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2023
Exports $6.81MWorld Rnk 10 / 90
Flag Rnk 1117 / 1215
2023
Destination $724k India
2022 - 2023
FASTEST GROWING MARKET $724kIndia
2023
PRODUCT COMPLEXITY IN Boron-0.97Rnk 824 / 1025
2023
Imports $242MWorld Rnk 1 / 176
Flag Rnk 474 / 1214
2023
Origin $9.99M United States
2022 - 2023
FASTEST GROWING ORIGIN $9.99MRussia
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $6.81M in Boron, making it the 10th largest exporter of Boron in the world. At the same year, Boron was the 1117th most exported product in China. The main destination of Boron exports from China are: India ($1.54M), Japan ($795k), South Korea ($777k), Australia ($389k), and United States ($304k).

The fastest growing export markets for Boron of China between 2022 and 2023 were India ($724k), Syria ($139k), and Burma ($107k).

Imports In 2023, China imported $242M in Boron, becoming the 1st largest importer of Boron in the world. At the same year, Boron was the 474th most imported product in China. China imports Boron primarily from: United States ($79.8M), Turkey ($53.5M), Russia ($52.6M), Chile ($42.3M), and Peru ($7.36M).

The fastest growing import markets in Boron for China between 2022 and 2023 were Russia ($9.99M), Chile ($5.83M), and United States ($4.16M).

Latest Trends

December 2024

About

Overview In December 2024 China's Boron exports accounted up to $771k and imports accounted up to $26.2M, resulting in a negative trade balance of $25.5M. Between December 2023 and December 2024 the exports of China's   Boron have decreased by $-89.7k (-10.4%) from $860k to $771k, while imports increased by $8.48M (47.8%) from $17.7M to $26.2M.

Destinations In December 2024, Boron were exported mostly to India ($262k), United States ($138k), Dominican Republic ($61.9k), Japan ($55.8k), and Brazil ($38.3k), and were imported mostly from Turkey ($12.4M), United States ($7.4M), Russia ($2.86M), Chile ($2.54M), and Peru ($452k).

Growth In December 2024, the decrease in Boron's year-by-year exports was explained primarily by a decrease in exports to India ($-65k or -31.9%), Chinese Taipei ($-48.2k or -90.1%), and South Korea ($-28.9k or -37.6%). In December 2024, the increase in Boron's year-by-year imports was explained primarily by an increase in imports from Russia ($1.35M or 31.4%), Chile ($584k or 21.4%), and Chinese Taipei ($30.2k or 4.32%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-89.7k(-10.4%)
IMPORT GROWTH (December 2023 - December 2024)$8.48M(47.8%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)India$262k

This section shows Boron's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Boron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.81M
IMPORTS (2023)$242M
NET TRADE (2023)-$235M

In 2023, China exported $6.81M in Boron. The main destinations of China exports on Boron were India ($1.54M), Japan ($795k), South Korea ($777k), Australia ($389k), and United States ($304k).

In 2023, China imported $242M in Boron, mainly from United States ($79.8M), Turkey ($53.5M), Russia ($52.6M), Chile ($42.3M), and Peru ($7.36M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Boron EXPORT MARKETS FOR China WERE (2022 - 2023):
India$724k (88.4%)
Syria$139k (1%)
Burma$107k (2.44k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Boron BY China WERE (2022 - 2023):
Japan-$5.09M (-86.5%)
United States-$712k (-70.1%)
Australia-$684k (-63.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Boron were:
United States $221M
Turkey $192M
Chile $83.1M
In 2023, China's main importing competitors in Boron were:
Brazil $52.1M
South Korea $35.6M

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Trade Value of Boron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $442k
TOP IMPORT POTENTIALRussia+ $1.05M

Boron’s highest export potential is South Korea. With an export gap of $442k.   Boron’s highest import potential is Russia with an import gap of $1.05M.

See methodology.

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