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810110 (Harmonized System 1992 for 6-digit)

2023
World Trade $285MRnk 3388 / 4644
2023
Top Exporter | Top Importer $87.2M | $66.4MChina | United States
2023
Product Complexity 1.09Rnk 638 / 4656
2022 - 2023
Export Growth (CAGR) -16.7%Rnk 3398 / 4644
2023
Share of World Trade 0.0013%Rnk 3388 / 4644

About

Overview This page contains the latest trade data of Powders, tungsten (wolfram). In 2023, Powders, tungsten (wolfram) were the world's 3388th most traded product, with a total trade of $285M. Between 2022 and 2023 the exports of Powders, tungsten (wolfram) decreased by -16.7%, from $342M to $285M. Trade in Powders, tungsten (wolfram) represent 0.0013% of total world trade.

Powders, tungsten (wolfram) are a part of Tungsten.

Exports In 2023 the top exporters of Powders, tungsten (wolfram)  were China ($87.2M), United States ($37.3M), Austria ($34.8M), Canada ($32.7M), and Czechia ($23.9M).

Imports In 2023 the top importers of Powders, tungsten (wolfram) were United States ($66.4M), South Korea ($47M), Germany ($37.9M), Canada ($29.9M), and France ($11.4M).

Ranking Powders, tungsten (wolfram) ranks 638th in the Product Complexity Index (PCI).

Description Powders are materials that have been ground to a powder form and used in a variety of applications including explosives, cosmetics, and pharmaceuticals. Tungsten, also called wolfram, is used in the production of steel, in the manufacturing of electric incandescent light bulbs, and in the production of tungsten carbide.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Powders, tungsten (wolfram). 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 (2023)China$87.2M
Top Destination (2023)United States$66.4M

In 2023 Powders, tungsten (wolfram) were the world's 3388th most traded product (out of 4,644).

In 2023, the top exporters of Powders, tungsten (wolfram) were China ($87.2M), United States ($37.3M), Austria ($34.8M), Canada ($32.7M), and Czechia ($23.9M).

In 2023, the top importers of Powders, tungsten (wolfram) were United States ($66.4M), South Korea ($47M), Germany ($37.9M), Canada ($29.9M), and France ($11.4M).

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Exporters of Powders, tungsten (wolfram) (2023)
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Importers of Powders, tungsten (wolfram) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Israel$6.09M
Top Destination Growth (2022 -  2023)Germany$8.08M

Between 2022 and 2023, the exports of Powders, tungsten (wolfram) grew the fastest in Israel ($6.09M), Canada ($3.42M), Poland ($2.85M), United Kingdom ($961k), and France ($825k).

Between 2022 and 2023, the fastest growing importers of Powders, tungsten (wolfram) were Germany ($8.08M), South Korea ($7.28M), Czechia ($2.23M), Kenya ($1.43M), and Malaysia ($349k).

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Exporters of Powders, tungsten (wolfram) (2022 - 2023)

Importers of Powders, tungsten (wolfram) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Powders, tungsten (wolfram).

In 2023, market concentration measured using Shannon Entropy, was 3.28. This means that most of the exports of Powders, tungsten (wolfram) are explained by 9 countries.

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Value of Exports in Powders, tungsten (wolfram)

Net Trade

TOP NET EXPORTER (2023)China$86M
TOP NET IMPORTER (2023)South Korea$38.2M

This map shows which countries export or import more of Powders, tungsten (wolfram). Each country is colored based on the difference in exports and imports of Powders, tungsten (wolfram) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Powders, tungsten (wolfram) were China ($86M), Austria ($24.7M), Czechia ($13.7M), Israel ($8.85M), and Poland ($6.02M).

In 2023, the countries that had a largest trade value in imports than in exports of Powders, tungsten (wolfram) were South Korea ($38.2M), United States ($29.1M), Germany ($24M), United Kingdom ($6.89M), and Switzerland ($5.74M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Powders, tungsten (wolfram) 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 (2023)

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