Tungsten ores and concentrates261100 (Harmonized System 1992 for 6-digit)
2021 World Trade: $217M, Rnk 3635 / 4641
2021 Top Exporter | Top Importer: $51.6M | $55.7M, Rwanda | China
2021 Product Complexity: -2.36, Rnk 4599 / 4648
2020 - 2021 Export Growth (CAGR): 59.2%, Rnk 312 / 4641
2018 Mean Tariff: 2.09%, Rnk 6242 / 6538
2021 Share of World Trade: 0.001%, Rnk 3635 / 4641
Overview This page contains the latest trade data of Tungsten ores and concentrates. In 2021, Tungsten ores and concentrates were the world's 3635th most traded product, with a total trade of $217M. Between 2020 and 2021 the exports of Tungsten ores and concentrates grew by 59.2%, from $136M to $217M. Trade in Tungsten ores and concentrates represent 0.001% of total world trade.
Tungsten ores and concentrates are a part of Tungsten Ore.
Exports In 2021 the top exporters of Tungsten ores and concentrates were Rwanda ($51.6M), Russia ($33.3M), Bolivia ($32.3M), Burma ($18.2M), and Portugal ($13.9M).
Imports In 2021 the top importers of Tungsten ores and concentrates were China ($55.7M), United States ($35.1M), Austria ($24.3M), Vietnam ($20.9M), and Netherlands ($17.1M).
Tariffs In 2018 the average tariff for Tungsten ores and concentrates was 2.09%, making it the 6242nd lowest tariff using the HS6 product classification.
Ranking Tungsten ores and concentrates ranks 4599th in the Product Complexity Index (PCI).
Description Tungsten ores are often found in other minerals like tin, lead, gold, and copper. When these minerals are mined, they are separated and tungsten is extracted. Tungsten concentrates are produced in the process of separating tungsten from other ores. Tungsten is very useful in alloys and has many industrial applications.
The following visualization shows the latest trends on Tungsten 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
Tungsten ores and concentrates are the world's 3635th most traded product.
In 2021, the top exporters of Tungsten ores and concentrates were Rwanda ($51.6M), Russia ($33.3M), Bolivia ($32.3M), Burma ($18.2M), and Portugal ($13.9M).
In 2021, the top importers of Tungsten ores and concentrates were China ($55.7M), United States ($35.1M), Austria ($24.3M), Vietnam ($20.9M), and Netherlands ($17.1M).
Trade by country
Between 2020 and 2021, the exports of Tungsten ores and concentrates grew the fastest in Rwanda ($31.8M), Burma ($14.6M), Spain ($10.7M), Bolivia ($8.96M), and Russia ($6.19M).
Between 2020 and 2021, the fastest growing importers of Tungsten ores and concentrates were China ($41.6M), Singapore ($10.1M), Austria ($9.6M), Vietnam ($6.82M), and Luxembourg ($6.53M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Tungsten ores and concentrates.
In 2021, market concentration measured using Shannon Entropy, was 3.77. This means that most of the exports of Tungsten ores and concentrates are explained by 13 countries.
This map shows which countries export or import more of Tungsten ores and concentrates. Each country is colored based on the difference in exports and imports of Tungsten ores and concentrates during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Tungsten ores and concentrates were Rwanda ($51.6M), Bolivia ($32.3M), Russia ($27.6M), Burma ($18.2M), and Portugal ($13.6M).
In 2021, the countries that had a largest trade value in imports than in exports of Tungsten ores and concentrates were China ($53.9M), United States ($29M), Austria ($24.3M), Vietnam ($15.4M), and Netherlands ($15.2M).
This visualization shows the countries that have an important ratio of their trade related to Tungsten ores and concentrates. It is possible to select the main countries that export or import Tungsten 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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