Vanadium: Movement

A small ferrovanadium trade led by China

What this tab covers How it flows between countries: the largest bilateral trade routes drawn on a world map, 2024 UN Comtrade export and import values with the top exporters and importers by share, plus shipping routes, chokepoints and trade restrictions.

Ferrovanadium (HS 7202.92) is a small trade, about $0.5-0.6 billion (Comtrade). In 2023, China supplied 27.8% of export value and South Africa 24.3%, followed by South Korea and Canada. In 2024 the top importers were the United States with 14.1%, Germany 11.4% and Japan 7.9%. Much vanadium also moves as pentoxide, which the US buys mainly from Brazil and South Africa. Tariffs now shape this trade. In August 2025 the US raised duties on many Brazilian goods to 50%, including high-purity vanadium but not ferrovanadium.

Where it is exported from and imported to, 2023

Chart: World map of the largest trade flows

Exporter (size = share of world exports) Importer (share of world imports) Shipping chokepoint UN Comtrade 2023. Bubbles: shares of reported world exports and imports for the main traded form. Country-to-country route lines are not available for this commodity yet. Hover a circle for values.

Ferrovanadium · HS 720292

World exports 2023 $493.4 m sum of 37 reporting countries World imports 2024 $595.9 m sum of 40 reporting countries Top exporters, share of value China 27.8% South Africa 24.3% South Korea 10.7% Canada 9.1% Netherlands 6.5% Czechia 5.3% Top importers, share of value United States 14.1% Germany 11.4% Japan 7.9% Netherlands 7.6% Taiwan (Other Asia, nes) 7.5% South Korea 7.4% UN Comtrade, reporter declarations to the world, US$. Exports and imports are reported separately, so totals differ. Re-exporting hubs (Netherlands, Singapore, Switzerland, UAE) can appear large.