Overview: This page contains the latest trade data of Titanium. In 2019, Titanium were the world's 431st most traded product, with a total trade of $6.65B. Between 2018 and 2019 the exports of Titanium grew by 6.77%, from $6.22B to $6.65B. Trade in Titanium represent 0.037% of total world trade.
Exports: In 2019 the top exporters of Titanium were United States ($2.09B), Russia ($680M), Japan ($671M), Germany ($595M), and China ($538M).
Imports: In 2019 the top importers of Titanium were United States ($1B), France ($755M), Germany ($722M), United Kingdom ($597M), and China ($389M).
Tariffs: In 2018 the average tariff for Titanium was 3.02%, making it the 1136th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Titanium are Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Mauritania (15%), and Nepal (14.8%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Titanium ranks 405th in the Product Complexity Index (PCI).
Description: Titanium is a chemical element that is used in the production of many different products. Titanium can be found in the form of titanium dioxide, which is used to make white paint. Titanium can also be found in the form of titanium tetrachloride, which is used to make jet fuel.