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2023
Exports $7.15MWorld Rnk 7 / 66
Flag Rnk 1082 / 1217
2023
Destination $597k Vietnam
2022 - 2023
FASTEST GROWING MARKET $597kChinese Taipei
2023
Imports $45.2MWorld Rnk 2 / 62
Flag Rnk 967 / 1215
2023
Origin $3.03M Bolivia
2022 - 2023
FASTEST GROWING ORIGIN $3.03MMongolia
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $7.15M in Tungsten Ore, making it the 7th largest exporter of Tungsten Ore in the world. At the same year, Tungsten Ore was the 1082nd most exported product in United States. The main destination of Tungsten Ore exports from United States are: Vietnam ($6.33M), Chinese Taipei ($598k), India ($114k), Israel ($28k), and Mexico ($21.6k).

The fastest growing export markets for Tungsten Ore of United States between 2022 and 2023 were Chinese Taipei ($597k), Vietnam ($255k), and India ($114k).

Imports In 2023, United States imported $45.2M in Tungsten Ore, becoming the 2nd largest importer of Tungsten Ore in the world. At the same year, Tungsten Ore was the 967th most imported product in United States. United States imports Tungsten Ore primarily from: Bolivia ($17.4M), Portugal ($12M), Mongolia ($3.95M), Spain ($3.54M), and China ($3.17M).

The fastest growing import markets in Tungsten Ore for United States between 2022 and 2023 were Mongolia ($3.03M), China ($2.85M), and Portugal ($1.94M).

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

Latest Trends

November 2024

About

Overview In November 2024 United States' Tungsten Ore exports accounted up to $82.8k and imports accounted up to $4.08M, resulting in a negative trade balance of $4M. Between November 2023 and November 2024 the exports of United States'   Tungsten Ore have decreased by $-47.5k (-36.5%) from $130k to $82.8k, while imports decreased by $-1.48M (-26.5%) from $5.56M to $4.08M.

Destinations In November 2024, Tungsten Ore were exported mostly to Vietnam ($74.1k), Mexico ($6.03k), Brazil ($2.66k), China ($0), and Hong Kong ($0), and were imported mostly from Bolivia ($3.13M), Portugal ($948k), China ($0), India ($0), and Japan ($0).

Growth In November 2024, the decrease in Tungsten Ore's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the decrease in Tungsten Ore's year-by-year imports was explained primarily by a decrease in imports from Portugal ($-234k or -15.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-47.5k(-36.5%)
IMPORT GROWTH (November 2023 - November 2024)$-1.48M(-26.5%)
MAIN EXPORTER (November 2024)Texas$936k
MAIN DESTINATION (November 2024)Vietnam$74.1k

This section shows Tungsten Ore's exports and imports data at subnational level for United States. 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 (2023)$7.15M
IMPORTS (2023)$45.2M
NET TRADE (2023)-$38M

In 2023, United States exported $7.15M in Tungsten Ore. The main destinations of United States exports on Tungsten Ore were Vietnam ($6.33M), Chinese Taipei ($598k), India ($114k), Israel ($28k), and Mexico ($21.6k).

In 2023, United States imported $45.2M in Tungsten Ore, mainly from Bolivia ($17.4M), Portugal ($12M), Mongolia ($3.95M), Spain ($3.54M), and China ($3.17M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tungsten Ore EXPORT MARKETS FOR United States WERE (2022 - 2023):
Chinese Taipei$597k (892k%)
Vietnam$255k (4.2%)
India$114k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten Ore BY United States WERE (2022 - 2023):
Netherlands-$2.64M (-99.9%)
Germany-$35.9k (-97.7%)
China-$12.7k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Tungsten Ore were:
Spain $42.1M
Bolivia $34.9M
North Korea $25.9M
In 2023, United States's main importing competitors in Tungsten Ore were:
China $55.2M
Austria $35.8M

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Trade Value of Tungsten Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $49.8k
TOP IMPORT POTENTIALCanada+ $477k

Tungsten Ore’s highest export potential is China. With an export gap of $49.8k.   Tungsten Ore’s highest import potential is Canada with an import gap of $477k.

See methodology.

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