2022
Exports
$185MWorld Rnk 2 / 116
Flag Rnk 607 / 1217
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate
-0.46Rnk 685 / 1025
2022
Imports
$334MWorld Rnk 1 / 172
Flag Rnk 654 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $185M in Magnesium Carbonate, making it the 2nd largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 607th most exported product in United States. The main destination of Magnesium Carbonate exports from United States are: Democratic Republic of the Congo ($87.1M), Mauritius ($52.7M), Namibia ($9.42M), Canada ($8.9M), and Mexico ($3.05M).

The fastest growing export markets for Magnesium Carbonate of United States between 2021 and 2022 were Democratic Republic of the Congo ($25.7M), Mauritius ($13.7M), and Canada ($1.68M).

Imports In 2022, United States imported $334M in Magnesium Carbonate, becoming the 1st largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 654th most imported product in United States. United States imports Magnesium Carbonate primarily from: China ($197M), Hong Kong ($29.3M), Canada ($28.3M), Israel ($22.6M), and Brazil ($19.4M).

The fastest growing import markets in Magnesium Carbonate for United States between 2021 and 2022 were China ($48M), Hong Kong ($8.68M), and Canada ($4.87M).

COMPANIES In 2023, leading companies such as RHI Magnesita (1) were at the forefront of shipping Magnesium Carbonate to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-1.41M(-31.5%)
IMPORT GROWTH (August 2023 - August 2024)$2.33M(14.7%)
MAIN EXPORTER (August 2024)Michigan$1.77M
MAIN DESTINATION (August 2024)Canada$799k

This section shows Magnesium Carbonate's exports and imports data at subnational level for United States. 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 Magnesium Carbonate over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$185M
IMPORTS (2022)$334M
NET TRADE (2022)-$149M

In 2022, United States exported $185M in Magnesium Carbonate. The main destinations of United States exports on Magnesium Carbonate were Democratic Republic of the Congo ($87.1M), Mauritius ($52.7M), Namibia ($9.42M), Canada ($8.9M), and Mexico ($3.05M).

In 2022, United States imported $334M in Magnesium Carbonate, mainly from China ($197M), Hong Kong ($29.3M), Canada ($28.3M), Israel ($22.6M), and Brazil ($19.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mauritius$13.7M (35%)
Canada$1.68M (23.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY United States WERE (2021 - 2022):
Namibia-$3.09M (-24.7%)
South Africa-$1.61M (-88.9%)
Germany-$1.33M (-37.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Magnesium Carbonate were:
In 2022, United States's main importing competitors in Magnesium Carbonate were:

Explore Visualizations

Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.65M
TOP IMPORT POTENTIALCanada+ $6.56M

Magnesium Carbonate’s highest export potential is India. With an export gap of $1.65M.   Magnesium Carbonate’s highest import potential is Canada with an import gap of $6.56M.

See methodology.

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