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810197 (Harmonized System 2002 for 6-digit)

2022
World Trade $508MRnk 3028 / 4939
2022
Top Exporter | Top Importer $156M | $131MGermany | Germany
2022
Product Complexity 0.26Rnk 2205 / 4946
2021 - 2022
Export Growth (CAGR) 19.2%Rnk 900 / 4939
2022
Share of World Trade 0.0021%Rnk 3028 / 4939

About

Overview This page contains the latest trade data of Tungsten (wolfram): waste and scrap. In 2022, Tungsten (wolfram): waste and scrap were the world's 3028th most traded product, with a total trade of $508M. Between 2021 and 2022 the exports of Tungsten (wolfram): waste and scrap grew by 19.2%, from $426M to $508M. Trade in Tungsten (wolfram): waste and scrap represent 0.0021% of total world trade.

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

Exports In 2022 the top exporters of Tungsten (wolfram): waste and scrap  were Germany ($156M), Japan ($43.8M), United Kingdom ($31.8M), China ($26.6M), and United States ($26.2M).

Imports In 2022 the top importers of Tungsten (wolfram): waste and scrap were Germany ($131M), Austria ($95.3M), United States ($82.1M), Finland ($45.3M), and United Kingdom ($24.1M).

Ranking Tungsten (wolfram): waste and scrap ranks 2205th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tungsten (wolfram): waste and scrap. 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)Germany$156M
Top Destination (2022)Germany$131M

In 2022 Tungsten (wolfram): waste and scrap were the world's 3028th most traded product (out of 4,939).

In 2022, the top exporters of Tungsten (wolfram): waste and scrap were Germany ($156M), Japan ($43.8M), United Kingdom ($31.8M), China ($26.6M), and United States ($26.2M).

In 2022, the top importers of Tungsten (wolfram): waste and scrap were Germany ($131M), Austria ($95.3M), United States ($82.1M), Finland ($45.3M), and United Kingdom ($24.1M).

Explore Visualizations

Exporters of Tungsten (wolfram): waste and scrap (2022)
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Importers of Tungsten (wolfram): waste and scrap (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$17.6M
Top Destination Growth (2021 -  2022)Germany$48.2M

Between 2021 and 2022, the exports of Tungsten (wolfram): waste and scrap grew the fastest in Germany ($17.6M), Japan ($11.6M), South Korea ($9.3M), United Kingdom ($7.51M), and United States ($6.74M).

Between 2021 and 2022, the fastest growing importers of Tungsten (wolfram): waste and scrap were Germany ($48.2M), Austria ($22.2M), Finland ($12M), Malaysia ($11.2M), and Czechia ($4.28M).

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Exporters of Tungsten (wolfram): waste and scrap (2021 - 2022)

Importers of Tungsten (wolfram): waste and scrap (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tungsten (wolfram): waste and scrap.

In 2022, market concentration measured using Shannon Entropy, was 4.27. This means that most of the exports of Tungsten (wolfram): waste and scrap are explained by 19 countries.

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Value of Exports in Tungsten (wolfram): waste and scrap

Net Trade

TOP NET EXPORTER (2022)Japan$28M
TOP NET IMPORTER (2022)Austria$76.5M

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

In 2022, the countries that had a largest trade value in exports than in imports of Tungsten (wolfram): waste and scrap were Japan ($28M), Germany ($24.5M), China ($20M), Turkey ($11.8M), and Poland ($11.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Tungsten (wolfram): waste and scrap were Austria ($76.5M), United States ($55.9M), Finland ($43M), Malaysia ($19.1M), and Chinese Taipei ($4.84M).

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): waste and scrap.
It is possible to select the main countries that export or import Tungsten (wolfram): waste and scrap in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tungsten (wolfram): waste and scrap 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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