HS Icon Manganese

8111 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.35B, Rnk 839 / 1225

Top Exporter (2018): $1B, China

Top Importer (2018): $209M, South Korea

Product Complexity (2018): -0.49, Rnk 694 / 1018

Export Growth (CAGR)(2017 - 2018): 18%, Rnk 388 / 1225

Mean Tariff (2018): 3.01%, Rnk 1137 / 1259

Share of World Trade (2018): 0.0073%, Rnk 839 / 1225

Overview:  This page contains the latest trade data of Manganese. In 2018, Manganese were the world's 839th most traded product, with a total trade of $1.35B. Between 2017 and 2018 the exports of Manganese grew by 18%, from  $1.14B to $1.35B. Trade in Manganese represent 0.0073% of total world trade.

Exports: In 2018 the top exporters of Manganese  were China ($1B), Netherlands ($79.2M), South Africa ($70.6M), Germany ($46.2M), and Belgium-Luxembourg ($28.9M).

Imports: In 2018 the top importers of Manganese were South Korea ($209M), Japan ($188M), Netherlands ($136M), Russia ($131M), and India ($120M).

Tariffs: In 2018 the average tariff for Manganese was 3.01%, been the 1137 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Manganese are Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Mauritania (20%), and Ethiopia (19.8%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Manganese ranks 694th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $1B

Top Destination (2018): South Korea, $209M

Manganese are the world's 839th most traded product.

In 2018, the top exporters of Manganese were China ($1B), Netherlands ($79.2M), South Africa ($70.6M), Germany ($46.2M), and Belgium-Luxembourg ($28.9M).

In 2018, the top importers of Manganese were South Korea ($209M), Japan ($188M), Netherlands ($136M), Russia ($131M), and India ($120M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): China, $160M

Top Destination Growth (2017 - 2018): Netherlands, $50M

Between 2017 and 2018, the exports of Manganese grew the fastest in China ($160M), Netherlands ($16.2M), Gabon ($7.05M), South Africa ($5.65M), and Australia ($2.73M).

Between 2017 and 2018, the fastest growing importers of Manganese were Netherlands ($50M), Brazil ($42.5M), Indonesia ($31.3M), France ($23.2M), and South Korea ($19.5M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

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

In 2018,  market concentration measured using Shannon Entropy, was 1.75. This means that most of the exports of Manganese are explained by 3 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $996M

TOP NET IMPORTER (2018): South Korea, $207M

This map shows which countries export or import more of Manganese. Each country is colored based on the difference in exports and imports of Manganese during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Manganese were China ($996M), South Africa ($68.8M), Gabon ($22.6M), Belgium-Luxembourg ($10.9M), and Ukraine ($10.1M).

In 2018, the countries that had a largest trade value in imports than in exports of Manganese were South Korea ($207M), Japan ($183M), Russia ($131M), India ($116M), and United States ($59.2M).

Trade Forecasts

#permalink to section

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

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Manganese was 3.01%.  The countries with the highest tariffs for importing Manganese were Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Mauritania (20%), and Ethiopia (19.8%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.