Lithium carbonates283691 (Harmonized System 1992 for 6-digit)
2021 World Trade: $1.47B, Rnk 1727 / 4641
2021 Top Exporter | Top Importer: $896M | $583M, Chile | China
2021 Product Complexity: -0.39, Rnk 3073 / 4648
2020 - 2021 Export Growth (CAGR): 48.6%, Rnk 517 / 4641
2018 Mean Tariff: 4.37%, Rnk 4713 / 6538
2021 Share of World Trade: <0.01%, Rnk 1727 / 4641
Overview This page contains the latest trade data of Lithium carbonates. In 2021, Lithium carbonates were the world's 1727th most traded product, with a total trade of $1.47B. Between 2020 and 2021 the exports of Lithium carbonates grew by 48.6%, from $989M to $1.47B. Trade in Lithium carbonates represent 0.00007% of total world trade.
Lithium carbonates are a part of Carbonates.
Exports In 2021 the top exporters of Lithium carbonates were Chile ($896M), Argentina ($247M), China ($95M), Netherlands ($50.1M), and South Korea ($45.7M).
Imports In 2021 the top importers of Lithium carbonates were China ($583M), South Korea ($326M), Japan ($164M), United States ($84.1M), and Belgium ($74.5M).
Tariffs In 2018 the average tariff for Lithium carbonates was 4.37%, making it the 4713th lowest tariff using the HS6 product classification.
Ranking Lithium carbonates ranks 3073rd in the Product Complexity Index (PCI).
Description Lithium carbonate is used to stabilize moods. It is also used to treat hyperthyroidism. It is also used as a sedative and anticonvulsant.
The following visualization shows the latest trends on Lithium 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.
Trade By Country
Lithium carbonates are the world's 1727th most traded product.
In 2021, the top exporters of Lithium carbonates were Chile ($896M), Argentina ($247M), China ($95M), Netherlands ($50.1M), and South Korea ($45.7M).
In 2021, the top importers of Lithium carbonates were China ($583M), South Korea ($326M), Japan ($164M), United States ($84.1M), and Belgium ($74.5M).
Trade by country
Between 2020 and 2021, the exports of Lithium carbonates grew the fastest in Chile ($235M), Argentina ($120M), China ($35M), South Korea ($26.5M), and Netherlands ($19.2M).
Between 2020 and 2021, the fastest growing importers of Lithium carbonates were China ($355M), South Korea ($50.5M), Japan ($19.9M), Belgium ($11.6M), and Russia ($11.4M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Lithium carbonates.
In 2021, market concentration measured using Shannon Entropy, was 2.07. This means that most of the exports of Lithium carbonates are explained by 4 countries.
This map shows which countries export or import more of Lithium carbonates. Each country is colored based on the difference in exports and imports of Lithium carbonates during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Lithium carbonates were Chile ($896M), Argentina ($246M), Netherlands ($39.3M), Bolivia ($10.7M), and Slovenia ($4.01M).
In 2021, the countries that had a largest trade value in imports than in exports of Lithium carbonates were China ($488M), South Korea ($280M), Japan ($162M), United States ($65M), and Russia ($56.8M).
This visualization shows the countries that have an important ratio of their trade related to Lithium carbonates. It is possible to select the main countries that export or import Lithium carbonates 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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