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Pricing

283531 (Harmonized System 1992 for 6-digit)

2022
World Trade $725MRnk 2540 / 4648
2022
Top Exporter | Top Importer $313M | $105MChina | United States
2022
Product Complexity 0.0012Rnk 2530 / 4653
2021 - 2022
Export Growth (CAGR) 31.7%Rnk 382 / 4648
2022
Share of World Trade 0.0031%Rnk 2540 / 4648

About

Overview This page contains the latest trade data of Sodium triphosphate. In 2022, Sodium triphosphate were the world's 2540th most traded product, with a total trade of $725M. Between 2021 and 2022 the exports of Sodium triphosphate grew by 31.7%, from $551M to $725M. Trade in Sodium triphosphate represent 0.0031% of total world trade.

Sodium triphosphate are a part of Phosphinates (hypophosphites) and phosphonates (phosphites).

Exports In 2022 the top exporters of Sodium triphosphate  were China ($313M), Belgium ($113M), Canada ($53.3M), Tunisia ($45.7M), and Thailand ($36.4M).

Imports In 2022 the top importers of Sodium triphosphate were United States ($105M), India ($55.9M), Brazil ($44.5M), Indonesia ($26.5M), and Germany ($25.8M).

Ranking Sodium triphosphate ranks 2530th in the Product Complexity Index (PCI).

Description A common use for sodium triphosphate is in laundry detergents because it works to soften water. It is also used for a number of applications in the food industry, such as in cheese processing as a buffering agent and in the production of soy sauce as a flavor enhancer.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sodium triphosphate. 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$313M
Top Destination (2022)United States$105M

In 2022 Sodium triphosphate were the world's 2540th most traded product (out of 4,648).

In 2022, the top exporters of Sodium triphosphate were China ($313M), Belgium ($113M), Canada ($53.3M), Tunisia ($45.7M), and Thailand ($36.4M).

In 2022, the top importers of Sodium triphosphate were United States ($105M), India ($55.9M), Brazil ($44.5M), Indonesia ($26.5M), and Germany ($25.8M).

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Exporters of Sodium triphosphate (2022)
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Importers of Sodium triphosphate (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$126M
Top Destination Growth (2021 -  2022)United States$32.6M

Between 2021 and 2022, the exports of Sodium triphosphate grew the fastest in China ($126M), Belgium ($26.5M), Canada ($14.2M), Czechia ($7.76M), and Germany ($4.7M).

Between 2021 and 2022, the fastest growing importers of Sodium triphosphate were United States ($32.6M), Brazil ($21.4M), India ($14.7M), Mexico ($11.4M), and Netherlands ($8.59M).

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Exporters of Sodium triphosphate (2021 - 2022)

Importers of Sodium triphosphate (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sodium triphosphate.

In 2022, market concentration measured using Shannon Entropy, was 3.07. This means that most of the exports of Sodium triphosphate are explained by 8 countries.

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Value of Exports in Sodium triphosphate

Net Trade

TOP NET EXPORTER (2022)China$308M
TOP NET IMPORTER (2022)United States$92.4M

This map shows which countries export or import more of Sodium triphosphate. Each country is colored based on the difference in exports and imports of Sodium triphosphate during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Sodium triphosphate were China ($308M), Belgium ($106M), Tunisia ($45.2M), Canada ($38.8M), and Kazakhstan ($21.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Sodium triphosphate were United States ($92.4M), India ($54.8M), Brazil ($42M), Indonesia ($26.2M), and Vietnam ($23.3M).

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

Top 10 Exporters Countries of Sodium triphosphate 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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