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2022
Exports $30.4MWorld Rnk 18 / 93
Flag Rnk 751 / 1214
2022
Destination $4.59M Italy
2021 - 2022
FASTEST GROWING MARKET $4.59MItaly
2022
PRODUCT COMPLEXITY IN Niobium, Tantalum, Vanadium and Zirconium Ore-2.46Rnk 1018 / 1025
2022
Imports $206MWorld Rnk 2 / 116
Flag Rnk 350 / 1214
2022
Origin $12.9M South Africa
2021 - 2022
FASTEST GROWING ORIGIN $12.9MSouth Africa
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $30.4M in Niobium, Tantalum, Vanadium and Zirconium Ore, making it the 18th largest exporter of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 751st most exported product in Spain. The main destination of Niobium, Tantalum, Vanadium and Zirconium Ore exports from Spain are: Italy ($7.17M), Portugal ($4.86M), Russia ($3.47M), China ($2.52M), and Egypt ($2.2M).

The fastest growing export markets for Niobium, Tantalum, Vanadium and Zirconium Ore of Spain between 2021 and 2022 were Italy ($4.59M), Russia ($2.88M), and China ($1.66M).

Imports In 2022, Spain imported $206M in Niobium, Tantalum, Vanadium and Zirconium Ore, becoming the 2nd largest importer of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 350th most imported product in Spain. Spain imports Niobium, Tantalum, Vanadium and Zirconium Ore primarily from: South Africa ($62.4M), Australia ($49M), Senegal ($40.6M), Kenya ($17.2M), and Indonesia ($10.7M).

The fastest growing import markets in Niobium, Tantalum, Vanadium and Zirconium Ore for Spain between 2021 and 2022 were South Africa ($12.9M), Australia ($11.7M), and Indonesia ($10.7M).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Niobium, Tantalum, Vanadium and Zirconium Ore exports accounted up to €693k and imports accounted up to €18.1M, resulting in a negative trade balance of €17.4M. Between June 2023 and June 2024 the exports of Spain's   Niobium, Tantalum, Vanadium and Zirconium Ore have decreased by €-994k (-58.9%) from €1.69M to €693k, while imports increased by €2.92M (19.2%) from €15.2M to €18.1M.

Destinations In June 2024, Niobium, Tantalum, Vanadium and Zirconium Ore were exported mostly to Portugal (€266k), Italy (€227k), Ecuador (€49.3k), Chile (€47k), and Brazil (€46.1k), and were imported mostly from Australia (€7.3M), South Africa (€5.13M), Kenya (€3.25M), Ukraine (€1.15M), and Senegal (€1.12M).

Growth In June 2024, the decrease in Niobium, Tantalum, Vanadium and Zirconium Ore's year-by-year exports was explained primarily by a decrease in exports to Portugal (€-68.1k or -22.8%) and United Kingdom (€-9.89k or -51.9%). In June 2024, the increase in Niobium, Tantalum, Vanadium and Zirconium Ore's year-by-year imports was explained primarily by an increase in imports from South Africa (€16.2M or 1.83k%), Senegal (€3.28M or 246%), and France (€487k or 3.67k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-994k(-58.9%)
IMPORT GROWTH (June 2023 - June 2024)€2.92M(19.2%)
MAIN EXPORTER (June 2024)Valencia€507k
MAIN DESTINATION (June 2024)Portugal€266k

This section shows Niobium, Tantalum, Vanadium and Zirconium Ore's exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Niobium, Tantalum, Vanadium and Zirconium Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$30.4M
IMPORTS (2022)$206M
NET TRADE (2022)-$176M

In 2022, Spain exported $30.4M in Niobium, Tantalum, Vanadium and Zirconium Ore. The main destinations of Spain exports on Niobium, Tantalum, Vanadium and Zirconium Ore were Italy ($7.17M), Portugal ($4.86M), Russia ($3.47M), China ($2.52M), and Egypt ($2.2M).

In 2022, Spain imported $206M in Niobium, Tantalum, Vanadium and Zirconium Ore, mainly from South Africa ($62.4M), Australia ($49M), Senegal ($40.6M), Kenya ($17.2M), and Indonesia ($10.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Niobium, Tantalum, Vanadium and Zirconium Ore EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Italy$4.59M (178%)
Russia$2.88M (494%)
China$1.66M (193%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Niobium, Tantalum, Vanadium and Zirconium Ore BY Spain WERE (2021 - 2022):
Iran-$2.15M (-81.8%)
Turkey-$686k (-77.5%)
Algeria-$621k (-47.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Niobium, Tantalum, Vanadium and Zirconium Ore were:
South Africa $642M
Australia $259M
Indonesia $214M
In 2022, Spain's main importing competitors in Niobium, Tantalum, Vanadium and Zirconium Ore were:
China $873M
India $171M

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Trade Value of Niobium, Tantalum, Vanadium and Zirconium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.2M
TOP IMPORT POTENTIALIndonesia+ $2.63M

Niobium, Tantalum, Vanadium and Zirconium Ore’s highest export potential is China. With an export gap of $2.2M.   Niobium, Tantalum, Vanadium and Zirconium Ore’s highest import potential is Indonesia with an import gap of $2.63M.

See methodology.

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