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

2836 (Harmonized System 1992 for 4-digit)

2022
World Trade $19.3BRnk 228 / 1218
2022
Top Exporter | Top Importer $7.72B | $6.3BChile | China
2022
Product Complexity -1.08Rnk 861 / 1033
2021 - 2022
Export Growth (CAGR) 123%Rnk 6 / 1218
2022
Share of World Trade 0.082%Rnk 228 / 1218

About

Overview This page contains the latest trade data of Carbonates. In 2022, Carbonates were the world's 228th most traded product, with a total trade of $19.3B. Between 2021 and 2022 the exports of Carbonates grew by 123%, from $8.68B to $19.3B. Trade in Carbonates represent 0.082% 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 2022 the top exporters of Carbonates  were Chile ($7.72B), China ($2.25B), United States ($2.11B), Turkey ($1.66B), and Germany ($646M).

Imports In 2022 the top importers of Carbonates were China ($6.3B), South Korea ($1.69B), Japan ($1.27B), Brazil ($612M), and Mexico ($450M).

Ranking Carbonates ranks 861st 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 (2022)Chile$7.72B
Top Destination (2022)China$6.3B

In 2022 Carbonates were the world's 228th most traded product (out of 1,218).

In 2022, the top exporters of Carbonates were Chile ($7.72B), China ($2.25B), United States ($2.11B), Turkey ($1.66B), and Germany ($646M).

In 2022, the top importers of Carbonates were China ($6.3B), South Korea ($1.69B), Japan ($1.27B), Brazil ($612M), and Mexico ($450M).

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Exporters of Carbonates (2022)
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Importers of Carbonates (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Chile$6.82B
Top Destination Growth (2021 -  2022)China$5.52B

Between 2021 and 2022, the exports of Carbonates grew the fastest in Chile ($6.82B), China ($1.35B), Turkey ($732M), United States ($456M), and Argentina ($388M).

Between 2021 and 2022, the fastest growing importers of Carbonates were China ($5.52B), South Korea ($1.12B), Japan ($961M), Brazil ($326M), and United Kingdom ($241M).

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Exporters of Carbonates (2021 - 2022)

Importers of Carbonates (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.46. This means that most of the exports of Carbonates are explained by 11 countries.

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Value of Exports in Carbonates

Net Trade

TOP NET EXPORTER (2022)Chile$7.5B
TOP NET IMPORTER (2022)China$4.05B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Carbonates were Chile ($7.5B), United States ($1.67B), Turkey ($1.52B), Argentina ($511M), and Bulgaria ($242M).

In 2022, the countries that had a largest trade value in imports than in exports of Carbonates were China ($4.05B), South Korea ($1.46B), Japan ($1.2B), Brazil ($590M), and Mexico ($418M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Carbonates, disaggragated by their HS6 level were Lithium carbonates ($9.68B), Disodium carbonate ($5.58B), Carbonates of metals nes ($1.14B), Sodium bicarbonate ($1.1B), and Calcium carbonate ($1.01B)

HS6 Disaggregation for Carbonates (2022)
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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

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 (2022)

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 (2022)

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