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2023
Exports $8.35MWorld Rnk 17 / 74
Flag Rnk 1104 / 1215
2023
Destination $2.65M Russia
2022 - 2023
FASTEST GROWING MARKET $2.65MRussia
2023
PRODUCT COMPLEXITY IN Chromium Ore-2.49Rnk 1018 / 1025
2023
Imports $4.9BWorld Rnk 1 / 107
Flag Rnk 69 / 1214
2023
Origin $1.3B South Africa
2022 - 2023
FASTEST GROWING ORIGIN $1.3BSouth Africa
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $8.35M in Chromium Ore, making it the 17th largest exporter of Chromium Ore in the world. At the same year, Chromium Ore was the 1104th most exported product in China. The main destination of Chromium Ore exports from China are: Russia ($5.5M), Chinese Taipei ($889k), India ($439k), Spain ($412k), and South Korea ($312k).

The fastest growing export markets for Chromium Ore of China between 2022 and 2023 were Russia ($2.65M), Chinese Taipei ($775k), and Spain ($412k).

Imports In 2023, China imported $4.9B in Chromium Ore, becoming the 1st largest importer of Chromium Ore in the world. At the same year, Chromium Ore was the 69th most imported product in China. China imports Chromium Ore primarily from: South Africa ($4.01B), Turkey ($314M), Zimbabwe ($157M), Pakistan ($105M), and Albania ($98.8M).

The fastest growing import markets in Chromium Ore for China between 2022 and 2023 were South Africa ($1.3B), Turkey ($47.5M), and Pakistan ($25.8M).

COMPANIES In 2024, leading companies such as BSH Home Appliances (32) and At Home Procurement (1) were at the forefront of shipping Chromium Ore from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Chromium Ore exports accounted up to $35.3M and imports accounted up to $552M, resulting in a negative trade balance of $517M. Between December 2023 and December 2024 the exports of China's   Chromium Ore have increased by $34.5M (4.25k%) from $812k to $35.3M, while imports decreased by $-9.44M (-1.68%) from $562M to $552M.

Destinations In December 2024, Chromium Ore were exported mostly to Indonesia ($33.1M), Russia ($1.7M), South Korea ($296k), India ($71.3k), and Japan ($58k), and were imported mostly from South Africa ($441M), Zimbabwe ($54.4M), Turkey ($30.6M), Albania ($12M), and Oman ($3.75M).

Growth In December 2024, the increase in Chromium Ore's year-by-year exports was explained primarily by an increase in exports to Russia ($1.02M or 152%) and South Korea ($21.2k or 27.6%). In December 2024, the decrease in Chromium Ore's year-by-year imports was explained primarily by a decrease in imports from Albania ($-6.32M or -69.5%), Iran ($-6.02M or -98.1%), and Papua New Guinea ($-1.33M or -29.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$34.5M(4.25k%)
IMPORT GROWTH (December 2023 - December 2024)$-9.44M(-1.68%)
MAIN EXPORTER (December 2024)Tianjin$33.1M
MAIN DESTINATION (December 2024)Indonesia$33.1M

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
EXPORTS (2023)$8.35M
IMPORTS (2023)$4.9B
NET TRADE (2023)-$4.89B

In 2023, China exported $8.35M in Chromium Ore. The main destinations of China exports on Chromium Ore were Russia ($5.5M), Chinese Taipei ($889k), India ($439k), Spain ($412k), and South Korea ($312k).

In 2023, China imported $4.9B in Chromium Ore, mainly from South Africa ($4.01B), Turkey ($314M), Zimbabwe ($157M), Pakistan ($105M), and Albania ($98.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chromium Ore EXPORT MARKETS FOR China WERE (2022 - 2023):
Russia$2.65M (92.9%)
Chinese Taipei$775k (679%)
Spain$412k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chromium Ore BY China WERE (2022 - 2023):
Hong Kong-$304k (-100%)
Vietnam-$107k (-67.2%)
Singapore-$91.7k (-58.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Chromium Ore were:
South Africa $6.29B
Turkey $422M
Zimbabwe $217M
In 2023, China's main importing competitors in Chromium Ore were:
Mozambique $1.69B
Indonesia $227M

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Trade Value of Chromium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $817k
TOP IMPORT POTENTIALPakistan+ $35.7M

Chromium Ore’s highest export potential is Russia. With an export gap of $817k.   Chromium Ore’s highest import potential is Pakistan with an import gap of $35.7M.

See methodology.

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