HS Icon Disodium carbonate

283620 (Harmonized System 1992 for 6-digit)

World Trade (2018): $3.64B, Rnk 847 / 4726

Top Exporter (2018): $1.48B, United States

Top Importer (2018): $313M, Mexico

Product Complexity (2018): -0.63, Rnk 3543 / 4873

Export Growth (CAGR)(2017 - 2018): 15%, Rnk 1897 / 4726

Mean Tariff (2018): 4.32%, Rnk 4689 / 6538

Share of World Trade (2018): 0.02%, Rnk 847 / 4726

Overview:  This page contains the latest trade data of Disodium carbonate. In 2018, Disodium carbonate were the world's 847th most traded product, with a total trade of $3.64B. Between 2017 and 2018 the exports of Disodium carbonate grew by 15%, from  $3.17B to $3.64B. Trade in Disodium carbonate represent 0.02% of total world trade.

Exports: In 2018 the top exporters of Disodium carbonate  were United States ($1.48B), Turkey ($616M), China ($354M), Bulgaria ($201M), and Russia ($182M).

Imports: In 2018 the top importers of Disodium carbonate were Mexico ($313M), Brazil ($273M), Indonesia ($216M), India ($193M), and Thailand ($184M).

Tariffs: In 2018 the average tariff for Disodium carbonate was 4.32%, been the 4689 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Disodium carbonate are Bahamas (40.2%), Bermuda (25%), Bulgaria (20.4%), Romania (17.2%), and Maldives (14.7%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Disodium carbonate ranks 3543rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $1.48B

Top Destination (2018): Mexico, $313M

Disodium carbonate are the world's 847th most traded product.

In 2018, the top exporters of Disodium carbonate were United States ($1.48B), Turkey ($616M), China ($354M), Bulgaria ($201M), and Russia ($182M).

In 2018, the top importers of Disodium carbonate were Mexico ($313M), Brazil ($273M), Indonesia ($216M), India ($193M), and Thailand ($184M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Turkey, $271M

Top Destination Growth (2017 - 2018): Brazil, $55.5M

Between 2017 and 2018, the exports of Disodium carbonate grew the fastest in Turkey ($271M), United States ($128M), Germany ($43.6M), Spain ($40.6M), and Bulgaria ($28.4M).

Between 2017 and 2018, the fastest growing importers of Disodium carbonate were Brazil ($55.5M), India ($53.6M), China ($43.9M), Mexico ($42.6M), and Argentina ($37.8M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Disodium carbonate.

In 2018,  market concentration measured using Shannon Entropy, was 3.07. This means that most of the exports of Disodium carbonate are explained by 8 countries.

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TOP NET EXPORTER (2018): United States, $1.47B

TOP NET IMPORTER (2018): Mexico, $309M

This map shows which countries export or import more of Disodium carbonate. Each country is colored based on the difference in exports and imports of Disodium carbonate during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Disodium carbonate were United States ($1.47B), Turkey ($597M), China ($306M), Bulgaria ($201M), and Russia ($180M).

In 2018, the countries that had a largest trade value in imports than in exports of Disodium carbonate were Mexico ($309M), Brazil ($272M), Indonesia ($212M), Thailand ($183M), and India ($169M).

Trade Forecasts

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This section shows forecasts for total trade for Disodium carbonate. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Disodium carbonate was 4.32%.  The countries with the highest tariffs for importing Disodium carbonate were Bahamas (40.2%), Bermuda (25%), Bulgaria (20.4%), Romania (17.2%), and Maldives (14.7%).

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Product Complexity

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Diversification Frontier

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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.