2022
Exports
$145MWorld Rnk 3 / 119
Flag Rnk 667 / 1217
2022
PRODUCT COMPLEXITY IN Tungsten
1.45Rnk 63 / 1025
2022
Imports
$236MWorld Rnk 1 / 169
Flag Rnk 725 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $145M in Tungsten, making it the 3rd largest exporter of Tungsten in the world. At the same year, Tungsten was the 667th most exported product in United States. The main destination of Tungsten exports from United States are: Canada ($36.3M), Mexico ($31.7M), Germany ($11.6M), Finland ($8.16M), and Costa Rica ($7.54M).

The fastest growing export markets for Tungsten of United States between 2021 and 2022 were Canada ($11.7M), Malaysia ($4.7M), and Mexico ($4.43M).

Imports In 2022, United States imported $236M in Tungsten, becoming the 1st largest importer of Tungsten in the world. At the same year, Tungsten was the 725th most imported product in United States. United States imports Tungsten primarily from: China ($65.5M), Germany ($34.1M), Canada ($30.2M), Austria ($23.9M), and Japan ($12.7M).

The fastest growing import markets in Tungsten for United States between 2021 and 2022 were Canada ($15.6M), China ($15M), and Austria ($11.1M).

COMPANIES In 2023, leading companies such as Home Depot (77), Hyosung (67), and TE Connectivity (40) were at the forefront of shipping Tungsten to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$1.09M(9.13%)
IMPORT GROWTH (August 2023 - August 2024)$-63.4k(-0.4%)
MAIN EXPORTER (August 2024)California$5.6M
MAIN DESTINATION (August 2024)Mexico$4.5M

This section shows Tungsten'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 Tungsten over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$145M
IMPORTS (2022)$236M
NET TRADE (2022)-$91.4M

In 2022, United States exported $145M in Tungsten. The main destinations of United States exports on Tungsten were Canada ($36.3M), Mexico ($31.7M), Germany ($11.6M), Finland ($8.16M), and Costa Rica ($7.54M).

In 2022, United States imported $236M in Tungsten, mainly from China ($65.5M), Germany ($34.1M), Canada ($30.2M), Austria ($23.9M), and Japan ($12.7M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tungsten EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$11.7M (47.4%)
Malaysia$4.7M (245%)
Mexico$4.43M (16.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten BY United States WERE (2021 - 2022):
Finland-$1.74M (-17.5%)
China-$589k (-14.5%)
El Salvador-$500k (-94.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Tungsten by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.13M
TOP IMPORT POTENTIALCanada+ $5.21M

Tungsten’s highest export potential is China. With an export gap of $2.13M.   Tungsten’s highest import potential is Canada with an import gap of $5.21M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with