HS Icon Chromium Ore

2610 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Chromium Ore. In 2019, Chromium Ore were the world's 653rd most traded product, with a total trade of $2.7B. Between 2018 and 2019 the exports of Chromium Ore decreased by -10.6%, from $3.02B to $2.7B. Trade in Chromium Ore represent 0.015% of total world trade.

Exports In 2019 the top exporters of Chromium Ore  were South Africa ($1.92B), Turkey ($228M), Kazakhstan ($107M), Pakistan ($72.1M), and Albania ($58.6M).

Imports In 2019 the top importers of Chromium Ore were China ($1.48B), Mozambique ($574M), Russia ($146M), Indonesia ($54.3M), and Sweden ($54.3M).

Tariffs In 2018 the average tariff for Chromium Ore was 3.79%, making it the 1038th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Chromium Ore are Bahamas (40.2%), Iran (30%), Bermuda (25%), Cuba (14.9%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking Chromium Ore ranks 961st in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): South Africa, $1.92B

Top Destination (2019): China, $1.48B

Chromium Ore are the world's 653rd most traded product.

In 2019, the top exporters of Chromium Ore were South Africa ($1.92B), Turkey ($228M), Kazakhstan ($107M), Pakistan ($72.1M), and Albania ($58.6M).

In 2019, the top importers of Chromium Ore were China ($1.48B), Mozambique ($574M), Russia ($146M), Indonesia ($54.3M), and Sweden ($54.3M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): South Africa, $26.3M

Top Destination Growth (2018 - 2019): United Arab Emirates, $38.8M

Between 2018 and 2019, the exports of Chromium Ore grew the fastest in South Africa ($26.3M), Oman ($10.3M), Albania ($8.64M), India ($5.74M), and Malaysia ($3.37M).

Between 2018 and 2019, the fastest growing importers of Chromium Ore were United Arab Emirates ($38.8M), Hong Kong ($16.3M), Fiji ($6.36M), Spain ($4.93M), and Kazakhstan ($1.53M).

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Market Concentration

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Cumulative market share

Value

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

In 2019,  market concentration measured using Shannon Entropy, was 1.9. This means that most of the exports of Chromium Ore are explained by 3 countries.

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TOP NET EXPORTER (2019): South Africa, $1.91B

TOP NET IMPORTER (2019): China, $1.48B

This map shows which countries export or import more of Chromium Ore. Each country is colored based on the difference in exports and imports of Chromium Ore during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Chromium Ore were South Africa ($1.91B), Turkey ($200M), Kazakhstan ($106M), Pakistan ($72M), and Albania ($58.5M).

In 2019, the countries that had a largest trade value in imports than in exports of Chromium Ore were China ($1.48B), Mozambique ($573M), Russia ($141M), Sweden ($53.3M), and United Arab Emirates ($34.2M).

Disaggregation

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Value

In 2019, the world most traded Chromium Ore, disaggragated by their HS6 level were Chromium ores and concentrates ($2.7B)

Import Tariffs

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In 2018, the average tariff for importing Chromium Ore was 3.79%. The countries with the highest tariffs for importing Chromium Ore were Bahamas (40.2%), Iran (30%), Bermuda (25%), Cuba (14.9%), and Aruba (12%).

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Chromium Ore to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.