Tantalum in United Kingdom | The Observatory of Economic Complexity

About

Exports In 2022, United Kingdom exported $13.6M in Tantalum, making it the 13th largest exporter of Tantalum in the world. At the same year, Tantalum was the 801st most exported product in United Kingdom. The main destination of Tantalum exports from United Kingdom are: United States ($5.55M), Australia ($2.82M), France ($2.11M), Germany ($1.54M), and Belgium ($703k).

The fastest growing export markets for Tantalum of United Kingdom between 2021 and 2022 were United States ($3.86M), Germany ($416k), and Belgium ($320k).

Imports In 2022, United Kingdom imported $36.5M in Tantalum, becoming the 10th largest importer of Tantalum in the world. At the same year, Tantalum was the 809th most imported product in United Kingdom. United Kingdom imports Tantalum primarily from: China ($15.9M), United States ($6.01M), Germany ($3.08M), France ($2.68M), and Austria ($2.66M).

The fastest growing import markets in Tantalum for United Kingdom between 2021 and 2022 were United States ($2.24M), Austria ($1.79M), and Germany ($1.73M).

Latest Trends

March 2024

About

Overview In March 2024 United Kingdom's Tantalum exports accounted up to £2.11M and imports accounted up to £2.41M, resulting in a negative trade balance of £305k. Between March 2023 and March 2024 the exports of United Kingdom's Tantalum have increased by £1.83M (660%) from £277k to £2.11M, while imports decreased by £-2.94M (-55%) from £5.36M to £2.41M.

Destinations In March 2024, Tantalum were exported mostly to United States (£1.4M), Australia (£314k), France (£225k), India (£80.4k), and Germany (£66.4k), and were imported mostly from China (£1.93M), Hong Kong (£234k), France (£97.9k), Germany (£66.2k), and Denmark (£24.7k).

Growth In March 2024, the increase in Tantalum's year-by-year exports was explained primarily by an increase in exports to Germany (£35.8k or 42.2%) and India (£4.35k or 25.2%). In March 2024, the decrease in Tantalum's year-by-year imports was explained primarily by a decrease in imports from Netherlands (£-305k or -57.2%) and Germany (£-146k or -91%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)£1.83M(660%)

IMPORT GROWTH (March 2023 - March 2024)£-2.94M(-55%)

MAIN EXPORTER (March 2024)Southampton£1.71M

MAIN DESTINATION (March 2024)United States£1.4M

This section shows Tantalum's exports and imports data at subnational level for United Kingdom. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$13.6M

IMPORTS (2022)$36.5M

NET TRADE (2022)-$22.8M

In 2022, United Kingdom exported $13.6M in Tantalum. The main destinations of United Kingdom exports on Tantalum were United States ($5.55M), Australia ($2.82M), France ($2.11M), Germany ($1.54M), and Belgium ($703k).

In 2022, United Kingdom imported $36.5M in Tantalum, mainly from China ($15.9M), United States ($6.01M), Germany ($3.08M), France ($2.68M), and Austria ($2.66M).

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