2023
Exports
$5.17MWorld Rnk 25 / 110
Flag Rnk 954 / 1212
2023
PRODUCT COMPLEXITY IN Magnesium Carbonate
-0.47Rnk 689 / 1025
2023
Imports
$171MWorld Rnk 3 / 168
Flag Rnk 335 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $5.17M in Magnesium Carbonate, making it the 25th largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 954th most exported product in India. The main destination of Magnesium Carbonate exports from India are: United Arab Emirates ($1.28M), United Kingdom ($840k), Qatar ($717k), Bangladesh ($294k), and Saudi Arabia ($199k).

The fastest growing export markets for Magnesium Carbonate of India between 2022 and 2023 were United Arab Emirates ($871k), Qatar ($717k), and United Kingdom ($307k).

Imports In 2023, India imported $171M in Magnesium Carbonate, becoming the 3rd largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 335th most imported product in India. India imports Magnesium Carbonate primarily from: China ($123M), Australia ($10.6M), Netherlands ($8.71M), Turkey ($7.52M), and Saudi Arabia ($3.97M).

The fastest growing import markets in Magnesium Carbonate for India between 2022 and 2023 were Netherlands ($6.71M), Oman ($758k), and Mexico ($423k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Magnesium Carbonate. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$5.17M
IMPORTS (2023)$171M
NET TRADE (2023)-$166M

In 2023, India exported $5.17M in Magnesium Carbonate. The main destinations of India exports on Magnesium Carbonate were United Arab Emirates ($1.28M), United Kingdom ($840k), Qatar ($717k), Bangladesh ($294k), and Saudi Arabia ($199k).

In 2023, India imported $171M in Magnesium Carbonate, mainly from China ($123M), Australia ($10.6M), Netherlands ($8.71M), Turkey ($7.52M), and Saudi Arabia ($3.97M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR India WERE (2022 - 2023):
Qatar$717k (1%)
United Kingdom$307k (57.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY India WERE (2022 - 2023):
Malaysia-$279k (-79.9%)
Bangladesh-$153k (-34.2%)
United States-$122k (-63.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Magnesium Carbonate were:
China $1.05B
In 2023, India's main importing competitors in Magnesium Carbonate were:

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $277k
TOP IMPORT POTENTIALChina+ $38.3M

Magnesium Carbonate’s highest export potential is United States. With an export gap of $277k.   Magnesium Carbonate’s highest import potential is China with an import gap of $38.3M.

See methodology.

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