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810199 (Harmonized System 1992 for 6-digit)

2023
World Trade $511MRnk 2834 / 4644
2023
Top Exporter | Top Importer $168M | $58.2MChina | China
2023
Product Complexity 1.13Rnk 570 / 4656
2022 - 2023
Export Growth (CAGR) 12.1%Rnk 562 / 4644
2023
Share of World Trade 0.0023%Rnk 2834 / 4644

About

Overview This page contains the latest trade data of Tungsten (wolfram) and articles thereof nes. In 2023, Tungsten (wolfram) and articles thereof nes were the world's 2834th most traded product, with a total trade of $511M. Between 2022 and 2023 the exports of Tungsten (wolfram) and articles thereof nes grew by 12.1%, from $456M to $511M. Trade in Tungsten (wolfram) and articles thereof nes represent 0.0023% of total world trade.

Tungsten (wolfram) and articles thereof nes are a part of Tungsten.

Exports In 2023 the top exporters of Tungsten (wolfram) and articles thereof nes  were China ($168M), United States ($90.6M), Japan ($67.8M), Germany ($43.2M), and Austria ($25.1M).

Imports In 2023 the top importers of Tungsten (wolfram) and articles thereof nes were China ($58.2M), United States ($56.5M), Germany ($49.3M), Mexico ($45.6M), and Japan ($39.6M).

Ranking Tungsten (wolfram) and articles thereof nes ranks 570th in the Product Complexity Index (PCI).

Description Tungsten is a hard, brittle, and heavy metal that is also radioactive. It is used in some light bulb filaments, in electric wires, in metal alloys, and in vacuum tubes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tungsten (wolfram) and articles thereof nes. 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$168M
Top Destination (2023)China$58.2M

In 2023 Tungsten (wolfram) and articles thereof nes were the world's 2834th most traded product (out of 4,644).

In 2023, the top exporters of Tungsten (wolfram) and articles thereof nes were China ($168M), United States ($90.6M), Japan ($67.8M), Germany ($43.2M), and Austria ($25.1M).

In 2023, the top importers of Tungsten (wolfram) and articles thereof nes were China ($58.2M), United States ($56.5M), Germany ($49.3M), Mexico ($45.6M), and Japan ($39.6M).

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Exporters of Tungsten (wolfram) and articles thereof nes (2023)
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Importers of Tungsten (wolfram) and articles thereof nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$34.3M
Top Destination Growth (2022 -  2023)United States$20.9M

Between 2022 and 2023, the exports of Tungsten (wolfram) and articles thereof nes grew the fastest in United States ($34.3M), Japan ($18.9M), China ($17M), France ($4.62M), and Brunei ($4.29M).

Between 2022 and 2023, the fastest growing importers of Tungsten (wolfram) and articles thereof nes were United States ($20.9M), China ($17.9M), Germany ($16.7M), Mexico ($6.63M), and India ($5.39M).

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Exporters of Tungsten (wolfram) and articles thereof nes (2022 - 2023)

Importers of Tungsten (wolfram) and articles thereof nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tungsten (wolfram) and articles thereof nes.

In 2023, market concentration measured using Shannon Entropy, was 3.3. This means that most of the exports of Tungsten (wolfram) and articles thereof nes are explained by 9 countries.

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Value of Exports in Tungsten (wolfram) and articles thereof nes

Net Trade

TOP NET EXPORTER (2023)China$110M
TOP NET IMPORTER (2023)Mexico$45.2M

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

In 2023, the countries that had a largest trade value in exports than in imports of Tungsten (wolfram) and articles thereof nes were China ($110M), United States ($34.1M), Japan ($28.1M), Austria ($17M), and Malaysia ($10.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Tungsten (wolfram) and articles thereof nes were Mexico ($45.2M), Chinese Taipei ($18.1M), Singapore ($15.9M), Philippines ($11.6M), and Israel ($10.6M).

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 Tungsten (wolfram) and articles thereof nes.
It is possible to select the main countries that export or import Tungsten (wolfram) and articles thereof nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tungsten (wolfram) and articles thereof nes 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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