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2022
Exports $4.11MWorld Rnk 8 / 47
Flag Rnk 3718 / 4632
2022
Destination $50kN/A
2021 - 2022
FASTEST GROWING MARKET $50kCameroon
2022
Imports $84MWorld Rnk 1 / 102
Flag Rnk 2239 / 4573
2022
Origin $16.1M China
2021 - 2022
FASTEST GROWING ORIGIN $16.1MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

The fastest growing export markets for Metallic tungstates (wolframates) of United States between 2021 and 2022 were Cameroon ($50k), South Korea ($48k), and Japan ($32.5k).

Imports In 2022, United States imported $84M in Metallic tungstates (wolframates), becoming the 1st largest importer of Metallic tungstates (wolframates) in the world. At the same year, Metallic tungstates (wolframates) was the 2239th most imported product in United States. United States imports Metallic tungstates (wolframates) primarily from: China ($36.2M), Germany ($16.9M), Chinese Taipei ($14.4M), Vietnam ($10.3M), and India ($4.32M).

The fastest growing import markets in Metallic tungstates (wolframates) for United States between 2021 and 2022 were China ($16.1M), Germany ($6.49M), and Vietnam ($2.22M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Metallic tungstates (wolframates) to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Metallic tungstates (wolframates) exports accounted up to $218k and imports accounted up to $11.1M, resulting in a negative trade balance of $10.9M. Between June 2023 and June 2024 the exports of United States'   Metallic tungstates (wolframates) have increased by $192k (749%) from $25.6k to $218k, while imports increased by $6.52M (141%) from $4.62M to $11.1M.

Destinations In June 2024, Metallic tungstates (wolframates) were exported mostly to China ($187k), Vietnam ($31.1k), South Africa ($0), South Korea ($0), and Saudi Arabia ($0), and were imported mostly from China ($6.49M), Germany ($2.11M), Chinese Taipei ($1.12M), Philippines ($697k), and India ($392k).

Growth In June 2024, the increase in Metallic tungstates (wolframates)'s year-by-year exports was explained primarily by an increase in exports to Mexico ($3.33k or 74.3%). In June 2024, the increase in Metallic tungstates (wolframates)'s year-by-year imports was explained primarily by an increase in imports from China ($2.44M or 108%), India ($777k or 578%), and Chinese Taipei ($125k or 12.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$192k(749%)
IMPORT GROWTH (June 2023 - June 2024)$6.52M(141%)
MAIN DESTINATION (June 2024)China$187k

This section shows Metallic tungstates (wolframates)'s exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Metallic tungstates (wolframates) over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.11M
IMPORTS (2022)$84M
NET TRADE (2022)-$79.9M

In 2022, United States imported $84M in Metallic tungstates (wolframates), mainly from China ($36.2M), Germany ($16.9M), Chinese Taipei ($14.4M), Vietnam ($10.3M), and India ($4.32M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metallic tungstates (wolframates) EXPORT MARKETS FOR United States WERE (2021 - 2022):
Cameroon$50k (1%)
South Korea$48k (78.1%)
Japan$32.5k (339%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metallic tungstates (wolframates) BY United States WERE (2021 - 2022):
Vietnam-$4.93M (-90.9%)
Denmark-$2.17M (-99.9%)
China-$1.28M (-28.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United States's main exporting competitors in Metallic tungstates (wolframates) were:
China $132M
Vietnam $60.5M
Chinese Taipei $32M
In 2022, United States's main importing competitors in Metallic tungstates (wolframates) were:
Netherlands $59.2M
Japan $36.8M

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Trade Value of Metallic tungstates (wolframates) by Exporters

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