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Cermets; articles thereof, including waste and scrap

8113 (Harmonized System 1992 for 4-digit)

2022
World Trade $1.22BRnk 900 / 1218
2022
Top Exporter | Top Importer $385M | $340MGermany | Germany
2022
Product Complexity 1.51Rnk 41 / 1033
2021 - 2022
Export Growth (CAGR) 5.48%Rnk 597 / 1218
2022
Share of World Trade 0.0052%Rnk 900 / 1218

About

Overview This page contains the latest trade data of Cermets. In 2022, Cermets were the world's 900th most traded product, with a total trade of $1.22B. Between 2021 and 2022 the exports of Cermets grew by 5.48%, from $1.16B to $1.22B. Trade in Cermets represent 0.0052% of total world trade.

Cermets are a part of Cermet articles. They include Cermets and articles thereof, waste or scrap.

Exports In 2022 the top exporters of Cermets  were Germany ($385M), Austria ($207M), China ($203M), United States ($80.2M), and Switzerland ($50.4M).

Imports In 2022 the top importers of Cermets were Germany ($340M), United States ($115M), China ($110M), South Korea ($66.1M), and Italy ($65.7M).

Ranking Cermets ranks 41st in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cermets. 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 (2022)Germany$385M
Top Destination (2022)Germany$340M

In 2022 Cermets were the world's 900th most traded product (out of 1,218).

In 2022, the top exporters of Cermets were Germany ($385M), Austria ($207M), China ($203M), United States ($80.2M), and Switzerland ($50.4M).

In 2022, the top importers of Cermets were Germany ($340M), United States ($115M), China ($110M), South Korea ($66.1M), and Italy ($65.7M).

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Exporters of Cermets (2022)
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Importers of Cermets (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$63.9M
Top Destination Growth (2021 -  2022)Germany$32.6M

Between 2021 and 2022, the exports of Cermets grew the fastest in China ($63.9M), United States ($17M), Japan ($9.03M), Ireland ($8.54M), and Romania ($4.74M).

Between 2021 and 2022, the fastest growing importers of Cermets were Germany ($32.6M), United States ($29.6M), Luxembourg ($13.2M), South Korea ($12.8M), and United Kingdom ($6.5M).

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Exporters of Cermets (2021 - 2022)

Importers of Cermets (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cermets.

In 2022, market concentration measured using Shannon Entropy, was 3.4. This means that most of the exports of Cermets are explained by 10 countries.

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Value of Exports in Cermets

Net Trade

TOP NET EXPORTER (2022)Austria$151M
TOP NET IMPORTER (2022)Italy$54.4M

This map shows which countries export or import more of Cermets. Each country is colored based on the difference in exports and imports of Cermets during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Cermets were Austria ($151M), China ($92.9M), Germany ($44.8M), Japan ($24.4M), and Switzerland ($23.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Cermets were Italy ($54.4M), United States ($35.2M), South Korea ($33.2M), France ($25M), and Turkey ($18.9M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Cermets by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALItaly+ $1.93M
TOP IMPORT POTENTIALChina+ $733k

Cermets’s highest export potential is Italy. With an export gap of $1.93M.  Cermets’s highest import potential is China with an import gap of $733k.

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 (2022)

Country by Relatedness

The following visualization shows the relatedness of Cermets to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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