Product classification
HS code for Ferrovanadium: 7202.92
Ferro-alloys, ferro-vanadium.
Classification of ferrovanadium under HS 7202.92
Ferrovanadium is classified under HS code 7202.92 according to the Harmonized Commodity Description and Coding System. This classification is situated within Chapter 72, which encompasses iron and steel, and specifically under Heading 7202, which covers ferro-alloys. According to the Legal Notes to Chapter 72, ferro-alloys are alloys in primary forms, such as pigs, blocks, or lumps, that are not usefully malleable and are commonly used as additives in the manufacture of other steels. Ferrovanadium is a critical ferro-alloy composed of iron and vanadium, typically with a vanadium content ranging from 35% to 80%. It is primarily utilized in the steel industry to increase the strength, hardness, and high-temperature resistance of steel alloys. The classification under 7202.92 is specific to the vanadium content being the primary alloying element after iron. This code is essential for customs authorities to monitor the trade of strategic metals used in aerospace, automotive, and construction industries. The material must be in a primary form and intended for metallurgical use to qualify under this heading.
- Covers
- Ferrovanadium in lumps or pigs
- Crushed ferrovanadium for ladle additions
- Ferrovanadium powder used in metallurgy
- Standard grade ferrovanadium (80% V)
- Nitrogen-bearing ferrovanadium alloys
- Also under 7202.92
- Bushveld Minerals' ferro-vanadium
- Largo Resources' ferro-vanadium
- EVRAZ's ferro-vanadium
- Glencore's ferro-vanadium
Codes often confused with 7202.92
Common mistake. Ferrovanadium is often confused with pure vanadium or vanadium oxides. Pure vanadium in unwrought form is classified under 8112.92, while vanadium oxides and hydroxides fall under 2825.30. Additionally, if the alloy contains more than 10% by weight of copper, it might be misclassified under Chapter 74, though ferro-alloys are generally excluded from that chapter if they meet the iron-content criteria of Chapter 72.
Top exporters and importers of HS 720292 (the code used for ferrovanadium), 2025
In 2025, the largest exporter of HS 720292 (the code used for ferrovanadium) in UN Comtrade data was China, with 25% of world exports; the largest importer in UN Comtrade data was the United States, with 14% of world imports. Countries that did not report 2025 data are estimated from partner records, which can understate them.
Figures cover everything classified under HS 720292, not only ferrovanadium.
Top exporters 2025 · share of world exports
- 1 China $101M 25% of world exports
- 2 Czechia $58M 15% of world exports
- 3 South Korea $56M 14% of world exports
World total: $397M Reported figures on UN Comtrade ↗
Top importers 2025 · share of world imports
- 1 United States $79M 14% of world imports
- 2 Germany $55M 10% of world imports
- 3 Netherlands $48M 8.8% of world imports
World total: $548M Reported figures on UN Comtrade ↗
How these figures are built
109 countries reported 2025 trade to UN Comtrade in HS 2022, and their own totals are used. Countries that did not report are estimated from what other countries recorded trading with them. Those estimates miss trade with other non-reporting countries, so they can be low, and a non-reporting country can rank higher than shown or be missing from the list. World totals add both and leave out trade between two non-reporting countries. Figures are in current US dollars; reported imports are mostly valued CIF and exports FOB, and exports include re-exports. The UN Comtrade links show the underlying records; they can also list a few reporters left out here (regional groups and older HS editions).
Source: UN Comtrade (United Nations Statistics Division), 2025 annual data.
Brazil NCM code for ferrovanadium
Brazil classifies ferrovanadium under NCM 7202.92.00: HS 7202.92 with 00 added.
Source: Siscomex NCM table, updated Oct 2026. The Portuguese text on each NCM page is the official one.
EU Regulatory Requirements
This product falls under the Carbon Border Adjustment Mechanism (CBAM). Importers to the EU must declare embedded carbon emissions and purchase CBAM certificates.
Questions about ferrovanadium
What is the HS code for Ferrovanadium?
The HS code for Ferrovanadium is 720292 (Ferro-alloys; ferro-vanadium). The specific HS code for ferrovanadium is 7202.92, which falls under the ferro-alloys heading.
How do I classify Ferrovanadium for customs?
Ferrovanadium is classified under HS code 720292 — Ferro-alloys; ferro-vanadium. This is a 6-digit subheading level code.
Is ferrovanadium classified the same as vanadium metal?
No, vanadium metal is classified under 8112.92, whereas ferrovanadium is an iron-based alloy classified under 7202.92.
Which countries are the top exporters of ferrovanadium (HS 720292)?
In 2025, the top exporters of HS 720292 (the code used for ferrovanadium) in UN Comtrade data were China ($101M, 25% of world exports), Czechia ($58M) and South Korea ($56M). World exports came to about $397M, adding countries' reported figures and partner-based estimates for those that did not report (UN Comtrade data). Countries that did not report 2025 data are estimated from partner records, which can understate them.
Which countries are the top importers of ferrovanadium (HS 720292)?
In 2025, the top importers of HS 720292 (the code used for ferrovanadium) in UN Comtrade data were the United States ($79M, 14% of world imports), Germany ($55M) and the Netherlands ($48M). World imports came to about $548M, adding countries' reported figures and partner-based estimates for those that did not report (UN Comtrade data). Countries that did not report 2025 data are estimated from partner records, which can understate them.
Is the HS code for Ferrovanadium the same in all countries?
The base HS code 720292 for Ferrovanadium is internationally standardized for the first 6 digits across 200+ countries. Individual countries may add additional digits for national tariff lines and specific classifications.
What is the NCM code for ferrovanadium in Brazil?
In Brazil, ferrovanadium (HS 720292) is classified under NCM 7202.92.00.