Chromium Ore in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $6.04M in Chromium Ore, making it the 16th largest exporter of Chromium Ore in the world. At the same year, Chromium Ore was the 1118th most exported product in China. The main destination of Chromium Ore exports from China are: Russia ($2.85M), South Korea ($1.23M), Vietnam ($651k), Hong Kong ($272k), and India ($229k).

The fastest growing export markets for Chromium Ore of China between 2021 and 2022 were Russia ($2.84M), Vietnam ($631k), and Hong Kong ($272k).

Imports In 2022, China imported $1.8B in Chromium Ore, becoming the 1st largest importer of Chromium Ore in the world. At the same year, Chromium Ore was the 154th most imported product in China. China imports Chromium Ore primarily from: South Africa ($1.2B), Turkey ($252M), Albania ($115M), Pakistan ($83.8M), and Oman ($36.1M).

The fastest growing import markets in Chromium Ore for China between 2021 and 2022 were South Africa ($264M), Albania ($77.4M), and Turkey ($59.1M).

COMPANIES In 2023, leading companies such as BSH HOME APPLIANCES CORPORATION (377) were at the forefront of shipping Chromium Ore from China to the United States.

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February 2024

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Overview In February 2024 China's Chromium Ore exports accounted up to $984k and imports accounted up to $399M, resulting in a negative trade balance of $398M. Between February 2023 and February 2024 the exports of China's Chromium Ore have increased by $672k (215%) from $312k to $984k, while imports increased by $62.7M (18.6%) from $337M to $399M.

Destinations In February 2024, Chromium Ore were exported mostly to Russia ($912k), Japan ($72k), and United States ($100), and were imported mostly from South Africa ($319M), Zimbabwe ($25.1M), Turkey ($19.7M), Oman ($9.38M), and Albania ($8.52M).

Growth In February 2024, the increase in Chromium Ore's year-by-year exports was explained primarily by an increase in exports to . In February 2024, the increase in Chromium Ore's year-by-year imports was explained primarily by an increase in imports from South Africa ($6.24M or 3.54%), Albania ($5.56M or 158%), and Pakistan ($5.46M or 87.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$672k(215%)

IMPORT GROWTH (February 2023 - February 2024)$62.7M(18.6%)

MAIN EXPORTER (February 2024)Jiangsu Province$820k

MAIN DESTINATION (February 2024)Russia$912k

This section shows Chromium Ore's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Chromium Ore over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$6.04M

IMPORTS (2022)$1.8B

NET TRADE (2022)-$1.79B

In 2022, China exported $6.04M in Chromium Ore. The main destinations of China exports on Chromium Ore were Russia ($2.85M), South Korea ($1.23M), Vietnam ($651k), Hong Kong ($272k), and India ($229k).

In 2022, China imported $1.8B in Chromium Ore, mainly from South Africa ($1.2B), Turkey ($252M), Albania ($115M), Pakistan ($83.8M), and Oman ($36.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Exports

Imports

Starting

Ending

THE FASTEST GROWING Chromium Ore EXPORT MARKETS FOR China WERE (2021 - 2022):

Russia$2.84M (20.7k%)

Vietnam$631k (3.16k%)

Hong Kong$272k (1%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chromium Ore BY China WERE (2021 - 2022):

South Korea-$276k (-18.3%)

Malaysia-$217k (-80.8%)

Germany-$163k (-96.1%)

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Change in Exports by Market (2021 - 2022)

Market Concentration

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LinePlot

StackedArea

Flow

Export

Import

Type

Value

Share

In 2022, China's main exporting competitors in Chromium Ore were:

South Africa $2.51B

Turkey $342M

Kazakhstan $146M

In 2022, China's main importing competitors in Chromium Ore were:

Mozambique $916M

Russia $163M

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Subnational Monthly Trade

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Historical Data

Trade Balance

Export Destinations (2022)

Import Origins (2022)

Market Growth

Change in Exports by Market (2021 - 2022)

Market Concentration

Trade Value of Chromium Ore by Exporters

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