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2022
Exports $40.1MWorld Rnk 12 / 93
Flag Rnk 980 / 1216
2022
Destination $5.56M Japan
2021 - 2022
FASTEST GROWING MARKET $5.56MJapan
2022
PRODUCT COMPLEXITY IN Niobium, Tantalum, Vanadium and Zirconium Ore-2.46Rnk 1018 / 1025
2022
Imports $873MWorld Rnk 1 / 116
Flag Rnk 240 / 1212
2022
Origin $133M South Africa
2021 - 2022
FASTEST GROWING ORIGIN $133MSouth Africa
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $40.1M in Niobium, Tantalum, Vanadium and Zirconium Ore, making it the 12th largest exporter of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 980th most exported product in China. The main destination of Niobium, Tantalum, Vanadium and Zirconium Ore exports from China are: Japan ($15.7M), India ($3.2M), Chinese Taipei ($2.94M), South Korea ($2.5M), and Spain ($2.3M).

The fastest growing export markets for Niobium, Tantalum, Vanadium and Zirconium Ore of China between 2021 and 2022 were Japan ($5.56M), India ($2.45M), and Russia ($2.18M).

Imports In 2022, China imported $873M in Niobium, Tantalum, Vanadium and Zirconium Ore, becoming the 1st largest importer of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 240th most imported product in China. China imports Niobium, Tantalum, Vanadium and Zirconium Ore primarily from: South Africa ($303M), Indonesia ($114M), Mozambique ($72.1M), Nigeria ($69.5M), and Kenya ($41.5M).

The fastest growing import markets in Niobium, Tantalum, Vanadium and Zirconium Ore for China between 2021 and 2022 were South Africa ($133M), Indonesia ($43.2M), and Nigeria ($22M).

Latest Trends

October 2024

About

Overview In October 2024 China's Niobium, Tantalum, Vanadium and Zirconium Ore exports accounted up to $943k and imports accounted up to $120M, resulting in a negative trade balance of $119M. Between October 2023 and October 2024 the exports of China's   Niobium, Tantalum, Vanadium and Zirconium Ore have increased by $325k (52.6%) from $618k to $943k, while imports increased by $23.6M (24.4%) from $96.7M to $120M.

Destinations In October 2024, Niobium, Tantalum, Vanadium and Zirconium Ore were exported mostly to South Korea ($517k), Chile ($234k), Vietnam ($180k), Indonesia ($4.11k), and Germany ($2.69k), and were imported mostly from Australia ($47.4M), South Africa ($17.3M), Nigeria ($10.7M), Rwanda ($7.48M), and Senegal ($6.65M).

Growth In October 2024, the increase in Niobium, Tantalum, Vanadium and Zirconium Ore's year-by-year exports was explained primarily by an increase in exports to India ($663k or 282%), South Korea ($115k or 170%), and Yemen ($21.1k or 4.14k%). In October 2024, the increase in Niobium, Tantalum, Vanadium and Zirconium Ore's year-by-year imports was explained primarily by an increase in imports from Rwanda ($3.09M or 184%), Madagascar ($2.35M or 161%), and Kenya ($237k or 5.45%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$325k(52.6%)
IMPORT GROWTH (October 2023 - October 2024)$23.6M(24.4%)
MAIN EXPORTER (October 2024)Shandong Province$8.25M
MAIN DESTINATION (October 2024)South Korea$517k

This section shows Niobium, Tantalum, Vanadium and Zirconium Ore's exports and imports data at subnational level for China. 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)$40.1M
IMPORTS (2022)$873M
NET TRADE (2022)-$833M

In 2022, China exported $40.1M in Niobium, Tantalum, Vanadium and Zirconium Ore. The main destinations of China exports on Niobium, Tantalum, Vanadium and Zirconium Ore were Japan ($15.7M), India ($3.2M), Chinese Taipei ($2.94M), South Korea ($2.5M), and Spain ($2.3M).

In 2022, China imported $873M in Niobium, Tantalum, Vanadium and Zirconium Ore, mainly from South Africa ($303M), Indonesia ($114M), Mozambique ($72.1M), Nigeria ($69.5M), and Kenya ($41.5M).

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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 China WERE (2021 - 2022):
Japan$5.56M (54.8%)
India$2.45M (326%)
Russia$2.18M (15.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Niobium, Tantalum, Vanadium and Zirconium Ore BY China WERE (2021 - 2022):
Australia-$1.29M (-100%)
Belgium-$1.12M (-78%)
Spain-$855k (-27.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Niobium, Tantalum, Vanadium and Zirconium Ore were:
South Africa $642M
Australia $259M
Indonesia $214M
In 2022, China's main importing competitors in Niobium, Tantalum, Vanadium and Zirconium Ore were:
Spain $206M
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 POTENTIALIndia+ $2.85M
TOP IMPORT POTENTIALAustralia+ $17.8M

Niobium, Tantalum, Vanadium and Zirconium Ore’s highest export potential is India. With an export gap of $2.85M.   Niobium, Tantalum, Vanadium and Zirconium Ore’s highest import potential is Australia with an import gap of $17.8M.

See methodology.

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