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810196 (Harmonized System 2002 for 6-digit)

2023
World Trade $128MRnk 4116 / 4940
2023
Top Exporter | Top Importer $38.5M | $19.5MChina | United States
2023
Product Complexity 1.03Rnk 785 / 4951
2022 - 2023
Export Growth (CAGR) 9.52%Rnk 763 / 4940
2023
Share of World Trade 0.00056%Rnk 4116 / 4940

About

Overview This page contains the latest trade data of Tungsten (wolfram): wire. In 2023, Tungsten (wolfram): wire were the world's 4116th most traded product, with a total trade of $128M. Between 2022 and 2023 the exports of Tungsten (wolfram): wire grew by 9.52%, from $117M to $128M. Trade in Tungsten (wolfram): wire represent 0.00056% of total world trade.

Tungsten (wolfram): wire are a part of Tungsten (wolfram); articles thereof, including waste and scrap.

Exports In 2023 the top exporters of Tungsten (wolfram): wire  were China ($38.5M), Japan ($15.3M), India ($9.7M), United States ($9.67M), and Philippines ($9.23M).

Imports In 2023 the top importers of Tungsten (wolfram): wire were United States ($19.5M), India ($15.7M), Japan ($12.4M), Germany ($9.41M), and China ($8.55M).

Ranking Tungsten (wolfram): wire ranks 785th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tungsten (wolfram): wire. 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$38.5M
Top Destination (2023)United States$19.5M

In 2023 Tungsten (wolfram): wire were the world's 4116th most traded product (out of 4,940).

In 2023, the top exporters of Tungsten (wolfram): wire were China ($38.5M), Japan ($15.3M), India ($9.7M), United States ($9.67M), and Philippines ($9.23M).

In 2023, the top importers of Tungsten (wolfram): wire were United States ($19.5M), India ($15.7M), Japan ($12.4M), Germany ($9.41M), and China ($8.55M).

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Exporters of Tungsten (wolfram): wire (2023)
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Importers of Tungsten (wolfram): wire (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Philippines$8.46M
Top Destination Growth (2022 -  2023)India$5.65M

Between 2022 and 2023, the exports of Tungsten (wolfram): wire grew the fastest in Philippines ($8.46M), Austria ($3.46M), United States ($2.02M), India ($1.87M), and Malaysia ($1.41M).

Between 2022 and 2023, the fastest growing importers of Tungsten (wolfram): wire were India ($5.65M), Japan ($5.01M), United States ($4.85M), Germany ($1.78M), and Singapore ($1.5M).

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Exporters of Tungsten (wolfram): wire (2022 - 2023)

Importers of Tungsten (wolfram): wire (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tungsten (wolfram): wire.

In 2023, market concentration measured using Shannon Entropy, was 3.65. This means that most of the exports of Tungsten (wolfram): wire are explained by 12 countries.

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Value of Exports in Tungsten (wolfram): wire

Net Trade

TOP NET EXPORTER (2023)China$29.9M
TOP NET IMPORTER (2023)United States$9.8M

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

In 2023, the countries that had a largest trade value in exports than in imports of Tungsten (wolfram): wire were China ($29.9M), Austria ($8.05M), Philippines ($7.92M), Netherlands ($3.99M), and Hungary ($3.97M).

In 2023, the countries that had a largest trade value in imports than in exports of Tungsten (wolfram): wire were United States ($9.8M), India ($6.04M), Poland ($5.35M), Indonesia ($3.29M), and Germany ($3.15M).

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

Top 10 Exporters Countries of Tungsten (wolfram): wire 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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