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2023
Exports $2.43MWorld Rnk 15 / 66
Flag Rnk 787 / 1173
2023
Destination $858k Chinese Taipei
2022 - 2023
FASTEST GROWING MARKET $858kChinese Taipei
2023
Imports $29.3MWorld Rnk 4 / 62
Flag Rnk 629 / 1199
2023
Origin $5.67MN/A
2022 - 2023
FASTEST GROWING ORIGIN $5.67MAustralia
2023
ECONOMIC COMPLEXITY of Vietnam0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $2.43M in Tungsten Ore, making it the 15th largest exporter of Tungsten Ore in the world. At the same year, Tungsten Ore was the 787th most exported product in Vietnam. The main destination of Tungsten Ore exports from Vietnam are: Chinese Taipei ($858k), Malaysia ($826k), China ($741k), and Germany ($1).

The fastest growing export markets for Tungsten Ore of Vietnam between 2022 and 2023 were Chinese Taipei ($858k), Malaysia ($826k), and Germany ($1).

Imports In 2023, Vietnam imported $29.3M in Tungsten Ore, becoming the 4th largest importer of Tungsten Ore in the world. At the same year, Tungsten Ore was the 629th most imported product in Vietnam. Vietnam imports Tungsten Ore primarily from: N/A.

The fastest growing import markets in Tungsten Ore for Vietnam between 2022 and 2023 were Australia ($5.67M), Singapore ($5.32M), and Spain ($1.26M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Tungsten Ore. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.43M
IMPORTS (2023)$29.3M
NET TRADE (2023)-$26.8M

In 2023, Vietnam exported $2.43M in Tungsten Ore. The main destinations of Vietnam exports on Tungsten Ore were Chinese Taipei ($858k), Malaysia ($826k), China ($741k), and Germany ($1).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tungsten Ore EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Chinese Taipei$858k (1%)
Malaysia$826k (1%)
Germany$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten Ore BY Vietnam WERE (2022 - 2023):
Hong Kong-$972k (-100%)
China-$709k (-48.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Tungsten Ore were:
Spain $42.1M
Bolivia $34.9M
North Korea $25.9M
In 2023, Vietnam's main importing competitors in Tungsten Ore were:
China $55.2M
United States $45.2M
Austria $35.8M

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Trade Value of Tungsten Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $698k
TOP IMPORT POTENTIALBolivia+ $214k

Tungsten Ore’s highest export potential is China. With an export gap of $698k.   Tungsten Ore’s highest import potential is Bolivia with an import gap of $214k.

See methodology.

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