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282731 (Harmonized System 1992 for 6-digit)

2023
World Trade $171MRnk 3776 / 4644
2023
Top Exporter | Top Importer $34.6M | $27.3MIsrael | United States
2023
Product Complexity 0.97Rnk 816 / 4656
2022 - 2023
Export Growth (CAGR) -10.4%Rnk 2756 / 4644
2023
Share of World Trade 0.00075%Rnk 3776 / 4644

About

Overview This page contains the latest trade data of Magnesium chloride. In 2023, Magnesium chloride were the world's 3776th most traded product, with a total trade of $171M. Between 2022 and 2023 the exports of Magnesium chloride decreased by -10.4%, from $190M to $171M. Trade in Magnesium chloride represent 0.00075% of total world trade.

Magnesium chloride are a part of Chlorides.

Exports In 2023 the top exporters of Magnesium chloride  were Israel ($34.6M), China ($29.1M), Netherlands ($21M), Germany ($19.9M), and Czechia ($15.5M).

Imports In 2023 the top importers of Magnesium chloride were United States ($27.3M), Canada ($12.9M), South Korea ($11.1M), Sweden ($10.7M), and Japan ($8.27M).

Ranking Magnesium chloride ranks 816th in the Product Complexity Index (PCI).

Description Magnesium chloride is often used to reduce water hardness, as a dust suppressant, and in preparation of aluminum, steel, and carbon steel.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Magnesium chloride. 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)Israel$34.6M
Top Destination (2023)United States$27.3M

In 2023 Magnesium chloride were the world's 3776th most traded product (out of 4,644).

In 2023, the top exporters of Magnesium chloride were Israel ($34.6M), China ($29.1M), Netherlands ($21M), Germany ($19.9M), and Czechia ($15.5M).

In 2023, the top importers of Magnesium chloride were United States ($27.3M), Canada ($12.9M), South Korea ($11.1M), Sweden ($10.7M), and Japan ($8.27M).

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Exporters of Magnesium chloride (2023)
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Importers of Magnesium chloride (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$2.7M
Top Destination Growth (2022 -  2023)Canada$3.55M

Between 2022 and 2023, the exports of Magnesium chloride grew the fastest in United States ($2.7M), Norway ($1.47M), Czechia ($1.43M), Finland ($692k), and Netherlands ($687k).

Between 2022 and 2023, the fastest growing importers of Magnesium chloride were Canada ($3.55M), Sweden ($3.53M), Russia ($3.07M), Norway ($1.54M), and Finland ($1.49M).

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Exporters of Magnesium chloride (2022 - 2023)

Importers of Magnesium chloride (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Magnesium chloride.

In 2023, market concentration measured using Shannon Entropy, was 3.57. This means that most of the exports of Magnesium chloride are explained by 11 countries.

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Value of Exports in Magnesium chloride

Net Trade

TOP NET EXPORTER (2023)Israel$34M
TOP NET IMPORTER (2023)United States$13.4M

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

In 2023, the countries that had a largest trade value in exports than in imports of Magnesium chloride were Israel ($34M), China ($28.1M), Netherlands ($19.3M), Czechia ($14.3M), and Germany ($13.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Magnesium chloride were United States ($13.4M), Canada ($12.4M), South Korea ($11M), Sweden ($10.6M), and Russia ($6.75M).

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 Magnesium chloride.
It is possible to select the main countries that export or import Magnesium chloride in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Magnesium chloride 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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