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2023
Exports $102MWorld Rnk 7 / 100
Flag Rnk 12 / 961
2023
Destination $824k Spain
2022 - 2023
FASTEST GROWING MARKET $824kMalaysia
2023
PRODUCT COMPLEXITY IN Niobium, Tantalum, Vanadium and Zirconium Ore-2.53Rnk 1020 / 1025
2023
Imports $1.17kWorld Rnk 103 / 111
Flag Rnk 1117 / 1148
2023
Origin $1.17k Tunisia
2022 - 2023
FASTEST GROWING ORIGIN $1.17kTunisia
2023
ECONOMIC COMPLEXITY of Senegal-0.51Rnk 87 / 132

About

Exports In 2023, Senegal exported $102M in Niobium, Tantalum, Vanadium and Zirconium Ore, making it the 7th largest exporter of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 12th most exported product in Senegal. The main destination of Niobium, Tantalum, Vanadium and Zirconium Ore exports from Senegal are: Spain ($31.7M), China ($25.6M), Japan ($7.87M), Italy ($6.4M), and Netherlands ($5.92M).

The fastest growing export markets for Niobium, Tantalum, Vanadium and Zirconium Ore of Senegal between 2022 and 2023 were Malaysia ($824k), Italy ($682k), and United Kingdom ($657k).

Imports In 2023, Senegal imported $1.17k in Niobium, Tantalum, Vanadium and Zirconium Ore, becoming the 103rd largest importer of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 1117th most imported product in Senegal. Senegal imports Niobium, Tantalum, Vanadium and Zirconium Ore primarily from: Tunisia ($1.17k).

The fastest growing import markets in Niobium, Tantalum, Vanadium and Zirconium Ore for Senegal between 2022 and 2023 were Tunisia ($1.17k).

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)$102M
IMPORTS (2023)$1.17k
NET TRADE (2023)$102M

In 2023, Senegal exported $102M in Niobium, Tantalum, Vanadium and Zirconium Ore. The main destinations of Senegal exports on Niobium, Tantalum, Vanadium and Zirconium Ore were Spain ($31.7M), China ($25.6M), Japan ($7.87M), Italy ($6.4M), and Netherlands ($5.92M).

In 2023, Senegal imported $1.17k in Niobium, Tantalum, Vanadium and Zirconium Ore, mainly from Tunisia ($1.17k).

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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 Senegal WERE (2022 - 2023):
Malaysia$824k (1%)
Italy$682k (11.9%)
United Kingdom$657k (80.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Niobium, Tantalum, Vanadium and Zirconium Ore BY Senegal WERE (2022 - 2023):
United States-$11.4M (-71.3%)
China-$8.65M (-25.2%)
Spain-$7.34M (-18.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Senegal's main exporting competitors in Niobium, Tantalum, Vanadium and Zirconium Ore were:
South Africa $579M
Australia $311M
Mozambique $200M
In 2023, Senegal's main importing competitors in Niobium, Tantalum, Vanadium and Zirconium Ore were:
China $1.1B
Spain $184M
India $164M

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

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.26M
TOP IMPORT POTENTIALUnited Kingdom+ $1.22k

Niobium, Tantalum, Vanadium and Zirconium Ore’s highest export potential is China. With an export gap of $9.26M.   Niobium, Tantalum, Vanadium and Zirconium Ore’s highest import potential is United Kingdom with an import gap of $1.22k.

See methodology.

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