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281610 (Harmonized System 1992 for 6-digit)

2023
World Trade $250MRnk 3498 / 4644
2023
Top Exporter | Top Importer $41.6M | $27.8MRussia | China
2023
Product Complexity 1.09Rnk 643 / 4656
2022 - 2023
Export Growth (CAGR) -10.2%Rnk 2733 / 4644
2023
Share of World Trade 0.0011%Rnk 3498 / 4644

About

Overview This page contains the latest trade data of Magnesium hydroxide and peroxide. In 2023, Magnesium hydroxide and peroxide were the world's 3498th most traded product, with a total trade of $250M. Between 2022 and 2023 the exports of Magnesium hydroxide and peroxide decreased by -10.2%, from $278M to $250M. Trade in Magnesium hydroxide and peroxide represent 0.0011% of total world trade.

Magnesium hydroxide and peroxide are a part of Magnesium Hydroxide and Peroxide.

Exports In 2023 the top exporters of Magnesium hydroxide and peroxide  were Russia ($41.6M), Netherlands ($37.3M), China ($26.2M), Austria ($24.9M), and Japan ($22.9M).

Imports In 2023 the top importers of Magnesium hydroxide and peroxide were China ($27.8M), Italy ($26.3M), United States ($21.7M), Portugal ($18.8M), and South Korea ($18.5M).

Ranking Magnesium hydroxide and peroxide ranks 643rd in the Product Complexity Index (PCI).

Description Magnesium hydroxide is used for treating constipation and peroxide is used for cleaning wounds.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Magnesium hydroxide and peroxide. 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)Russia$41.6M
Top Destination (2023)China$27.8M

In 2023 Magnesium hydroxide and peroxide were the world's 3498th most traded product (out of 4,644).

In 2023, the top exporters of Magnesium hydroxide and peroxide were Russia ($41.6M), Netherlands ($37.3M), China ($26.2M), Austria ($24.9M), and Japan ($22.9M).

In 2023, the top importers of Magnesium hydroxide and peroxide were China ($27.8M), Italy ($26.3M), United States ($21.7M), Portugal ($18.8M), and South Korea ($18.5M).

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Exporters of Magnesium hydroxide and peroxide (2023)
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Importers of Magnesium hydroxide and peroxide (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$8.69M
Top Destination Growth (2022 -  2023)South Korea$6.2M

Between 2022 and 2023, the exports of Magnesium hydroxide and peroxide grew the fastest in Netherlands ($8.69M), Japan ($5.94M), China ($2.43M), Sweden ($1.02M), and United Arab Emirates ($981k).

Between 2022 and 2023, the fastest growing importers of Magnesium hydroxide and peroxide were South Korea ($6.2M), France ($4.71M), Italy ($3.93M), Singapore ($2.25M), and Canada ($2.03M).

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Exporters of Magnesium hydroxide and peroxide (2022 - 2023)

Importers of Magnesium hydroxide and peroxide (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Magnesium hydroxide and peroxide.

In 2023, market concentration measured using Shannon Entropy, was 3.75. This means that most of the exports of Magnesium hydroxide and peroxide are explained by 13 countries.

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Value of Exports in Magnesium hydroxide and peroxide

Net Trade

TOP NET EXPORTER (2023)Russia$40.9M
TOP NET IMPORTER (2023)Italy$23.2M

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

In 2023, the countries that had a largest trade value in exports than in imports of Magnesium hydroxide and peroxide were Russia ($40.9M), Netherlands ($34.2M), Austria ($22.9M), Japan ($19.5M), and Israel ($17.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Magnesium hydroxide and peroxide were Italy ($23.2M), South Korea ($17.3M), Portugal ($14.1M), Canada ($10.5M), and France ($8.8M).

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

Top 10 Exporters Countries of Magnesium hydroxide and peroxide 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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