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Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate

2836 (Harmonized System 1992 for 4-digit)

2023
World Trade $17.4BRnk 231 / 1217
2023
Top Exporter | Top Importer $6.08B | $4.64BChile | China
2023
Product Complexity -1.01Rnk 860 / 1044
2022 - 2023
Export Growth (CAGR) -15.1%Rnk 911 / 1217
2023
Share of World Trade 0.077%Rnk 231 / 1217

About

Overview This page contains the latest trade data of Carbonates. In 2023, Carbonates were the world's 231st most traded product, with a total trade of $17.4B. Between 2022 and 2023 the exports of Carbonates decreased by -15.1%, from $20.5B to $17.4B. Trade in Carbonates represent 0.077% of total world trade.

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

Exports In 2023 the top exporters of Carbonates  were Chile ($6.08B), United States ($2.44B), Turkey ($1.7B), China ($1.7B), and Argentina ($730M).

Imports In 2023 the top importers of Carbonates were China ($4.64B), South Korea ($1.71B), Japan ($1.13B), Brazil ($531M), and India ($519M).

Ranking Carbonates ranks 860th 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.

Latest Trends

Latest Data

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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.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Chile$6.08B
Top Destination (2023)China$4.64B

In 2023 Carbonates were the world's 231st most traded product (out of 1,217).

In 2023, the top exporters of Carbonates were Chile ($6.08B), United States ($2.44B), Turkey ($1.7B), China ($1.7B), and Argentina ($730M).

In 2023, the top importers of Carbonates were China ($4.64B), South Korea ($1.71B), Japan ($1.13B), Brazil ($531M), and India ($519M).

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Exporters of Carbonates (2023)
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Importers of Carbonates (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$151M
Top Destination Growth (2022 -  2023)Chile$73.9M

Between 2022 and 2023, the exports of Carbonates grew the fastest in United States ($151M), Argentina ($65.5M), India ($56M), Bulgaria ($37.1M), and Bosnia and Herzegovina ($35.9M).

Between 2022 and 2023, the fastest growing importers of Carbonates were Chile ($73.9M), Argentina ($46.5M), United States ($38.7M), India ($36.6M), and Germany ($32.6M).

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Exporters of Carbonates (2022 - 2023)

Importers of Carbonates (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.63. This means that most of the exports of Carbonates are explained by 12 countries.

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Value of Exports in Carbonates

Net Trade

TOP NET EXPORTER (2023)Chile$5.77B
TOP NET IMPORTER (2023)China$2.94B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Carbonates were Chile ($5.77B), United States ($1.93B), Turkey ($1.57B), Argentina ($557M), and Bulgaria ($320M).

In 2023, the countries that had a largest trade value in imports than in exports of Carbonates were China ($2.94B), South Korea ($1.5B), Japan ($1.07B), Brazil ($510M), and Mexico ($434M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Carbonates, disaggragated by their HS6 level were Lithium carbonates ($7.72B), Disodium carbonate ($5.98B), Sodium bicarbonate ($1.13B), Carbonates of metals nes ($990M), and Calcium carbonate ($957M)

HS6 Disaggregation for Carbonates (2023)
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Country Comparison

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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.

Top 10 Exporters Countries of Carbonates by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $29M
TOP IMPORT POTENTIALChina+ $5.19M

Carbonates’s highest export potential is United States. With an export gap of $29M.  Carbonates’s highest import potential is China with an import gap of $5.19M.

See methodology.

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Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Carbonates.

Country by Relatedness

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.

Relative Relatedness by Country (2023)

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