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Exports In 2022, India exported $324k in Natural magnesium carbonate (magnesite), making it the 25th largest exporter of Natural magnesium carbonate (magnesite) in the world. At the same year, Natural magnesium carbonate (magnesite) was the 3963rd most exported product in India. The main destination of Natural magnesium carbonate (magnesite) exports from India are: Bangladesh ($72.8k), United Arab Emirates ($66.8k), Canada ($60.1k), Burma ($21.1k), and Malaysia ($20.9k).

The fastest growing export markets for Natural magnesium carbonate (magnesite) of India between 2021 and 2022 were Canada ($36.7k), United Arab Emirates ($25.4k), and Burma ($21.1k).

Imports In 2022, India imported $3.48M in Natural magnesium carbonate (magnesite), becoming the 6th largest importer of Natural magnesium carbonate (magnesite) in the world. At the same year, Natural magnesium carbonate (magnesite) was the 2973rd most imported product in India. India imports Natural magnesium carbonate (magnesite) primarily from: United Arab Emirates ($1.32M), Ireland ($1.28M), Turkey ($375k), Saudi Arabia ($293k), and Oman ($89.3k).

The fastest growing import markets in Natural magnesium carbonate (magnesite) for India between 2021 and 2022 were Ireland ($407k), Turkey ($245k), and Saudi Arabia ($17.4k).

COMPANIES In 2023, leading companies such as John Deere (6.8k), IKEA Group (6.65k), and Old Navy (4.68k) were at the forefront of shipping Natural magnesium carbonate (magnesite) from India to the United States.

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 Natural magnesium carbonate (magnesite). 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)$324k
IMPORTS (2022)$3.48M
NET TRADE (2022)-$3.15M

In 2022, India exported $324k in Natural magnesium carbonate (magnesite). The main destinations of India exports on Natural magnesium carbonate (magnesite) were Bangladesh ($72.8k), United Arab Emirates ($66.8k), Canada ($60.1k), Burma ($21.1k), and Malaysia ($20.9k).

In 2022, India imported $3.48M in Natural magnesium carbonate (magnesite), mainly from United Arab Emirates ($1.32M), Ireland ($1.28M), Turkey ($375k), Saudi Arabia ($293k), and Oman ($89.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural magnesium carbonate (magnesite) EXPORT MARKETS FOR India WERE (2021 - 2022):
Canada$36.7k (157%)
United Arab Emirates$25.4k (61.4%)
Burma$21.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural magnesium carbonate (magnesite) BY India WERE (2021 - 2022):
Thailand-$14.9k (-99.4%)
Uganda-$14.7k (-100%)
Ethiopia-$9.95k (-44.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Natural magnesium carbonate (magnesite) were:
China $76.4M
Spain $17.4M
In 2022, India's main importing competitors in Natural magnesium carbonate (magnesite) were:
Japan $14.7M
France $7.13M

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Trade Value of Natural magnesium carbonate (magnesite) by Exporters

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