Overview: This page contains the latest trade data of Titanium Ore. In 2018, Titanium Ore were the world's 662nd most traded product, with a total trade of $2.62B. Between 2017 and 2018 the exports of Titanium Ore grew by 23.4%, from $2.12B to $2.62B. Trade in Titanium Ore represent 0.014% of total world trade.
Tariffs: In 2018 the average tariff for Titanium Ore was 1.9%, making it the 1245th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Titanium Ore are Bahamas (40.2%), Bermuda (25%), Aruba (12%), Panama (10%), and Nepal (9.89%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Titanium Ore ranks 942nd in the Product Complexity Index (PCI).
This chart shows the evolution of the market concentration of exports of Titanium Ore.
In 2018, market concentration measured using Shannon Entropy, was 3.74. This means that most of the exports of Titanium Ore are explained by 13 countries.
This map shows which countries export or import more of Titanium Ore. Each country is colored based on the difference in exports and imports of Titanium Ore during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Titanium Ore were South Africa ($636M), Mozambique ($275M), Australia ($272M), Kenya ($152M), and Sierra Leone ($145M).
In 2018, the countries that had a largest trade value in imports than in exports of Titanium Ore were China ($388M), United States ($288M), Germany ($261M), Netherlands ($175M), and United Kingdom ($169M).
In 2018, the average tariff for importing Titanium Ore was 1.9%. The countries with the highest tariffs for importing Titanium Ore were Bahamas (40.2%), Bermuda (25%), Aruba (12%), Panama (10%), and Nepal (9.89%).
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.