Overview: This page contains the latest trade data of Ferro-vanadium. In 2018, Ferro-vanadium were the world's 1217th most traded product, with a total trade of $2.26B. Between 2017 and 2018 the exports of Ferro-vanadium grew by 166%, from $850M to $2.26B. Trade in Ferro-vanadium represent 0.012% of total world trade.
Exports: In 2018 the top exporters of Ferro-vanadium were Austria ($463M), China ($430M), Czechia ($315M), South Africa ($212M), and South Korea ($180M).
Imports: In 2018 the top importers of Ferro-vanadium were Netherlands ($307M), Germany ($270M), United States ($261M), Japan ($227M), and South Korea ($108M).
Tariffs: In 2018 the average tariff for Ferro-vanadium was 2.53%, making it the 5964th lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Ferro-vanadium are Bahamas (40.2%), Bermuda (25%), Panama (15%), Aruba (12%), and Poland (10.6%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Ferro-vanadium ranks 969th in the Product Complexity Index (PCI).
Description: It is used in steel production, as a catalyst in the manufacturing of titanium dioxide in the production of iron, and is also used in the production of ammonium chloride.