Ferro-vanadium imports in the United States: data, top suppliers and prices
Imports of ferro-vanadium by the United States reached $87.7 million in 2024 (4.1 thousand tonnes). That makes it the largest importer of this product worldwide, out of 84 countries. That is 23% less than in 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2018, at $266.8 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $87.7M | 4.1K t |
| 2023 | $114.5M | 3.5K t |
| 2022 | $219.5M | 5.7K t |
| 2021 | $105.0M | 3.7K t |
| 2020 | $55.9M | 2.4K t |
| 2019 | $208.2M | 6.1K t |
| 2018 | $266.8M | 6.4K t |
| 2017 | $104.6M | 4.6K t |
Where the United States imports ferro-vanadium from
The largest suppliers were Canada (38%), Czech Republic (36%), Austria (17%). Among the main suppliers, Czech Republic grew fastest (+111% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Canada | $33.1M | 38% |
| Czech Republic | $31.7M | 36% |
| Austria | $14.5M | 17% |
| Japan | $2.4M | 2.7% |
| Netherlands | $2.1M | 2.4% |
| Latvia | $1.4M | 1.6% |
| South Africa | $886K | 1% |
| India | $797K | 0.9% |
| Lithuania | $213K | 0.2% |
| Italy | $203K | 0.2% |
Average import price per kg
The average declared value was about $21.47 per kg, close to the world average of $19.65.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Ferro-vanadium exports from the United States
The United States exported $3.1 million of ferro-vanadium in 2024 (104 tonnes). Canada alone took 68% of it. Among the main buyer markets, Canada grew fastest (+77% on the year before).
| Destination | Value | Share |
|---|---|---|
| Canada | $2.1M | 68% |
| Mexico | $480K | 15% |
| Taiwan | $241K | 7.8% |
| India | $234K | 7.5% |
| Colombia | $38K | 1.2% |
| Argentina | $6K | 0.2% |
| Spain | $0K | 0% |
| Peru | $0K | 0% |
| El Salvador | $0K | 0% |
| South Korea | $0K | 0% |
Who is behind these numbers in the United States?
The shipment records behind United States ferro-vanadium imports (HS 7202.92): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
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 7202.92: Ferro-alloys: ferro-vanadium.
Common questions
What is the value of ferro-vanadium imported by the United States?
The United States imported ferro-vanadium worth $87.7 million in 2024, the latest year with complete public data, about 4.1 thousand tonnes. That ranks it 1st of 84 countries worldwide, with 13% of world imports. The value was down 23% on 2023.
Which countries supply ferro-vanadium to the United States?
Canada was the largest supplier with 38% of the value ($33.1 million), followed by the Czech Republic (36%) and Austria (17%). The top three together account for 90%, out of 13 supplier countries in total. The Czech Republic grew fastest among the top ten, up 111% on the year.
What is the average import price of ferro-vanadium per kg?
The average declared import value was about $21.47 per kg in 2024, 9% above the world average of $19.65 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of ferro-vanadium to the United States changed since 2017?
Imports went from $104.6 million in 2017 to $87.7 million in 2024, a fall of 16%. The peak was 2018 at $266.8 million. Over 8 years the average was $145.3 million a year.
Does the United States also export ferro-vanadium?
Yes. The United States exported $3.1 million worth of this product in 2024, mainly to Canada, Mexico and Taiwan. On balance the United States is a net importer of this product, by about $84.6 million a year.
What is the HS code for ferro-vanadium?
The HS code for ferro-vanadium is subheading 7202.92. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7202 page.
How can I find the companies behind this trade?
EximDataX has a direct customs feed for the United States, so the importers and exporters behind these totals are visible by name, shipment by shipment. Ask for a live look at your product.
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