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251990 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.12BRnk 1372 / 4644
2023
Top Exporter | Top Importer $957M | $232MChina | United States
2023
Product Complexity -0.5Rnk 3222 / 4656
2022 - 2023
Export Growth (CAGR) -28%Rnk 4152 / 4644
2023
Share of World Trade 0.0094%Rnk 1372 / 4644

About

Overview This page contains the latest trade data of Magnesia, fused, dead-burned etc and magnesium oxide. In 2023, Magnesia, fused, dead-burned etc and magnesium oxide were the world's 1372nd most traded product, with a total trade of $2.12B. Between 2022 and 2023 the exports of Magnesia, fused, dead-burned etc and magnesium oxide decreased by -28%, from $2.95B to $2.12B. Trade in Magnesia, fused, dead-burned etc and magnesium oxide represent 0.0094% of total world trade.

Magnesia, fused, dead-burned etc and magnesium oxide are a part of Magnesium Carbonate.

Exports In 2023 the top exporters of Magnesia, fused, dead-burned etc and magnesium oxide  were China ($957M), Brazil ($122M), Turkey ($106M), United States ($86.5M), and Netherlands ($85.9M).

Imports In 2023 the top importers of Magnesia, fused, dead-burned etc and magnesium oxide were United States ($232M), Germany ($190M), India ($169M), Japan ($120M), and Austria ($112M).

Ranking Magnesia, fused, dead-burned etc and magnesium oxide ranks 3222nd in the Product Complexity Index (PCI).

Description Magnesia is a naturally occurring mineral that is also called magnesium oxide. Magnesia is used in the manufacture of fire extinguishers. Magnesia is also used in the production of glass, fertilizer and emergency flares. Fused magnesia is also known as magnesium oxide. Fused magnesia is used in the production of glass, fertilizer and emergency flares.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Magnesia, fused, dead-burned etc and magnesium oxide. 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)China$957M
Top Destination (2023)United States$232M

In 2023 Magnesia, fused, dead-burned etc and magnesium oxide were the world's 1372nd most traded product (out of 4,644).

In 2023, the top exporters of Magnesia, fused, dead-burned etc and magnesium oxide were China ($957M), Brazil ($122M), Turkey ($106M), United States ($86.5M), and Netherlands ($85.9M).

In 2023, the top importers of Magnesia, fused, dead-burned etc and magnesium oxide were United States ($232M), Germany ($190M), India ($169M), Japan ($120M), and Austria ($112M).

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Exporters of Magnesia, fused, dead-burned etc and magnesium oxide (2023)
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Importers of Magnesia, fused, dead-burned etc and magnesium oxide (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Austria$12.8M
Top Destination Growth (2022 -  2023)Zambia$18.1M

Between 2022 and 2023, the exports of Magnesia, fused, dead-burned etc and magnesium oxide grew the fastest in Austria ($12.8M), Hungary ($5.09M), Mauritius ($5M), Brazil ($4.96M), and India ($1.03M).

Between 2022 and 2023, the fastest growing importers of Magnesia, fused, dead-burned etc and magnesium oxide were Zambia ($18.1M), Ukraine ($13.3M), Namibia ($7.95M), Hong Kong ($4.98M), and United Arab Emirates ($3.7M).

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Exporters of Magnesia, fused, dead-burned etc and magnesium oxide (2022 - 2023)

Importers of Magnesia, fused, dead-burned etc and magnesium oxide (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Magnesia, fused, dead-burned etc and magnesium oxide.

In 2023, market concentration measured using Shannon Entropy, was 3.42. This means that most of the exports of Magnesia, fused, dead-burned etc and magnesium oxide are explained by 10 countries.

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Value of Exports in Magnesia, fused, dead-burned etc and magnesium oxide

Net Trade

TOP NET EXPORTER (2023)China$910M
TOP NET IMPORTER (2023)India$165M

This map shows which countries export or import more of Magnesia, fused, dead-burned etc and magnesium oxide. Each country is colored based on the difference in exports and imports of Magnesia, fused, dead-burned etc and magnesium oxide during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Magnesia, fused, dead-burned etc and magnesium oxide were China ($910M), Brazil ($90.1M), Israel ($66.7M), Slovakia ($55.7M), and Turkey ($47.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Magnesia, fused, dead-burned etc and magnesium oxide were India ($165M), United States ($145M), Germany ($129M), South Korea ($85.8M), and Poland ($62.5M).

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 Magnesia, fused, dead-burned etc and magnesium oxide.
It is possible to select the main countries that export or import Magnesia, fused, dead-burned etc and magnesium oxide in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Magnesia, fused, dead-burned etc and magnesium oxide 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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