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2022
Exports $381kWorld Rnk 34 / 65
Flag Rnk 1170 / 1216
2022
Destination $84.1k United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $84.1kVietnam
2022
Imports $1.85MWorld Rnk 11 / 65
Flag Rnk 1145 / 1214
2022
Origin $734k Bolivia
2021 - 2022
FASTEST GROWING ORIGIN $734kBolivia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $381k in Tungsten Ore, making it the 34th largest exporter of Tungsten Ore in the world. At the same year, Tungsten Ore was the 1170th most exported product in United Kingdom. The main destination of Tungsten Ore exports from United Kingdom are: United Arab Emirates ($199k), Vietnam ($84.1k), China ($81.1k), Namibia ($7.3k), and Armenia ($3.46k).

The fastest growing export markets for Tungsten Ore of United Kingdom between 2021 and 2022 were Vietnam ($84.1k), China ($81.1k), and Namibia ($4.33k).

Imports In 2022, United Kingdom imported $1.85M in Tungsten Ore, becoming the 11th largest importer of Tungsten Ore in the world. At the same year, Tungsten Ore was the 1145th most imported product in United Kingdom. United Kingdom imports Tungsten Ore primarily from: Bolivia ($734k), China ($599k), Israel ($472k), Malaysia ($27.3k), and United States ($15.3k).

The fastest growing import markets in Tungsten Ore for United Kingdom between 2021 and 2022 were Bolivia ($734k), Israel ($377k), and Malaysia ($27.3k).

COMPANIES In 2023, leading companies such as Amazon (1) were at the forefront of shipping Tungsten Ore from United Kingdom to the United States.

Latest Trends

July 2024

About

Overview In July 2024 United Kingdom's Tungsten Ore exports accounted up to £561k and imports accounted up to £75.7k, resulting in a positive trade balance of £485k. Between October 2016 and July 2024 the exports of United Kingdom's   Tungsten Ore have decreased by £-1.08M (-65.7%) from £1.64M to £561k, while imports increased by £22.1k (41.2%) from £53.6k to £75.7k.

Destinations In July 2024, Tungsten Ore were exported mostly to Kenya (£555k) and Belgium (£5.48k), and were imported mostly from China (£46.8k) and United States (£28.9k).

Growth In July 2024, the decrease in Tungsten Ore's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Tungsten Ore's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2016 - July 2024)£-1.08M(-65.7%)
IMPORT GROWTH (May 2023 - July 2024)£22.1k(41.2%)
MAIN EXPORTER (July 2024)Felixstowe£555k
MAIN DESTINATION (July 2024)Kenya£555k

This section shows Tungsten Ore's exports and imports data at subnational level for United Kingdom. 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 Tungsten Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$381k
IMPORTS (2022)$1.85M
NET TRADE (2022)-$1.47M

In 2022, United Kingdom exported $381k in Tungsten Ore. The main destinations of United Kingdom exports on Tungsten Ore were United Arab Emirates ($199k), Vietnam ($84.1k), China ($81.1k), Namibia ($7.3k), and Armenia ($3.46k).

In 2022, United Kingdom imported $1.85M in Tungsten Ore, mainly from Bolivia ($734k), China ($599k), Israel ($472k), Malaysia ($27.3k), and United States ($15.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tungsten Ore EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Vietnam$84.1k (1%)
China$81.1k (1%)
Namibia$4.33k (146%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten Ore BY United Kingdom WERE (2021 - 2022):
Kenya-$1.17M (-100%)
Netherlands-$1M (-99.9%)
United Arab Emirates-$75.6k (-27.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Tungsten Ore were:
Rwanda $52.7M
Spain $40.7M
North Korea $30.9M
In 2022, United Kingdom's main importing competitors in Tungsten Ore were:
China $60.3M
United States $48.2M
Austria $41.4M

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Trade Value of Tungsten Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $63.5k
TOP IMPORT POTENTIALUnited States+ $19.7k

Tungsten Ore’s highest export potential is China. With an export gap of $63.5k.   Tungsten Ore’s highest import potential is United States with an import gap of $19.7k.

See methodology.

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