Overview This page contains the latest trade data of Carbonates. In 2020, Carbonates were the world's 391st most traded product, with a total trade of $7.12B. Between 2019 and 2020 the exports of Carbonates decreased by -13.1%, from $8.2B to $7.12B. Trade in Carbonates represent 0.042% of total world trade.

Carbonates are a part of Inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth.... They include Disodium carbonate, Calcium carbonate, Carbonates of metals nes, Lithium carbonates, Sodium bicarbonate, Potassium carbonates, Barium carbonate, Strontium carbonate, Ammonium carbonate (including commercial), and Lead carbonate, among others.

Exports In 2020 the top exporters of Carbonates  were United States ($1.37B), China ($868M), Turkey ($847M), Chile ($677M), and Germany ($586M).

Imports In 2020 the top importers of Carbonates were South Korea ($506M), China ($353M), Mexico ($331M), United States ($292M), and Brazil ($287M).

Tariffs In 2018 the average tariff for Carbonates was 4.38%, making it the 944th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Carbonates are Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Comoros (18.9%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking Carbonates ranks 729th in the Product Complexity Index (PCI).

Description Carbonates are used as a base in soap, detergents, and cleaning products. Peroxocarbonates are used in cleaning products, and ammonium carbonate is used in baking powder.

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Y-AXIS SCALE

The following visualization shows the latest trends on Carbonates. 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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): United States, $1.37B

Top Destination (2020): South Korea, $506M

Carbonates are the world's 391st most traded product.

In 2020, the top exporters of Carbonates were United States ($1.37B), China ($868M), Turkey ($847M), Chile ($677M), and Germany ($586M).

In 2020, the top importers of Carbonates were South Korea ($506M), China ($353M), Mexico ($331M), United States ($292M), and Brazil ($287M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Belgium, $17.7M

Top Destination Growth (2019 - 2020): Poland, $28.8M

Between 2019 and 2020, the exports of Carbonates grew the fastest in Belgium ($17.7M), Bulgaria ($16.1M), Tokelau ($11M), United Arab Emirates ($10.9M), and India ($10.2M).

Between 2019 and 2020, the fastest growing importers of Carbonates were Poland ($28.8M), Romania ($9.24M), Finland ($9.02M), China ($6.71M), and Germany ($6.49M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Carbonates.

In 2020,  market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Carbonates are explained by 19 countries.

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TOP NET EXPORTER (2020): United States, $1.08B

TOP NET IMPORTER (2020): South Korea, $381M

This map shows which countries export or import more of Carbonates. Each country is colored based on the difference in exports and imports of Carbonates during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Carbonates were United States ($1.08B), Turkey ($767M), Chile ($565M), China ($515M), and Germany ($308M).

In 2020, the countries that had a largest trade value in imports than in exports of Carbonates were South Korea ($381M), Mexico ($307M), Brazil ($277M), Indonesia ($209M), and Japan ($203M).

Disaggregation

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Value

In 2019, the world most traded Carbonates, disaggragated by their HS6 level were Disodium carbonate ($3.22B), Lithium carbonates ($1B), Carbonates of metals nes ($843M), Sodium bicarbonate ($841M), and Calcium carbonate ($771M)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Carbonates.
It is possible to select the main countries that export or import Carbonates in the world, or by continent, as well as select the measure of interest.

Import Tariffs

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In 2018, the average tariff for importing Carbonates was 4.38%. The countries with the highest tariffs for importing Carbonates were Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Comoros (18.9%).

Product Complexity

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Diversification Frontier

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Specialization

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.

Country by Relatedness

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The following visualization shows the relatedness of Carbonates to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.