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2018
Exports $311MWorld Rnk 2 / 68
Flag Rnk 671 / 1216
2018
Destination $18.8M United States
2021 - 2022
FASTEST GROWING MARKET $18.8MUnited States
2022
PRODUCT COMPLEXITY IN Tantalum0.61Rnk 320 / 1025
2018
Imports $149MWorld Rnk 2 / 114
Flag Rnk 567 / 1212
2018
Origin $25.2M United States
2021 - 2022
FASTEST GROWING ORIGIN $25.2MUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2018, China exported $311M in Tantalum, making it the 2nd largest exporter of Tantalum in the world. At the same year, Tantalum was the 671st most exported product in China. The main destination of Tantalum exports from China are: United States ($121M), El Salvador ($26.4M), Germany ($22.4M), Chinese Taipei ($21.4M), and Indonesia ($17.7M).

The fastest growing export markets for Tantalum of China between 2021 and 2022 were United States ($18.8M), Germany ($9.19M), and El Salvador ($8.91M).

Imports In 2022, China imported $149M in Tantalum, becoming the 2nd largest importer of Tantalum in the world. At the same year, Tantalum was the 567th most imported product in China. China imports Tantalum primarily from: United States ($73.6M), Israel ($47.8M), South Korea ($14.2M), Germany ($4.61M), and Kazakhstan ($3.68M).

The fastest growing import markets in Tantalum for China between 2021 and 2022 were United States ($25.2M), South Korea ($5.47M), and Israel ($3.44M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (1) were at the forefront of shipping Tantalum from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Tantalum exports accounted up to $12.7M and imports accounted up to $7.74M, resulting in a positive trade balance of $4.96M. Between October 2023 and October 2024 the exports of China's   Tantalum have increased by $904k (7.66%) from $11.8M to $12.7M, while imports decreased by $-553k (-6.66%) from $8.3M to $7.74M.

Destinations In October 2024, Tantalum were exported mostly to United States ($3.85M), South Korea ($1.41M), United Kingdom ($1.13M), Philippines ($1.02M), and Indonesia ($994k), and were imported mostly from United States ($4.36M), Israel ($1.8M), Japan ($810k), Germany ($313k), and Ireland ($230k).

Growth In October 2024, the increase in Tantalum's year-by-year exports was explained primarily by an increase in exports to El Salvador ($3.59M or 2k%), Israel ($209k or 33.4%), and Russia ($111k or 52.7%). In October 2024, the decrease in Tantalum's year-by-year imports was explained primarily by a decrease in imports from Japan ($-139k or -74.4%), Germany ($-116k or -98.7%), and China ($-2.78k or -81.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$904k(7.66%)
IMPORT GROWTH (October 2023 - October 2024)$-553k(-6.66%)
MAIN EXPORTER (October 2024)Hunan Province$7.43M
MAIN DESTINATION (October 2024)United States$3.85M

This section shows Tantalum'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 Tantalum over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$311M
IMPORTS (2022)$149M
NET TRADE (2022)$162M

In 2022, China exported $311M in Tantalum. The main destinations of China exports on Tantalum were United States ($121M), El Salvador ($26.4M), Germany ($22.4M), Chinese Taipei ($21.4M), and Indonesia ($17.7M).

In 2022, China imported $149M in Tantalum, mainly from United States ($73.6M), Israel ($47.8M), South Korea ($14.2M), Germany ($4.61M), and Kazakhstan ($3.68M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tantalum EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$18.8M (18.5%)
Germany$9.19M (69.3%)
El Salvador$8.91M (50.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tantalum BY China WERE (2021 - 2022):
Netherlands-$2.4M (-69.6%)
Iran-$344k (-100%)
Croatia-$80k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Tantalum were:
United States $337M
Germany $142M
In 2022, China's main importing competitors in Tantalum were:
United States $365M
Germany $105M

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Trade Value of Tantalum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $4.27M
TOP IMPORT POTENTIALKazakhstan+ $3.15M

Tantalum’s highest export potential is South Korea. With an export gap of $4.27M.   Tantalum’s highest import potential is Kazakhstan with an import gap of $3.15M.

See methodology.

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