2022
Exports
$101MWorld Rnk 5 / 116
Flag Rnk 753 / 1216
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate
-0.46Rnk 685 / 1025
2022
Imports
$230MWorld Rnk 2 / 172
Flag Rnk 597 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $101M in Magnesium Carbonate, making it the 5th largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 753rd most exported product in Germany. The main destination of Magnesium Carbonate exports from Germany are: Netherlands ($25.9M), Austria ($18.5M), France ($15.7M), Spain ($6.56M), and Slovakia ($5.61M).

The fastest growing export markets for Magnesium Carbonate of Germany between 2021 and 2022 were Netherlands ($18.8M), Austria ($8.91M), and Spain ($3.82M).

Imports In 2022, Germany imported $230M in Magnesium Carbonate, becoming the 2nd largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 597th most imported product in Germany. Germany imports Magnesium Carbonate primarily from: China ($69M), Netherlands ($45.4M), Slovakia ($17.3M), Russia ($15.3M), and Israel ($14.2M).

The fastest growing import markets in Magnesium Carbonate for Germany between 2021 and 2022 were China ($37.9M), Russia ($10.7M), and Slovakia ($5.11M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Magnesium Carbonate. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$101M
IMPORTS (2022)$230M
NET TRADE (2022)-$129M

In 2022, Germany exported $101M in Magnesium Carbonate. The main destinations of Germany exports on Magnesium Carbonate were Netherlands ($25.9M), Austria ($18.5M), France ($15.7M), Spain ($6.56M), and Slovakia ($5.61M).

In 2022, Germany imported $230M in Magnesium Carbonate, mainly from China ($69M), Netherlands ($45.4M), Slovakia ($17.3M), Russia ($15.3M), and Israel ($14.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Netherlands$18.8M (265%)
Austria$8.91M (92.6%)
Spain$3.82M (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY Germany WERE (2021 - 2022):
Poland-$2.58M (-37.2%)
United States-$1.21M (-70%)
Ireland-$1.15M (-80.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Magnesium Carbonate were:
In 2022, Germany's main importing competitors in Magnesium Carbonate were:

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $2.41M
TOP IMPORT POTENTIALNetherlands+ $4.81M

Magnesium Carbonate’s highest export potential is France. With an export gap of $2.41M.   Magnesium Carbonate’s highest import potential is Netherlands with an import gap of $4.81M.

See methodology.

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