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Titanium: top exporters and importers (2024)

In 2024, world trade in titanium totaled $8.5 billion (306 thousand tonnes). The top exporters were the United States (28%), China (13%) and Japan (10%); the top importers were France (14%), the United States (13%) and Germany (12%). Compared with 2019, the value rose 20%.

Summary

World trade
$8.5billion
Tonnes
306thousand tonnes
Price per tonne
$27,864
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. United States$2.4 billion · 28.1%
  2. China$1.1 billion · 12.5%
  3. Japan$842 million · 9.9%
  4. Russia$761 million · 8.9%
  5. United Kingdom$674 million · 7.9%
  6. Germany$597 million · 7%
  7. France$549 million · 6.4%
  8. Kazakhstan$222 million · 2.6%
  9. Italy$173 million · 2%
  10. Saudi Arabia$173 million · 2%
  11. Canada$120 million · 1.4%
  12. Mexico$103 million · 1.2%
  13. South Korea$97 million · 1.1%
  14. Morocco$89 million · 1%
  15. Taiwan$57 million · 0.66%
  16. Belgium$55 million · 0.64%
    re-exports
  17. Poland$55 million · 0.64%
  18. Switzerland$55 million · 0.64%
  19. Netherlands$52 million · 0.61%
    re-exports
  20. Sweden$41 million · 0.49%

Top importers

  1. France$1.2 billion · 13.6%
  2. United States$1.2 billion · 13.5%
  3. Germany$1 billion · 12.1%
  4. United Kingdom$646 million · 7.6%
  5. China$548 million · 6.4%
  6. South Korea$372 million · 4.4%
  7. Japan$293 million · 3.4%
  8. Italy$280 million · 3.3%
  9. Turkey$212 million · 2.5%
  10. Canada$205 million · 2.4%
  11. Taiwan$180 million · 2.1%
  12. Mexico$167 million · 2%
  13. Morocco$157 million · 1.8%
  14. Switzerland$154 million · 1.8%
  15. Czechia$147 million · 1.7%
  16. Belgium$142 million · 1.7%
    re-exports
  17. India$141 million · 1.7%
  18. Spain$132 million · 1.5%
  19. Sweden$130 million · 1.5%
  20. Poland$100 million · 1.2%

Trend

Who sells it

The United States was the top exporter throughout the period

Value in USD billions. The five largest exporters in 2024.

  • United States 2.4
  • China 1.1
  • Japan 0.84
  • Russia 0.76
  • United Kingdom 0.67

Source: CEPII BACI

Show the numbers
Country19952024
United States0.282.4
China0.021.1
Japan0.170.84
Russia0.140.76
United Kingdom0.110.67

Price

Implied price

The price per tonne rose 136% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $27,864

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$11,819
1996$12,475
1997$12,282
1998$11,939
1999$6,824
2000$8,869
2001$10,981
2002$10,709
2003$11,471
2004$14,092
2005$16,743
2006$23,588
2007$24,843
2008$22,568
2009$25,322
2010$23,161
2011$23,176
2012$21,507
2013$24,491
2014$24,455
2015$19,293
2016$21,407
2017$22,832
2018$23,652
2019$23,392
2020$23,921
2021$21,498
2022$24,159
2023$27,195
2024$27,864

What it includes

  • 8108 · Titanium

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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