2022
Exports
$369MWorld Rnk 1 / 119
Flag Rnk 634 / 1216
2022
PRODUCT COMPLEXITY IN Tungsten
1.45Rnk 63 / 1025
2022
Imports
$61.1MWorld Rnk 6 / 169
Flag Rnk 745 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $369M in Tungsten, making it the 1st largest exporter of Tungsten in the world. At the same year, Tungsten was the 634th most exported product in China. The main destination of Tungsten exports from China are: Japan ($89.8M), United States ($65.5M), South Korea ($58.5M), Germany ($15.2M), and United Kingdom ($12.8M).

The fastest growing export markets for Tungsten of China between 2021 and 2022 were United States ($15M), Japan ($11.5M), and Israel ($6.69M).

Imports In 2022, China imported $61.1M in Tungsten, becoming the 6th largest importer of Tungsten in the world. At the same year, Tungsten was the 745th most imported product in China. China imports Tungsten primarily from: Japan ($28.6M), Malaysia ($14.6M), United States ($3.47M), South Korea ($3.05M), and China ($2.41M).

The fastest growing import markets in Tungsten for China between 2021 and 2022 were Malaysia ($12.9M), Japan ($4.89M), and United Kingdom ($1.71M).

COMPANIES In 2023, leading companies such as TE Connectivity (38), At Home Procurement (19), and Tmall (13) were at the forefront of shipping Tungsten from China to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$1.15M(5.63%)
IMPORT GROWTH (August 2023 - August 2024)$-692k(-13.9%)
MAIN EXPORTER (August 2024)Jiangxi Province$11.5M
MAIN DESTINATION (August 2024)Japan$7.88M

This section shows Tungsten'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 Tungsten over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$369M
IMPORTS (2022)$61.1M
NET TRADE (2022)$308M

In 2022, China exported $369M in Tungsten. The main destinations of China exports on Tungsten were Japan ($89.8M), United States ($65.5M), South Korea ($58.5M), Germany ($15.2M), and United Kingdom ($12.8M).

In 2022, China imported $61.1M in Tungsten, mainly from Japan ($28.6M), Malaysia ($14.6M), United States ($3.47M), South Korea ($3.05M), and China ($2.41M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tungsten EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$15M (29.6%)
Japan$11.5M (14.6%)
Israel$6.69M (159%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten BY China WERE (2021 - 2022):
Germany-$2.74M (-15.3%)
Canada-$2.27M (-25.9%)
Singapore-$1.52M (-30.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Tungsten were:
In 2022, China's main importing competitors in Tungsten were:

Explore Visualizations

Trade Value of Tungsten by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $7.21M
TOP IMPORT POTENTIALUnited States+ $2.13M

Tungsten’s highest export potential is India. With an export gap of $7.21M.   Tungsten’s highest import potential is United States with an import gap of $2.13M.

See methodology.

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