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284020 (Harmonized System 1992 for 6-digit)

2023
World Trade $157MRnk 3831 / 4644
2023
Top Exporter | Top Importer $29.6M | $16.4MUnited States | United States
2023
Product Complexity -0.29Rnk 2951 / 4656
2022 - 2023
Export Growth (CAGR) -18.8%Rnk 3593 / 4644
2023
Share of World Trade 0.00069%Rnk 3831 / 4644

About

Overview This page contains the latest trade data of Borates of metals except refined borax. In 2023, Borates of metals except refined borax were the world's 3831st most traded product, with a total trade of $157M. Between 2022 and 2023 the exports of Borates of metals except refined borax decreased by -18.8%, from $193M to $157M. Trade in Borates of metals except refined borax represent 0.00069% of total world trade.

Borates of metals except refined borax are a part of Borates.

Exports In 2023 the top exporters of Borates of metals except refined borax  were United States ($29.6M), China ($24.9M), Turkey ($18.5M), Italy ($12.8M), and Peru ($11.8M).

Imports In 2023 the top importers of Borates of metals except refined borax were United States ($16.4M), India ($15.2M), Canada ($12.4M), Brazil ($9.67M), and Belgium ($9.01M).

Ranking Borates of metals except refined borax ranks 2951st in the Product Complexity Index (PCI).

Description Borates of metals are used in the production of glass, insulation, enamels, dyes, and ceramics. They also can be used in metal refining and in the production of glass, insulation, enamels, dyes, and ceramics.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Borates of metals except refined borax. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)United States$29.6M
Top Destination (2023)United States$16.4M

In 2023 Borates of metals except refined borax were the world's 3831st most traded product (out of 4,644).

In 2023, the top exporters of Borates of metals except refined borax were United States ($29.6M), China ($24.9M), Turkey ($18.5M), Italy ($12.8M), and Peru ($11.8M).

In 2023, the top importers of Borates of metals except refined borax were United States ($16.4M), India ($15.2M), Canada ($12.4M), Brazil ($9.67M), and Belgium ($9.01M).

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Exporters of Borates of metals except refined borax (2023)
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Importers of Borates of metals except refined borax (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Argentina$3.31M
Top Destination Growth (2022 -  2023)India$4.12M

Between 2022 and 2023, the exports of Borates of metals except refined borax grew the fastest in Argentina ($3.31M), Luxembourg ($2.4M), Canada ($1.75M), Australia ($855k), and Netherlands ($796k).

Between 2022 and 2023, the fastest growing importers of Borates of metals except refined borax were India ($4.12M), Poland ($1.39M), Japan ($995k), Thailand ($970k), and Pakistan ($939k).

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Exporters of Borates of metals except refined borax (2022 - 2023)

Importers of Borates of metals except refined borax (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Borates of metals except refined borax.

In 2023, market concentration measured using Shannon Entropy, was 3.85. This means that most of the exports of Borates of metals except refined borax are explained by 14 countries.

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Value of Exports in Borates of metals except refined borax

Net Trade

TOP NET EXPORTER (2023)China$17.7M
TOP NET IMPORTER (2023)Brazil$8.94M

This map shows which countries export or import more of Borates of metals except refined borax. Each country is colored based on the difference in exports and imports of Borates of metals except refined borax during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Borates of metals except refined borax were China ($17.7M), Turkey ($17.2M), United States ($13.2M), Peru ($11.4M), and Italy ($7.53M).

In 2023, the countries that had a largest trade value in imports than in exports of Borates of metals except refined borax were Brazil ($8.94M), India ($8.5M), Canada ($6.41M), Belgium ($5.01M), and Poland ($4.36M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Borates of metals except refined borax.
It is possible to select the main countries that export or import Borates of metals except refined borax in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Borates of metals except refined borax by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

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