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Titanium ores and concentrates

2614 (Harmonized System 1992 for 4-digit)

2023
World Trade $3.11BRnk 654 / 1217
2023
Top Exporter | Top Importer $546M | $943MSouth Africa | China
2023
Product Complexity -2.22Rnk 1023 / 1044
2022 - 2023
Export Growth (CAGR) -21.2%Rnk 1059 / 1217
2023
Share of World Trade 0.014%Rnk 654 / 1217

About

Overview This page contains the latest trade data of Titanium Ore. In 2023, Titanium Ore were the world's 654th most traded product, with a total trade of $3.11B. Between 2022 and 2023 the exports of Titanium Ore decreased by -21.2%, from $3.95B to $3.11B. Trade in Titanium Ore represent 0.014% of total world trade.

Titanium Ore are a part of Ores, slag and ash. They include Titanium ores and concentrates.

Exports In 2023 the top exporters of Titanium Ore  were South Africa ($546M), Mozambique ($433M), Australia ($409M), Norway ($191M), and Sierra Leone ($189M).

Imports In 2023 the top importers of Titanium Ore were China ($943M), Japan ($370M), United States ($325M), Germany ($200M), and Belgium ($143M).

Ranking Titanium Ore ranks 1023rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
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The following visualization shows the latest trends on Titanium Ore. 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)South Africa$546M
Top Destination (2023)China$943M

In 2023 Titanium Ore were the world's 654th most traded product (out of 1,217).

In 2023, the top exporters of Titanium Ore were South Africa ($546M), Mozambique ($433M), Australia ($409M), Norway ($191M), and Sierra Leone ($189M).

In 2023, the top importers of Titanium Ore were China ($943M), Japan ($370M), United States ($325M), Germany ($200M), and Belgium ($143M).

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Exporters of Titanium Ore (2023)
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Importers of Titanium Ore (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mozambique$54.5M
Top Destination Growth (2022 -  2023)China$183M

Between 2022 and 2023, the exports of Titanium Ore grew the fastest in Mozambique ($54.5M), Nigeria ($19.9M), Madagascar ($18M), Egypt ($17.9M), and Gambia ($12.3M).

Between 2022 and 2023, the fastest growing importers of Titanium Ore were China ($183M), Canada ($26.3M), Mexico ($24.9M), India ($16M), and Kazakhstan ($11M).

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Exporters of Titanium Ore (2022 - 2023)

Importers of Titanium Ore (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Titanium Ore.

In 2023, market concentration measured using Shannon Entropy, was 3.96. This means that most of the exports of Titanium Ore are explained by 15 countries.

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Value of Exports in Titanium Ore

Net Trade

TOP NET EXPORTER (2023)South Africa$540M
TOP NET IMPORTER (2023)China$912M

This map shows which countries export or import more of Titanium Ore. Each country is colored based on the difference in exports and imports of Titanium Ore during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Titanium Ore were South Africa ($540M), Mozambique ($433M), Australia ($409M), Sierra Leone ($189M), and Senegal ($178M).

In 2023, the countries that had a largest trade value in imports than in exports of Titanium Ore were China ($912M), Japan ($370M), United States ($275M), Germany ($181M), and United Kingdom ($114M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Titanium Ore by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $21.5M
TOP IMPORT POTENTIALSouth Africa+ $500

Titanium Ore’s highest export potential is United States. With an export gap of $21.5M.  Titanium Ore’s highest import potential is South Africa with an import gap of $500.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Titanium Ore.

Country by Relatedness

The following visualization shows the relatedness of Titanium Ore to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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