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720211 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.24BRnk 1872 / 4644
2023
Top Exporter | Top Importer $437M | $226MIndia | United States
2023
Product Complexity -0.26Rnk 2922 / 4656
2022 - 2023
Export Growth (CAGR) -44%Rnk 4486 / 4644
2023
Share of World Trade 0.0055%Rnk 1872 / 4644

About

Overview This page contains the latest trade data of Ferro-manganese, >2% carbon. In 2023, Ferro-manganese, >2% carbon were the world's 1872nd most traded product, with a total trade of $1.24B. Between 2022 and 2023 the exports of Ferro-manganese, >2% carbon decreased by -44%, from $2.21B to $1.24B. Trade in Ferro-manganese, >2% carbon represent 0.0055% of total world trade.

Ferro-manganese, >2% carbon are a part of Ferroalloys.

Exports In 2023 the top exporters of Ferro-manganese, >2% carbon  were India ($437M), Malaysia ($284M), Norway ($94.8M), Australia ($90.6M), and Netherlands ($63.7M).

Imports In 2023 the top importers of Ferro-manganese, >2% carbon were United States ($226M), Germany ($110M), Italy ($90M), Japan ($71.2M), and Chinese Taipei ($66.3M).

Ranking Ferro-manganese, >2% carbon ranks 2922nd in the Product Complexity Index (PCI).

Description Ferro-manganese is often used as a raw material to make other metals such as steel. It has a very low melting point of about 1200 degrees Celsius.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Ferro-manganese, >2% carbon. 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)India$437M
Top Destination (2023)United States$226M

In 2023 Ferro-manganese, >2% carbon were the world's 1872nd most traded product (out of 4,644).

In 2023, the top exporters of Ferro-manganese, >2% carbon were India ($437M), Malaysia ($284M), Norway ($94.8M), Australia ($90.6M), and Netherlands ($63.7M).

In 2023, the top importers of Ferro-manganese, >2% carbon were United States ($226M), Germany ($110M), Italy ($90M), Japan ($71.2M), and Chinese Taipei ($66.3M).

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Exporters of Ferro-manganese, >2% carbon (2023)
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Importers of Ferro-manganese, >2% carbon (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Poland$5.07M
Top Destination Growth (2022 -  2023)Slovakia$16.7M

Between 2022 and 2023, the exports of Ferro-manganese, >2% carbon grew the fastest in Poland ($5.07M), Japan ($3.51M), Romania ($1.5M), Brazil ($1.04M), and Estonia ($674k).

Between 2022 and 2023, the fastest growing importers of Ferro-manganese, >2% carbon were Slovakia ($16.7M), Mauritius ($3.98M), Poland ($3.52M), Egypt ($2.13M), and Croatia ($1.54M).

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Exporters of Ferro-manganese, >2% carbon (2022 - 2023)

Importers of Ferro-manganese, >2% carbon (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ferro-manganese, >2% carbon.

In 2023, market concentration measured using Shannon Entropy, was 3.15. This means that most of the exports of Ferro-manganese, >2% carbon are explained by 8 countries.

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Value of Exports in Ferro-manganese, >2% carbon

Net Trade

TOP NET EXPORTER (2023)India$427M
TOP NET IMPORTER (2023)United States$224M

This map shows which countries export or import more of Ferro-manganese, >2% carbon. Each country is colored based on the difference in exports and imports of Ferro-manganese, >2% carbon during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Ferro-manganese, >2% carbon were India ($427M), Malaysia ($282M), Norway ($91.4M), Australia ($88.4M), and South Africa ($35.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Ferro-manganese, >2% carbon were United States ($224M), Germany ($96.6M), Chinese Taipei ($66.2M), Italy ($65.9M), and Japan ($65.3M).

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 Ferro-manganese, >2% carbon.
It is possible to select the main countries that export or import Ferro-manganese, >2% carbon in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ferro-manganese, >2% carbon 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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