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284180 (Harmonized System 1992 for 6-digit)

2023
World Trade $210MRnk 3631 / 4644
2023
Top Exporter | Top Importer $73.8M | $76.5MChina | United States
2023
Product Complexity 0.7Rnk 1286 / 4656
2022 - 2023
Export Growth (CAGR) -15.8%Rnk 3311 / 4644
2023
Share of World Trade 0.00093%Rnk 3631 / 4644

About

Overview This page contains the latest trade data of Metallic tungstates (wolframates). In 2023, Metallic tungstates (wolframates) were the world's 3631st most traded product, with a total trade of $210M. Between 2022 and 2023 the exports of Metallic tungstates (wolframates) decreased by -15.8%, from $250M to $210M. Trade in Metallic tungstates (wolframates) represent 0.00093% of total world trade.

Metallic tungstates (wolframates) are a part of Oxometallic or Peroxometallic Acid Salts.

Exports In 2023 the top exporters of Metallic tungstates (wolframates)  were China ($73.8M), Chinese Taipei ($44.8M), Philippines ($26.7M), Germany ($25.5M), and Vietnam ($14M).

Imports In 2023 the top importers of Metallic tungstates (wolframates) were United States ($76.5M), China ($58.1M), Japan ($21.6M), France ($13M), and Vietnam ($9.76M).

Ranking Metallic tungstates (wolframates) ranks 1286th in the Product Complexity Index (PCI).

Description Metallic tungstates (wolframates) are used in a multitude of industries such as abrasives, ceramics, and in the production of tungsten carbide.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Metallic tungstates (wolframates). Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$73.8M
Top Destination (2023)United States$76.5M

In 2023 Metallic tungstates (wolframates) were the world's 3631st most traded product (out of 4,644).

In 2023, the top exporters of Metallic tungstates (wolframates) were China ($73.8M), Chinese Taipei ($44.8M), Philippines ($26.7M), Germany ($25.5M), and Vietnam ($14M).

In 2023, the top importers of Metallic tungstates (wolframates) were United States ($76.5M), China ($58.1M), Japan ($21.6M), France ($13M), and Vietnam ($9.76M).

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Exporters of Metallic tungstates (wolframates) (2023)
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Importers of Metallic tungstates (wolframates) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Chinese Taipei$12.6M
Top Destination Growth (2022 -  2023)China$20.1M

Between 2022 and 2023, the exports of Metallic tungstates (wolframates) grew the fastest in Chinese Taipei ($12.6M), Philippines ($6.23M), Germany ($3.13M), Japan ($423k), and Kuwait ($396k).

Between 2022 and 2023, the fastest growing importers of Metallic tungstates (wolframates) were China ($20.1M), Russia ($980k), Belgium ($477k), South Korea ($431k), and Argentina ($343k).

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Exporters of Metallic tungstates (wolframates) (2022 - 2023)

Importers of Metallic tungstates (wolframates) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Metallic tungstates (wolframates).

In 2023, market concentration measured using Shannon Entropy, was 2.65. This means that most of the exports of Metallic tungstates (wolframates) are explained by 6 countries.

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Value of Exports in Metallic tungstates (wolframates)

Net Trade

TOP NET EXPORTER (2023)Chinese Taipei$44.6M
TOP NET IMPORTER (2023)United States$73.4M

This map shows which countries export or import more of Metallic tungstates (wolframates). Each country is colored based on the difference in exports and imports of Metallic tungstates (wolframates) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Metallic tungstates (wolframates) were Chinese Taipei ($44.6M), Philippines ($26.7M), Germany ($21.1M), China ($15.7M), and Netherlands ($7.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Metallic tungstates (wolframates) were United States ($73.4M), Japan ($20.2M), France ($13M), Russia ($3.98M), and Belgium ($2.92M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Metallic tungstates (wolframates).
It is possible to select the main countries that export or import Metallic tungstates (wolframates) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Metallic tungstates (wolframates) by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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