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261000 (Harmonized System 1992 for 6-digit)

2023
World Trade $7.57BRnk 498 / 4644
2023
Top Exporter | Top Importer $6.29B | $4.9BSouth Africa | China
2023
Product Complexity -2.67Rnk 4631 / 4656
2022 - 2023
Export Growth (CAGR) 65.5%Rnk 49 / 4644
2023
Share of World Trade 0.033%Rnk 498 / 4644

About

Overview This page contains the latest trade data of Chromium ores and concentrates. In 2023, Chromium ores and concentrates were the world's 498th most traded product, with a total trade of $7.57B. Between 2022 and 2023 the exports of Chromium ores and concentrates grew by 65.5%, from $4.57B to $7.57B. Trade in Chromium ores and concentrates represent 0.033% of total world trade.

Chromium ores and concentrates are a part of Chromium Ore.

Exports In 2023 the top exporters of Chromium ores and concentrates  were South Africa ($6.29B), Turkey ($422M), Zimbabwe ($217M), Pakistan ($122M), and Albania ($118M).

Imports In 2023 the top importers of Chromium ores and concentrates were China ($4.9B), Mozambique ($1.69B), Indonesia ($227M), Hong Kong ($145M), and Russia ($138M).

Ranking Chromium ores and concentrates ranks 4631st in the Product Complexity Index (PCI).

Description Chromium ores and concentrates are used in a variety of industries. The most common example is in stainless steel production. The chromium in the metal helps prevent corrosion. It is also used in the manufacturing of paints, plastics, and chemicals.

Latest Trends

Latest Data

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Flow
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The following visualization shows the latest trends on Chromium ores and concentrates. 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)South Africa$6.29B
Top Destination (2023)China$4.9B

In 2023 Chromium ores and concentrates were the world's 498th most traded product (out of 4,644).

In 2023, the top exporters of Chromium ores and concentrates were South Africa ($6.29B), Turkey ($422M), Zimbabwe ($217M), Pakistan ($122M), and Albania ($118M).

In 2023, the top importers of Chromium ores and concentrates were China ($4.9B), Mozambique ($1.69B), Indonesia ($227M), Hong Kong ($145M), and Russia ($138M).

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Exporters of Chromium ores and concentrates (2023)
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Importers of Chromium ores and concentrates (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Africa$2.8B
Top Destination Growth (2022 -  2023)China$1.45B

Between 2022 and 2023, the exports of Chromium ores and concentrates grew the fastest in South Africa ($2.8B), Zimbabwe ($66.3M), Turkey ($62.2M), Pakistan ($25.6M), and Papua New Guinea ($20.3M).

Between 2022 and 2023, the fastest growing importers of Chromium ores and concentrates were China ($1.45B), Mozambique ($1.32B), Indonesia ($116M), Hong Kong ($102M), and Singapore ($37.9M).

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Exporters of Chromium ores and concentrates (2022 - 2023)

Importers of Chromium ores and concentrates (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Chromium ores and concentrates.

In 2023, market concentration measured using Shannon Entropy, was 1.21. This means that most of the exports of Chromium ores and concentrates are explained by 2 countries.

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Value of Exports in Chromium ores and concentrates

Net Trade

TOP NET EXPORTER (2023)South Africa$6.29B
TOP NET IMPORTER (2023)China$4.89B

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

In 2023, the countries that had a largest trade value in exports than in imports of Chromium ores and concentrates were South Africa ($6.29B), Turkey ($392M), Zimbabwe ($217M), Albania ($118M), and Pakistan ($117M).

In 2023, the countries that had a largest trade value in imports than in exports of Chromium ores and concentrates were China ($4.89B), Mozambique ($1.68B), Russia ($137M), Sweden ($56.2M), and Singapore ($38.4M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Chromium ores and concentrates by percentage of total exports

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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