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2023
Exports $242MWorld Rnk 1 / 77
Flag Rnk 715 / 1215
2023
Destination $9.13M United States
2022 - 2023
FASTEST GROWING MARKET $9.13MRussia
2023
PRODUCT COMPLEXITY IN Tantalum0.62Rnk 322 / 1025
2023
Imports $86.9MWorld Rnk 2 / 120
Flag Rnk 669 / 1214
2023
Origin $977k United States
2022 - 2023
FASTEST GROWING ORIGIN $977kEthiopia
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $242M in Tantalum, making it the 1st largest exporter of Tantalum in the world. At the same year, Tantalum was the 715th most exported product in China. The main destination of Tantalum exports from China are: United States ($90.2M), El Salvador ($29.2M), United Kingdom ($20.7M), Chinese Taipei ($17.6M), and Russia ($13.3M).

The fastest growing export markets for Tantalum of China between 2022 and 2023 were Russia ($9.13M), United Kingdom ($7.81M), and Philippines ($5.01M).

Imports In 2023, China imported $86.9M in Tantalum, becoming the 2nd largest importer of Tantalum in the world. At the same year, Tantalum was the 669th most imported product in China. China imports Tantalum primarily from: United States ($46.5M), Israel ($35.3M), Japan ($1.26M), Kazakhstan ($1.22M), and Ethiopia ($1.07M).

The fastest growing import markets in Tantalum for China between 2022 and 2023 were Ethiopia ($977k), Switzerland ($114k), and Canada ($82k).

COMPANIES In 2024, leading companies such as ABB Motors and Mechanical (9) were at the forefront of shipping Tantalum from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Tantalum exports accounted up to $18.6M and imports accounted up to $10.2M, resulting in a positive trade balance of $8.48M. Between December 2023 and December 2024 the exports of China's   Tantalum have increased by $2.48M (15.3%) from $16.2M to $18.6M, while imports increased by $2.36M (30.2%) from $7.81M to $10.2M.

Destinations In December 2024, Tantalum were exported mostly to United States ($6.24M), Germany ($3.11M), India ($1.91M), El Salvador ($1.47M), and United Kingdom ($1.01M), and were imported mostly from United States ($5.57M), Israel ($2.4M), Kazakhstan ($1.07M), Japan ($956k), and Chinese Taipei ($68.2k).

Growth In December 2024, the increase in Tantalum's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($4M or 6.95k%), Netherlands ($952k or 30.4k%), and Russia ($515k or 160%). In December 2024, the increase in Tantalum's year-by-year imports was explained primarily by an increase in imports from Japan ($245k or 515%), South Korea ($11.1k or 231%), and Germany ($8.7k or 556%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$2.48M(15.3%)
IMPORT GROWTH (December 2023 - December 2024)$2.36M(30.2%)
MAIN EXPORTER (December 2024)Hunan Province$7.43M
MAIN DESTINATION (December 2024)United States$6.24M

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 (2023)$242M
IMPORTS (2023)$86.9M
NET TRADE (2023)$155M

In 2023, China exported $242M in Tantalum. The main destinations of China exports on Tantalum were United States ($90.2M), El Salvador ($29.2M), United Kingdom ($20.7M), Chinese Taipei ($17.6M), and Russia ($13.3M).

In 2023, China imported $86.9M in Tantalum, mainly from United States ($46.5M), Israel ($35.3M), Japan ($1.26M), Kazakhstan ($1.22M), and Ethiopia ($1.07M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tantalum EXPORT MARKETS FOR China WERE (2022 - 2023):
Russia$9.13M (220%)
United Kingdom$7.81M (60.5%)
Philippines$5.01M (136%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tantalum BY China WERE (2022 - 2023):
Chinese Taipei-$30M (-63.1%)
United States-$26.9M (-23%)
South Korea-$15M (-70.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Tantalum were:
United States $214M
Japan $125M
In 2023, China's main importing competitors in Tantalum were:
United States $214M
Chinese Taipei $57.5M

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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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