2022
Exports
$337MWorld Rnk 1 / 68
Flag Rnk 469 / 1217
2022
PRODUCT COMPLEXITY IN Tantalum
0.61Rnk 320 / 1025
2022
Imports
$365MWorld Rnk 1 / 114
Flag Rnk 630 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $337M in Tantalum, making it the 1st largest exporter of Tantalum in the world. At the same year, Tantalum was the 469th most exported product in United States. The main destination of Tantalum exports from United States are: Mexico ($83.4M), China ($73.6M), Germany ($48.6M), South Korea ($46.4M), and Kazakhstan ($18.6M).

The fastest growing export markets for Tantalum of United States between 2021 and 2022 were Germany ($25.4M), China ($25.2M), and Mexico ($19M).

Imports In 2022, United States imported $365M in Tantalum, becoming the 1st largest importer of Tantalum in the world. At the same year, Tantalum was the 630th most imported product in United States. United States imports Tantalum primarily from: China ($121M), Germany ($110M), Thailand ($37.6M), Kazakhstan ($25.9M), and Japan ($23.6M).

The fastest growing import markets in Tantalum for United States between 2021 and 2022 were Germany ($29.8M), China ($18.8M), and Japan ($16.1M).

COMPANIES In 2023, leading companies such as MAGICAL CRUISE COMPANY LIMITED (8), HOME DEPOT, U. S. A., INC. (4), and ABB MOTORS AND MECHANICAL INC (1) were at the forefront of shipping Tantalum to the United States.

Latest Trends

February 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$-5.41M(-25.7%)
IMPORT GROWTH (February 2023 - February 2024)$-6.1M(-29.1%)
MAIN EXPORTER (February 2024)Massachusetts$12M
MAIN DESTINATION (February 2024)Mexico$4.21M

This section shows Tantalum'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 Tantalum over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$337M
IMPORTS (2022)$365M
NET TRADE (2022)-$28M

In 2022, United States exported $337M in Tantalum. The main destinations of United States exports on Tantalum were Mexico ($83.4M), China ($73.6M), Germany ($48.6M), South Korea ($46.4M), and Kazakhstan ($18.6M).

In 2022, United States imported $365M in Tantalum, mainly from China ($121M), Germany ($110M), Thailand ($37.6M), Kazakhstan ($25.9M), and Japan ($23.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tantalum EXPORT MARKETS FOR United States WERE (2021 - 2022):
Germany$25.4M (109%)
China$25.2M (52.1%)
Mexico$19M (29.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tantalum BY United States WERE (2021 - 2022):
El Salvador-$11.3M (-53.6%)
Israel-$3.86M (-46.4%)
Netherlands-$1.44M (-89.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Tantalum were:
In 2022, United States's main importing competitors in Tantalum were:

Explore Visualizations

Trade Value of Tantalum by Exporters

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