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281511 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.26BRnk 1933 / 4648
2022
Top Exporter | Top Importer $416M | $62.8MChina | Vietnam
2022
Product Complexity -1.13Rnk 3962 / 4653
2021 - 2022
Export Growth (CAGR) 73%Rnk 87 / 4648
2022
Share of World Trade 0.0053%Rnk 1933 / 4648

About

Overview This page contains the latest trade data of Sodium hydroxide (caustic soda) solid. In 2022, Sodium hydroxide (caustic soda) solid were the world's 1933rd most traded product, with a total trade of $1.26B. Between 2021 and 2022 the exports of Sodium hydroxide (caustic soda) solid grew by 73%, from $729M to $1.26B. Trade in Sodium hydroxide (caustic soda) solid represent 0.0053% of total world trade.

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

Exports In 2022 the top exporters of Sodium hydroxide (caustic soda) solid  were China ($416M), India ($107M), France ($71.7M), Poland ($60.2M), and Chinese Taipei ($58.4M).

Imports In 2022 the top importers of Sodium hydroxide (caustic soda) solid were Vietnam ($62.8M), Indonesia ($42.8M), Turkey ($42.1M), Nigeria ($36.3M), and Peru ($35.5M).

Ranking Sodium hydroxide (caustic soda) solid ranks 3962nd 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 (2022)China$416M
Top Destination (2022)Vietnam$62.8M

In 2022 Sodium hydroxide (caustic soda) solid were the world's 1933rd most traded product (out of 4,648).

In 2022, the top exporters of Sodium hydroxide (caustic soda) solid were China ($416M), India ($107M), France ($71.7M), Poland ($60.2M), and Chinese Taipei ($58.4M).

In 2022, the top importers of Sodium hydroxide (caustic soda) solid were Vietnam ($62.8M), Indonesia ($42.8M), Turkey ($42.1M), Nigeria ($36.3M), and Peru ($35.5M).

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Exporters of Sodium hydroxide (caustic soda) solid (2022)
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Importers of Sodium hydroxide (caustic soda) solid (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$261M
Top Destination Growth (2021 -  2022)Vietnam$30.9M

Between 2021 and 2022, the exports of Sodium hydroxide (caustic soda) solid grew the fastest in China ($261M), Kuwait ($40M), India ($33.3M), Chinese Taipei ($26.1M), and France ($23.1M).

Between 2021 and 2022, the fastest growing importers of Sodium hydroxide (caustic soda) solid were Vietnam ($30.9M), Turkey ($26.7M), Peru ($20.7M), Indonesia ($19.9M), and Ghana ($18.9M).

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Exporters of Sodium hydroxide (caustic soda) solid (2021 - 2022)

Importers of Sodium hydroxide (caustic soda) solid (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.09. 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 (2022)China$407M
TOP NET IMPORTER (2022)Vietnam$62.2M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Sodium hydroxide (caustic soda) solid were China ($407M), India ($95.5M), France ($62.9M), Chinese Taipei ($57.2M), and Kuwait ($52.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Sodium hydroxide (caustic soda) solid were Vietnam ($62.2M), Indonesia ($41.8M), Nigeria ($36.3M), Tanzania ($33.9M), and Ghana ($29.8M).

Net Trade (2022)

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 (2022)

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