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2022
Exports $17.6MWorld Rnk 5 / 65
Flag Rnk 460 / 1200
2022
Destination $6.42M United States
2021 - 2022
FASTEST GROWING MARKET $6.42MUnited States
2022
Imports $1.17MWorld Rnk 15 / 65
Flag Rnk 1036 / 1201
2022
Origin $751k Lithuania
2021 - 2022
FASTEST GROWING ORIGIN $751kLithuania
2022
ECONOMIC COMPLEXITY of Russia0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $17.6M in Tungsten Ore, making it the 5th largest exporter of Tungsten Ore in the world. At the same year, Tungsten Ore was the 460th most exported product in Russia. The main destination of Tungsten Ore exports from Russia are: United States ($10.4M), Vietnam ($6.73M), Malaysia ($267k), and China ($189k).

The fastest growing export markets for Tungsten Ore of Russia between 2021 and 2022 were United States ($6.42M), Vietnam ($6.18M), and Malaysia ($267k).

Imports In 2022, Russia imported $1.17M in Tungsten Ore, becoming the 15th largest importer of Tungsten Ore in the world. At the same year, Tungsten Ore was the 1036th most imported product in Russia. Russia imports Tungsten Ore primarily from: Lithuania ($751k), Netherlands ($319k), Malaysia ($88.4k), and Ukraine ($8k).

The fastest growing import markets in Tungsten Ore for Russia between 2021 and 2022 were Lithuania ($751k), Malaysia ($88.4k), and Ukraine ($8k).

Latest Trends

May 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 Tungsten 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 (2022)$17.6M
IMPORTS (2022)$1.17M
NET TRADE (2022)$16.5M

In 2022, Russia exported $17.6M in Tungsten Ore. The main destinations of Russia exports on Tungsten Ore were United States ($10.4M), Vietnam ($6.73M), Malaysia ($267k), and China ($189k).

In 2022, Russia imported $1.17M in Tungsten Ore, mainly from Lithuania ($751k), Netherlands ($319k), Malaysia ($88.4k), and Ukraine ($8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tungsten Ore EXPORT MARKETS FOR Russia WERE (2021 - 2022):
United States$6.42M (159%)
Vietnam$6.18M (1.11k%)
Malaysia$267k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten Ore BY Russia WERE (2021 - 2022):
Austria-$12.4M (-100%)
Netherlands-$11.1M (-100%)
China-$3.98M (-95.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Tungsten Ore were:
Rwanda $52.7M
Spain $40.7M
North Korea $30.9M
In 2022, Russia'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+ $481k
TOP IMPORT POTENTIALSpain+ $1.28k

Tungsten Ore’s highest export potential is China. With an export gap of $481k.   Tungsten Ore’s highest import potential is Spain with an import gap of $1.28k.

See methodology.

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