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282520 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.4BRnk 711 / 4648
2022
Top Exporter | Top Importer $4.14B | $3.53BChina | South Korea
2022
Product Complexity -0.48Rnk 3189 / 4653
2021 - 2022
Export Growth (CAGR) 346%Rnk 16 / 4648
2022
Share of World Trade 0.023%Rnk 711 / 4648

About

Overview This page contains the latest trade data of Lithium oxide and hydroxide. In 2022, Lithium oxide and hydroxide were the world's 711th most traded product, with a total trade of $5.4B. Between 2021 and 2022 the exports of Lithium oxide and hydroxide grew by 346%, from $1.21B to $5.4B. Trade in Lithium oxide and hydroxide represent 0.023% of total world trade.

Lithium oxide and hydroxide are a part of Inorganic Salts.

Exports In 2022 the top exporters of Lithium oxide and hydroxide  were China ($4.14B), Chile ($507M), United States ($304M), Russia ($153M), and Netherlands ($73.3M).

Imports In 2022 the top importers of Lithium oxide and hydroxide were South Korea ($3.53B), Japan ($1.06B), Poland ($112M), China ($97.9M), and United States ($52.3M).

Ranking Lithium oxide and hydroxide ranks 3189th in the Product Complexity Index (PCI).

Description Lithium oxide is a strong base and will react with acids and form salts. Lithium oxide has a wide range of applications, including in the production of glass and ceramics. Lithium hydroxide is a weaker base than lithium oxide and is used to remove carbon dioxide from the air in spacecraft and submarines.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Lithium oxide and hydroxide. 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 (2022)China$4.14B
Top Destination (2022)South Korea$3.53B

In 2022 Lithium oxide and hydroxide were the world's 711th most traded product (out of 4,648).

In 2022, the top exporters of Lithium oxide and hydroxide were China ($4.14B), Chile ($507M), United States ($304M), Russia ($153M), and Netherlands ($73.3M).

In 2022, the top importers of Lithium oxide and hydroxide were South Korea ($3.53B), Japan ($1.06B), Poland ($112M), China ($97.9M), and United States ($52.3M).

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Exporters of Lithium oxide and hydroxide (2022)
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Importers of Lithium oxide and hydroxide (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$3.31B
Top Destination Growth (2021 -  2022)South Korea$2.9B

Between 2021 and 2022, the exports of Lithium oxide and hydroxide grew the fastest in China ($3.31B), Chile ($402M), United States ($210M), Russia ($70.8M), and Netherlands ($39.5M).

Between 2021 and 2022, the fastest growing importers of Lithium oxide and hydroxide were South Korea ($2.9B), Japan ($716M), Poland ($107M), China ($81.5M), and Sweden ($48.5M).

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Exporters of Lithium oxide and hydroxide (2021 - 2022)

Importers of Lithium oxide and hydroxide (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Lithium oxide and hydroxide.

In 2022, market concentration measured using Shannon Entropy, was 1.41. This means that most of the exports of Lithium oxide and hydroxide are explained by 2 countries.

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Value of Exports in Lithium oxide and hydroxide

Net Trade

TOP NET EXPORTER (2022)China$4.04B
TOP NET IMPORTER (2022)South Korea$3.49B

This map shows which countries export or import more of Lithium oxide and hydroxide. Each country is colored based on the difference in exports and imports of Lithium oxide and hydroxide during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Lithium oxide and hydroxide were China ($4.04B), Chile ($507M), United States ($252M), Russia ($149M), and Netherlands ($38.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Lithium oxide and hydroxide were South Korea ($3.49B), Japan ($1.05B), Poland ($107M), Sweden ($50.8M), and Singapore ($46.3M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Lithium oxide and hydroxide 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 (2022)

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