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Molybdenum; articles thereof, including waste and scrap

8102 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.23BRnk 889 / 1217
2023
Top Exporter | Top Importer $422M | $195MChina | United States
2023
Product Complexity 1.25Rnk 91 / 1044
2022 - 2023
Export Growth (CAGR) 19.3%Rnk 70 / 1217
2023
Share of World Trade 0.0054%Rnk 889 / 1217

About

Overview This page contains the latest trade data of Molybdenum. In 2023, Molybdenum were the world's 889th most traded product, with a total trade of $1.23B. Between 2022 and 2023 the exports of Molybdenum grew by 19.3%, from $1.03B to $1.23B. Trade in Molybdenum represent 0.0054% of total world trade.

Molybdenum are a part of Cermet articles. They include Molybdenum, unwrought, bars/rods simply sintered,scra, Molybdenum, articles thereof nes, Molybdenum profile/sheet/strip etc not simply sintere, Wire, molybdenum, and Molybdenum, powder.

Exports In 2023 the top exporters of Molybdenum  were China ($422M), Austria ($244M), Germany ($105M), Uzbekistan ($72.2M), and United States ($70.2M).

Imports In 2023 the top importers of Molybdenum were United States ($195M), United Kingdom ($146M), Germany ($138M), Japan ($103M), and France ($86.2M).

Ranking Molybdenum ranks 91st in the Product Complexity Index (PCI).

Description Molybdenum is a metal that is used in the production of steel. Molybdenum waste and scrap (excl. ash and residues containing molybdenum) are products that contain molybdenum, but do not contain any other metals or non-metals.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Molybdenum. 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)China$422M
Top Destination (2023)United States$195M

In 2023 Molybdenum were the world's 889th most traded product (out of 1,217).

In 2023, the top exporters of Molybdenum were China ($422M), Austria ($244M), Germany ($105M), Uzbekistan ($72.2M), and United States ($70.2M).

In 2023, the top importers of Molybdenum were United States ($195M), United Kingdom ($146M), Germany ($138M), Japan ($103M), and France ($86.2M).

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Exporters of Molybdenum (2023)
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Importers of Molybdenum (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$139M
Top Destination Growth (2022 -  2023)United States$64.2M

Between 2022 and 2023, the exports of Molybdenum grew the fastest in China ($139M), Uzbekistan ($22.6M), Netherlands ($22M), France ($19.5M), and Germany ($19.1M).

Between 2022 and 2023, the fastest growing importers of Molybdenum were United States ($64.2M), Belgium ($46M), United Kingdom ($33.8M), Japan ($20.1M), and Austria ($19.4M).

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Exporters of Molybdenum (2022 - 2023)

Importers of Molybdenum (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.29. This means that most of the exports of Molybdenum are explained by 9 countries.

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Value of Exports in Molybdenum

Net Trade

TOP NET EXPORTER (2023)China$382M
TOP NET IMPORTER (2023)United States$124M

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

In 2023, the countries that had a largest trade value in exports than in imports of Molybdenum were China ($382M), Austria ($185M), Uzbekistan ($72.2M), Canada ($11.2M), and Estonia ($6.86M).

In 2023, the countries that had a largest trade value in imports than in exports of Molybdenum were United States ($124M), United Kingdom ($80.5M), Japan ($76.4M), France ($61.4M), and Belgium ($48.5M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Molybdenum, disaggragated by their HS6 level were Molybdenum, unwrought, bars/rods simply sintered,scra ($699M), Molybdenum, articles thereof nes ($212M), Molybdenum profile/sheet/strip etc not simply sintere ($178M), Molybdenum, powder ($75.2M), and Wire, molybdenum ($60.4M)

HS6 Disaggregation for Molybdenum (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Molybdenum by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $926k
TOP IMPORT POTENTIALChina+ $691k

Molybdenum’s highest export potential is France. With an export gap of $926k.  Molybdenum’s highest import potential is China with an import gap of $691k.

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 (2023)

Related Products

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

Country by Relatedness

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

Relative Relatedness by Country (2023)

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