Molybdenum Ore2613 (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%, making it the 1239th 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).
Description: Molybdenum ores and concentrates are used in the production of steel alloys, high-temperature alloys, and other specialty alloys.
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).
Trade by country
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).
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.
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).
In 2018, the world most traded Molybdenum Ore, disaggragated by their HS6 level were Molybdenum concentrates, roasted ($2.87B) and Molybdenum ores and concentrates except roasted ($1.96B)
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.
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