HS Icon Barium Sulphate

2511 (Harmonized System 1992 for 4-digit)

World Trade (2019): $776M, Rnk 959 / 1217

Top Exporter (2019): $169M, India

Top Importer (2019): $227M, United States

Export Growth (CAGR)(2018 - 2019): -1.71%, Rnk 533 / 1217

Mean Tariff (2018): 3.01%, Rnk 1138 / 1259

Share of World Trade (2019): 0.0043%, Rnk 959 / 1217

Overview:  This page contains the latest trade data of Barium Sulphate. In 2019, Barium Sulphate were the world's 959th most traded product, with a total trade of $776M. Between 2018 and 2019 the exports of Barium Sulphate decreased by -1.71%, from  $790M to $776M. Trade in Barium Sulphate represent 0.0043% of total world trade.

Exports: In 2019 the top exporters of Barium Sulphate  were India ($169M), China ($154M), Morocco ($99M), Netherlands ($40.9M), and Mexico ($37.3M).

Imports: In 2019 the top importers of Barium Sulphate were United States ($227M), Saudi Arabia ($54.5M), Netherlands ($37.7M), Guyana ($30.1M), and Italy ($27.7M).

Tariffs: In 2018 the average tariff for Barium Sulphate was 3.01%, making it the 1138th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Barium Sulphate are Bahamas (40.2%), Bermuda (25%), Iran (18%), Algeria (13.3%), and Georgia (11.4%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Description: Barytes is used as a pigment and in the manufacture of paints, paper, rubber, textiles, and plastics. Witherite is used as a pigment and in the manufacture of paints, paper, rubber, textiles, and plastics.

Exporters and Importers

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Trade By Country

Top Origin (2019): India, $169M

Top Destination (2019): United States, $227M

Barium Sulphate are the world's 959th most traded product.

In 2019, the top exporters of Barium Sulphate were India ($169M), China ($154M), Morocco ($99M), Netherlands ($40.9M), and Mexico ($37.3M).

In 2019, the top importers of Barium Sulphate were United States ($227M), Saudi Arabia ($54.5M), Netherlands ($37.7M), Guyana ($30.1M), and Italy ($27.7M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Trinidad and Tobago, $19.3M

Top Destination Growth (2018 - 2019): United States, $24.8M

Between 2018 and 2019, the exports of Barium Sulphate grew the fastest in Trinidad and Tobago ($19.3M), Laos ($18.4M), Guyana ($11.3M), Morocco ($9.53M), and Kazakhstan ($8.62M).

Between 2018 and 2019, the fastest growing importers of Barium Sulphate were United States ($24.8M), Guyana ($20.4M), Trinidad and Tobago ($11.4M), China ($7.16M), and Malaysia ($5.62M).

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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 Barium Sulphate.

In 2019,  market concentration measured using Shannon Entropy, was 3.79. This means that most of the exports of Barium Sulphate are explained by 13 countries.

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TOP NET EXPORTER (2019): India, $164M

TOP NET IMPORTER (2019): United States, $217M

This map shows which countries export or import more of Barium Sulphate. Each country is colored based on the difference in exports and imports of Barium Sulphate during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Barium Sulphate were India ($164M), China ($145M), Morocco ($97.1M), Kazakhstan ($33.8M), and Turkey ($33.5M).

In 2019, the countries that had a largest trade value in imports than in exports of Barium Sulphate were United States ($217M), Saudi Arabia ($53.3M), Italy ($25.4M), Kuwait ($22.2M), and Argentina ($22M).

Disaggregation

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Value

In 2019, the world most traded Barium Sulphate, disaggragated by their HS6 level were Natural barium sulphate (barytes) ($762M) and Natural barium carbonate (witherite) ($14.2M)

Import Tariffs

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In 2018, the average tariff for importing Barium Sulphate was 3.01%.  The countries with the highest tariffs for importing Barium Sulphate were Bahamas (40.2%), Bermuda (25%), Iran (18%), Algeria (13.3%), and Georgia (11.4%).

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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.