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2022
Exports $1.71MWorld Rnk 21 / 65
Flag Rnk 1175 / 1216
2022
Destination $229k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $229kVietnam
2022
Imports $60.3MWorld Rnk 1 / 65
Flag Rnk 749 / 1212
2022
Origin $30.3M North Korea
2021 - 2022
FASTEST GROWING ORIGIN $30.3MNorth Korea
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.71M in Tungsten Ore, making it the 21st largest exporter of Tungsten Ore in the world. At the same year, Tungsten Ore was the 1175th most exported product in China. The main destination of Tungsten Ore exports from China are: United Kingdom ($599k), Italy ($330k), United States ($312k), Vietnam ($229k), and Indonesia ($135k).

The fastest growing export markets for Tungsten Ore of China between 2021 and 2022 were Vietnam ($229k), Italy ($134k), and United States ($101k).

Imports In 2018, China imported $60.3M in Tungsten Ore, becoming the 1st largest importer of Tungsten Ore in the world. At the same year, Tungsten Ore was the 749th most imported product in China. China imports Tungsten Ore primarily from: North Korea ($30.9M), Rwanda ($5.7M), Thailand ($5.09M), Burma ($5.04M), and Spain ($4.87M).

The fastest growing import markets in Tungsten Ore for China between 2021 and 2022 were North Korea ($30.3M), Thailand ($3.89M), and Kyrgyzstan ($2.06M).

COMPANIES In 2023, leading companies such as CrimsonLogic (1) were at the forefront of shipping Tungsten Ore from China to the United States.

Latest Trends

April 2024

About

Overview In April 2024 China's Tungsten Ore exports accounted up to $557k and imports accounted up to $11.8M, resulting in a negative trade balance of $11.2M. Between April 2017 and April 2024 the exports of China's   Tungsten Ore have increased by $128k (29.8%) from $429k to $557k, while imports increased by $3.8M (47.6%) from $7.97M to $11.8M.

Destinations In April 2024, Tungsten Ore were exported mostly to , and were imported mostly from Russia ($2.53M), Rwanda ($2.42M), North Korea ($1.72M), Bolivia ($1.46M), and Mongolia ($1.37M).

Growth In April 2024, the increase in Tungsten Ore's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the increase in Tungsten Ore's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2017 - April 2024)$128k(29.8%)
IMPORT GROWTH (July 2023 - July 2024)$3.8M(47.6%)
MAIN EXPORTER (April 2024)Fujian Province$557k
MAIN DESTINATION (April 2024)

This section shows Tungsten Ore's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Tungsten Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.71M
IMPORTS (2022)$60.3M
NET TRADE (2022)-$58.5M

In 2022, China exported $1.71M in Tungsten Ore. The main destinations of China exports on Tungsten Ore were United Kingdom ($599k), Italy ($330k), United States ($312k), Vietnam ($229k), and Indonesia ($135k).

In 2022, China imported $60.3M in Tungsten Ore, mainly from North Korea ($30.9M), Rwanda ($5.7M), Thailand ($5.09M), Burma ($5.04M), and Spain ($4.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tungsten Ore EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$229k (1%)
Italy$134k (68.3%)
United States$101k (48.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten Ore BY China WERE (2021 - 2022):
Indonesia-$212k (-61.1%)
United Kingdom-$205k (-25.5%)
Laos-$157k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Tungsten Ore were:
Rwanda $52.7M
Spain $40.7M
North Korea $30.9M
In 2022, China's main importing competitors in Tungsten Ore were:
United States $48.2M
Austria $41.4M

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Trade Value of Tungsten Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $202k
TOP IMPORT POTENTIALMongolia+ $769k

Tungsten Ore’s highest export potential is Vietnam. With an export gap of $202k.   Tungsten Ore’s highest import potential is Mongolia with an import gap of $769k.

See methodology.

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