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2023
Exports $7.41kWorld Rnk 88 / 110
Flag Rnk 880 / 1049
2023
Destination $6.63k Turkey
2022 - 2023
FASTEST GROWING MARKET $6.63kTurkey
2023
PRODUCT COMPLEXITY IN Magnesium Carbonate-0.47Rnk 689 / 1025
2023
Imports $2.29MWorld Rnk 67 / 168
Flag Rnk 589 / 1101
2023
Origin $41.3k China
2022 - 2023
FASTEST GROWING ORIGIN $41.3kTurkey
2023
ECONOMIC COMPLEXITY of Iran0.084Rnk 58 / 132

About

Exports In 2023, Iran exported $7.41k in Magnesium Carbonate, making it the 88th largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 880th most exported product in Iran. The main destination of Magnesium Carbonate exports from Iran are: Turkey ($6.63k) and Azerbaijan ($778).

The fastest growing export markets for Magnesium Carbonate of Iran between 2022 and 2023 were Turkey ($6.63k) and Azerbaijan ($300).

Imports In 2023, Iran imported $2.29M in Magnesium Carbonate, becoming the 67th largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 589th most imported product in Iran. Iran imports Magnesium Carbonate primarily from: China ($1.56M), United Arab Emirates ($550k), Turkey ($145k), Germany ($28.2k), and Slovenia ($4.09k).

The fastest growing import markets in Magnesium Carbonate for Iran between 2022 and 2023 were Turkey ($41.3k), Slovenia ($4.09k), and Czechia ($43).

Latest Trends

Dec 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 (2023)$7.41k
IMPORTS (2023)$2.29M
NET TRADE (2023)-$2.28M

In 2023, Iran exported $7.41k in Magnesium Carbonate. The main destinations of Iran exports on Magnesium Carbonate were Turkey ($6.63k) and Azerbaijan ($778).

In 2023, Iran imported $2.29M in Magnesium Carbonate, mainly from China ($1.56M), United Arab Emirates ($550k), Turkey ($145k), Germany ($28.2k), and Slovenia ($4.09k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR Iran WERE (2022 - 2023):
Turkey$6.63k (1%)
Azerbaijan$300 (62.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY Iran WERE (2022 - 2023):
India-$1.13M (-100%)
Afghanistan-$36.8k (-100%)
Slovenia-$19.4k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iran's main exporting competitors in Magnesium Carbonate were:
China $1.05B
Brazil $122M
Turkey $114M
In 2023, Iran's main importing competitors in Magnesium Carbonate were:
United States $235M
Germany $192M
India $171M

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.05k
TOP IMPORT POTENTIALChina+ $330k

Magnesium Carbonate’s highest export potential is India. With an export gap of $1.05k.   Magnesium Carbonate’s highest import potential is China with an import gap of $330k.

See methodology.

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