2023
Exports
$25.5MWorld Rnk 20 / 100
Flag Rnk 1018 / 1215
2023
PRODUCT COMPLEXITY IN Niobium, Tantalum, Vanadium and Zirconium Ore
-2.53Rnk 1020 / 1025
2023
Imports
$1.1BWorld Rnk 1 / 111
Flag Rnk 204 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $25.5M in Niobium, Tantalum, Vanadium and Zirconium Ore, making it the 20th largest exporter of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 1018th most exported product in China. The main destination of Niobium, Tantalum, Vanadium and Zirconium Ore exports from China are: Spain ($3.47M), South Korea ($2.86M), Russia ($2.79M), Ghana ($2.31M), and Kazakhstan ($2.1M).

The fastest growing export markets for Niobium, Tantalum, Vanadium and Zirconium Ore of China between 2022 and 2023 were South Korea ($2.54M), Kazakhstan ($1.85M), and Zambia ($1.34M).

Imports In 2023, China imported $1.1B in Niobium, Tantalum, Vanadium and Zirconium Ore, becoming the 1st largest importer of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 204th most imported product in China. China imports Niobium, Tantalum, Vanadium and Zirconium Ore primarily from: South Africa ($317M), Mozambique ($134M), Nigeria ($113M), Rwanda ($81.6M), and Indonesia ($68.1M).

The fastest growing import markets in Niobium, Tantalum, Vanadium and Zirconium Ore for China between 2022 and 2023 were Rwanda ($67.3M), Mozambique ($41.1M), and Nigeria ($24.8M).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-56.9k(-5.7%)
IMPORT GROWTH (December 2023 - December 2024)$17.3M(14.7%)
MAIN EXPORTER (December 2024)Shandong Province$8.25M
MAIN DESTINATION (December 2024)India$450k

This section shows Niobium, Tantalum, Vanadium and Zirconium Ore's exports and imports data at subnational level for China. 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 Niobium, Tantalum, Vanadium and Zirconium Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$25.5M
IMPORTS (2023)$1.1B
NET TRADE (2023)-$1.07B

In 2023, China exported $25.5M in Niobium, Tantalum, Vanadium and Zirconium Ore. The main destinations of China exports on Niobium, Tantalum, Vanadium and Zirconium Ore were Spain ($3.47M), South Korea ($2.86M), Russia ($2.79M), Ghana ($2.31M), and Kazakhstan ($2.1M).

In 2023, China imported $1.1B in Niobium, Tantalum, Vanadium and Zirconium Ore, mainly from South Africa ($317M), Mozambique ($134M), Nigeria ($113M), Rwanda ($81.6M), and Indonesia ($68.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Niobium, Tantalum, Vanadium and Zirconium Ore EXPORT MARKETS FOR China WERE (2022 - 2023):
South Korea$2.54M (796%)
Kazakhstan$1.85M (735%)
Zambia$1.34M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Niobium, Tantalum, Vanadium and Zirconium Ore BY China WERE (2022 - 2023):
Ecuador-$2.01M (-94.2%)
India-$1.52M (-62%)
United Kingdom-$1.18M (-73.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Niobium, Tantalum, Vanadium and Zirconium Ore were:
In 2023, China's main importing competitors in Niobium, Tantalum, Vanadium and Zirconium Ore were:
Spain $184M
India $164M

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Trade Value of Niobium, Tantalum, Vanadium and Zirconium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.85M
TOP IMPORT POTENTIALAustralia+ $17.8M

Niobium, Tantalum, Vanadium and Zirconium Ore’s highest export potential is India. With an export gap of $2.85M.   Niobium, Tantalum, Vanadium and Zirconium Ore’s highest import potential is Australia with an import gap of $17.8M.

See methodology.

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