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281520 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.03BRnk 2081 / 4644
2023
Top Exporter | Top Importer $247M | $117MSouth Korea | Germany
2023
Product Complexity 0.36Rnk 1918 / 4656
2022 - 2023
Export Growth (CAGR) -29.8%Rnk 4222 / 4644
2023
Share of World Trade 0.0045%Rnk 2081 / 4644

About

Overview This page contains the latest trade data of Potassium hydroxide (caustic potash). In 2023, Potassium hydroxide (caustic potash) were the world's 2081st most traded product, with a total trade of $1.03B. Between 2022 and 2023 the exports of Potassium hydroxide (caustic potash) decreased by -29.8%, from $1.46B to $1.03B. Trade in Potassium hydroxide (caustic potash) represent 0.0045% of total world trade.

Potassium hydroxide (caustic potash) are a part of Sodium or Potassium Peroxides.

Exports In 2023 the top exporters of Potassium hydroxide (caustic potash)  were South Korea ($247M), Belgium ($175M), United States ($115M), China ($91.2M), and Czechia ($75.1M).

Imports In 2023 the top importers of Potassium hydroxide (caustic potash) were Germany ($117M), France ($58.9M), United States ($57.1M), Netherlands ($56.8M), and Malaysia ($47.5M).

Ranking Potassium hydroxide (caustic potash) ranks 1918th in the Product Complexity Index (PCI).

Description Potassium hydroxide is used in the production of soaps and detergents, paints and varnishes, textiles, pulp and paper, pharmaceuticals, water treatment, and petroleum refining.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Potassium hydroxide (caustic potash). 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)South Korea$247M
Top Destination (2023)Germany$117M

In 2023 Potassium hydroxide (caustic potash) were the world's 2081st most traded product (out of 4,644).

In 2023, the top exporters of Potassium hydroxide (caustic potash) were South Korea ($247M), Belgium ($175M), United States ($115M), China ($91.2M), and Czechia ($75.1M).

In 2023, the top importers of Potassium hydroxide (caustic potash) were Germany ($117M), France ($58.9M), United States ($57.1M), Netherlands ($56.8M), and Malaysia ($47.5M).

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Exporters of Potassium hydroxide (caustic potash) (2023)
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Importers of Potassium hydroxide (caustic potash) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$5.58M
Top Destination Growth (2022 -  2023)United States$16M

Between 2022 and 2023, the exports of Potassium hydroxide (caustic potash) grew the fastest in Mexico ($5.58M), Jordan ($4.73M), Sweden ($2.88M), Thailand ($1.85M), and Denmark ($1.25M).

Between 2022 and 2023, the fastest growing importers of Potassium hydroxide (caustic potash) were United States ($16M), China ($13.8M), India ($6.88M), Japan ($5.74M), and Egypt ($2.84M).

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Exporters of Potassium hydroxide (caustic potash) (2022 - 2023)

Importers of Potassium hydroxide (caustic potash) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Potassium hydroxide (caustic potash).

In 2023, market concentration measured using Shannon Entropy, was 3.51. This means that most of the exports of Potassium hydroxide (caustic potash) are explained by 11 countries.

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Value of Exports in Potassium hydroxide (caustic potash)

Net Trade

TOP NET EXPORTER (2023)South Korea$241M
TOP NET IMPORTER (2023)Germany$62.9M

This map shows which countries export or import more of Potassium hydroxide (caustic potash). Each country is colored based on the difference in exports and imports of Potassium hydroxide (caustic potash) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Potassium hydroxide (caustic potash) were South Korea ($241M), Belgium ($132M), China ($70.6M), Czechia ($69.6M), and Italy ($65.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Potassium hydroxide (caustic potash) were Germany ($62.9M), Netherlands ($51.6M), Malaysia ($44.7M), Denmark ($43.2M), and Israel ($40.5M).

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 Potassium hydroxide (caustic potash).
It is possible to select the main countries that export or import Potassium hydroxide (caustic potash) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Potassium hydroxide (caustic potash) 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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