TantalumTantalum; articles thereof, including waste and scrap
8103 (Harmonized System 1992 for 4-digit)
2021 World Trade: $1.04B, Rnk 922 / 1217
2021 Top Exporter | Top Importer: $269M | $288M, United States | United States
2021 Product Complexity: 0.59, Rnk 328 / 1024
2020 - 2021 Export Growth (CAGR): 20.7%, Rnk 621 / 1217
2018 Mean Tariff: 3.08%, Rnk 1137 / 1259
2021 Share of World Trade: 0.0049%, Rnk 922 / 1217
Overview This page contains the latest trade data of Tantalum. In 2021, Tantalum were the world's 922nd most traded product, with a total trade of $1.04B. Between 2020 and 2021 the exports of Tantalum grew by 20.7%, from $862M to $1.04B. Trade in Tantalum represent 0.0049% of total world trade.
Tantalum are a part of Cermet articles. They include Tantalum unwrought, bars, rods simply sintered, scrap and Tantalum and articles thereof nes.
Exports In 2021 the top exporters of Tantalum were United States ($269M), China ($230M), Japan ($114M), Germany ($108M), and Thailand ($55.7M).
Imports In 2021 the top importers of Tantalum were United States ($288M), China ($111M), El Salvador ($92.9M), Indonesia ($70M), and Mexico ($67.9M).
Tariffs In 2018 the average tariff for Tantalum was 3.08%, making it the 1137th lowest tariff using the HS4 product classification.
Ranking Tantalum ranks 328th in the Product Complexity Index (PCI).
Description Tantalum is a chemical element that is used in the production of other materials. Tantalum waste and scrap are materials that contain tantalum, but do not contain any other elements.
The following visualization shows the latest trends on Tantalum. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2021): United States, $269M
Top Destination (2021): United States, $288M
Tantalum are the world's 922nd most traded product.
In 2021, the top exporters of Tantalum were United States ($269M), China ($230M), Japan ($114M), Germany ($108M), and Thailand ($55.7M).
In 2021, the top importers of Tantalum were United States ($288M), China ($111M), El Salvador ($92.9M), Indonesia ($70M), and Mexico ($67.9M).
Trade by country
Top Origin Growth (2020 - 2021): China, $42.5M
Top Destination Growth (2020 - 2021): United States, $65M
Between 2020 and 2021, the exports of Tantalum grew the fastest in China ($42.5M), United States ($40M), Germany ($26.6M), Czechia ($21.6M), and Kazakhstan ($14.3M).
Between 2020 and 2021, the fastest growing importers of Tantalum were United States ($65M), Germany ($24.2M), El Salvador ($17.9M), China ($17.1M), and Japan ($14.6M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Tantalum.
In 2021, market concentration measured using Shannon Entropy, was 3.34. This means that most of the exports of Tantalum are explained by 10 countries.
TOP NET EXPORTER (2021): China, $118M
TOP NET IMPORTER (2021): El Salvador, $92.6M
This map shows which countries export or import more of Tantalum. Each country is colored based on the difference in exports and imports of Tantalum during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Tantalum were China ($118M), Japan ($65.6M), Germany ($43.1M), Thailand ($42.8M), and Czechia ($32.8M).
In 2021, the countries that had a largest trade value in imports than in exports of Tantalum were El Salvador ($92.6M), Indonesia ($66.2M), Mexico ($66.1M), South Korea ($35.1M), and Chinese Taipei ($19.2M).
In 2021, the world most traded Tantalum, disaggragated by their HS6 level were Tantalum unwrought, bars, rods simply sintered,... ($623M) and Tantalum and articles thereof nes ($417M)
This visualization shows the countries that have an important ratio of their trade related to Tantalum. It is possible to select the main countries that export or import Tantalum in the world, or by continent, as well as select the measure of interest.
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.
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