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251990 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.63BRnk 1248 / 4648
2022
Top Exporter | Top Importer $1.16B | $328MChina | United States
2022
Product Complexity -0.31Rnk 2965 / 4653
2021 - 2022
Export Growth (CAGR) 10.8%Rnk 1528 / 4648
2022
Share of World Trade 0.011%Rnk 1248 / 4648

About

Overview This page contains the latest trade data of Magnesia, fused, dead-burned etc and magnesium oxide. In 2022, Magnesia, fused, dead-burned etc and magnesium oxide were the world's 1248th most traded product, with a total trade of $2.63B. Between 2021 and 2022 the exports of Magnesia, fused, dead-burned etc and magnesium oxide grew by 10.8%, from $2.37B to $2.63B. Trade in Magnesia, fused, dead-burned etc and magnesium oxide represent 0.011% of total world trade.

Magnesia, fused, dead-burned etc and magnesium oxide are a part of Magnesium Carbonate.

Exports In 2022 the top exporters of Magnesia, fused, dead-burned etc and magnesium oxide  were China ($1.16B), United States ($184M), Netherlands ($118M), Turkey ($111M), and Germany ($101M).

Imports In 2022 the top importers of Magnesia, fused, dead-burned etc and magnesium oxide were United States ($328M), Germany ($229M), Democratic Republic of the Congo ($213M), Netherlands ($204M), and India ($182M).

Ranking Magnesia, fused, dead-burned etc and magnesium oxide ranks 2965th in the Product Complexity Index (PCI).

Description Magnesia is a naturally occurring mineral that is also called magnesium oxide. Magnesia is used in the manufacture of fire extinguishers. Magnesia is also used in the production of glass, fertilizer and emergency flares. Fused magnesia is also known as magnesium oxide. Fused magnesia is used in the production of glass, fertilizer and emergency flares.

Latest Trends

Latest Data

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Flow
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The following visualization shows the latest trends on Magnesia, fused, dead-burned etc and magnesium oxide. 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)China$1.16B
Top Destination (2022)United States$328M

In 2022 Magnesia, fused, dead-burned etc and magnesium oxide were the world's 1248th most traded product (out of 4,648).

In 2022, the top exporters of Magnesia, fused, dead-burned etc and magnesium oxide were China ($1.16B), United States ($184M), Netherlands ($118M), Turkey ($111M), and Germany ($101M).

In 2022, the top importers of Magnesia, fused, dead-burned etc and magnesium oxide were United States ($328M), Germany ($229M), Democratic Republic of the Congo ($213M), Netherlands ($204M), and India ($182M).

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Exporters of Magnesia, fused, dead-burned etc and magnesium oxide (2022)
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Importers of Magnesia, fused, dead-burned etc and magnesium oxide (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$163M
Top Destination Growth (2021 -  2022)Democratic Republic of the Congo$73.5M

Between 2021 and 2022, the exports of Magnesia, fused, dead-burned etc and magnesium oxide grew the fastest in China ($163M), United States ($35.8M), Germany ($30.5M), Tanzania ($28.6M), and Hong Kong ($15.5M).

Between 2021 and 2022, the fastest growing importers of Magnesia, fused, dead-burned etc and magnesium oxide were Democratic Republic of the Congo ($73.5M), Germany ($58.4M), Netherlands ($54.6M), India ($39M), and United States ($34.9M).

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Exporters of Magnesia, fused, dead-burned etc and magnesium oxide (2021 - 2022)

Importers of Magnesia, fused, dead-burned etc and magnesium oxide (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Magnesia, fused, dead-burned etc and magnesium oxide.

In 2022, market concentration measured using Shannon Entropy, was 3.48. This means that most of the exports of Magnesia, fused, dead-burned etc and magnesium oxide are explained by 11 countries.

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Value of Exports in Magnesia, fused, dead-burned etc and magnesium oxide

Net Trade

TOP NET EXPORTER (2022)China$1.12B
TOP NET IMPORTER (2022)Democratic Republic of the Congo$213M

This map shows which countries export or import more of Magnesia, fused, dead-burned etc and magnesium oxide. Each country is colored based on the difference in exports and imports of Magnesia, fused, dead-burned etc and magnesium oxide during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Magnesia, fused, dead-burned etc and magnesium oxide were China ($1.12B), Israel ($70.8M), Australia ($68.3M), Turkey ($59.4M), and Slovakia ($59.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Magnesia, fused, dead-burned etc and magnesium oxide were Democratic Republic of the Congo ($213M), India ($179M), United States ($144M), Germany ($128M), and South Korea ($92M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Magnesia, fused, dead-burned etc and magnesium oxide.
It is possible to select the main countries that export or import Magnesia, fused, dead-burned etc and magnesium oxide in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Magnesia, fused, dead-burned etc and magnesium oxide 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)

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