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810299 (Harmonized System 1992 for 6-digit)

2023
World Trade $212MRnk 3622 / 4644
2023
Top Exporter | Top Importer $54M | $38.7MChina | Belgium
2023
Product Complexity 1.05Rnk 713 / 4656
2022 - 2023
Export Growth (CAGR) 14%Rnk 476 / 4644
2023
Share of World Trade 0.00094%Rnk 3622 / 4644

About

Overview This page contains the latest trade data of Molybdenum, articles thereof nes. In 2023, Molybdenum, articles thereof nes were the world's 3622nd most traded product, with a total trade of $212M. Between 2022 and 2023 the exports of Molybdenum, articles thereof nes grew by 14%, from $186M to $212M. Trade in Molybdenum, articles thereof nes represent 0.00094% of total world trade.

Molybdenum, articles thereof nes are a part of Molybdenum.

Exports In 2023 the top exporters of Molybdenum, articles thereof nes  were China ($54M), Uzbekistan ($47.3M), Austria ($39M), Chinese Taipei ($12.2M), and Bulgaria ($11.1M).

Imports In 2023 the top importers of Molybdenum, articles thereof nes were Belgium ($38.7M), Chinese Taipei ($20.7M), United States ($15.7M), Czechia ($13.9M), and Japan ($12.3M).

Ranking Molybdenum, articles thereof nes ranks 713th in the Product Complexity Index (PCI).

Description Molybdenum is primarily used as a component in the alloying of steel as it improves the wear resistance and hardness. It is also used in the production of high-strength steel, paints and in the production of molybdenum disulfide.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Molybdenum, articles thereof nes. 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)China$54M
Top Destination (2023)Belgium$38.7M

In 2023 Molybdenum, articles thereof nes were the world's 3622nd most traded product (out of 4,644).

In 2023, the top exporters of Molybdenum, articles thereof nes were China ($54M), Uzbekistan ($47.3M), Austria ($39M), Chinese Taipei ($12.2M), and Bulgaria ($11.1M).

In 2023, the top importers of Molybdenum, articles thereof nes were Belgium ($38.7M), Chinese Taipei ($20.7M), United States ($15.7M), Czechia ($13.9M), and Japan ($12.3M).

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Exporters of Molybdenum, articles thereof nes (2023)
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Importers of Molybdenum, articles thereof nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Uzbekistan$19.5M
Top Destination Growth (2022 -  2023)Belgium$38.3M

Between 2022 and 2023, the exports of Molybdenum, articles thereof nes grew the fastest in Uzbekistan ($19.5M), China ($15.6M), Bulgaria ($6.15M), Chinese Taipei ($2.87M), and Hong Kong ($2.02M).

Between 2022 and 2023, the fastest growing importers of Molybdenum, articles thereof nes were Belgium ($38.3M), United States ($5.01M), Japan ($4.68M), Czechia ($4.44M), and Bulgaria ($3.58M).

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Exporters of Molybdenum, articles thereof nes (2022 - 2023)

Importers of Molybdenum, articles thereof nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Molybdenum, articles thereof nes.

In 2023, market concentration measured using Shannon Entropy, was 3.24. This means that most of the exports of Molybdenum, articles thereof nes are explained by 9 countries.

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Value of Exports in Molybdenum, articles thereof nes

Net Trade

TOP NET EXPORTER (2023)Uzbekistan$47.3M
TOP NET IMPORTER (2023)Belgium$38.7M

This map shows which countries export or import more of Molybdenum, articles thereof nes. Each country is colored based on the difference in exports and imports of Molybdenum, articles thereof nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Molybdenum, articles thereof nes were Uzbekistan ($47.3M), China ($42.3M), Austria ($34.2M), Hong Kong ($3.49M), and United Kingdom ($3M).

In 2023, the countries that had a largest trade value in imports than in exports of Molybdenum, articles thereof nes were Belgium ($38.7M), Czechia ($13.2M), South Korea ($10.5M), Netherlands ($9.33M), and Chinese Taipei ($8.46M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Molybdenum, articles thereof nes.
It is possible to select the main countries that export or import Molybdenum, articles thereof nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Molybdenum, articles thereof nes 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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