Overview: In 2018, Ferroalloys were the world's 109th most traded product, with a total trade of $34.2B. Between 2017 and 2018 the exports of Ferroalloys grew by 16.5%, from $29.4B to $34.2B. Trade in Ferroalloys represent 0.19% of total world trade.
Exports: In 2018 the top exporters of Ferroalloys were South Africa ($3.97B), Brazil ($3.16B), Kazakhstan ($2.26B), India ($2.2B), and China ($2.07B).
Imports: In 2018 the top importers of Ferroalloys were China ($5.4B), United States ($3.23B), Netherlands ($3.01B), Japan ($2.99B), and Germany ($2.07B).
Tariffs: In 2018 the average tariff for Ferroalloys was 3.61%, been the 1066 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Ferroalloys are Bahamas (40.2%), Bermuda (25%), Iran (19.5%), Panama (15%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Ferroalloys ranks 832nd in the Product Complexity Index (PCI).