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284019 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.13BRnk 1981 / 4644
2023
Top Exporter | Top Importer $706M | $448MTurkey | China
2023
Product Complexity 0.16Rnk 2257 / 4656
2022 - 2023
Export Growth (CAGR) 7.36%Rnk 840 / 4644
2023
Share of World Trade 0.005%Rnk 1981 / 4644

About

Overview This page contains the latest trade data of Disodium tetraborate (refined borax) hydrated. In 2023, Disodium tetraborate (refined borax) hydrated were the world's 1981st most traded product, with a total trade of $1.13B. Between 2022 and 2023 the exports of Disodium tetraborate (refined borax) hydrated grew by 7.36%, from $1.05B to $1.13B. Trade in Disodium tetraborate (refined borax) hydrated represent 0.005% of total world trade.

Disodium tetraborate (refined borax) hydrated are a part of Borates.

Exports In 2023 the top exporters of Disodium tetraborate (refined borax) hydrated  were Turkey ($706M), United States ($332M), Luxembourg ($18.8M), Netherlands ($11.4M), and Guatemala ($9.2M).

Imports In 2023 the top importers of Disodium tetraborate (refined borax) hydrated were China ($448M), United States ($91.9M), India ($85.3M), Indonesia ($58.1M), and Netherlands ($46.1M).

Ranking Disodium tetraborate (refined borax) hydrated ranks 2257th in the Product Complexity Index (PCI).

Description It can be used as an agricultural fertilizer, to make paper stronger, and to remove water stains from furniture.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Disodium tetraborate (refined borax) hydrated. 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)Turkey$706M
Top Destination (2023)China$448M

In 2023 Disodium tetraborate (refined borax) hydrated were the world's 1981st most traded product (out of 4,644).

In 2023, the top exporters of Disodium tetraborate (refined borax) hydrated were Turkey ($706M), United States ($332M), Luxembourg ($18.8M), Netherlands ($11.4M), and Guatemala ($9.2M).

In 2023, the top importers of Disodium tetraborate (refined borax) hydrated were China ($448M), United States ($91.9M), India ($85.3M), Indonesia ($58.1M), and Netherlands ($46.1M).

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Exporters of Disodium tetraborate (refined borax) hydrated (2023)
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Importers of Disodium tetraborate (refined borax) hydrated (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$50M
Top Destination Growth (2022 -  2023)Netherlands$38.6M

Between 2022 and 2023, the exports of Disodium tetraborate (refined borax) hydrated grew the fastest in United States ($50M), Turkey ($27M), Netherlands ($7.15M), Malaysia ($5.36M), and Luxembourg ($3.2M).

Between 2022 and 2023, the fastest growing importers of Disodium tetraborate (refined borax) hydrated were Netherlands ($38.6M), India ($24.1M), Guatemala ($23.2M), United States ($17.5M), and Indonesia ($6.81M).

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Exporters of Disodium tetraborate (refined borax) hydrated (2022 - 2023)

Importers of Disodium tetraborate (refined borax) hydrated (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Disodium tetraborate (refined borax) hydrated.

In 2023, market concentration measured using Shannon Entropy, was 1.55. This means that most of the exports of Disodium tetraborate (refined borax) hydrated are explained by 2 countries.

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Value of Exports in Disodium tetraborate (refined borax) hydrated

Net Trade

TOP NET EXPORTER (2023)Turkey$706M
TOP NET IMPORTER (2023)China$443M

This map shows which countries export or import more of Disodium tetraborate (refined borax) hydrated. Each country is colored based on the difference in exports and imports of Disodium tetraborate (refined borax) hydrated during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Disodium tetraborate (refined borax) hydrated were Turkey ($706M), United States ($240M), Luxembourg ($18.7M), Argentina ($5.95M), and Djibouti ($365k).

In 2023, the countries that had a largest trade value in imports than in exports of Disodium tetraborate (refined borax) hydrated were China ($443M), India ($84.7M), Indonesia ($58.1M), Netherlands ($34.7M), and Germany ($32.8M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Disodium tetraborate (refined borax) hydrated 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 (2023)

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