HS Icon Molybdenum

8102 (Harmonized System 1992 for 4-digit)

World Trade (2018): $795M, Rnk 956 / 1225

Top Exporter (2018): $199M, China

Top Importer (2018): $101M, Germany

Product Complexity (2018): 1.18, Rnk 112 / 1018

Export Growth (CAGR)(2017 - 2018): 24.2%, Rnk 246 / 1225

Mean Tariff (2018): 3.02%, Rnk 1135 / 1259

Share of World Trade (2018): 0.0043%, Rnk 956 / 1225

Overview:  This page contains the latest trade data of Molybdenum. In 2018, Molybdenum were the world's 956th most traded product, with a total trade of $795M. Between 2017 and 2018 the exports of Molybdenum grew by 24.2%, from  $640M to $795M. Trade in Molybdenum represent 0.0043% of total world trade.

Exports: In 2018 the top exporters of Molybdenum  were China ($199M), Austria ($182M), Germany ($68.9M), United States ($58.7M), and Japan ($57.8M).

Imports: In 2018 the top importers of Molybdenum were Germany ($101M), United States ($99.3M), Japan ($74.9M), South Korea ($69.6M), and Chinese Taipei ($57.8M).

Tariffs: In 2018 the average tariff for Molybdenum was 3.02%, been the 1135 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Molybdenum are Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Nepal (14.8%), and Panama (14.2%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Molybdenum ranks 112th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $199M

Top Destination (2018): Germany, $101M

Molybdenum are the world's 956th most traded product.

In 2018, the top exporters of Molybdenum were China ($199M), Austria ($182M), Germany ($68.9M), United States ($58.7M), and Japan ($57.8M).

In 2018, the top importers of Molybdenum were Germany ($101M), United States ($99.3M), Japan ($74.9M), South Korea ($69.6M), and Chinese Taipei ($57.8M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Austria, $44.5M

Top Destination Growth (2017 - 2018): Germany, $28M

Between 2017 and 2018, the exports of Molybdenum grew the fastest in Austria ($44.5M), China ($42.8M), Uzbekistan ($23.4M), United Kingdom ($16.4M), and Estonia ($14.2M).

Between 2017 and 2018, the fastest growing importers of Molybdenum were Germany ($28M), United States ($24.3M), Estonia ($21.8M), Chinese Taipei ($19.3M), and France ($17.3M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Molybdenum.

In 2018,  market concentration measured using Shannon Entropy, was 3.49. This means that most of the exports of Molybdenum are explained by 11 countries.

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TOP NET EXPORTER (2018): Austria, $162M

TOP NET IMPORTER (2018): France, $44.4M

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 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Molybdenum were Austria ($162M), China ($142M), Uzbekistan ($29.8M), Canada ($4.62M), and Belarus ($94.2k).

In 2018, the countries that had a largest trade value in imports than in exports of Molybdenum were France ($44.4M), United States ($40.6M), South Korea ($37.3M), Chinese Taipei ($34.8M), and Germany ($32M).

Trade Forecasts

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This section shows forecasts for total trade for Molybdenum. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Molybdenum was 3.02%.  The countries with the highest tariffs for importing Molybdenum were Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Nepal (14.8%), and Panama (14.2%).

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Product Complexity

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Diversification Frontier

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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.