HS Icon Titanium ores and concentrates

261400 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Titanium ores and concentrates. In 2019, Titanium ores and concentrates were the world's 1115th most traded product, with a total trade of $2.56B. Between 2018 and 2019 the exports of Titanium ores and concentrates decreased by -1.74%, from $2.6B to $2.56B. Trade in Titanium ores and concentrates represent 0.014% of total world trade.

Titanium ores and concentrates are a part of Titanium Ore.

Exports In 2019 the top exporters of Titanium ores and concentrates  were South Africa ($583M), Australia ($305M), Mozambique ($227M), Sierra Leone ($194M), and Ukraine ($186M).

Imports In 2019 the top importers of Titanium ores and concentrates were United States ($449M), China ($335M), Japan ($231M), Germany ($226M), and Netherlands ($203M).

Tariffs In 2018 the average tariff for Titanium ores and concentrates was 1.94%, making it the 6284th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Titanium ores and concentrates are Bahamas (40.2%), Bhutan (29.4%), Bermuda (25%), and Cayman Islands (22%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking Titanium ores and concentrates ranks 4431st in the Product Complexity Index (PCI).

Description Titanium ores can be used to produce titanium dioxide pigment, which is used in paint and sunscreen. Titanium ores can also be used to produce titanium metal, which is used to produce aircraft, missiles, and deep-sea vessels. Titanium ores can be used to produce the titanium dioxide pigment, titanium metal, and titanium sponge. Titanium sponge is used to produce the titanium dioxide pigment and titanium metal.

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The following visualization shows the latest trends on Titanium ores and concentrates. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using October 2021 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): South Africa, $583M

Top Destination (2019): United States, $449M

Titanium ores and concentrates are the world's 1115th most traded product.

In 2019, the top exporters of Titanium ores and concentrates were South Africa ($583M), Australia ($305M), Mozambique ($227M), Sierra Leone ($194M), and Ukraine ($186M).

In 2019, the top importers of Titanium ores and concentrates were United States ($449M), China ($335M), Japan ($231M), Germany ($226M), and Netherlands ($203M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Ukraine, $60.2M

Top Destination Growth (2018 - 2019): United States, $132M

Between 2018 and 2019, the exports of Titanium ores and concentrates grew the fastest in Ukraine ($60.2M), Sierra Leone ($37M), Norway ($18.8M), Senegal ($18.7M), and Madagascar ($18.2M).

Between 2018 and 2019, the fastest growing importers of Titanium ores and concentrates were United States ($132M), Russia ($79.4M), Japan ($44.5M), Kazakhstan ($34.1M), and Netherlands ($19.9M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Titanium ores and concentrates.

In 2019,  market concentration measured using Shannon Entropy, was 3.79. This means that most of the exports of Titanium ores and concentrates are explained by 13 countries.

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TOP NET EXPORTER (2019): South Africa, $578M

TOP NET IMPORTER (2019): United States, $408M

This map shows which countries export or import more of Titanium ores and concentrates. Each country is colored based on the difference in exports and imports of Titanium ores and concentrates during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Titanium ores and concentrates were South Africa ($578M), Australia ($295M), Mozambique ($224M), Sierra Leone ($194M), and Ukraine ($185M).

In 2019, the countries that had a largest trade value in imports than in exports of Titanium ores and concentrates were United States ($408M), China ($308M), Japan ($231M), Germany ($223M), and Netherlands ($192M).

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Titanium ores and concentrates.
It is possible to select the main countries that export or import Titanium ores and concentrates in the world, or by continent, as well as select the measure of interest.

Import Tariffs

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In 2018, the average tariff for importing Titanium ores and concentrates was 1.94%. The countries with the highest tariffs for importing Titanium ores and concentrates were Bahamas (40.2%), Bhutan (29.4%), Bermuda (25%), and Cayman Islands (22%).

Product Complexity

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Diversification Frontier

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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.