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Sulphuric acid; oleum

2807 (Harmonized System 1992 for 4-digit)

2023
World Trade $2.2BRnk 747 / 1217
2023
Top Exporter | Top Importer $279M | $501MCanada | Chile
2023
Product Complexity 0.044Rnk 554 / 1044
2022 - 2023
Export Growth (CAGR) -43.1%Rnk 1198 / 1217
2023
Share of World Trade 0.0097%Rnk 747 / 1217

About

Overview This page contains the latest trade data of Sulfuric Acid. In 2023, Sulfuric Acid were the world's 747th most traded product, with a total trade of $2.2B. Between 2022 and 2023 the exports of Sulfuric Acid decreased by -43.1%, from $3.87B to $2.2B. Trade in Sulfuric Acid represent 0.0097% of total world trade.

Sulfuric Acid are a part of Inorganic chemicals. They include Sulphuric acid, oleum.

Exports In 2023 the top exporters of Sulfuric Acid  were Canada ($279M), South Korea ($202M), China ($186M), Peru ($175M), and Japan ($168M).

Imports In 2023 the top importers of Sulfuric Acid were Chile ($501M), United States ($446M), India ($140M), Democratic Republic of the Congo ($86.6M), and Morocco ($74.3M).

Ranking Sulfuric Acid ranks 554th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sulfuric Acid. 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)Canada$279M
Top Destination (2023)Chile$501M

In 2023 Sulfuric Acid were the world's 747th most traded product (out of 1,217).

In 2023, the top exporters of Sulfuric Acid were Canada ($279M), South Korea ($202M), China ($186M), Peru ($175M), and Japan ($168M).

In 2023, the top importers of Sulfuric Acid were Chile ($501M), United States ($446M), India ($140M), Democratic Republic of the Congo ($86.6M), and Morocco ($74.3M).

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Exporters of Sulfuric Acid (2023)
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Importers of Sulfuric Acid (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$69M
Top Destination Growth (2022 -  2023)Kazakhstan$22.7M

Between 2022 and 2023, the exports of Sulfuric Acid grew the fastest in Canada ($69M), Russia ($15.3M), Netherlands ($13.5M), Sweden ($9.97M), and Chile ($7.11M).

Between 2022 and 2023, the fastest growing importers of Sulfuric Acid were Kazakhstan ($22.7M), Finland ($19.2M), Peru ($11.8M), Belgium ($9.42M), and Indonesia ($5.23M).

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Exporters of Sulfuric Acid (2022 - 2023)

Importers of Sulfuric Acid (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sulfuric Acid.

In 2023, market concentration measured using Shannon Entropy, was 4.48. This means that most of the exports of Sulfuric Acid are explained by 22 countries.

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Value of Exports in Sulfuric Acid

Net Trade

TOP NET EXPORTER (2023)Canada$256M
TOP NET IMPORTER (2023)Chile$493M

This map shows which countries export or import more of Sulfuric Acid. Each country is colored based on the difference in exports and imports of Sulfuric Acid during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Sulfuric Acid were Canada ($256M), South Korea ($201M), China ($168M), Japan ($167M), and Peru ($143M).

In 2023, the countries that had a largest trade value in imports than in exports of Sulfuric Acid were Chile ($493M), United States ($412M), India ($133M), Morocco ($74.2M), and Brazil ($54.6M).

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

Top 10 Exporters Countries of Sulfuric Acid by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $29.9M
TOP IMPORT POTENTIALSouth Korea+ $1.6M

Sulfuric Acid’s highest export potential is India. With an export gap of $29.9M.  Sulfuric Acid’s highest import potential is South Korea with an import gap of $1.6M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Sulfuric Acid.

Country by Relatedness

The following visualization shows the relatedness of Sulfuric Acid to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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