HS Icon Molybdenum

8102 (Harmonized System 1992 for 4-digit)

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.

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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.

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Historical Data

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Exporters and Importers

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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).

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Market Dynamics

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Trade by country

Value

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).

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Market Concentration

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Cumulative market share

Value

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.

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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).

Disaggregation

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Value

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)

Country Comparison

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Ranking

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.

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Molybdenum to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.