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Exports In 2022, Australia exported $100k in Borax, making it the 37th largest exporter of Borax in the world. At the same year, Borax was the 1112th most exported product in Australia. The main destination of Borax exports from Australia are: United States ($81.2k), Chinese Taipei ($12.4k), Madagascar ($2.88k), United Kingdom ($2.05k), and New Zealand ($1.9k).

The fastest growing export markets for Borax of Australia between 2021 and 2022 were United States ($81.2k), Chinese Taipei ($12.4k), and Madagascar ($2.88k).

Imports In 2022, Australia imported $651k in Borax, becoming the 39th largest importer of Borax in the world. At the same year, Borax was the 1100th most imported product in Australia. Australia imports Borax primarily from: Argentina ($368k), United States ($157k), Turkey ($60.3k), Bolivia ($51.4k), and China ($14.5k).

The fastest growing import markets in Borax for Australia between 2021 and 2022 were Argentina ($309k) and United States ($67.1k).

Latest Trends

Oct 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 Borax. 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)$100k
IMPORTS (2022)$651k
NET TRADE (2022)-$550k

In 2022, Australia exported $100k in Borax. The main destinations of Australia exports on Borax were United States ($81.2k), Chinese Taipei ($12.4k), Madagascar ($2.88k), United Kingdom ($2.05k), and New Zealand ($1.9k).

In 2022, Australia imported $651k in Borax, mainly from Argentina ($368k), United States ($157k), Turkey ($60.3k), Bolivia ($51.4k), and China ($14.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Borax EXPORT MARKETS FOR Australia WERE (2021 - 2022):
United States$81.2k (1%)
Chinese Taipei$12.4k (1%)
Madagascar$2.88k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Borax BY Australia WERE (2021 - 2022):
Turkey-$6.03k (-100%)
France-$2.82k (-100%)
Thailand-$1.97k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Borax were:
In 2022, Australia's main importing competitors in Borax were:
China $121M
Brazil $70.4M
India $25.3M

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Trade Value of Borax by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $5.96k
TOP IMPORT POTENTIALTurkey+ $44.2k

Borax’s highest export potential is United States. With an export gap of $5.96k.   Borax’s highest import potential is Turkey with an import gap of $44.2k.

See methodology.

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