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Titanium oxides

2823 (Harmonized System 1992 for 4-digit)

2023
World Trade $730MRnk 982 / 1217
2023
Top Exporter | Top Importer $289M | $70.8MChina | Germany
2023
Product Complexity 1.02Rnk 175 / 1044
2022 - 2023
Export Growth (CAGR) -29.9%Rnk 1151 / 1217
2023
Share of World Trade 0.0032%Rnk 982 / 1217

About

Overview This page contains the latest trade data of Titanium Oxides. In 2023, Titanium Oxides were the world's 982nd most traded product, with a total trade of $730M. Between 2022 and 2023 the exports of Titanium Oxides decreased by -29.9%, from $1.04B to $730M. Trade in Titanium Oxides represent 0.0032% of total world trade.

Titanium Oxides are a part of Inorganic chemicals. They include Titanium oxides.

Exports In 2023 the top exporters of Titanium Oxides  were China ($289M), Germany ($96.9M), France ($82.6M), Japan ($48.4M), and United States ($42.7M).

Imports In 2023 the top importers of Titanium Oxides were Germany ($70.8M), United States ($66.5M), India ($57.2M), Canada ($42M), and Japan ($32.5M).

Ranking Titanium Oxides ranks 175th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Titanium Oxides. 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$289M
Top Destination (2023)Germany$70.8M

In 2023 Titanium Oxides were the world's 982nd most traded product (out of 1,217).

In 2023, the top exporters of Titanium Oxides were China ($289M), Germany ($96.9M), France ($82.6M), Japan ($48.4M), and United States ($42.7M).

In 2023, the top importers of Titanium Oxides were Germany ($70.8M), United States ($66.5M), India ($57.2M), Canada ($42M), and Japan ($32.5M).

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

Color
Top Origin Growth (2022 -  2023)Djibouti$574k
Top Destination Growth (2022 -  2023)Saudi Arabia$13.4M

Between 2022 and 2023, the exports of Titanium Oxides grew the fastest in Djibouti ($574k), Italy ($447k), Malaysia ($375k), Oman ($301k), and Mozambique ($286k).

Between 2022 and 2023, the fastest growing importers of Titanium Oxides were Saudi Arabia ($13.4M), Spain ($10.3M), Egypt ($7.87M), United Kingdom ($2.31M), and Honduras ($1.07M).

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Exporters of Titanium Oxides (2022 - 2023)

Importers of Titanium Oxides (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.22. This means that most of the exports of Titanium Oxides are explained by 9 countries.

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Value of Exports in Titanium Oxides

Net Trade

TOP NET EXPORTER (2023)China$260M
TOP NET IMPORTER (2023)India$35.6M

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

In 2023, the countries that had a largest trade value in exports than in imports of Titanium Oxides were China ($260M), France ($63.1M), Germany ($26.1M), South Korea ($22.4M), and Japan ($15.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Titanium Oxides were India ($35.6M), Brazil ($28.1M), Saudi Arabia ($27.4M), Canada ($26.7M), and United States ($23.8M).

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

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $1.41M
TOP IMPORT POTENTIALChina+ $1.82M

Titanium Oxides’s highest export potential is United States. With an export gap of $1.41M.  Titanium Oxides’s highest import potential is China with an import gap of $1.82M.

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)

Country by Relatedness

The following visualization shows the relatedness of Titanium Oxides 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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