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810196 (Harmonized System 2002 for 6-digit)

2022
World Trade $119MRnk 4200 / 4939
2022
Top Exporter | Top Importer $43.4M | $13.8MChina | United States
2022
Product Complexity 1.36Rnk 305 / 4946
2021 - 2022
Export Growth (CAGR) 5.41%Rnk 2300 / 4939
2022
Share of World Trade 0.0005%Rnk 4200 / 4939

About

Overview This page contains the latest trade data of Tungsten (wolfram): wire. In 2022, Tungsten (wolfram): wire were the world's 4200th most traded product, with a total trade of $119M. Between 2021 and 2022 the exports of Tungsten (wolfram): wire grew by 5.41%, from $112M to $119M. Trade in Tungsten (wolfram): wire represent 0.0005% of total world trade.

Tungsten (wolfram): wire are a part of Tungsten (wolfram); articles thereof, including waste and scrap.

Exports In 2022 the top exporters of Tungsten (wolfram): wire  were China ($43.4M), Japan ($16.1M), United States ($12.3M), India ($6.88M), and Germany ($5.65M).

Imports In 2022 the top importers of Tungsten (wolfram): wire were United States ($13.8M), India ($10M), South Korea ($9.72M), Germany ($8.19M), and Japan ($7.57M).

Ranking Tungsten (wolfram): wire ranks 305th 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 Tungsten (wolfram): wire. 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 (2022)China$43.4M
Top Destination (2022)United States$13.8M

In 2022 Tungsten (wolfram): wire were the world's 4200th most traded product (out of 4,939).

In 2022, the top exporters of Tungsten (wolfram): wire were China ($43.4M), Japan ($16.1M), United States ($12.3M), India ($6.88M), and Germany ($5.65M).

In 2022, the top importers of Tungsten (wolfram): wire were United States ($13.8M), India ($10M), South Korea ($9.72M), Germany ($8.19M), and Japan ($7.57M).

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Exporters of Tungsten (wolfram): wire (2022)
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Importers of Tungsten (wolfram): wire (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$4.97M
Top Destination Growth (2021 -  2022)United States$2.57M

Between 2021 and 2022, the exports of Tungsten (wolfram): wire grew the fastest in United States ($4.97M), China ($2.31M), Netherlands ($1.89M), Hungary ($1.55M), and Philippines ($714k).

Between 2021 and 2022, the fastest growing importers of Tungsten (wolfram): wire were United States ($2.57M), Honduras ($1.94M), Costa Rica ($1.83M), India ($1.07M), and Vietnam ($629k).

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Exporters of Tungsten (wolfram): wire (2021 - 2022)

Importers of Tungsten (wolfram): wire (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tungsten (wolfram): wire.

In 2022, market concentration measured using Shannon Entropy, was 3.35. This means that most of the exports of Tungsten (wolfram): wire are explained by 10 countries.

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Value of Exports in Tungsten (wolfram): wire

Net Trade

TOP NET EXPORTER (2022)China$36.6M
TOP NET IMPORTER (2022)Costa Rica$6.24M

This map shows which countries export or import more of Tungsten (wolfram): wire. Each country is colored based on the difference in exports and imports of Tungsten (wolfram): wire during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Tungsten (wolfram): wire were China ($36.6M), Japan ($8.57M), Austria ($5.28M), Hungary ($2.7M), and Netherlands ($2.65M).

In 2022, the countries that had a largest trade value in imports than in exports of Tungsten (wolfram): wire were Costa Rica ($6.24M), South Korea ($5.77M), Poland ($4.77M), Vietnam ($3.63M), and India ($3.14M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Tungsten (wolfram): wire 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 (2022)

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