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2022
Exports $127MWorld Rnk 5 / 100
Flag Rnk 511 / 1216
2022
Destination $22.2M Germany
2021 - 2022
FASTEST GROWING MARKET $22.2MAustria
2022
PRODUCT COMPLEXITY IN Magnesium0.95Rnk 193 / 1025
2022
Imports $132MWorld Rnk 8 / 168
Flag Rnk 549 / 1214
2022
Origin $4.47M China
2021 - 2022
FASTEST GROWING ORIGIN $4.47MGermany
2022
ECONOMIC COMPLEXITY of Netherlands1.11Rnk 23 / 133

About

Exports In 2022, Netherlands exported $127M in Magnesium, making it the 5th largest exporter of Magnesium in the world. At the same year, Magnesium was the 511th most exported product in Netherlands. The main destination of Magnesium exports from Netherlands are: Germany ($27.1M), Austria ($23M), Italy ($14.7M), France ($11.6M), and United States ($9.89M).

The fastest growing export markets for Magnesium of Netherlands between 2021 and 2022 were Austria ($22.2M), Italy ($10.1M), and United States ($9.4M).

Imports In 2022, Netherlands imported $132M in Magnesium, becoming the 8th largest importer of Magnesium in the world. At the same year, Magnesium was the 549th most imported product in Netherlands. Netherlands imports Magnesium primarily from: China ($109M), Germany ($7.9M), Turkey ($2.54M), France ($1.66M), and Mexico ($1.47M).

The fastest growing import markets in Magnesium for Netherlands between 2021 and 2022 were Germany ($4.47M), France ($1.55M), and Mexico ($1.22M).

Latest Trends

Aug 2024

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. 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 (2022)$127M
IMPORTS (2022)$132M
NET TRADE (2022)-$5.12M

In 2022, Netherlands exported $127M in Magnesium. The main destinations of Netherlands exports on Magnesium were Germany ($27.1M), Austria ($23M), Italy ($14.7M), France ($11.6M), and United States ($9.89M).

In 2022, Netherlands imported $132M in Magnesium, mainly from China ($109M), Germany ($7.9M), Turkey ($2.54M), France ($1.66M), and Mexico ($1.47M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium EXPORT MARKETS FOR Netherlands WERE (2021 - 2022):
Austria$22.2M (2.62k%)
Italy$10.1M (220%)
United States$9.4M (1.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium BY Netherlands WERE (2021 - 2022):
Czechia-$822k (-52.9%)
Belarus-$770k (-80.3%)
Iceland-$405k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Netherlands's main exporting competitors in Magnesium were:
China $2.46B
Israel $231M
Turkey $152M
In 2022, Netherlands's main importing competitors in Magnesium were:
United States $877M
Canada $477M
Germany $211M

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Trade Value of Magnesium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $9.51M
TOP IMPORT POTENTIALGermany+ $3.98M

Magnesium’s highest export potential is Germany. With an export gap of $9.51M.   Magnesium’s highest import potential is Germany with an import gap of $3.98M.

See methodology.

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