Ferro-molybdenum trade by country: top importers, exporters and prices
World trade in ferro-molybdenum was worth $2.99 billion in 2024, about 105.0 thousand tonnes. That is an increase of 116% since 2017, and down 21% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $2.99B | 105.0K t |
| 2023 | $3.76B | 106.6K t |
| 2022 | $3.20B | 115.8K t |
| 2021 | $2.54B | 112.5K t |
| 2020 | $1.24B | 86.8K t |
| 2019 | $1.91B | 102.9K t |
| 2018 | $2.03B | 106.3K t |
| 2017 | $1.39B | 105.8K t |
Top ferro-molybdenum exporting countries
South Korea is the largest exporter with 26% of world exports, followed by the United Kingdom and the Netherlands. The top three supply 52% between them, out of 59 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| South Korea | $790.9M | 27% |
| United Kingdom | $405.8M | 14% |
| Netherlands | $347.8M | 12% |
| Chile | $285.7M | 9.6% |
| Belgium | $267.8M | 9% |
| Thailand | $244.5M | 8.2% |
| Armenia | $226.8M | 7.6% |
| Austria | $84.4M | 2.8% |
| Brazil | $61.7M | 2.1% |
| Germany | $56.3M | 1.9% |
| China | $33.1M | 1.1% |
| France | $26.1M | 0.9% |
Top importing countries and buyer markets
The largest importers are the Netherlands (15%), Germany (11%) and China (9%). 89 countries imported it, and the top three take 34% of the value.
| Importer | Value | Share |
|---|---|---|
| Netherlands | $438.9M | 15% |
| Germany | $317.5M | 11% |
| China | $265.3M | 8.9% |
| Italy | $248.8M | 8.3% |
| United States | $247.1M | 8.3% |
| Indonesia | $196.5M | 6.6% |
| Sweden | $147.1M | 4.9% |
| Belgium | $122.8M | 4.1% |
| Mexico | $111.0M | 3.7% |
| Taiwan | $109.7M | 3.7% |
| Spain | $77.1M | 2.6% |
| Russia | $73.3M | 2.5% |
Average price per kg
The world average declared value was about $28.46 per kg in 2024. Among the main exporters, the United Kingdom averaged $32.88 per kg and Austria $24.02 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Ferro-molybdenum (HS 7202.70) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7202.70: Ferro-alloys: ferro-molybdenum. HS 7202 codes.
Common questions
Which countries export the most ferro-molybdenum?
South Korea exported $790.9 million in 2024, 26% of the world total, followed by the United Kingdom (14%) and the Netherlands (12%). In all, 59 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most ferro-molybdenum?
The Netherlands imported $438.9 million in 2024, 15% of world imports, ahead of Germany (11%) and China (9%). The top three importers together take 34%. Each country with its own page is linked from the table.
How big is the world trade in ferro-molybdenum?
It was worth $2.99 billion in 2024, about 105.0 thousand tonnes. That is an increase of 116% since 2017. The peak year was 2023 at $3.76 billion. 59 countries reported exports and 89 reported imports.
What is the average price of ferro-molybdenum per kg?
The world average declared value was about $28.46 per kg in 2024. Among the main exporters, the United Kingdom averaged $32.88 per kg and Austria $24.02 per kg, so grade and origin matter. Read it as a benchmark: it blends all grades, origins and contract terms.
What is the HS code for ferro-molybdenum?
The HS code for ferro-molybdenum is subheading 7202.70, in chapter 72 (iron and steel). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 7202 page.
How can I find ferro-molybdenum buyers and suppliers?
Company names sit below these country totals: EximDataX reads the customs records shipment by shipment, with dates and values. We can show ferro-molybdenum buyers and suppliers on a short call.
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