HS Icon Titanium Oxides

2823 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Titanium Oxides. In 2020, Titanium Oxides were the world's 950th most traded product, with a total trade of $762M. Between 2019 and 2020 the exports of Titanium Oxides decreased by -8.78%, from $835M to $762M. Trade in Titanium Oxides represent 0.0045% of total world trade.

Titanium Oxides include Titanium oxides.

Exports In 2020 the top exporters of Titanium Oxides  were China ($209M), Germany ($116M), France ($70.5M), Japan ($64.2M), and South Korea ($51.4M).

Imports In 2020 the top importers of Titanium Oxides were Germany ($73.8M), United States ($60.3M), Japan ($54.7M), China ($48.3M), and India ($47.6M).

Tariffs In 2018 the average tariff for Titanium Oxides was 2.95%, making it the 1159th lowest tariff using the HS4 product classification.

Ranking Titanium Oxides ranks 134th in the Product Complexity Index (PCI).

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Titanium Oxides. 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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): China, $209M

Top Destination (2020): Germany, $73.8M

Titanium Oxides are the world's 950th most traded product.

In 2020, the top exporters of Titanium Oxides were China ($209M), Germany ($116M), France ($70.5M), Japan ($64.2M), and South Korea ($51.4M).

In 2020, the top importers of Titanium Oxides were Germany ($73.8M), United States ($60.3M), Japan ($54.7M), China ($48.3M), and India ($47.6M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): China, $13.6M

Top Destination Growth (2019 - 2020): Japan, $17.9M

Between 2019 and 2020, the exports of Titanium Oxides grew the fastest in China ($13.6M), India ($11.4M), Belgium ($6.92M), United Kingdom ($5.4M), and Mexico ($4.5M).

Between 2019 and 2020, the fastest growing importers of Titanium Oxides were Japan ($17.9M), Nigeria ($8.36M), Spain ($7.01M), Malaysia ($5.67M), and Germany ($4.6M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Titanium Oxides.

In 2020,  market concentration measured using Shannon Entropy, was 3.75. This means that most of the exports of Titanium Oxides are explained by 13 countries.

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TOP NET EXPORTER (2020): China, $161M

TOP NET IMPORTER (2020): United States, $38.9M

This map shows which countries export or import more of Titanium Oxides. Each country is colored based on the difference in exports and imports of Titanium Oxides during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Titanium Oxides were China ($161M), France ($46.6M), Germany ($42M), South Korea ($29.3M), and Czechia ($14M).

In 2020, the countries that had a largest trade value in imports than in exports of Titanium Oxides were United States ($38.9M), Spain ($25.2M), Brazil ($23.2M), Chinese Taipei ($22.7M), and Vietnam ($19M).

Disaggregation

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Value

In 2020, the world most traded Titanium Oxides, disaggragated by their HS6 level were Titanium oxides ($762M)

Country Comparison

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Flow
Measure
Ranking

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

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Titanium Oxides to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.