), Japan ($229M), Germany ($185M), and Italy ($181M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Ferro-silico-manganese 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)

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