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

720229 (Harmonized System 1992 for 6-digit)

2023
World Trade $723MRnk 2468 / 4644
2023
Top Exporter | Top Importer $214M | $116MNorway | Netherlands
2023
Product Complexity -0.57Rnk 3324 / 4656
2022 - 2023
Export Growth (CAGR) -8.4%Rnk 2529 / 4644
2023
Share of World Trade 0.0032%Rnk 2468 / 4644

About

Overview This page contains the latest trade data of Ferro-silicon, <55% silicon. In 2023, Ferro-silicon, <55% silicon were the world's 2468th most traded product, with a total trade of $723M. Between 2022 and 2023 the exports of Ferro-silicon, <55% silicon decreased by -8.4%, from $789M to $723M. Trade in Ferro-silicon, <55% silicon represent 0.0032% of total world trade.

Ferro-silicon, <55% silicon are a part of Ferroalloys.

Exports In 2023 the top exporters of Ferro-silicon, <55% silicon  were Norway ($214M), Canada ($86.1M), Netherlands ($72.9M), China ($56.3M), and South Africa ($39.6M).

Imports In 2023 the top importers of Ferro-silicon, <55% silicon were Netherlands ($116M), United States ($76.5M), Turkey ($62.6M), Spain ($47.9M), and Italy ($40.5M).

Ranking Ferro-silicon, <55% silicon ranks 3324th in the Product Complexity Index (PCI).

Description Ferro-silicon is used in steel making, where it is needed to make the steel stronger. In steel making, ferro-silicon is combined with other elements to create steel, and the silicon makes the steel stronger. What is silicon carbide and how is it used? Silicon carbide is a hard, abrasive material that is used in cutting tools, abrasives, and electronics. What is the chemical formula for silicon? Si

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Ferro-silicon, <55% silicon. 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)Norway$214M
Top Destination (2023)Netherlands$116M

In 2023 Ferro-silicon, <55% silicon were the world's 2468th most traded product (out of 4,644).

In 2023, the top exporters of Ferro-silicon, <55% silicon were Norway ($214M), Canada ($86.1M), Netherlands ($72.9M), China ($56.3M), and South Africa ($39.6M).

In 2023, the top importers of Ferro-silicon, <55% silicon were Netherlands ($116M), United States ($76.5M), Turkey ($62.6M), Spain ($47.9M), and Italy ($40.5M).

Explore Visualizations

Exporters of Ferro-silicon, <55% silicon (2023)
[Click to Select a Country]

Importers of Ferro-silicon, <55% silicon (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Norway$90.6M
Top Destination Growth (2022 -  2023)Netherlands$110M

Between 2022 and 2023, the exports of Ferro-silicon, <55% silicon grew the fastest in Norway ($90.6M), Portugal ($3.59M), Denmark ($2.07M), Slovenia ($1.39M), and Spain ($787k).

Between 2022 and 2023, the fastest growing importers of Ferro-silicon, <55% silicon were Netherlands ($110M), Turkey ($15.1M), Poland ($6.36M), Italy ($2.01M), and Zimbabwe ($1.9M).

Explore Visualizations

Exporters of Ferro-silicon, <55% silicon (2022 - 2023)

Importers of Ferro-silicon, <55% silicon (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ferro-silicon, <55% silicon.

In 2023, market concentration measured using Shannon Entropy, was 3.85. This means that most of the exports of Ferro-silicon, <55% silicon are explained by 14 countries.

Explore Visualizations

Value of Exports in Ferro-silicon, <55% silicon

Net Trade

TOP NET EXPORTER (2023)Norway$213M
TOP NET IMPORTER (2023)United States$70.4M

This map shows which countries export or import more of Ferro-silicon, <55% silicon. Each country is colored based on the difference in exports and imports of Ferro-silicon, <55% silicon during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Ferro-silicon, <55% silicon were Norway ($213M), Canada ($83.9M), China ($55.2M), South Africa ($37.4M), and Russia ($20.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Ferro-silicon, <55% silicon were United States ($70.4M), Turkey ($62.2M), Spain ($43.8M), Netherlands ($43.3M), and Italy ($37.6M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Ferro-silicon, <55% silicon.
It is possible to select the main countries that export or import Ferro-silicon, <55% silicon in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ferro-silicon, <55% silicon 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