EU External Trade - Salts of oxometallic or peroxometallic acids, Tungstates (wolframates)

Extra-EU sourcing of Salts of oxometallic or peroxometallic acids, Tungstates (wolframates) is highly concentrated. 🇨🇳 China captures 66.7% of imports (€93.0M), followed by 🇻🇳 Vietnam (30.7%). With an HHI of 5389, this Concentrated market exposes the EU to supply dependency risks.

European exports of Salts of oxometallic or peroxometallic acids, Tungstates (wolframates) are concentrated on a few markets. 🇨🇳 China accounts for 69.9% (€4.2M), ahead of 🇧🇷 Brazil (10.1%). The top three destinations are 🇨🇳 China, 🇧🇷 Brazil, 🇹🇼 Taiwan.

Within the EU, the leading importers of Salts of oxometallic or peroxometallic acids, Tungstates (wolframates) are 🇧🇪 Belgium, 🇳🇱 Netherlands, 🇩🇰 Denmark. 🇧🇪 Belgium accounts for 38.6% of EU imports.

The year 2025 marked a turning point: both imports and exports were surging, shifting by 15.8% and 1789.5% respectively.