Titanium ores and concentrates261400 (Harmonized System 1992 for 6-digit)
2020 World Trade: $2.39B, Rnk 1110 / 4613
2020 Top Exporter | Top Importer: $569M | $337M, South Africa | China
2020 Product Complexity: -1.76, Rnk 4568 / 4783
2019 - 2020 Export Growth (CAGR): -0.21%, Rnk 1228 / 4613
2018 Mean Tariff: 1.94%, Rnk 6284 / 6538
2020 Share of World Trade: 0.014%, Rnk 1110 / 4613
Overview This page contains the latest trade data of Titanium ores and concentrates. In 2020, Titanium ores and concentrates were the world's 1110th most traded product, with a total trade of $2.39B. Between 2019 and 2020 the exports of Titanium ores and concentrates decreased by -0.21%, from $2.4B to $2.39B. Trade in Titanium ores and concentrates represent 0.014% of total world trade.
Titanium ores and concentrates are a part of Titanium Ore.
Exports In 2020 the top exporters of Titanium ores and concentrates were South Africa ($569M), Australia ($260M), Norway ($202M), Mozambique ($183M), and Sierra Leone ($158M).
Imports In 2020 the top importers of Titanium ores and concentrates were China ($337M), United States ($309M), Japan ($258M), Netherlands ($207M), and Belgium ($170M).
Tariffs In 2018 the average tariff for Titanium ores and concentrates was 1.94%, making it the 6284th lowest tariff using the HS6 product classification.
Ranking Titanium ores and concentrates ranks 4568th in the Product Complexity Index (PCI).
Description Titanium ores can be used to produce titanium dioxide pigment, which is used in paint and sunscreen. Titanium ores can also be used to produce titanium metal, which is used to produce aircraft, missiles, and deep-sea vessels. Titanium ores can be used to produce the titanium dioxide pigment, titanium metal, and titanium sponge. Titanium sponge is used to produce the titanium dioxide pigment and titanium metal.
The following visualization shows the latest trends on Titanium ores and concentrates. 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 (2020): South Africa, $569M
Top Destination (2020): China, $337M
Titanium ores and concentrates are the world's 1110th most traded product.
In 2020, the top exporters of Titanium ores and concentrates were South Africa ($569M), Australia ($260M), Norway ($202M), Mozambique ($183M), and Sierra Leone ($158M).
In 2020, the top importers of Titanium ores and concentrates were China ($337M), United States ($309M), Japan ($258M), Netherlands ($207M), and Belgium ($170M).
Trade by country
Top Origin Growth (2019 - 2020): United States, $33.6M
Top Destination Growth (2019 - 2020): Mexico, $49.3M
Between 2019 and 2020, the exports of Titanium ores and concentrates grew the fastest in United States ($33.6M), Norway ($23.8M), India ($21.7M), Belgium ($15.2M), and Vietnam ($12.7M).
Between 2019 and 2020, the fastest growing importers of Titanium ores and concentrates were Mexico ($49.3M), Belgium ($48.3M), China ($37M), Malaysia ($30.8M), and Canada ($25M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Titanium ores and concentrates.
In 2020, market concentration measured using Shannon Entropy, was 3.79. This means that most of the exports of Titanium ores and concentrates are explained by 13 countries.
TOP NET EXPORTER (2020): South Africa, $568M
TOP NET IMPORTER (2020): China, $314M
This map shows which countries export or import more of Titanium ores and concentrates. Each country is colored based on the difference in exports and imports of Titanium ores and concentrates during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Titanium ores and concentrates were South Africa ($568M), Australia ($260M), Mozambique ($183M), Sierra Leone ($158M), and Kenya ($152M).
In 2020, the countries that had a largest trade value in imports than in exports of Titanium ores and concentrates were China ($314M), Japan ($258M), United States ($234M), Netherlands ($194M), and United Kingdom ($154M).
This visualization shows the countries that have an important ratio of their trade related to Titanium ores and concentrates. It is possible to select the main countries that export or import Titanium ores and concentrates 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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