China Tungsten Product Exports Rose over 15% MoM in April

SHANGHAI, May 24 (SMM) - According to the latest data released by the General Administration of Customs, in April 2022, China's total export of tungsten products was 3,429 mt, a year-on-year increase of 17% and a month-on-month increase of 15.6%.

Among them, the export of tungsten trioxide was 817 mt, equivalent to 645 mt in metal content, an increase of 33% from the previous month. The main destinations were the Netherlands (280 mt), Germany (120 mt), and South Korea (100 mt).

Exports of APT were 241 mt, equivalent to 169 mt in metal content, a decrease of 10% from the previous month. The main destinations were the Netherlands (160 mt) and Japan (80 mt).

The export of tungsten powder was 151 mt, equivalent to 151 mt in metal content, a decrease of 19% from the previous month. They mainly went to South Korea (63 mt) and the United States (48 mt).
Export of tungsten carbide was 695 mt, equivalent to 623 mt in metal content, an increase of 68% from the previous month. They mainly went to Japan (240 mt) and South Korea (143 mt).
The export of ferrotungsten was 321 mt, equivalent to 241 mt in metal content, a decrease of 41% from the previous month. The main buyers were the Netherlands (253 mt), Japan, South Korea and Brazil. Total exports increased, despite the negative impact of domestic pandemic and overseas geopolitical conflicts. SMM believes that the overall export of tungsten products will remain positive in the future.