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Pricing

720280 (Harmonized System 1992 for 6-digit)

2022
World Trade $173MRnk 3818 / 4648
2022
Top Exporter | Top Importer $83.9M | $56.8MChina | Netherlands
2022
Product Complexity 0.27Rnk 2059 / 4653
2021 - 2022
Export Growth (CAGR) 8.25%Rnk 1807 / 4648
2022
Share of World Trade 0.00073%Rnk 3818 / 4648

About

Overview This page contains the latest trade data of Ferro-tungsten and ferro-silico-tungsten. In 2022, Ferro-tungsten and ferro-silico-tungsten were the world's 3818th most traded product, with a total trade of $173M. Between 2021 and 2022 the exports of Ferro-tungsten and ferro-silico-tungsten grew by 8.25%, from $160M to $173M. Trade in Ferro-tungsten and ferro-silico-tungsten represent 0.00073% of total world trade.

Ferro-tungsten and ferro-silico-tungsten are a part of Ferroalloys.

Exports In 2022 the top exporters of Ferro-tungsten and ferro-silico-tungsten  were China ($83.9M), Netherlands ($26.5M), Russia ($16.7M), Estonia ($11.9M), and Vietnam ($10.3M).

Imports In 2022 the top importers of Ferro-tungsten and ferro-silico-tungsten were Netherlands ($56.8M), Germany ($23.1M), Japan ($21.1M), Austria ($11.8M), and Estonia ($7.65M).

Ranking Ferro-tungsten and ferro-silico-tungsten ranks 2059th in the Product Complexity Index (PCI).

Description Ferro-tungsten and ferro-silico-tungsten are used in electrical and electronic devices because of their properties of high melting point, corrosion resistance, and high melting point. Ferro-tungsten and ferro-silico-tungsten are also used in medical and dental equipment, and in arc and welded rods.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Ferro-tungsten and ferro-silico-tungsten. 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)China$83.9M
Top Destination (2022)Netherlands$56.8M

In 2022 Ferro-tungsten and ferro-silico-tungsten were the world's 3818th most traded product (out of 4,648).

In 2022, the top exporters of Ferro-tungsten and ferro-silico-tungsten were China ($83.9M), Netherlands ($26.5M), Russia ($16.7M), Estonia ($11.9M), and Vietnam ($10.3M).

In 2022, the top importers of Ferro-tungsten and ferro-silico-tungsten were Netherlands ($56.8M), Germany ($23.1M), Japan ($21.1M), Austria ($11.8M), and Estonia ($7.65M).

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Exporters of Ferro-tungsten and ferro-silico-tungsten (2022)
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Importers of Ferro-tungsten and ferro-silico-tungsten (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Netherlands$10.3M
Top Destination Growth (2021 -  2022)Netherlands$9.01M

Between 2021 and 2022, the exports of Ferro-tungsten and ferro-silico-tungsten grew the fastest in Netherlands ($10.3M), Estonia ($10.3M), China ($9.39M), Vietnam ($5.46M), and Malaysia ($2.02M).

Between 2021 and 2022, the fastest growing importers of Ferro-tungsten and ferro-silico-tungsten were Netherlands ($9.01M), Estonia ($6.25M), Germany ($4.87M), Malaysia ($3.22M), and Brazil ($2.84M).

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Exporters of Ferro-tungsten and ferro-silico-tungsten (2021 - 2022)

Importers of Ferro-tungsten and ferro-silico-tungsten (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ferro-tungsten and ferro-silico-tungsten.

In 2022, market concentration measured using Shannon Entropy, was 2.65. This means that most of the exports of Ferro-tungsten and ferro-silico-tungsten are explained by 6 countries.

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Value of Exports in Ferro-tungsten and ferro-silico-tungsten

Net Trade

TOP NET EXPORTER (2022)China$83.8M
TOP NET IMPORTER (2022)Netherlands$30.2M

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

In 2022, the countries that had a largest trade value in exports than in imports of Ferro-tungsten and ferro-silico-tungsten were China ($83.8M), Russia ($16.6M), Vietnam ($10.3M), Estonia ($4.25M), and Belgium ($3.82M).

In 2022, the countries that had a largest trade value in imports than in exports of Ferro-tungsten and ferro-silico-tungsten were Netherlands ($30.2M), Germany ($20.2M), Japan ($17.3M), Austria ($11.8M), and Italy ($6.62M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Ferro-tungsten and ferro-silico-tungsten 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 (2022)

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