HS Icon Molybdenum Ore

2613 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Molybdenum Ore. In 2019, Molybdenum Ore were the world's 504th most traded product, with a total trade of $4.88B. Between 2018 and 2019 the exports of Molybdenum Ore grew by 1.49%, from $4.81B to $4.88B. Trade in Molybdenum Ore represent 0.027% of total world trade.

Molybdenum Ore are a part of Ores, slag and ash. They include Molybdenum concentrates, roasted and Molybdenum ores and concentrates except roasted.

Exports In 2019 the top exporters of Molybdenum Ore  were Chile ($1.38B), United States ($1.08B), Peru ($645M), Netherlands ($636M), and Mexico ($412M).

Imports In 2019 the top importers of Molybdenum Ore were Netherlands ($939M), South Korea ($656M), Japan ($559M), United States ($522M), and Belgium ($399M).

Tariffs In 2018 the average tariff for Molybdenum Ore was 2.02%, making it the 1242nd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Molybdenum Ore are Bahamas (40.2%), Bhutan (29.4%), Bermuda (25%), and Cayman Islands (22%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking Molybdenum Ore ranks 754th 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.

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The following visualization shows the latest trends on Molybdenum Ore. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using October 2021 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Chile, $1.38B

Top Destination (2019): Netherlands, $939M

Molybdenum Ore are the world's 504th most traded product.

In 2019, the top exporters of Molybdenum Ore were Chile ($1.38B), United States ($1.08B), Peru ($645M), Netherlands ($636M), and Mexico ($412M).

In 2019, the top importers of Molybdenum Ore were Netherlands ($939M), South Korea ($656M), Japan ($559M), United States ($522M), and Belgium ($399M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): United States, $202M

Top Destination Growth (2018 - 2019): Netherlands, $150M

Between 2018 and 2019, the exports of Molybdenum Ore grew the fastest in United States ($202M), Mexico ($37.9M), Peru ($30.9M), Netherlands ($19.1M), and Thailand ($16.4M).

Between 2018 and 2019, the fastest growing importers of Molybdenum Ore were Netherlands ($150M), South Korea ($54.6M), Mexico ($17.8M), Russia ($16.6M), and Brazil ($16.2M).

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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 Molybdenum Ore.

In 2019,  market concentration measured using Shannon Entropy, was 3.05. This means that most of the exports of Molybdenum Ore are explained by 8 countries.

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TOP NET EXPORTER (2019): Chile, $1.11B

TOP NET IMPORTER (2019): South Korea, $634M

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Molybdenum Ore were Chile ($1.11B), Peru ($644M), United States ($561M), Mexico ($364M), and Canada ($94.1M).

In 2019, the countries that had a largest trade value in imports than in exports of Molybdenum Ore were South Korea ($634M), Japan ($557M), Netherlands ($303M), Belgium ($264M), and United Kingdom ($191M).

Disaggregation

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Value

In 2019, the world most traded Molybdenum Ore, disaggragated by their HS6 level were Molybdenum concentrates, roasted ($2.92B) and Molybdenum ores and concentrates except roasted ($1.96B)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Molybdenum Ore.
It is possible to select the main countries that export or import Molybdenum Ore in the world, or by continent, as well as select the measure of interest.

Import Tariffs

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In 2018, the average tariff for importing Molybdenum Ore was 2.02%. The countries with the highest tariffs for importing Molybdenum Ore were Bahamas (40.2%), Bhutan (29.4%), Bermuda (25%), and Cayman Islands (22%).

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 Molybdenum Ore to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.