2022
Exports
$2.97MWorld Rnk 44 / 93
Flag Rnk 254 / 1074
2022
PRODUCT COMPLEXITY IN Niobium, Tantalum, Vanadium and Zirconium Ore
-2.46Rnk 1018 / 1025
2022
Imports
$1.34MWorld Rnk 45 / 116
Flag Rnk 635 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $2.97M in Niobium, Tantalum, Vanadium and Zirconium Ore, making it the 44th largest exporter of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 254th most exported product in Sri Lanka. The main destination of Niobium, Tantalum, Vanadium and Zirconium Ore exports from Sri Lanka are: Spain ($1.37M), China ($777k), India ($723k), and Italy ($101k).

The fastest growing export markets for Niobium, Tantalum, Vanadium and Zirconium Ore of Sri Lanka between 2021 and 2022 were Spain ($1.37M).

Imports In 2022, Sri Lanka imported $1.34M in Niobium, Tantalum, Vanadium and Zirconium Ore, becoming the 45th largest importer of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 635th most imported product in Sri Lanka. Sri Lanka imports Niobium, Tantalum, Vanadium and Zirconium Ore primarily from: Malaysia ($746k), Thailand ($294k), Italy ($217k), Indonesia ($61.3k), and Japan ($17.3k).

The fastest growing import markets in Niobium, Tantalum, Vanadium and Zirconium Ore for Sri Lanka between 2021 and 2022 were Thailand ($231k), Malaysia ($199k), and Indonesia ($61.3k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Niobium, Tantalum, Vanadium and Zirconium Ore. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.97M
IMPORTS (2022)$1.34M
NET TRADE (2022)$1.63M

In 2022, Sri Lanka exported $2.97M in Niobium, Tantalum, Vanadium and Zirconium Ore. The main destinations of Sri Lanka exports on Niobium, Tantalum, Vanadium and Zirconium Ore were Spain ($1.37M), China ($777k), India ($723k), and Italy ($101k).

In 2022, Sri Lanka imported $1.34M in Niobium, Tantalum, Vanadium and Zirconium Ore, mainly from Malaysia ($746k), Thailand ($294k), Italy ($217k), Indonesia ($61.3k), and Japan ($17.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Niobium, Tantalum, Vanadium and Zirconium Ore EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):Spain$1.37M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Niobium, Tantalum, Vanadium and Zirconium Ore BY Sri Lanka WERE (2021 - 2022):
India-$1.47M (-67%)
China-$1.06M (-57.7%)
Japan-$52.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Niobium, Tantalum, Vanadium and Zirconium Ore were:
In 2022, Sri Lanka's main importing competitors in Niobium, Tantalum, Vanadium and Zirconium Ore were:
China $873M
Spain $206M
India $171M

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

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1M
TOP IMPORT POTENTIALIndonesia+ $29.6k

Niobium, Tantalum, Vanadium and Zirconium Ore’s highest export potential is China. With an export gap of $1M.   Niobium, Tantalum, Vanadium and Zirconium Ore’s highest import potential is Indonesia with an import gap of $29.6k.

See methodology.

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