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Pricing

810890 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.05BRnk 756 / 4648
2022
Top Exporter | Top Importer $1.35B | $754MUnited States | Germany
2022
Product Complexity 0.91Rnk 913 / 4653
2021 - 2022
Export Growth (CAGR) 44.2%Rnk 211 / 4648
2022
Share of World Trade 0.021%Rnk 756 / 4648

About

Overview This page contains the latest trade data of Titanium, articles thereof, nes. In 2022, Titanium, articles thereof, nes were the world's 756th most traded product, with a total trade of $5.05B. Between 2021 and 2022 the exports of Titanium, articles thereof, nes grew by 44.2%, from $3.5B to $5.05B. Trade in Titanium, articles thereof, nes represent 0.021% of total world trade.

Titanium, articles thereof, nes are a part of Titanium.

Exports In 2022 the top exporters of Titanium, articles thereof, nes  were United States ($1.35B), China ($764M), Russia ($629M), Germany ($482M), and United Kingdom ($432M).

Imports In 2022 the top importers of Titanium, articles thereof, nes were Germany ($754M), France ($662M), United Kingdom ($408M), China ($385M), and United States ($367M).

Ranking Titanium, articles thereof, nes ranks 913th in the Product Complexity Index (PCI).

Description Titanium is used in a variety of products, ranging from golf clubs to bicycles to medical equipment. Titanium is most often used in producing objects that need to be lightweight, such as golf clubs and bicycles.

Latest Trends

Latest Data

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Flow
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The following visualization shows the latest trends on Titanium, articles thereof, nes. 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)United States$1.35B
Top Destination (2022)Germany$754M

In 2022 Titanium, articles thereof, nes were the world's 756th most traded product (out of 4,648).

In 2022, the top exporters of Titanium, articles thereof, nes were United States ($1.35B), China ($764M), Russia ($629M), Germany ($482M), and United Kingdom ($432M).

In 2022, the top importers of Titanium, articles thereof, nes were Germany ($754M), France ($662M), United Kingdom ($408M), China ($385M), and United States ($367M).

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Exporters of Titanium, articles thereof, nes (2022)
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Importers of Titanium, articles thereof, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$384M
Top Destination Growth (2021 -  2022)Germany$341M

Between 2021 and 2022, the exports of Titanium, articles thereof, nes grew the fastest in United States ($384M), Russia ($322M), France ($203M), China ($182M), and Germany ($161M).

Between 2021 and 2022, the fastest growing importers of Titanium, articles thereof, nes were Germany ($341M), France ($274M), United Kingdom ($166M), United States ($71.1M), and China ($65.9M).

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Exporters of Titanium, articles thereof, nes (2021 - 2022)

Importers of Titanium, articles thereof, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Titanium, articles thereof, nes.

In 2022, market concentration measured using Shannon Entropy, was 3.54. This means that most of the exports of Titanium, articles thereof, nes are explained by 11 countries.

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Value of Exports in Titanium, articles thereof, nes

Net Trade

TOP NET EXPORTER (2022)United States$984M
TOP NET IMPORTER (2022)France$355M

This map shows which countries export or import more of Titanium, articles thereof, nes. Each country is colored based on the difference in exports and imports of Titanium, articles thereof, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Titanium, articles thereof, nes were United States ($984M), Russia ($607M), China ($378M), Japan ($153M), and United Kingdom ($23.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Titanium, articles thereof, nes were France ($355M), Germany ($272M), South Korea ($147M), Canada ($115M), and Switzerland ($103M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Titanium, articles thereof, nes 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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