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2022
Exports $1.6MWorld Rnk 23 / 65
Flag Rnk 990 / 1210
2022
Destination $684k Vietnam
2021 - 2022
FASTEST GROWING MARKET $684kVietnam
2022
Imports $1.66MWorld Rnk 12 / 65
Flag Rnk 1117 / 1213
2022
Origin $331k Bolivia
2021 - 2022
FASTEST GROWING ORIGIN $331kBolivia
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $1.6M in Tungsten Ore, making it the 23rd largest exporter of Tungsten Ore in the world. At the same year, Tungsten Ore was the 990th most exported product in Canada. The main destination of Tungsten Ore exports from Canada are: Vietnam ($972k), United States ($585k), and India ($41.1k).

The fastest growing export markets for Tungsten Ore of Canada between 2021 and 2022 were Vietnam ($684k), United States ($585k), and India ($41.1k).

Imports In 2022, Canada imported $1.66M in Tungsten Ore, becoming the 12th largest importer of Tungsten Ore in the world. At the same year, Tungsten Ore was the 1117th most imported product in Canada. Canada imports Tungsten Ore primarily from: Bolivia ($1.66M), United States ($26), Mexico ($10), and Austria ($1).

The fastest growing import markets in Tungsten Ore for Canada between 2021 and 2022 were Bolivia ($331k), Mexico ($10), and Austria ($1).

Latest Trends

April 2024

About

Overview In April 2024 Canada's Tungsten Ore exports accounted up to C$8.55k and imports accounted up to C$104, resulting in a positive trade balance of C$8.44k. Between November 2019 and April 2024 the exports of Canada's   Tungsten Ore have decreased by C$-50.7k (-85.6%) from C$59.2k to C$8.55k, while imports decreased by C$-17k (-99.4%) from C$17.1k to C$104.

Destinations In April 2024, Tungsten Ore were exported mostly to , and were imported mostly from .

Growth In April 2024, the decrease in Tungsten Ore's year-by-year exports was explained primarily by a decrease in exports to . In May 2024, the decrease in Tungsten Ore's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2019 - April 2024)C$-50.7k(-85.6%)
IMPORT GROWTH (August 2021 - May 2024)C$-17k(-99.4%)
MAIN EXPORTER (April 2024)AlbertaC$8.55k
MAIN DESTINATION (April 2024)

This section shows Tungsten Ore's exports and imports data at subnational level for Canada. 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 Tungsten Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.6M
IMPORTS (2022)$1.66M
NET TRADE (2022)-$62.2k

In 2022, Canada exported $1.6M in Tungsten Ore. The main destinations of Canada exports on Tungsten Ore were Vietnam ($972k), United States ($585k), and India ($41.1k).

In 2022, Canada imported $1.66M in Tungsten Ore, mainly from Bolivia ($1.66M), United States ($26), Mexico ($10), and Austria ($1).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tungsten Ore EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Vietnam$684k (238%)
United States$585k (1%)
India$41.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten Ore BY Canada WERE (2021 - 2022):
Russia-$760 (-100%)
South Africa-$161 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Tungsten Ore were:
Rwanda $52.7M
Spain $40.7M
North Korea $30.9M
In 2022, Canada's main importing competitors in Tungsten Ore were:
China $60.3M
United States $48.2M
Austria $41.4M

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Trade Value of Tungsten Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $477k
TOP IMPORT POTENTIALUnited States+ $1.66k

Tungsten Ore’s highest export potential is United States. With an export gap of $477k.   Tungsten Ore’s highest import potential is United States with an import gap of $1.66k.

See methodology.

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