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720219 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.72BRnk 1630 / 4648
2022
Top Exporter | Top Importer $483M | $322MNorway | United States
2022
Product Complexity -0.22Rnk 2841 / 4653
2021 - 2022
Export Growth (CAGR) 9.17%Rnk 1703 / 4648
2022
Share of World Trade 0.0072%Rnk 1630 / 4648

About

Overview This page contains the latest trade data of Ferro-manganese, <2% carbon. In 2022, Ferro-manganese, <2% carbon were the world's 1630th most traded product, with a total trade of $1.72B. Between 2021 and 2022 the exports of Ferro-manganese, <2% carbon grew by 9.17%, from $1.57B to $1.72B. Trade in Ferro-manganese, <2% carbon represent 0.0072% of total world trade.

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

Exports In 2022 the top exporters of Ferro-manganese, <2% carbon  were Norway ($483M), South Korea ($362M), India ($226M), South Africa ($191M), and Netherlands ($99.5M).

Imports In 2022 the top importers of Ferro-manganese, <2% carbon were United States ($322M), United Arab Emirates ($167M), Germany ($119M), Brazil ($117M), and Netherlands ($109M).

Ranking Ferro-manganese, <2% carbon ranks 2841st in the Product Complexity Index (PCI).

Description Ferro-manganese is a ferroalloy that is composed of iron and manganese. Ferro-manganese is an efficient steel-making alloy that is used to deoxidize steel. It is also used for the production of various grades of steels and cast irons, and in the production of other alloys that are made of iron and manganese.

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 (2022)Norway$483M
Top Destination (2022)United States$322M

In 2022 Ferro-manganese, <2% carbon were the world's 1630th most traded product (out of 4,648).

In 2022, the top exporters of Ferro-manganese, <2% carbon were Norway ($483M), South Korea ($362M), India ($226M), South Africa ($191M), and Netherlands ($99.5M).

In 2022, the top importers of Ferro-manganese, <2% carbon were United States ($322M), United Arab Emirates ($167M), Germany ($119M), Brazil ($117M), and Netherlands ($109M).

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Exporters of Ferro-manganese, <2% carbon (2022)
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Importers of Ferro-manganese, <2% carbon (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$68.5M
Top Destination Growth (2021 -  2022)United States$103M

Between 2021 and 2022, the exports of Ferro-manganese, <2% carbon grew the fastest in India ($68.5M), South Africa ($65.6M), South Korea ($44.4M), China ($36.9M), and Norway ($19.7M).

Between 2021 and 2022, the fastest growing importers of Ferro-manganese, <2% carbon were United States ($103M), United Arab Emirates ($74M), Brazil ($32.6M), Turkey ($26.5M), and Oman ($12.5M).

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Exporters of Ferro-manganese, <2% carbon (2021 - 2022)

Importers of Ferro-manganese, <2% carbon (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.22. This means that most of the exports of Ferro-manganese, <2% carbon are explained by 9 countries.

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

Net Trade

TOP NET EXPORTER (2022)Norway$483M
TOP NET IMPORTER (2022)United States$307M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Ferro-manganese, <2% carbon were Norway ($483M), South Korea ($349M), South Africa ($190M), India ($165M), and China ($62.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Ferro-manganese, <2% carbon were United States ($307M), United Arab Emirates ($165M), Brazil ($112M), Turkey ($106M), and Canada ($82.6M).

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 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 (2022)

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