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810193 (Harmonized System 1992 for 6-digit)

2022
World Trade $119MRnk 4019 / 4648
2022
Top Exporter | Top Importer $43.4M | $13.8MChina | United States
2022
Product Complexity 1.38Rnk 283 / 4653
2021 - 2022
Export Growth (CAGR) 6.27%Rnk 2057 / 4648
2022
Share of World Trade 0.0005%Rnk 4019 / 4648

About

Overview This page contains the latest trade data of Wire, tungsten (wolfram). In 2022, Wire, tungsten (wolfram) were the world's 4019th most traded product, with a total trade of $119M. Between 2021 and 2022 the exports of Wire, tungsten (wolfram) grew by 6.27%, from $112M to $119M. Trade in Wire, tungsten (wolfram) represent 0.0005% of total world trade.

Wire, tungsten (wolfram) are a part of Tungsten.

Exports In 2022 the top exporters of Wire, tungsten (wolfram)  were China ($43.4M), Japan ($16.2M), United States ($12.4M), India ($7M), and Germany ($5.64M).

Imports In 2022 the top importers of Wire, tungsten (wolfram) were United States ($13.8M), India ($10M), South Korea ($9.86M), Germany ($8.18M), and Japan ($7.56M).

Ranking Wire, tungsten (wolfram) ranks 283rd in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Wire, tungsten (wolfram). 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 (2022)China$43.4M
Top Destination (2022)United States$13.8M

In 2022 Wire, tungsten (wolfram) were the world's 4019th most traded product (out of 4,648).

In 2022, the top exporters of Wire, tungsten (wolfram) were China ($43.4M), Japan ($16.2M), United States ($12.4M), India ($7M), and Germany ($5.64M).

In 2022, the top importers of Wire, tungsten (wolfram) were United States ($13.8M), India ($10M), South Korea ($9.86M), Germany ($8.18M), and Japan ($7.56M).

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Exporters of Wire, tungsten (wolfram) (2022)
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Importers of Wire, tungsten (wolfram) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$6.29M
Top Destination Growth (2021 -  2022)Costa Rica$3.09M

Between 2021 and 2022, the exports of Wire, tungsten (wolfram) grew the fastest in United States ($6.29M), China ($2.08M), Netherlands ($1.81M), Hungary ($1.54M), and Philippines ($714k).

Between 2021 and 2022, the fastest growing importers of Wire, tungsten (wolfram) were Costa Rica ($3.09M), United States ($2.57M), Honduras ($1.94M), India ($1.06M), and Mexico ($706k).

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Exporters of Wire, tungsten (wolfram) (2021 - 2022)

Importers of Wire, tungsten (wolfram) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wire, tungsten (wolfram).

In 2022, market concentration measured using Shannon Entropy, was 3.35. This means that most of the exports of Wire, tungsten (wolfram) are explained by 10 countries.

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Value of Exports in Wire, tungsten (wolfram)

Net Trade

TOP NET EXPORTER (2022)China$36.6M
TOP NET IMPORTER (2022)Costa Rica$6.29M

This map shows which countries export or import more of Wire, tungsten (wolfram). Each country is colored based on the difference in exports and imports of Wire, tungsten (wolfram) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Wire, tungsten (wolfram) were China ($36.6M), Japan ($8.65M), Austria ($5.28M), Hungary ($2.7M), and Netherlands ($2.63M).

In 2022, the countries that had a largest trade value in imports than in exports of Wire, tungsten (wolfram) were Costa Rica ($6.29M), South Korea ($5.9M), Poland ($4.87M), Vietnam ($3.63M), and India ($3.02M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Wire, tungsten (wolfram) 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 (2022)

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