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281511 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.1BRnk 2006 / 4644
2023
Top Exporter | Top Importer $340M | $57.1MChina | Nigeria
2023
Product Complexity -1.13Rnk 3943 / 4656
2022 - 2023
Export Growth (CAGR) -17.2%Rnk 3449 / 4644
2023
Share of World Trade 0.0049%Rnk 2006 / 4644

About

Overview This page contains the latest trade data of Sodium hydroxide (caustic soda) solid. In 2023, Sodium hydroxide (caustic soda) solid were the world's 2006th most traded product, with a total trade of $1.1B. Between 2022 and 2023 the exports of Sodium hydroxide (caustic soda) solid decreased by -17.2%, from $1.33B to $1.1B. Trade in Sodium hydroxide (caustic soda) solid represent 0.0049% of total world trade.

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

Exports In 2023 the top exporters of Sodium hydroxide (caustic soda) solid  were China ($340M), India ($157M), Chinese Taipei ($47.8M), Iran ($46.3M), and France ($45.1M).

Imports In 2023 the top importers of Sodium hydroxide (caustic soda) solid were Nigeria ($57.1M), Vietnam ($44.4M), Uzbekistan ($42.4M), Indonesia ($37.8M), and Turkey ($32.6M).

Ranking Sodium hydroxide (caustic soda) solid ranks 3943rd in the Product Complexity Index (PCI).

Description Sodium hydroxide is used in the production of soap and in the production of a variety of chemicals such as ethylene oxide and formaldehyde. Sodium hydroxide is also used in the production of paper, textiles, rayon, and plastics. Sodium hydroxide is also used in the production of sodium carbonate, which is used to make glass.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sodium hydroxide (caustic soda) solid. 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$340M
Top Destination (2023)Nigeria$57.1M

In 2023 Sodium hydroxide (caustic soda) solid were the world's 2006th most traded product (out of 4,644).

In 2023, the top exporters of Sodium hydroxide (caustic soda) solid were China ($340M), India ($157M), Chinese Taipei ($47.8M), Iran ($46.3M), and France ($45.1M).

In 2023, the top importers of Sodium hydroxide (caustic soda) solid were Nigeria ($57.1M), Vietnam ($44.4M), Uzbekistan ($42.4M), Indonesia ($37.8M), and Turkey ($32.6M).

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Exporters of Sodium hydroxide (caustic soda) solid (2023)
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Importers of Sodium hydroxide (caustic soda) solid (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$48.5M
Top Destination Growth (2022 -  2023)Nigeria$19.9M

Between 2022 and 2023, the exports of Sodium hydroxide (caustic soda) solid grew the fastest in India ($48.5M), Saudi Arabia ($6.69M), Ireland ($2.68M), Zambia ($1.31M), and Kazakhstan ($1.27M).

Between 2022 and 2023, the fastest growing importers of Sodium hydroxide (caustic soda) solid were Nigeria ($19.9M), Uzbekistan ($11.6M), Kazakhstan ($7.39M), Ukraine ($7.27M), and Mozambique ($5.19M).

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Exporters of Sodium hydroxide (caustic soda) solid (2022 - 2023)

Importers of Sodium hydroxide (caustic soda) solid (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sodium hydroxide (caustic soda) solid.

In 2023, market concentration measured using Shannon Entropy, was 4.1. This means that most of the exports of Sodium hydroxide (caustic soda) solid are explained by 17 countries.

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Value of Exports in Sodium hydroxide (caustic soda) solid

Net Trade

TOP NET EXPORTER (2023)China$329M
TOP NET IMPORTER (2023)Nigeria$57.1M

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

In 2023, the countries that had a largest trade value in exports than in imports of Sodium hydroxide (caustic soda) solid were China ($329M), India ($147M), Chinese Taipei ($46.6M), Iran ($46.2M), and Qatar ($33.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Sodium hydroxide (caustic soda) solid were Nigeria ($57.1M), Vietnam ($44.4M), Uzbekistan ($41.1M), Indonesia ($37.5M), and Cote d'Ivoire ($25.7M).

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

Top 10 Exporters Countries of Sodium hydroxide (caustic soda) solid 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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