HS Icon Molybdenum

8102 (Harmonized System 1992 for 4-digit)

World Trade (2019): $794M, Rnk 957 / 1217

Top Exporter (2019): $177M, China

Top Importer (2019): $103M, United States

Export Growth (CAGR)(2018 - 2019): -0.16%, Rnk 406 / 1217

Mean Tariff (2018): 3.02%, Rnk 1135 / 1259

Share of World Trade (2019): 0.0044%, Rnk 957 / 1217

Overview:  This page contains the latest trade data of Molybdenum. In 2019, Molybdenum were the world's 957th most traded product, with a total trade of $794M. Between 2018 and 2019 the exports of Molybdenum decreased by -0.16%, from  $795M to $794M. Trade in Molybdenum represent 0.0044% of total world trade.

Exports: In 2019 the top exporters of Molybdenum  were China ($177M), Austria ($149M), Germany ($78.4M), United States ($59.3M), and United Kingdom ($55.7M).

Imports: In 2019 the top importers of Molybdenum were United States ($103M), Japan ($73.8M), France ($67.3M), South Korea ($66.7M), and Germany ($66.5M).

Tariffs: In 2018 the average tariff for Molybdenum was 3.02%, making it the 1135th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Molybdenum are Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Nepal (14.8%), and Panama (14.2%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Description: Molybdenum is a metal that is used in the production of steel. Molybdenum waste and scrap (excl. ash and residues containing molybdenum) are products that contain molybdenum, but do not contain any other metals or non-metals.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $177M

Top Destination (2019): United States, $103M

Molybdenum are the world's 957th most traded product.

In 2019, the top exporters of Molybdenum were China ($177M), Austria ($149M), Germany ($78.4M), United States ($59.3M), and United Kingdom ($55.7M).

In 2019, the top importers of Molybdenum were United States ($103M), Japan ($73.8M), France ($67.3M), South Korea ($66.7M), and Germany ($66.5M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Russia, $16.2M

Top Destination Growth (2018 - 2019): France, $19.6M

Between 2018 and 2019, the exports of Molybdenum grew the fastest in Russia ($16.2M), United Kingdom ($14.9M), Germany ($9.62M), Brazil ($7.98M), and Belgium ($5.63M).

Between 2018 and 2019, the fastest growing importers of Molybdenum were France ($19.6M), Netherlands ($7.94M), South Africa ($6.9M), Belgium ($6.53M), and Russia ($6.15M).

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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 Molybdenum.

In 2019,  market concentration measured using Shannon Entropy, was 3.76. This means that most of the exports of Molybdenum are explained by 13 countries.

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TOP NET EXPORTER (2019): China, $126M

TOP NET IMPORTER (2019): France, $63.8M

This map shows which countries export or import more of Molybdenum. Each country is colored based on the difference in exports and imports of Molybdenum during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Molybdenum were China ($126M), Austria ($124M), Uzbekistan ($28M), Germany ($11.9M), and Russia ($9.46M).

In 2019, the countries that had a largest trade value in imports than in exports of Molybdenum were France ($63.8M), United States ($43.9M), South Korea ($41M), Chinese Taipei ($30.9M), and India ($24.4M).

Disaggregation

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Value

In 2019, the world most traded Molybdenum, disaggragated by their HS6 level were Molybdenum, unwrought, bars/rods simply sintered,scra ($383M), Molybdenum profile/sheet/strip etc not simply sintere ($147M), Molybdenum, articles thereof nes ($135M), Molybdenum, powder ($64.5M), and Wire, molybdenum ($64M)

Import Tariffs

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In 2018, the average tariff for importing Molybdenum was 3.02%.  The countries with the highest tariffs for importing Molybdenum were Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Nepal (14.8%), and Panama (14.2%).

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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.