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Pricing

310250 (Harmonized System 1992 for 6-digit)

2022
World Trade $296MRnk 3427 / 4648
2022
Top Exporter | Top Importer $126M | $50MChile | United States
2022
Product Complexity -0.085Rnk 2649 / 4653
2021 - 2022
Export Growth (CAGR) 95.6%Rnk 62 / 4648
2022
Share of World Trade 0.0013%Rnk 3427 / 4648

About

Overview This page contains the latest trade data of Sodium nitrate, in packs >10 kg. In 2022, Sodium nitrate, in packs >10 kg were the world's 3427th most traded product, with a total trade of $296M. Between 2021 and 2022 the exports of Sodium nitrate, in packs >10 kg grew by 95.6%, from $151M to $296M. Trade in Sodium nitrate, in packs >10 kg represent 0.0013% of total world trade.

Sodium nitrate, in packs >10 kg are a part of Nitrogenous Fertilizers.

Exports In 2022 the top exporters of Sodium nitrate, in packs >10 kg  were Chile ($126M), Germany ($47.8M), Russia ($38.7M), China ($18.7M), and United States ($18.3M).

Imports In 2022 the top importers of Sodium nitrate, in packs >10 kg were United States ($50M), United Arab Emirates ($42.8M), Mongolia ($36.7M), Brazil ($15.4M), and Canada ($13.9M).

Ranking Sodium nitrate, in packs >10 kg ranks 2649th in the Product Complexity Index (PCI).

Description Sodium nitrate is a food preservative and is often found in cured meats, such as bacon and ham. It is also used in the production of inorganic nitric acid, which is used in hydraulic fracturing, or "fracking" of shale for natural gas and oil.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Sodium nitrate, in packs >10 kg. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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)Chile$126M
Top Destination (2022)United States$50M

In 2022 Sodium nitrate, in packs >10 kg were the world's 3427th most traded product (out of 4,648).

In 2022, the top exporters of Sodium nitrate, in packs >10 kg were Chile ($126M), Germany ($47.8M), Russia ($38.7M), China ($18.7M), and United States ($18.3M).

In 2022, the top importers of Sodium nitrate, in packs >10 kg were United States ($50M), United Arab Emirates ($42.8M), Mongolia ($36.7M), Brazil ($15.4M), and Canada ($13.9M).

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Exporters of Sodium nitrate, in packs >10 kg (2022)
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Importers of Sodium nitrate, in packs >10 kg (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)Chile$74.7M
Top Destination Growth (2021 -  2022)Mongolia$36.4M

Between 2021 and 2022, the exports of Sodium nitrate, in packs >10 kg grew the fastest in Chile ($74.7M), Russia ($34.8M), United States ($12.3M), Germany ($10.9M), and China ($4.73M).

Between 2021 and 2022, the fastest growing importers of Sodium nitrate, in packs >10 kg were Mongolia ($36.4M), United States ($29.6M), United Arab Emirates ($17.8M), Canada ($10.5M), and Brazil ($8.55M).

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Exporters of Sodium nitrate, in packs >10 kg (2021 - 2022)

Importers of Sodium nitrate, in packs >10 kg (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sodium nitrate, in packs >10 kg.

In 2022, market concentration measured using Shannon Entropy, was 2.91. This means that most of the exports of Sodium nitrate, in packs >10 kg are explained by 7 countries.

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Value of Exports in Sodium nitrate, in packs >10 kg

Net Trade

TOP NET EXPORTER (2022)Chile$122M
TOP NET IMPORTER (2022)United Arab Emirates$42M

This map shows which countries export or import more of Sodium nitrate, in packs >10 kg. Each country is colored based on the difference in exports and imports of Sodium nitrate, in packs >10 kg during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Sodium nitrate, in packs >10 kg were Chile ($122M), Germany ($43.7M), Russia ($38.6M), China ($18.5M), and Czechia ($4M).

In 2022, the countries that had a largest trade value in imports than in exports of Sodium nitrate, in packs >10 kg were United Arab Emirates ($42M), United States ($31.7M), Brazil ($14M), Canada ($13.9M), and Japan ($13.6M).

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 Sodium nitrate, in packs >10 kg.
It is possible to select the main countries that export or import Sodium nitrate, in packs >10 kg in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Sodium nitrate, in packs >10 kg 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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