Ferro-tungsten trade by country: top importers, exporters and prices
World trade in ferro-tungsten was worth $132.6 million in 2024, about 4.6 thousand tonnes. That is a fall of 31% since 2017, and up 4% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $132.6M | 4.6K t |
| 2023 | $126.9M | 4.5K t |
| 2022 | $150.1M | 5.2K t |
| 2021 | $144.0M | 5.8K t |
| 2020 | $112.1M | 4.9K t |
| 2019 | $170.8M | 7.7K t |
| 2018 | $205.2M | 7.3K t |
| 2017 | $191.2M | 9.3K t |
Top ferro-tungsten exporting countries
China is the largest exporter with 58% of world exports, followed by the Netherlands and Belgium. The top three supply 82% between them, out of 37 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| China | $77.5M | 59% |
| Netherlands | $17.9M | 14% |
| Belgium | $12.9M | 9.7% |
| Vietnam | $9.7M | 7.3% |
| Brazil | $2.7M | 2% |
| Germany | $2.3M | 1.7% |
| Czech Republic | $1.7M | 1.3% |
| Italy | $1.7M | 1.3% |
| Malaysia | $1.0M | 0.8% |
| France | $721K | 0.5% |
| United Kingdom | $688K | 0.5% |
| Ireland | $653K | 0.5% |
Top importing countries and buyer markets
Austria is the biggest buyer with 20% of world imports, ahead of the Netherlands and Japan. Demand is concentrated: the top three take 51% across 62 importing countries.
| Importer | Value | Share |
|---|---|---|
| Austria | $26.1M | 20% |
| Netherlands | $21.4M | 16% |
| Japan | $20.5M | 15% |
| Germany | $19.6M | 15% |
| Italy | $11.5M | 8.7% |
| Taiwan | $3.5M | 2.6% |
| Sweden | $3.5M | 2.6% |
| Spain | $3.4M | 2.6% |
| Belgium | $3.0M | 2.3% |
| South Korea | $2.7M | 2.1% |
| France | $2.3M | 1.7% |
| Slovenia | $1.6M | 1.2% |
Average price per kg
The world average declared value was about $28.92 per kg in 2024. Among the main exporters, Italy averaged $36.19 per kg and China $28.35 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Ferro-tungsten (HS 7202.80) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7202.80: Ferro-alloys: ferro-tungsten and ferro-silico-tungsten. HS 7202 codes.
Common questions
Which countries export the most ferro-tungsten?
China exported $77.5 million in 2024, 58% of the world total, followed by the Netherlands (14%) and Belgium (10%). In all, 37 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most ferro-tungsten?
Austria imported $26.1 million in 2024, 20% of world imports, ahead of the Netherlands (16%) and Japan (15%). The top three importers together take 51%. Each country with its own page is linked from the table.
How big is the world trade in ferro-tungsten?
It was worth $132.6 million in 2024, about 4.6 thousand tonnes. That is a fall of 31% since 2017. The peak year was 2018 at $205.2 million. 37 countries reported exports and 62 reported imports.
What is the average price of ferro-tungsten per kg?
The world average declared value was about $28.92 per kg in 2024. Among the main exporters, Italy averaged $36.19 per kg and China $28.35 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for ferro-tungsten?
The HS code for ferro-tungsten is subheading 7202.80, in chapter 72 (iron and steel). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 7202 page.
How can I find ferro-tungsten buyers and suppliers?
EximDataX shows the importers and exporters of ferro-tungsten by name, from shipment-level customs records updated weekly. Ask for a live look at the markets you sell to.
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