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Pricing

2022
Exports $1.49BWorld Rnk 1 / 125
Flag Rnk 208 / 1217
2022
Destination $75.4M United Kingdom
2021 - 2022
FASTEST GROWING MARKET $75.4MFrance
2022
PRODUCT COMPLEXITY IN Titanium0.43Rnk 393 / 1025
2022
Imports $830MWorld Rnk 1 / 183
Flag Rnk 436 / 1216
2022
Origin $107M Japan
2021 - 2022
FASTEST GROWING ORIGIN $107MJapan
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.49B in Titanium, making it the 1st largest exporter of Titanium in the world. At the same year, Titanium was the 208th most exported product in United States. The main destination of Titanium exports from United States are: United Kingdom ($210M), France ($202M), Germany ($109M), China ($106M), and Mexico ($106M).

The fastest growing export markets for Titanium of United States between 2021 and 2022 were France ($75.4M), Mexico ($64.2M), and United Kingdom ($48M).

Imports In 2022, United States imported $830M in Titanium, becoming the 1st largest importer of Titanium in the world. At the same year, Titanium was the 436th most imported product in United States. United States imports Titanium primarily from: Japan ($285M), Germany ($84.4M), China ($77.6M), United Kingdom ($66.8M), and Russia ($63.3M).

The fastest growing import markets in Titanium for United States between 2021 and 2022 were Japan ($107M), United Kingdom ($42.4M), and Germany ($34.6M).

COMPANIES In 2023, leading companies such as At Home Procurement (1) were at the forefront of shipping Titanium to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Titanium exports accounted up to $187M and imports accounted up to $79.7M, resulting in a positive trade balance of $107M. Between June 2023 and June 2024 the exports of United States'   Titanium have increased by $33.5M (21.9%) from $153M to $187M, while imports decreased by $-1.39M (-1.71%) from $81.1M to $79.7M.

Destinations In June 2024, Titanium were exported mostly to United Kingdom ($31.6M), France ($23.5M), Mexico ($18.9M), China ($15.4M), and Japan ($11.9M), and were imported mostly from Japan ($16.1M), China ($9.68M), Saudi Arabia ($9.59M), United Kingdom ($7.6M), and Germany ($6.65M).

Growth In June 2024, the increase in Titanium's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($11.2M or 81.6%), Belgium ($5.01M or 238%), and Canada ($3.44M or 60.4%). In June 2024, the decrease in Titanium's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-961k or -59.9%), Mexico ($-343k or -16.9%), and Austria ($-328k or -80.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$33.5M(21.9%)
IMPORT GROWTH (June 2023 - June 2024)$-1.39M(-1.71%)
MAIN EXPORTER (June 2024)Ohio$54.5M
MAIN DESTINATION (June 2024)United Kingdom$31.6M

This section shows Titanium's exports and imports data at subnational level for United States. 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 Titanium over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.49B
IMPORTS (2022)$830M
NET TRADE (2022)$659M

In 2022, United States exported $1.49B in Titanium. The main destinations of United States exports on Titanium were United Kingdom ($210M), France ($202M), Germany ($109M), China ($106M), and Mexico ($106M).

In 2022, United States imported $830M in Titanium, mainly from Japan ($285M), Germany ($84.4M), China ($77.6M), United Kingdom ($66.8M), and Russia ($63.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Titanium EXPORT MARKETS FOR United States WERE (2021 - 2022):
France$75.4M (59.7%)
Mexico$64.2M (155%)
United Kingdom$48M (29.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Titanium BY United States WERE (2021 - 2022):
Russia-$7.44M (-86.7%)
Ukraine-$2.06M (-83.9%)
Estonia-$1.34M (-35.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Titanium were:
China $818M
Japan $703M
In 2022, United States's main importing competitors in Titanium were:
Germany $828M
France $743M

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Trade Value of Titanium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $16.4M
TOP IMPORT POTENTIALCanada+ $19.6M

Titanium’s highest export potential is Canada. With an export gap of $16.4M.   Titanium’s highest import potential is Canada with an import gap of $19.6M.

See methodology.

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