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Hydroxide and peroxide of magnesium; oxides, hydroxides and peroxides of strontium or barium

2816 (Harmonized System 1992 for 4-digit)

2023
World Trade $286MRnk 1107 / 1217
2023
Top Exporter | Top Importer $52.8M | $30.7MChina | China
2022 - 2023
Export Growth (CAGR) -14.4%Rnk 884 / 1217
2023
Share of World Trade 0.0013%Rnk 1107 / 1217

About

Overview This page contains the latest trade data of Magnesium Hydroxide and Peroxide. In 2023, Magnesium Hydroxide and Peroxide were the world's 1107th most traded product, with a total trade of $286M. Between 2022 and 2023 the exports of Magnesium Hydroxide and Peroxide decreased by -14.4%, from $334M to $286M. Trade in Magnesium Hydroxide and Peroxide represent 0.0013% of total world trade.

Magnesium Hydroxide and Peroxide are a part of Inorganic chemicals. They include Magnesium hydroxide and peroxide, Barium oxide, hydroxide and peroxide, and Strontium oxide, hydroxide and peroxide.

Exports In 2023 the top exporters of Magnesium Hydroxide and Peroxide  were China ($52.8M), Russia ($41.6M), Netherlands ($37.6M), Austria ($25M), and Japan ($23.8M).

Imports In 2023 the top importers of Magnesium Hydroxide and Peroxide were China ($30.7M), Italy ($27.3M), South Korea ($26.1M), United States ($26M), and Portugal ($18.8M).

Description Hydroxide of magnesium is used in the production of soap, paper, and detergents. Peroxide of magnesium is used in the manufacture of chlorine and perchlorates. Oxides, hydroxides, and peroxides of strontium and barium are used in the manufacture of fireworks.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Magnesium Hydroxide and Peroxide. 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)China$52.8M
Top Destination (2023)China$30.7M

In 2023 Magnesium Hydroxide and Peroxide were the world's 1107th most traded product (out of 1,217).

In 2023, the top exporters of Magnesium Hydroxide and Peroxide were China ($52.8M), Russia ($41.6M), Netherlands ($37.6M), Austria ($25M), and Japan ($23.8M).

In 2023, the top importers of Magnesium Hydroxide and Peroxide were China ($30.7M), Italy ($27.3M), South Korea ($26.1M), United States ($26M), and Portugal ($18.8M).

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Exporters of Magnesium Hydroxide and Peroxide (2023)
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Importers of Magnesium Hydroxide and Peroxide (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$8.52M
Top Destination Growth (2022 -  2023)South Korea$5.44M

Between 2022 and 2023, the exports of Magnesium Hydroxide and Peroxide grew the fastest in Netherlands ($8.52M), Japan ($3.52M), Sweden ($1.02M), United Arab Emirates ($952k), and United Kingdom ($517k).

Between 2022 and 2023, the fastest growing importers of Magnesium Hydroxide and Peroxide were South Korea ($5.44M), Italy ($3.18M), France ($3.17M), Singapore ($2.23M), and Canada ($1.33M).

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Exporters of Magnesium Hydroxide and Peroxide (2022 - 2023)

Importers of Magnesium Hydroxide and Peroxide (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Magnesium Hydroxide and Peroxide.

In 2023, market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Magnesium Hydroxide and Peroxide are explained by 13 countries.

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Value of Exports in Magnesium Hydroxide and Peroxide

Net Trade

TOP NET EXPORTER (2023)Russia$40.8M
TOP NET IMPORTER (2023)South Korea$24.9M

This map shows which countries export or import more of Magnesium Hydroxide and Peroxide. Each country is colored based on the difference in exports and imports of Magnesium Hydroxide and Peroxide during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Magnesium Hydroxide and Peroxide were Russia ($40.8M), Netherlands ($34M), Austria ($22.6M), China ($22.1M), and Israel ($17.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Magnesium Hydroxide and Peroxide were South Korea ($24.9M), Italy ($24.1M), Portugal ($14.2M), Canada ($11.5M), and United States ($9.46M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Magnesium Hydroxide and Peroxide, disaggragated by their HS6 level were Magnesium hydroxide and peroxide ($250M) and Barium oxide, hydroxide and peroxide ($36.7M)

HS6 Disaggregation for Magnesium Hydroxide and Peroxide (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 Magnesium Hydroxide and Peroxide.
It is possible to select the main countries that export or import Magnesium Hydroxide and Peroxide in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Magnesium Hydroxide and Peroxide by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $760k
TOP IMPORT POTENTIALChina+ $100k

Magnesium Hydroxide and Peroxide’s highest export potential is United States. With an export gap of $760k.  Magnesium Hydroxide and Peroxide’s highest import potential is China with an import gap of $100k.

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)

Country by Relatedness

The following visualization shows the relatedness of Magnesium Hydroxide and Peroxide 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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