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Metals; n.e.s., cermets and articles thereof

81 (Harmonized System 1992 for 2-digit)

2023
World Trade $25.2BRnk 73 / 96
2023
Top Exporter | Top Importer $5.49B | $4.11BChina | China
2023
Product Complexity -0.38Rnk 58 / 96
2022 - 2023
Export Growth (CAGR) -21%Rnk 92 / 96
2023
Share of World Trade 0.11%Rnk 73 / 96

About

Overview This page contains the latest trade data of Cermet articles. In 2023, Cermet articles were the world's 73rd most traded product, with a total trade of $25.2B. Between 2022 and 2023 the exports of Cermet articles decreased by -21%, from $31.8B to $25.2B. Trade in Cermet articles represent 0.11% of total world trade.

Cermet articles are a part of Metals. They include Titanium, Cobalt, Magnesium, Other Metals, Tungsten, Manganese, Tantalum, Molybdenum, Cermets, and Zirconium, among others.

Exports In 2023 the top exporters of Cermet articles  were China ($5.49B), United States ($3.51B), Democratic Republic of the Congo ($2.4B), Germany ($1.7B), and Japan ($1.43B).

Imports In 2023 the top importers of Cermet articles were China ($4.11B), United States ($3.69B), Germany ($2.45B), France ($1.54B), and Japan ($1.33B).

Ranking Cermet articles ranks 58th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Cermet articles. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$5.49B
Top Destination (2023)China$4.11B

In 2023 Cermet articles were the world's 73rd most traded product (out of 96).

In 2023, the top exporters of Cermet articles were China ($5.49B), United States ($3.51B), Democratic Republic of the Congo ($2.4B), Germany ($1.7B), and Japan ($1.43B).

In 2023, the top importers of Cermet articles were China ($4.11B), United States ($3.69B), Germany ($2.45B), France ($1.54B), and Japan ($1.33B).

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Exporters of Cermet articles (2023)
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Importers of Cermet articles (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$405M
Top Destination Growth (2022 -  2023)France$185M

Between 2022 and 2023, the exports of Cermet articles grew the fastest in United States ($405M), Singapore ($138M), Hong Kong ($131M), France ($125M), and United Kingdom ($110M).

Between 2022 and 2023, the fastest growing importers of Cermet articles were France ($185M), United Kingdom ($168M), Mexico ($138M), Hong Kong ($37.4M), and Ireland ($20.3M).

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Exporters of Cermet articles (2022 - 2023)

Importers of Cermet articles (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cermet articles.

In 2023, market concentration measured using Shannon Entropy, was 4.34. This means that most of the exports of Cermet articles are explained by 20 countries.

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Value of Exports in Cermet articles

Net Trade

TOP NET EXPORTER (2023)Democratic Republic of the Congo$2.4B
TOP NET IMPORTER (2023)Germany$750M

This map shows which countries export or import more of Cermet articles. Each country is colored based on the difference in exports and imports of Cermet articles during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cermet articles were Democratic Republic of the Congo ($2.4B), China ($1.38B), Russia ($681M), Austria ($232M), and Kazakhstan ($227M).

In 2023, the countries that had a largest trade value in imports than in exports of Cermet articles were Germany ($750M), South Korea ($706M), France ($637M), India ($579M), and Chinese Taipei ($433M).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Cermet articles, disaggragated by their HS6 level were Titanium ($7.51B), Cobalt ($5.27B), Magnesium ($2.68B), Other Metals ($2.49B), and Manganese ($1.51B)

HS6 Disaggregation for Cermet articles (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Cermet articles by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALSouth Korea+ $11.6M
TOP IMPORT POTENTIALUnited Kingdom+ $16.9k

Cermet articles’s highest export potential is South Korea. With an export gap of $11.6M.  Cermet articles’s highest import potential is United Kingdom with an import gap of $16.9k.

See methodology.

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Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

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