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Niobium, tantalum, vanadium or zirconium ores and concentrates

2615 (Harmonized System 1992 for 4-digit)

2022
World Trade $2.49BRnk 730 / 1218
2022
Top Exporter | Top Importer $642M | $873MSouth Africa | China
2022
Product Complexity -2.76Rnk 1031 / 1033
2021 - 2022
Export Growth (CAGR) 35.1%Rnk 69 / 1218
2022
Share of World Trade 0.01%Rnk 730 / 1218

About

Overview This page contains the latest trade data of Niobium, Tantalum, Vanadium and Zirconium Ore. In 2022, Niobium, Tantalum, Vanadium and Zirconium Ore were the world's 730th most traded product, with a total trade of $2.49B. Between 2021 and 2022 the exports of Niobium, Tantalum, Vanadium and Zirconium Ore grew by 35.1%, from $1.84B to $2.49B. Trade in Niobium, Tantalum, Vanadium and Zirconium Ore represent 0.01% of total world trade.

Niobium, Tantalum, Vanadium and Zirconium Ore are a part of Ores, slag and ash. They include Zirconium ores and concentrates and Niobium, tantalum and vanadium ores and concentrates.

Exports In 2022 the top exporters of Niobium, Tantalum, Vanadium and Zirconium Ore  were South Africa ($642M), Australia ($259M), Indonesia ($214M), Mozambique ($147M), and Senegal ($139M).

Imports In 2022 the top importers of Niobium, Tantalum, Vanadium and Zirconium Ore were China ($873M), Spain ($206M), India ($171M), Thailand ($166M), and United States ($160M).

Ranking Niobium, Tantalum, Vanadium and Zirconium Ore ranks 1031st in the Product Complexity Index (PCI).

Description Niobium, tantalum, vanadium and zirconium ores and concentrates are used in the manufacture of alloys for various purposes, including steel production, and in the production of high-temperature resistant glass.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Niobium, Tantalum, Vanadium and Zirconium Ore. 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

Top Origin (2022)South Africa$642M
Top Destination (2022)China$873M

In 2022 Niobium, Tantalum, Vanadium and Zirconium Ore were the world's 730th most traded product (out of 1,218).

In 2022, the top exporters of Niobium, Tantalum, Vanadium and Zirconium Ore were South Africa ($642M), Australia ($259M), Indonesia ($214M), Mozambique ($147M), and Senegal ($139M).

In 2022, the top importers of Niobium, Tantalum, Vanadium and Zirconium Ore were China ($873M), Spain ($206M), India ($171M), Thailand ($166M), and United States ($160M).

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Exporters of Niobium, Tantalum, Vanadium and Zirconium Ore (2022)
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Importers of Niobium, Tantalum, Vanadium and Zirconium Ore (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)South Africa$229M
Top Destination Growth (2021 -  2022)China$238M

Between 2021 and 2022, the exports of Niobium, Tantalum, Vanadium and Zirconium Ore grew the fastest in South Africa ($229M), Indonesia ($120M), Nigeria ($56.5M), Senegal ($31.8M), and Mozambique ($28.6M).

Between 2021 and 2022, the fastest growing importers of Niobium, Tantalum, Vanadium and Zirconium Ore were China ($238M), Spain ($63.2M), India ($55.9M), United States ($49.6M), and Malaysia ($48M).

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Exporters of Niobium, Tantalum, Vanadium and Zirconium Ore (2021 - 2022)

Importers of Niobium, Tantalum, Vanadium and Zirconium Ore (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Niobium, Tantalum, Vanadium and Zirconium Ore.

In 2022, market concentration measured using Shannon Entropy, was 4.26. This means that most of the exports of Niobium, Tantalum, Vanadium and Zirconium Ore are explained by 19 countries.

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Value of Exports in Niobium, Tantalum, Vanadium and Zirconium Ore

Net Trade

TOP NET EXPORTER (2022)South Africa$642M
TOP NET IMPORTER (2022)China$833M

This map shows which countries export or import more of Niobium, Tantalum, Vanadium and Zirconium Ore. Each country is colored based on the difference in exports and imports of Niobium, Tantalum, Vanadium and Zirconium Ore during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Niobium, Tantalum, Vanadium and Zirconium Ore were South Africa ($642M), Australia ($251M), Indonesia ($205M), Mozambique ($147M), and Senegal ($139M).

In 2022, the countries that had a largest trade value in imports than in exports of Niobium, Tantalum, Vanadium and Zirconium Ore were China ($833M), Spain ($176M), India ($158M), Thailand ($152M), and United States ($123M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Niobium, Tantalum, Vanadium and Zirconium Ore, disaggragated by their HS6 level were Zirconium ores and concentrates ($1.83B) and Niobium, tantalum and vanadium ores and... ($656M)

HS6 Disaggregation for Niobium, Tantalum, Vanadium and Zirconium Ore (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Niobium, Tantalum, Vanadium and Zirconium Ore.
It is possible to select the main countries that export or import Niobium, Tantalum, Vanadium and Zirconium Ore in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Niobium, Tantalum, Vanadium and Zirconium Ore by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $11.5M
TOP IMPORT POTENTIALUnited States+ $11k

Niobium, Tantalum, Vanadium and Zirconium Ore’s highest export potential is India. With an export gap of $11.5M.  Niobium, Tantalum, Vanadium and Zirconium Ore’s highest import potential is United States with an import gap of $11k.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Niobium, Tantalum, Vanadium and Zirconium Ore.

Country by Relatedness

The following visualization shows the relatedness of Niobium, Tantalum, Vanadium and Zirconium Ore to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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