2023
Exports
$8.12MWorld Rnk 32 / 100
Flag Rnk 903 / 1212
2023
PRODUCT COMPLEXITY IN Niobium, Tantalum, Vanadium and Zirconium Ore
-2.53Rnk 1020 / 1025
2023
Imports
$164MWorld Rnk 3 / 111
Flag Rnk 342 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $8.12M in Niobium, Tantalum, Vanadium and Zirconium Ore, making it the 32nd largest exporter of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 903rd most exported product in India. The main destination of Niobium, Tantalum, Vanadium and Zirconium Ore exports from India are: Saudi Arabia ($3.45M), Spain ($2.36M), Italy ($1.48M), United Arab Emirates ($402k), and United States ($177k).

The fastest growing export markets for Niobium, Tantalum, Vanadium and Zirconium Ore of India between 2022 and 2023 were Italy ($489k), United States ($177k), and Kuwait ($103k).

Imports In 2023, India imported $164M in Niobium, Tantalum, Vanadium and Zirconium Ore, becoming the 3rd largest importer of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 342nd most imported product in India. India imports Niobium, Tantalum, Vanadium and Zirconium Ore primarily from: Indonesia ($58.2M), Australia ($52.2M), South Africa ($20.2M), United States ($11.5M), and Vietnam ($4.73M).

The fastest growing import markets in Niobium, Tantalum, Vanadium and Zirconium Ore for India between 2022 and 2023 were Indonesia ($11M), United States ($4.8M), and Vietnam ($3.67M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Niobium, Tantalum, Vanadium and Zirconium Ore. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$8.12M
IMPORTS (2023)$164M
NET TRADE (2023)-$156M

In 2023, India exported $8.12M in Niobium, Tantalum, Vanadium and Zirconium Ore. The main destinations of India exports on Niobium, Tantalum, Vanadium and Zirconium Ore were Saudi Arabia ($3.45M), Spain ($2.36M), Italy ($1.48M), United Arab Emirates ($402k), and United States ($177k).

In 2023, India imported $164M in Niobium, Tantalum, Vanadium and Zirconium Ore, mainly from Indonesia ($58.2M), Australia ($52.2M), South Africa ($20.2M), United States ($11.5M), and Vietnam ($4.73M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Niobium, Tantalum, Vanadium and Zirconium Ore EXPORT MARKETS FOR India WERE (2022 - 2023):
Italy$489k (49.5%)
United States$177k (1%)
Kuwait$103k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Niobium, Tantalum, Vanadium and Zirconium Ore BY India WERE (2022 - 2023):
Saudi Arabia-$5.14M (-59.8%)
Spain-$4.04M (-63.2%)
Turkey-$1.59M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Niobium, Tantalum, Vanadium and Zirconium Ore were:
In 2023, India's main importing competitors in Niobium, Tantalum, Vanadium and Zirconium Ore were:
China $1.1B
Spain $184M

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

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.51M
TOP IMPORT POTENTIALSouth Africa+ $11.5M

Niobium, Tantalum, Vanadium and Zirconium Ore’s highest export potential is China. With an export gap of $3.51M.   Niobium, Tantalum, Vanadium and Zirconium Ore’s highest import potential is South Africa with an import gap of $11.5M.

See methodology.

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