Subheading · Section XV

7202.92: Ferro-alloys, other, ferro-vanadium

7202.92

Official description Ferro-vanadium

  • FreeUK
  • 2.7%EU
  • 5%Türkiye
  • 4.2%USA
  • US$670.5mWorld trade in 2024

Subheading 7202.92 belongs to heading 7202 (ferro-alloys) in chapter 72.

The UK Global Tariff has one tariff line for subheading 7202.92; the duty is duty-free.

Subheading 7202.92 is a single line in the EU Combined Nomenclature, where the duty is 2.7%.

The Turkish Customs Tariff Schedule has one tariff line for subheading 7202.92; the statutory rate is 5%.

Subheading 7202.92 is a single line in the Harmonized Tariff Schedule of the United States, where the duty is 4.2%.

In 2024, countries exported these goods worth US$670.5m (−19.5% year on year).

The largest exporter was Austria (US$134.6m), followed by China.

The biggest buyer was the United States, with imports of US$87.5m.

The United Kingdom ranked 28th among 55 exporters with US$683.4k.

The United Kingdom imported US$4m, most of it from China.

Duty rates compared

UK Free Third-country duty 1 tariff line EU 2.7% Third-country duty 1 tariff line Türkiye 5% Statutory rate (Law 474) 1 tariff line USA 4.2% General (MFN) 1 tariff line

The Turkish schedule prints the statutory rate set under Customs Law 474. The rate applied at import is laid down in the Import Regime Decision and can be lower, or different by country of origin.

UK Global Tariff

UK lines →
  1. 7202 92 00 00 Ferro-vanadium Free

EU Combined Nomenclature

EU lines →
  1. 7202 92 00 Ferro-vanadium 2.7%—

Turkish Customs Tariff Schedule

Türkiye lines →

This line has no official text in this language; it is shown in the language of its tariff.

  1. 7202.92.00.00.00 Ferro -vanadyum 5%

Harmonized Tariff Schedule of the United States

USA lines →
  1. 7202.92.00.00 Ferrovanadium 4.2%kg, V kg

Special: reduced rates under trade agreements and preference programmes; the letters in brackets name the programmes (for example AU = Australia FTA, KR = Korea FTA).

World trade in 2024

7202.92 · US$670.5m

Trade value (US$) no reported trade < US$709.7kUS$709.7k+US$5.4m+US$38m+> US$125m

Exports: 55
  1. Austria: US$134.6m
  2. China: US$125m
  3. Czechia: US$105.2m
  4. South Korea: US$69m
  5. South Africa: US$65.1m
  6. Netherlands: US$38m
  7. Canada: US$33.3m
  8. Russia: US$12.3m
  9. Japan: US$9.5m
  10. Latvia: US$9.4m
  11. Germany: US$8.3m
  12. Malaysia: US$7.2m
  13. France: US$6.5m
  14. Poland: US$5.4m
  15. Belgium: US$5.3m
  16. Slovenia: US$5.3m
  17. Taiwan: US$4.9m
  18. Ireland: US$4.6m
  19. United States: US$3.2m
  20. Spain: US$2.6m
  21. India: US$2.4m
  22. Türkiye: US$1.9m
  23. Slovakia: US$1.8m
  24. Sweden: US$1.6m
  25. Brazil: US$1.3m
  26. Italy: US$1.2m
  27. Australia: US$709.7k
  28. United Kingdom: US$683.4k
  29. Mexico: US$656.7k
  30. Saudi Arabia: US$617k
  31. Bulgaria: US$512.2k
  32. Lithuania: US$499.9k
  33. United Arab Emirates: US$460.7k
  34. Eswatini: US$432k
  35. Luxembourg: US$373.9k
  36. Croatia: US$272k
  37. Denmark: US$129.8k
  38. Colombia: US$72.7k
  39. Romania: US$67.6k
  40. Chile: US$41.3k
  41. Switzerland: US$36k
  42. St Barthélemy: US$22.9k
  43. Peru: US$7.4k
  44. Estonia: US$7.1k
  45. Finland: US$7k
  46. Serbia: US$2.1k
  47. Vietnam: US$1.8k
  48. Cambodia: US$1k
  49. Norway: US$500
  50. Portugal: US$400
  51. Hong Kong SAR China: US$300
  52. Indonesia: US$300
  53. Thailand: US$100
  54. Cyprus: US$0
  55. Hungary: US$0

Top exporters

RankCountryValueShare
1 Austria US$134.6m 20.1%
2 China US$125m 18.6%
3 Czechia US$105.2m 15.7%
4 South Korea US$69m 10.3%
5 South Africa US$65.1m 9.7%
6 Netherlands US$38m 5.7%
7 Canada US$33.3m 5%
8 Russia US$12.3m 1.8%
9 Japan US$9.5m 1.4%
10 Latvia US$9.4m 1.4%

Top importers

RankCountryValueShare
1 United States US$87.5m 13.1%
2 Netherlands US$75.1m 11.2%
3 Germany US$66.3m 9.9%
4 Japan US$48.5m 7.2%
5 South Korea US$47.2m 7%
6 Taiwan US$45.1m 6.7%
7 Italy US$35.3m 5.3%
8 India US$25.9m 3.9%
9 Türkiye US$23.5m 3.5%
10 Poland US$18.5m 2.8%

Questions and answers

What is the HS code for ferro-alloys, other, ferro-vanadium?

Ferro-alloys, other, ferro-vanadium fall under HS subheading 7202.92, part of heading 7202, in section XV of the Harmonized System.

What is the import duty on ferro-alloys, other, ferro-vanadium in the UK?

Under the UK Global Tariff, imports under 7202.92 from countries without a preferential agreement are free of duty. Preferential rates, anti-dumping duties and VAT are not included.

What is the import duty on ferro-alloys, other, ferro-vanadium in the EU?

Under the EU Combined Nomenclature, imports under 7202.92 from countries without a preferential agreement are charged at 2.7%. Preferential rates, anti-dumping duties and VAT are not included.

Which country exports the most ferro-alloys, other, ferro-vanadium?

Austria, with US$134.6m in 2024 (20.1% of world exports).