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280120 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.25BRnk 1321 / 4644
2023
Top Exporter | Top Importer $1.52B | $478MChile | China
2023
Product Complexity -0.65Rnk 3432 / 4656
2022 - 2023
Export Growth (CAGR) 19.4%Rnk 304 / 4644
2023
Share of World Trade 0.0099%Rnk 1321 / 4644

About

Overview This page contains the latest trade data of Iodine. In 2023, Iodine were the world's 1321st most traded product, with a total trade of $2.25B. Between 2022 and 2023 the exports of Iodine grew by 19.4%, from $1.88B to $2.25B. Trade in Iodine represent 0.0099% of total world trade.

Iodine are a part of Halogens.

Exports In 2023 the top exporters of Iodine  were Chile ($1.52B), Japan ($276M), Belgium ($164M), United States ($77.2M), and Netherlands ($73.7M).

Imports In 2023 the top importers of Iodine were China ($478M), Belgium ($400M), Norway ($253M), India ($214M), and Italy ($212M).

Ranking Iodine ranks 3432nd in the Product Complexity Index (PCI).

Description Iodine is used as an antiseptic to combat infection and also as a disinfectant. Iodine is also used in the production of various types of dyes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Iodine. 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)Chile$1.52B
Top Destination (2023)China$478M

In 2023 Iodine were the world's 1321st most traded product (out of 4,644).

In 2023, the top exporters of Iodine were Chile ($1.52B), Japan ($276M), Belgium ($164M), United States ($77.2M), and Netherlands ($73.7M).

In 2023, the top importers of Iodine were China ($478M), Belgium ($400M), Norway ($253M), India ($214M), and Italy ($212M).

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Exporters of Iodine (2023)
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Importers of Iodine (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Chile$254M
Top Destination Growth (2022 -  2023)China$121M

Between 2022 and 2023, the exports of Iodine grew the fastest in Chile ($254M), Japan ($67.7M), United States ($32.1M), Belgium ($22.8M), and Netherlands ($15.6M).

Between 2022 and 2023, the fastest growing importers of Iodine were China ($121M), Belgium ($101M), Italy ($89.5M), Norway ($55.8M), and Netherlands ($14.3M).

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Exporters of Iodine (2022 - 2023)

Importers of Iodine (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iodine.

In 2023, market concentration measured using Shannon Entropy, was 1.78. This means that most of the exports of Iodine are explained by 3 countries.

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Value of Exports in Iodine

Net Trade

TOP NET EXPORTER (2023)Chile$1.52B
TOP NET IMPORTER (2023)China$476M

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

In 2023, the countries that had a largest trade value in exports than in imports of Iodine were Chile ($1.52B), Japan ($264M), Turkmenistan ($52.6M), Azerbaijan ($15M), and Switzerland ($3.18M).

In 2023, the countries that had a largest trade value in imports than in exports of Iodine were China ($476M), Norway ($253M), Belgium ($236M), Italy ($206M), and India ($205M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Iodine 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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