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2023
Exports $30.9MWorld Rnk 19 / 79
Flag Rnk 998 / 1215
2023
Destination $5.16M Russia
2022 - 2023
FASTEST GROWING MARKET $5.16MSouth Korea
2023
PRODUCT COMPLEXITY IN Titanium Ore-1.98Rnk 997 / 1025
2023
Imports $943MWorld Rnk 1 / 99
Flag Rnk 226 / 1214
2023
Origin $121M Mozambique
2022 - 2023
FASTEST GROWING ORIGIN $121MMozambique
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $30.9M in Titanium Ore, making it the 19th largest exporter of Titanium Ore in the world. At the same year, Titanium Ore was the 998th most exported product in China. The main destination of Titanium Ore exports from China are: Russia ($10.6M), India ($5.47M), South Korea ($5.31M), Bahrain ($3.56M), and Philippines ($1.15M).

The fastest growing export markets for Titanium Ore of China between 2022 and 2023 were South Korea ($5.16M), Lithuania ($685k), and Bahrain ($514k).

Imports In 2023, China imported $943M in Titanium Ore, becoming the 1st largest importer of Titanium Ore in the world. At the same year, Titanium Ore was the 226th most imported product in China. China imports Titanium Ore primarily from: Mozambique ($195M), Norway ($123M), Vietnam ($118M), Kenya ($67.8M), and Australia ($67.2M).

The fastest growing import markets in Titanium Ore for China between 2022 and 2023 were Mozambique ($121M), Sierra Leone ($49.2M), and Norway ($35.3M).

COMPANIES In 2024, leading companies such as Walong Marketing (5), At Home Procurement (1), and Loblaws Supermarkets (1) were at the forefront of shipping Titanium Ore from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Titanium Ore exports accounted up to $11.6M and imports accounted up to $152M, resulting in a negative trade balance of $140M. Between December 2023 and December 2024 the exports of China's   Titanium Ore have increased by $7.47M (181%) from $4.12M to $11.6M, while imports increased by $39M (34.6%) from $113M to $152M.

Destinations In December 2024, Titanium Ore were exported mostly to Japan ($4.34M), South Korea ($2.62M), India ($1.39M), Russia ($1.16M), and Bangladesh ($612k), and were imported mostly from Mozambique ($84.9M), Australia ($17.9M), Norway ($10.7M), Madagascar ($10.1M), and Nigeria ($9.27M).

Growth In December 2024, the increase in Titanium Ore's year-by-year exports was explained primarily by an increase in exports to Russia ($203k or 41.3%). In December 2024, the increase in Titanium Ore's year-by-year imports was explained primarily by an increase in imports from Sierra Leone ($16.4M or 603%), Australia ($7.07M or 279%), and Egypt ($4.28M or 2.12k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$7.47M(181%)
IMPORT GROWTH (December 2023 - December 2024)$39M(34.6%)
MAIN EXPORTER (December 2024)Beijing$6.13M
MAIN DESTINATION (December 2024)Japan$4.34M

This section shows Titanium 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 Titanium Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$30.9M
IMPORTS (2023)$943M
NET TRADE (2023)-$912M

In 2023, China exported $30.9M in Titanium Ore. The main destinations of China exports on Titanium Ore were Russia ($10.6M), India ($5.47M), South Korea ($5.31M), Bahrain ($3.56M), and Philippines ($1.15M).

In 2023, China imported $943M in Titanium Ore, mainly from Mozambique ($195M), Norway ($123M), Vietnam ($118M), Kenya ($67.8M), and Australia ($67.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Titanium Ore EXPORT MARKETS FOR China WERE (2022 - 2023):
South Korea$5.16M (3.53k%)
Lithuania$685k (498%)
Bahrain$514k (16.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Titanium Ore BY China WERE (2022 - 2023):
Chinese Taipei-$48.6M (-100%)
Belgium-$14.5M (-100%)
India-$3.44M (-38.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Titanium Ore were:
South Africa $546M
Mozambique $433M
Australia $409M
In 2023, China's main importing competitors in Titanium Ore were:
Japan $370M
United States $325M

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Trade Value of Titanium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.97M
TOP IMPORT POTENTIALIndia+ $21.6M

Titanium Ore’s highest export potential is India. With an export gap of $2.97M.   Titanium Ore’s highest import potential is India with an import gap of $21.6M.

See methodology.

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