Molybdenum8102 (Harmonized System 1992 for 4-digit)
2020 World Trade: $620M, Rnk 979 / 1217
2020 Top Exporter | Top Importer: $149M | $74M, China | United States
2020 Product Complexity: 1.1, Rnk 142 / 1028
2019 - 2020 Export Growth (CAGR): -21.5%, Rnk 1047 / 1217
2018 Mean Tariff: 3.06%, Rnk 1142 / 1259
2020 Share of World Trade: 0.0037%, Rnk 979 / 1217
Overview This page contains the latest trade data of Molybdenum. In 2020, Molybdenum were the world's 979th most traded product, with a total trade of $620M. Between 2019 and 2020 the exports of Molybdenum decreased by -21.5%, from $790M to $620M. Trade in Molybdenum represent 0.0037% of total world trade.
Molybdenum are a part of Cermet articles. They include Molybdenum, unwrought, bars/rods simply sintered,scra, Molybdenum, articles thereof nes, Molybdenum profile/sheet/strip etc not simply sintere, Wire, molybdenum, and Molybdenum, powder.
Exports In 2020 the top exporters of Molybdenum were China ($149M), Austria ($128M), Japan ($47.4M), United States ($45.9M), and Germany ($44.1M).
Imports In 2020 the top importers of Molybdenum were United States ($74M), Germany ($68.8M), Chinese Taipei ($53.8M), South Korea ($52.9M), and China ($46.3M).
Tariffs In 2018 the average tariff for Molybdenum was 3.06%, making it the 1142nd lowest tariff using the HS4 product classification.
Ranking Molybdenum ranks 142nd in the Product Complexity Index (PCI).
Description Molybdenum is a metal that is used in the production of steel. Molybdenum waste and scrap (excl. ash and residues containing molybdenum) are products that contain molybdenum, but do not contain any other metals or non-metals.
The following visualization shows the latest trends on 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.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): China, $149M
Top Destination (2020): United States, $74M
Molybdenum are the world's 979th most traded product.
In 2020, the top exporters of Molybdenum were China ($149M), Austria ($128M), Japan ($47.4M), United States ($45.9M), and Germany ($44.1M).
In 2020, the top importers of Molybdenum were United States ($74M), Germany ($68.8M), Chinese Taipei ($53.8M), South Korea ($52.9M), and China ($46.3M).
Trade by country
Top Origin Growth (2019 - 2020): Brazil, $4.05M
Top Destination Growth (2019 - 2020): Germany, $5.51M
Between 2019 and 2020, the exports of Molybdenum grew the fastest in Brazil ($4.05M), North Macedonia ($3.56M), Netherlands ($3.27M), Luxembourg ($1.16M), and Latvia ($1.08M).
Between 2019 and 2020, the fastest growing importers of Molybdenum were Germany ($5.51M), Saudi Arabia ($4.44M), Belgium ($2.2M), Turkey ($1.71M), and Ukraine ($1.2M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Molybdenum.
In 2020, market concentration measured using Shannon Entropy, was 3.68. This means that most of the exports of Molybdenum are explained by 12 countries.
TOP NET EXPORTER (2020): Austria, $106M
TOP NET IMPORTER (2020): South Korea, $32.5M
This map shows which countries export or import more of Molybdenum. Each country is colored based on the difference in exports and imports of Molybdenum during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Molybdenum were Austria ($106M), China ($103M), Uzbekistan ($21.7M), Brazil ($10.9M), and North Macedonia ($3.56M).
In 2020, the countries that had a largest trade value in imports than in exports of Molybdenum were South Korea ($32.5M), Chinese Taipei ($32.2M), France ($30.3M), United States ($28.1M), and Germany ($24.7M).
In 2020, the world most traded Molybdenum, disaggragated by their HS6 level were Molybdenum, unwrought, bars/rods simply sintered,scra ($258M), Molybdenum profile/sheet/strip etc not simply sintere ($140M), Molybdenum, articles thereof nes ($130M), Wire, molybdenum ($51.6M), and Molybdenum, powder ($40.4M)
This visualization shows the countries that have an important ratio of their trade related to Molybdenum. It is possible to select the main countries that export or import Molybdenum in the world, or by continent, as well as select the measure of interest.
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.
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