720291 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Ferro-titanium and ferro-silico-titanium. In 2022, Ferro-titanium and ferro-silico-titanium were the world's 3065th most traded product, with a total trade of $434M. Between 2021 and 2022 the exports of Ferro-titanium and ferro-silico-titanium grew by 25.2%, from $347M to $434M. Trade in Ferro-titanium and ferro-silico-titanium represent 0.0018% of total world trade.

Ferro-titanium and ferro-silico-titanium are a part of Ferroalloys.

Exports In 2022 the top exporters of Ferro-titanium and ferro-silico-titanium  were United Kingdom ($87.9M), Russia ($74.1M), Netherlands ($54.1M), Estonia ($34M), and Germany ($24.1M).

Imports In 2022 the top importers of Ferro-titanium and ferro-silico-titanium were Netherlands ($49.5M), Japan ($48.2M), Germany ($47.4M), South Korea ($33.3M), and Brazil ($24.5M).

Ranking Ferro-titanium and ferro-silico-titanium ranks 1830th in the Product Complexity Index (PCI).

Description Ferro-titanium is a metal alloy that contains 85% titanium, 15% iron, and small amounts of other metals. Ferro-titanium is used to make products such as frying pans, golf clubs, and dental implants. Ferro-silico-titanium is an alloy that has about 75% titanium and 25% silicon. It is used in aircraft parts such as airplane propellers and engine parts.

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Ferro-titanium and ferro-silico-titanium. 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)United Kingdom$87.9M
Top Destination (2022)Netherlands$49.5M

In 2022 Ferro-titanium and ferro-silico-titanium were the world's 3065th most traded product (out of 4,648).

In 2022, the top exporters of Ferro-titanium and ferro-silico-titanium were United Kingdom ($87.9M), Russia ($74.1M), Netherlands ($54.1M), Estonia ($34M), and Germany ($24.1M).

In 2022, the top importers of Ferro-titanium and ferro-silico-titanium were Netherlands ($49.5M), Japan ($48.2M), Germany ($47.4M), South Korea ($33.3M), and Brazil ($24.5M).

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Exporters of Ferro-titanium and ferro-silico-titanium (2022)
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Importers of Ferro-titanium and ferro-silico-titanium (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Kingdom$26.1M
Top Destination Growth (2021 -  2022)Japan$25.6M

Between 2021 and 2022, the exports of Ferro-titanium and ferro-silico-titanium grew the fastest in United Kingdom ($26.1M), Estonia ($16.9M), China ($12.4M), Netherlands ($11.9M), and Poland ($9.75M).

Between 2021 and 2022, the fastest growing importers of Ferro-titanium and ferro-silico-titanium were Japan ($25.6M), South Korea ($20M), Luxembourg ($10.2M), Sweden ($7.66M), and Germany ($7.52M).

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Exporters of Ferro-titanium and ferro-silico-titanium (2021 - 2022)

Importers of Ferro-titanium and ferro-silico-titanium (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ferro-titanium and ferro-silico-titanium.

In 2022, market concentration measured using Shannon Entropy, was 3.81. This means that most of the exports of Ferro-titanium and ferro-silico-titanium are explained by 14 countries.

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Value of Exports in Ferro-titanium and ferro-silico-titanium

Net Trade

TOP NET EXPORTER (2022)United Kingdom$85.3M
TOP NET IMPORTER (2022)Japan$48M

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

In 2022, the countries that had a largest trade value in exports than in imports of Ferro-titanium and ferro-silico-titanium were United Kingdom ($85.3M), Russia ($73.9M), Estonia ($27.5M), Ukraine ($21.4M), and China ($16.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Ferro-titanium and ferro-silico-titanium were Japan ($48M), South Korea ($32.9M), Brazil ($23.9M), Germany ($23.3M), and Italy ($17M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Ferro-titanium and ferro-silico-titanium 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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