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810193 (Harmonized System 1992 for 6-digit)

2023
World Trade $127MRnk 3942 / 4644
2023
Top Exporter | Top Importer $38.3M | $19.5MChina | United States
2023
Product Complexity 1.04Rnk 729 / 4656
2022 - 2023
Export Growth (CAGR) 9.7%Rnk 698 / 4644
2023
Share of World Trade 0.00056%Rnk 3942 / 4644

About

Overview This page contains the latest trade data of Wire, tungsten (wolfram). In 2023, Wire, tungsten (wolfram) were the world's 3942nd most traded product, with a total trade of $127M. Between 2022 and 2023 the exports of Wire, tungsten (wolfram) grew by 9.7%, from $116M to $127M. Trade in Wire, tungsten (wolfram) represent 0.00056% of total world trade.

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

Exports In 2023 the top exporters of Wire, tungsten (wolfram)  were China ($38.3M), Japan ($15M), India ($9.73M), United States ($9.66M), and Philippines ($9.23M).

Imports In 2023 the top importers of Wire, tungsten (wolfram) were United States ($19.5M), India ($15.7M), Japan ($12.4M), Germany ($9.43M), and China ($8.18M).

Ranking Wire, tungsten (wolfram) ranks 729th in the Product Complexity Index (PCI).

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 (2023)China$38.3M
Top Destination (2023)United States$19.5M

In 2023 Wire, tungsten (wolfram) were the world's 3942nd most traded product (out of 4,644).

In 2023, the top exporters of Wire, tungsten (wolfram) were China ($38.3M), Japan ($15M), India ($9.73M), United States ($9.66M), and Philippines ($9.23M).

In 2023, the top importers of Wire, tungsten (wolfram) were United States ($19.5M), India ($15.7M), Japan ($12.4M), Germany ($9.43M), and China ($8.18M).

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Exporters of Wire, tungsten (wolfram) (2023)
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Importers of Wire, tungsten (wolfram) (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 Wire, tungsten (wolfram) grew the fastest in Philippines ($8.46M), Austria ($3.46M), United States ($2.53M), India ($1.87M), and Malaysia ($1.39M).

Between 2022 and 2023, the fastest growing importers of Wire, tungsten (wolfram) were India ($5.65M), Japan ($5.01M), United States ($4.94M), Germany ($1.77M), and Singapore ($1.5M).

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Exporters of Wire, tungsten (wolfram) (2022 - 2023)

Importers of Wire, tungsten (wolfram) (2022 - 2023)

Market Concentration

Value

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

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

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Value of Exports in Wire, tungsten (wolfram)

Net Trade

TOP NET EXPORTER (2023)China$30.1M
TOP NET IMPORTER (2023)United States$9.89M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Wire, tungsten (wolfram) were China ($30.1M), Austria ($8.05M), Philippines ($7.91M), Netherlands ($4.28M), and Hungary ($3.97M).

In 2023, the countries that had a largest trade value in imports than in exports of Wire, tungsten (wolfram) were United States ($9.89M), India ($6.02M), Poland ($5.39M), Indonesia ($3.25M), and Germany ($3.14M).

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 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 (2023)

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