BoronOxides of boron; boric acids
2810 (Harmonized System 1992 for 4-digit)
2021 World Trade: $538M, Rnk 1028 / 1217
2021 Top Exporter | Top Importer: $175M | $165M, United States | China
2020 - 2021 Export Growth (CAGR): 23.5%, Rnk 511 / 1217
2018 Mean Tariff: 2.53%, Rnk 1188 / 1259
2021 Share of World Trade: 0.0026%, Rnk 1028 / 1217
Overview This page contains the latest trade data of Boron. In 2021, Boron were the world's 1028th most traded product, with a total trade of $538M. Between 2020 and 2021 the exports of Boron grew by 23.5%, from $436M to $538M. Trade in Boron represent 0.0026% of total world trade.
Boron are a part of Inorganic chemicals. They include Oxides of boron, boric acids.
Exports In 2021 the top exporters of Boron were United States ($175M), Turkey ($140M), Chile ($53.9M), Russia ($41.4M), and Peru ($19M).
Imports In 2021 the top importers of Boron were China ($165M), South Korea ($48.8M), Japan ($31.8M), Chinese Taipei ($31.6M), and Brazil ($29M).
Tariffs In 2018 the average tariff for Boron was 2.53%, making it the 1188th lowest tariff using the HS4 product classification.
The following visualization shows the latest trends on Boron. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2021): United States, $175M
Top Destination (2021): China, $165M
Boron are the world's 1028th most traded product.
In 2021, the top exporters of Boron were United States ($175M), Turkey ($140M), Chile ($53.9M), Russia ($41.4M), and Peru ($19M).
In 2021, the top importers of Boron were China ($165M), South Korea ($48.8M), Japan ($31.8M), Chinese Taipei ($31.6M), and Brazil ($29M).
Trade by country
Between 2020 and 2021, the exports of Boron grew the fastest in Turkey ($47.7M), United States ($14M), France ($5M), Germany ($4.8M), and Argentina ($3.92M).
Between 2020 and 2021, the fastest growing importers of Boron were China ($16.9M), South Korea ($15.8M), Japan ($9.73M), Chinese Taipei ($6.21M), and Poland ($6.03M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Boron.
In 2021, market concentration measured using Shannon Entropy, was 3.16. This means that most of the exports of Boron are explained by 8 countries.
TOP NET EXPORTER (2021): United States, $162M
TOP NET IMPORTER (2021): China, $156M
This map shows which countries export or import more of Boron. Each country is colored based on the difference in exports and imports of Boron during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Boron were United States ($162M), Turkey ($140M), Chile ($53.5M), Russia ($40.4M), and Peru ($18.8M).
In 2021, the countries that had a largest trade value in imports than in exports of Boron were China ($156M), South Korea ($46.5M), Japan ($29.8M), Brazil ($29M), and Chinese Taipei ($25.2M).
In 2021, the world most traded Boron, disaggragated by their HS6 level were Oxides of boron, boric acids ($538M)
This visualization shows the countries that have an important ratio of their trade related to Boron. It is possible to select the main countries that export or import Boron in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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