Key Market Indicators
Russia is set to export tungsten worth nearly $7 million and import tungsten worth over $12 million by 2026. In 2021, Russia ranked 21st in tungsten exports and 19th in tungsten imports. South Africa, the Philippines, Germany, the United States, Japan and Austria were the major exporters and importers of tungsten respectively. Since 2001, Russia has seen an average 2.6% growth rate in exports and a 9.6% growth rate in imports.
