HS Icon Chromium ores and concentrates

261000 (Harmonized System 1992 for 6-digit)

World Trade (2018): $3.02B, Rnk 999 / 4726

Top Exporter (2018): $1.9B, South Africa

Top Importer (2018): $1.63B, China

Product Complexity (2018): -2.81, Rnk 2711 / 2722

Export Growth (CAGR)(2017 - 2018): -7.26%, Rnk 4223 / 4726

Mean Tariff (2018): 3.79%, Rnk 5177 / 6538

Share of World Trade (2018): 0.016%, Rnk 999 / 4726

Overview:  This page contains the latest trade data of Chromium ores and concentrates. In 2018, Chromium ores and concentrates were the world's 999th most traded product, with a total trade of $3.02B. Between 2017 and 2018 the exports of Chromium ores and concentrates decreased by -7.26%, from  $3.26B to $3.02B. Trade in Chromium ores and concentrates represent 0.016% of total world trade.

Exports: In 2018 the top exporters of Chromium ores and concentrates  were South Africa ($1.9B), Turkey ($320M), Zimbabwe ($229M), Kazakhstan ($157M), and Pakistan ($70.8M).

Imports: In 2018 the top importers of Chromium ores and concentrates were China ($1.63B), Mozambique ($614M), Russia ($191M), Netherlands ($72.9M), and Sweden ($55.2M).

Tariffs: In 2018 the average tariff for Chromium ores and concentrates was 3.79%, been the 5177 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Chromium ores and concentrates 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 ores and concentrates ranks 2711th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): South Africa, $1.9B

Top Destination (2018): China, $1.63B

Chromium ores and concentrates are the world's 999th most traded product.

In 2018, the top exporters of Chromium ores and concentrates were South Africa ($1.9B), Turkey ($320M), Zimbabwe ($229M), Kazakhstan ($157M), and Pakistan ($70.8M).

In 2018, the top importers of Chromium ores and concentrates were China ($1.63B), Mozambique ($614M), Russia ($191M), Netherlands ($72.9M), and Sweden ($55.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Zimbabwe, $107M

Top Destination Growth (2017 - 2018): Mozambique, $391M

Between 2017 and 2018, the exports of Chromium ores and concentrates grew the fastest in Zimbabwe ($107M), Netherlands ($26.2M), Papua New Guinea ($13.6M), Germany ($12.9M), and United States ($6.34M).

Between 2017 and 2018, the fastest growing importers of Chromium ores and concentrates were Mozambique ($391M), Netherlands ($24.3M), Russia ($21M), Austria ($9.91M), and Indonesia ($9.12M).

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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 Chromium ores and concentrates.

In 2018,  market concentration measured using Shannon Entropy, was 2.2. This means that most of the exports of Chromium ores and concentrates are explained by 4 countries.

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TOP NET EXPORTER (2018): South Africa, $1.88B

TOP NET IMPORTER (2018): China, $1.62B

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

In 2018, the countries that had a largest trade value in exports than in imports of Chromium ores and concentrates were South Africa ($1.88B), Turkey ($278M), Zimbabwe ($229M), Kazakhstan ($156M), and Pakistan ($70.6M).

In 2018, the countries that had a largest trade value in imports than in exports of Chromium ores and concentrates were China ($1.62B), Mozambique ($610M), Russia ($190M), Sweden ($55.1M), and Netherlands ($32.7M).

Import Tariffs

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

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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.