Overview: This page contains the latest trade data of Ferroalloys. In 2019, Ferroalloys were the world's 119th most traded product, with a total trade of $30.9B. Between 2018 and 2019 the exports of Ferroalloys decreased by -10.5%, from $34.5B to $30.9B. Trade in Ferroalloys represent 0.17% of total world trade.
Exports: In 2019 the top exporters of Ferroalloys were Brazil ($3.41B), South Africa ($3.38B), Indonesia ($2.6B), Kazakhstan ($1.92B), and India ($1.81B).
Imports: In 2019 the top importers of Ferroalloys were China ($7.66B), Japan ($2.44B), United States ($2.44B), Netherlands ($2.38B), and South Korea ($1.54B).
Tariffs: In 2018 the average tariff for Ferroalloys was 3.61%, making it the 1066th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Ferroalloys are Bahamas (40.2%), Bermuda (25%), Iran (19.5%), Panama (15%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Ferroalloys ranks 775th in the Product Complexity Index (PCI).
Description: Ferro-alloys are used in the production of other goods. They can be made from a variety of materials, including iron, nickel, and cobalt.