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720291 (Harmonized System 1992 for 6-digit)

2023
World Trade $319MRnk 3284 / 4644
2023
Top Exporter | Top Importer $59.8M | $40.9MUnited Kingdom | Germany
2023
Product Complexity 0.055Rnk 2462 / 4656
2022 - 2023
Export Growth (CAGR) -32.7%Rnk 4313 / 4644
2023
Share of World Trade 0.0014%Rnk 3284 / 4644

About

Overview This page contains the latest trade data of Ferro-titanium and ferro-silico-titanium. In 2023, Ferro-titanium and ferro-silico-titanium were the world's 3284th most traded product, with a total trade of $319M. Between 2022 and 2023 the exports of Ferro-titanium and ferro-silico-titanium decreased by -32.7%, from $474M to $319M. Trade in Ferro-titanium and ferro-silico-titanium represent 0.0014% of total world trade.

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

Exports In 2023 the top exporters of Ferro-titanium and ferro-silico-titanium  were United Kingdom ($59.8M), Netherlands ($48.1M), Russia ($42.8M), Estonia ($35.8M), and Latvia ($27.4M).

Imports In 2023 the top importers of Ferro-titanium and ferro-silico-titanium were Germany ($40.9M), Netherlands ($25.9M), Japan ($24.6M), United States ($19.2M), and France ($18M).

Ranking Ferro-titanium and ferro-silico-titanium ranks 2462nd 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 Trends

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 (2023)United Kingdom$59.8M
Top Destination (2023)Germany$40.9M

In 2023 Ferro-titanium and ferro-silico-titanium were the world's 3284th most traded product (out of 4,644).

In 2023, the top exporters of Ferro-titanium and ferro-silico-titanium were United Kingdom ($59.8M), Netherlands ($48.1M), Russia ($42.8M), Estonia ($35.8M), and Latvia ($27.4M).

In 2023, the top importers of Ferro-titanium and ferro-silico-titanium were Germany ($40.9M), Netherlands ($25.9M), Japan ($24.6M), United States ($19.2M), and France ($18M).

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Exporters of Ferro-titanium and ferro-silico-titanium (2023)
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Importers of Ferro-titanium and ferro-silico-titanium (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Latvia$15M
Top Destination Growth (2022 -  2023)Estonia$7.8M

Between 2022 and 2023, the exports of Ferro-titanium and ferro-silico-titanium grew the fastest in Latvia ($15M), Cyprus ($2.77M), Estonia ($2.66M), Luxembourg ($1.39M), and Kazakhstan ($668k).

Between 2022 and 2023, the fastest growing importers of Ferro-titanium and ferro-silico-titanium were Estonia ($7.8M), Latvia ($7.47M), Austria ($4.23M), India ($4.15M), and Cyprus ($1.88M).

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Exporters of Ferro-titanium and ferro-silico-titanium (2022 - 2023)

Importers of Ferro-titanium and ferro-silico-titanium (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.78. This means that most of the exports of Ferro-titanium and ferro-silico-titanium are explained by 13 countries.

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

Net Trade

TOP NET EXPORTER (2023)United Kingdom$57.3M
TOP NET IMPORTER (2023)Germany$25.8M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Ferro-titanium and ferro-silico-titanium were United Kingdom ($57.3M), Russia ($42.8M), Netherlands ($22.2M), Estonia ($21.4M), and Latvia ($12.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Ferro-titanium and ferro-silico-titanium were Germany ($25.8M), Japan ($24.5M), France ($13M), Italy ($12.8M), and Austria ($11.6M).

Net Trade (2023)

Country Comparison

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Measure
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 (2023)

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