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2022
Exports $81.2MWorld Rnk 13 / 79
Flag Rnk 777 / 1217
2022
Destination $56.9M China
2021 - 2022
FASTEST GROWING MARKET $56.9MChina
2022
PRODUCT COMPLEXITY IN Titanium Ore-1.88Rnk 987 / 1025
2022
Imports $525MWorld Rnk 2 / 93
Flag Rnk 526 / 1216
2022
Origin $107M South Africa
2021 - 2022
FASTEST GROWING ORIGIN $107MSouth Africa
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $81.2M in Titanium Ore, making it the 13th largest exporter of Titanium Ore in the world. At the same year, Titanium Ore was the 777th most exported product in United States. The main destination of Titanium Ore exports from United States are: China ($73.7M), Mexico ($5.91M), Belgium ($549k), South Korea ($253k), and Canada ($221k).

The fastest growing export markets for Titanium Ore of United States between 2021 and 2022 were China ($56.9M), Mexico ($2.24M), and Belgium ($549k).

Imports In 2022, United States imported $525M in Titanium Ore, becoming the 2nd largest importer of Titanium Ore in the world. At the same year, Titanium Ore was the 526th most imported product in United States. United States imports Titanium Ore primarily from: South Africa ($188M), Kenya ($85.5M), Madagascar ($61.9M), Mozambique ($50.4M), and Ukraine ($37M).

The fastest growing import markets in Titanium Ore for United States between 2021 and 2022 were South Africa ($107M), Kenya ($62.7M), and Ukraine ($25.9M).

COMPANIES In 2023, leading companies such as Walong Marketing (8), Amazon (1), and Euromarket Designs (1) were at the forefront of shipping Titanium Ore to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Titanium Ore exports accounted up to $737k and imports accounted up to $29.1M, resulting in a negative trade balance of $28.4M. Between June 2023 and June 2024 the exports of United States'   Titanium Ore have increased by $171k (30.1%) from $566k to $737k, while imports decreased by $-9.46M (-24.5%) from $38.6M to $29.1M.

Destinations In June 2024, Titanium Ore were exported mostly to Mexico ($517k), Brazil ($163k), Sweden ($44.4k), Canada ($11.5k), and China ($0), and were imported mostly from Canada ($16.1M), Senegal ($7.5M), South Africa ($5.36M), Australia ($175k), and Spain ($15.2k).

Growth In June 2024, the increase in Titanium Ore's year-by-year exports was explained primarily by an increase in exports to Mexico ($89.3k or 25%). In June 2024, the decrease in Titanium Ore's year-by-year imports was explained primarily by a decrease in imports from Madagascar ($-9.19M or -72.1%) and Ukraine ($-6.79M or -77.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$171k(30.1%)
IMPORT GROWTH (June 2023 - June 2024)$-9.46M(-24.5%)
MAIN EXPORTER (June 2024)California$1.86M
MAIN DESTINATION (June 2024)Mexico$517k

This section shows Titanium Ore's exports and imports data at subnational level for United States. 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 Titanium Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$81.2M
IMPORTS (2022)$525M
NET TRADE (2022)-$443M

In 2022, United States exported $81.2M in Titanium Ore. The main destinations of United States exports on Titanium Ore were China ($73.7M), Mexico ($5.91M), Belgium ($549k), South Korea ($253k), and Canada ($221k).

In 2022, United States imported $525M in Titanium Ore, mainly from South Africa ($188M), Kenya ($85.5M), Madagascar ($61.9M), Mozambique ($50.4M), and Ukraine ($37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Titanium Ore EXPORT MARKETS FOR United States WERE (2021 - 2022):
China$56.9M (338%)
Mexico$2.24M (61%)
Belgium$549k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Titanium Ore BY United States WERE (2021 - 2022):
Netherlands-$4.46M (-100%)
India-$4.43M (-99.8%)
Poland-$303k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Titanium Ore were:
South Africa $656M
Mozambique $368M
Kenya $290M
In 2022, United States's main importing competitors in Titanium Ore were:
China $557M
Japan $388M

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Trade Value of Titanium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $1.9M
TOP IMPORT POTENTIALMozambique+ $21.5M

Titanium Ore’s highest export potential is Mexico. With an export gap of $1.9M.   Titanium Ore’s highest import potential is Mozambique with an import gap of $21.5M.

See methodology.

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