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Pricing

2022
World Trade $425MRnk 3090 / 4648
2022
Top Exporter | Top ImporterfalseN/A | N/A
2022
Product Complexity 0.78Rnk 1142 / 4653
2021 - 2022
Export Growth (CAGR) 4.62%Rnk 2277 / 4648
2022
Share of World Trade 0.0018%Rnk 3090 / 4648

About

Overview This page contains the latest trade data of Tungsten (wolfram) and articles thereof nes. In 2022, Tungsten (wolfram) and articles thereof nes were the world's 3090th most traded product, with a total trade of $425M. Between 2021 and 2022 the exports of Tungsten (wolfram) and articles thereof nes grew by 4.62%, from $406M to $425M. Trade in Tungsten (wolfram) and articles thereof nes represent 0.0018% of total world trade.

Exports In 2022 the top exporters of Tungsten (wolfram) and articles thereof nes  were N/A.

Imports In 2022 the top importers of Tungsten (wolfram) and articles thereof nes were N/A.

Ranking Tungsten (wolfram) and articles thereof nes ranks 1142nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tungsten (wolfram) and articles thereof nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

In 2022 Tungsten (wolfram) and articles thereof nes were the world's 3090th most traded product (out of 4,648).

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Exporters of Tungsten (wolfram) and articles thereof nes (2022)
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Importers of Tungsten (wolfram) and articles thereof nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Malaysia$14.3M
Top Destination Growth (2021 -  2022)China$13.7M

Between 2021 and 2022, the exports of Tungsten (wolfram) and articles thereof nes grew the fastest in Malaysia ($14.3M), Austria ($6.92M), United States ($6.41M), Poland ($3.12M), and Hong Kong ($2.93M).

Between 2021 and 2022, the fastest growing importers of Tungsten (wolfram) and articles thereof nes were China ($13.7M), Philippines ($7.66M), Japan ($3.87M), Austria ($3.79M), and Mexico ($3.23M).

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Exporters of Tungsten (wolfram) and articles thereof nes (2021 - 2022)

Importers of Tungsten (wolfram) and articles thereof nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tungsten (wolfram) and articles thereof nes.

In 2022, market concentration measured using Shannon Entropy, was 3.63. This means that most of the exports of Tungsten (wolfram) and articles thereof nes are explained by 12 countries.

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Value of Exports in Tungsten (wolfram) and articles thereof nes

Net Trade

TOP NET EXPORTER (2022)China$79.6M
TOP NET IMPORTER (2022)Mexico$33.2M

This map shows which countries export or import more of Tungsten (wolfram) and articles thereof nes. Each country is colored based on the difference in exports and imports of Tungsten (wolfram) and articles thereof nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Tungsten (wolfram) and articles thereof nes were China ($79.6M), United States ($23M), Austria ($18.7M), Malaysia ($15.2M), and France ($10.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Tungsten (wolfram) and articles thereof nes were Mexico ($33.2M), Philippines ($19M), Chinese Taipei ($12.1M), South Korea ($8.3M), and Israel ($7.36M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Tungsten (wolfram) and articles thereof nes.
It is possible to select the main countries that export or import Tungsten (wolfram) and articles thereof nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tungsten (wolfram) and articles thereof nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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