Key Market Indicators
Singapore's imports of vanadium declined by 4.4% in 2018, dropping to 21.4 kilograms from 22.4 the previous year. Since 1994, imports have decreased by 50%. Denmark topped the rankings, with 21.4 kilograms, followed by South Korea, the United States, and India. Exports of vanadium from Singapore rose 47.3% in 2018, totalling 5.8 kilograms from 3.9 the previous year. Since 1995, exports have increased by 60.2%. The United Kingdom was the highest importer, with 5.8 kilograms, followed by Russia, China, and South Africa.