2022
Exports
$139MWorld Rnk 5 / 93
Flag Rnk 8 / 935
2022
PRODUCT COMPLEXITY IN Niobium, Tantalum, Vanadium and Zirconium Ore
-2.46Rnk 1018 / 1025
2022
Imports
$54.8kWorld Rnk 80 / 116
Flag Rnk 955 / 1145
2022
ECONOMIC COMPLEXITY of Senegal
-0.5Rnk 85 / 133

About

Exports In 2022, Senegal exported $139M in Niobium, Tantalum, Vanadium and Zirconium Ore, making it the 5th largest exporter of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 8th most exported product in Senegal. The main destination of Niobium, Tantalum, Vanadium and Zirconium Ore exports from Senegal are: Spain ($40.6M), China ($31M), United States ($13.5M), Netherlands ($10.5M), and Japan ($8.51M).

The fastest growing export markets for Niobium, Tantalum, Vanadium and Zirconium Ore of Senegal between 2021 and 2022 were Spain ($8.43M), China ($8.2M), and Japan ($3.91M).

Imports In 2022, Senegal imported $54.8k in Niobium, Tantalum, Vanadium and Zirconium Ore, becoming the 80th largest importer of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 955th most imported product in Senegal. Senegal imports Niobium, Tantalum, Vanadium and Zirconium Ore primarily from: United Arab Emirates ($53.2k) and United Kingdom ($1.52k).

The fastest growing import markets in Niobium, Tantalum, Vanadium and Zirconium Ore for Senegal between 2021 and 2022 were United Arab Emirates ($53.2k) and United Kingdom ($1.52k).

Latest Trends

Oct 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)$139M
IMPORTS (2022)$54.8k
NET TRADE (2022)$139M

In 2022, Senegal exported $139M in Niobium, Tantalum, Vanadium and Zirconium Ore. The main destinations of Senegal exports on Niobium, Tantalum, Vanadium and Zirconium Ore were Spain ($40.6M), China ($31M), United States ($13.5M), Netherlands ($10.5M), and Japan ($8.51M).

In 2022, Senegal imported $54.8k in Niobium, Tantalum, Vanadium and Zirconium Ore, mainly from United Arab Emirates ($53.2k) and United Kingdom ($1.52k).

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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 Senegal WERE (2021 - 2022):
Spain$8.43M (26.2%)
China$8.2M (36%)
Japan$3.91M (85.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Niobium, Tantalum, Vanadium and Zirconium Ore BY Senegal WERE (2021 - 2022):
Mexico-$4.09M (-94.4%)
Belgium-$1.45M (-24.2%)
Malaysia-$244k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Senegal's main exporting competitors in Niobium, Tantalum, Vanadium and Zirconium Ore were:
In 2022, Senegal'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
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TOP EXPORT POTENTIALChina+ $9.26M
TOP IMPORT POTENTIALUnited Kingdom+ $1.22k

Niobium, Tantalum, Vanadium and Zirconium Ore’s highest export potential is China. With an export gap of $9.26M.   Niobium, Tantalum, Vanadium and Zirconium Ore’s highest import potential is United Kingdom with an import gap of $1.22k.

See methodology.

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