HS Icon Molybdenum Ore

2613 (Harmonized System 1992 for 4-digit)

World Trade (2018): $4.83B, Rnk 514 / 1225

Top Exporter (2018): $1.52B, Chile

Top Importer (2018): $858M, Netherlands

Product Complexity (2018): -1.24, Rnk 882 / 1018

Export Growth (CAGR)(2017 - 2018): 51.7%, Rnk 63 / 1225

Mean Tariff (2018): 1.97%, Rnk 1239 / 1259

Share of World Trade (2018): 0.026%, Rnk 514 / 1225

Overview:  This page contains the latest trade data of Molybdenum Ore. In 2018, Molybdenum Ore were the world's 514th most traded product, with a total trade of $4.83B. Between 2017 and 2018 the exports of Molybdenum Ore grew by 51.7%, from  $3.18B to $4.83B. Trade in Molybdenum Ore represent 0.026% of total world trade.

Exports: In 2018 the top exporters of Molybdenum Ore  were Chile ($1.52B), United States ($880M), Netherlands ($615M), Peru ($613M), and Mexico ($424M).

Imports: In 2018 the top importers of Molybdenum Ore were Netherlands ($858M), South Korea ($615M), Japan ($578M), United States ($533M), and Belgium-Luxembourg ($403M).

Tariffs: In 2018 the average tariff for Molybdenum Ore was 1.97%, been the 1239 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Molybdenum Ore are Bahamas (40.2%), Bermuda (25%), Aruba (12%), Nepal (9.89%), and Cameroon (9.81%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Molybdenum Ore ranks 882nd in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): Chile, $1.52B

Top Destination (2018): Netherlands, $858M

Molybdenum Ore are the world's 514th most traded product.

In 2018, the top exporters of Molybdenum Ore were Chile ($1.52B), United States ($880M), Netherlands ($615M), Peru ($613M), and Mexico ($424M).

In 2018, the top importers of Molybdenum Ore were Netherlands ($858M), South Korea ($615M), Japan ($578M), United States ($533M), and Belgium-Luxembourg ($403M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Chile, $563M

Top Destination Growth (2017 - 2018): Netherlands, $400M

Between 2017 and 2018, the exports of Molybdenum Ore grew the fastest in Chile ($563M), Peru ($240M), Netherlands ($224M), United States ($201M), and Mexico ($171M).

Between 2017 and 2018, the fastest growing importers of Molybdenum Ore were Netherlands ($400M), South Korea ($263M), Japan ($179M), United States ($139M), and Chile ($129M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

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

In 2018,  market concentration measured using Shannon Entropy, was 3.09. This means that most of the exports of Molybdenum Ore are explained by 8 countries.

Explore Visualizations

TOP NET EXPORTER (2018): Chile, $1.24B

TOP NET IMPORTER (2018): South Korea, $582M

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

In 2018, the countries that had a largest trade value in exports than in imports of Molybdenum Ore were Chile ($1.24B), Peru ($611M), Mexico ($393M), United States ($347M), and Canada ($93.3M).

In 2018, the countries that had a largest trade value in imports than in exports of Molybdenum Ore were South Korea ($582M), Japan ($575M), Belgium-Luxembourg ($280M), Netherlands ($244M), and United Kingdom ($213M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Molybdenum Ore. 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 Molybdenum Ore was 1.97%.  The countries with the highest tariffs for importing Molybdenum Ore were Bahamas (40.2%), Bermuda (25%), Aruba (12%), Nepal (9.89%), and Cameroon (9.81%).

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.