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Chromium ores and concentrates

2610 (Harmonized System 1992 for 4-digit)

2022
World Trade $3.48BRnk 646 / 1218
2022
Top Exporter | Top Importer $2.51B | $1.8BSouth Africa | China
2022
Product Complexity -2.63Rnk 1028 / 1033
2021 - 2022
Export Growth (CAGR) 32.8%Rnk 81 / 1218
2022
Share of World Trade 0.015%Rnk 646 / 1218

About

Overview This page contains the latest trade data of Chromium Ore. In 2022, Chromium Ore were the world's 646th most traded product, with a total trade of $3.48B. Between 2021 and 2022 the exports of Chromium Ore grew by 32.8%, from $2.62B to $3.48B. Trade in Chromium Ore represent 0.015% of total world trade.

Chromium Ore are a part of Ores, slag and ash. They include Chromium ores and concentrates.

Exports In 2022 the top exporters of Chromium Ore  were South Africa ($2.51B), Turkey ($342M), Kazakhstan ($146M), Albania ($118M), and Pakistan ($101M).

Imports In 2022 the top importers of Chromium Ore were China ($1.8B), Mozambique ($916M), Russia ($163M), Indonesia ($112M), and Hong Kong ($84.6M).

Ranking Chromium Ore ranks 1028th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Chromium Ore. 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)South Africa$2.51B
Top Destination (2022)China$1.8B

In 2022 Chromium Ore were the world's 646th most traded product (out of 1,218).

In 2022, the top exporters of Chromium Ore were South Africa ($2.51B), Turkey ($342M), Kazakhstan ($146M), Albania ($118M), and Pakistan ($101M).

In 2022, the top importers of Chromium Ore were China ($1.8B), Mozambique ($916M), Russia ($163M), Indonesia ($112M), and Hong Kong ($84.6M).

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Exporters of Chromium Ore (2022)
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Importers of Chromium Ore (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)South Africa$691M
Top Destination Growth (2021 -  2022)China$344M

Between 2021 and 2022, the exports of Chromium Ore grew the fastest in South Africa ($691M), Turkey ($73M), Albania ($71.8M), Kazakhstan ($54.8M), and Mozambique ($14.1M).

Between 2021 and 2022, the fastest growing importers of Chromium Ore were China ($344M), Mozambique ($327M), Russia ($56.7M), Hong Kong ($48.5M), and Germany ($21.4M).

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Exporters of Chromium Ore (2021 - 2022)

Importers of Chromium Ore (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Chromium Ore.

In 2022, market concentration measured using Shannon Entropy, was 1.73. This means that most of the exports of Chromium Ore are explained by 3 countries.

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Value of Exports in Chromium Ore

Net Trade

TOP NET EXPORTER (2022)South Africa$2.51B
TOP NET IMPORTER (2022)China$1.79B

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

In 2022, the countries that had a largest trade value in exports than in imports of Chromium Ore were South Africa ($2.51B), Turkey ($292M), Kazakhstan ($145M), Albania ($118M), and Pakistan ($92.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Chromium Ore were China ($1.79B), Mozambique ($900M), Russia ($163M), Indonesia ($112M), and Sweden ($66.3M).

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 Chromium Ore.
It is possible to select the main countries that export or import Chromium Ore in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Chromium Ore by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $9.82M
TOP IMPORT POTENTIALZimbabwe+ $282k

Chromium Ore’s highest export potential is India. With an export gap of $9.82M.  Chromium Ore’s highest import potential is Zimbabwe with an import gap of $282k.

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)

Related Products

This visualization shows products that are likely to be exported by countries that export Chromium Ore.

Country by Relatedness

The following visualization shows the relatedness of Chromium Ore 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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