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261400 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.11BRnk 1089 / 4644
2023
Top Exporter | Top Importer $546M | $943MSouth Africa | China
2023
Product Complexity -2.3Rnk 4599 / 4656
2022 - 2023
Export Growth (CAGR) -21.2%Rnk 3771 / 4644
2023
Share of World Trade 0.014%Rnk 1089 / 4644

About

Overview This page contains the latest trade data of Titanium ores and concentrates. In 2023, Titanium ores and concentrates were the world's 1089th most traded product, with a total trade of $3.11B. Between 2022 and 2023 the exports of Titanium ores and concentrates decreased by -21.2%, from $3.95B to $3.11B. Trade in Titanium ores and concentrates represent 0.014% of total world trade.

Titanium ores and concentrates are a part of Titanium Ore.

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

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

Ranking Titanium ores and concentrates ranks 4599th in the Product Complexity Index (PCI).

Description Titanium ores can be used to produce titanium dioxide pigment, which is used in paint and sunscreen. Titanium ores can also be used to produce titanium metal, which is used to produce aircraft, missiles, and deep-sea vessels. Titanium ores can be used to produce the titanium dioxide pigment, titanium metal, and titanium sponge. Titanium sponge is used to produce the titanium dioxide pigment and titanium metal.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Titanium ores and concentrates. 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 ores and concentrates were the world's 1089th most traded product (out of 4,644).

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

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

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Exporters of Titanium ores and concentrates (2023)
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Importers of Titanium ores and concentrates (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 ores and concentrates 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 ores and concentrates were China ($183M), Canada ($26.3M), Mexico ($24.9M), India ($16M), and Kazakhstan ($11M).

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Exporters of Titanium ores and concentrates (2022 - 2023)

Importers of Titanium ores and concentrates (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Titanium ores and concentrates.

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

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Value of Exports in Titanium ores and concentrates

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 ores and concentrates. Each country is colored based on the difference in exports and imports of Titanium ores and concentrates during 2023.

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

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 Titanium ores and concentrates.
It is possible to select the main countries that export or import Titanium ores and concentrates in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Titanium ores and concentrates 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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