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Pricing

252800 (Harmonized System 2012 for 6-digit)

2023
World Trade $399MRnk 3271 / 5198
2023
Top Exporter | Top Importer $218M | $89.3MTurkey | China
2023
Product Complexity -1.34Rnk 4626 / 5199
2022 - 2023
Export Growth (CAGR) -13.7%Rnk 3546 / 5198
2023
Share of World Trade 0.0018%Rnk 3271 / 5198

About

Overview This page contains the latest trade data of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight. In 2023, Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight were the world's 3271st most traded product, with a total trade of $399M. Between 2022 and 2023 the exports of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight decreased by -13.7%, from $463M to $399M. Trade in Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight represent 0.0018% of total world trade.

Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight are a part of Natural borates and concentrates thereof (whether or not calcined), but not including....

Exports In 2023 the top exporters of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight  were Turkey ($218M), Bolivia ($83.9M), Argentina ($35.6M), Austria ($14.8M), and Chile ($12.9M).

Imports In 2023 the top importers of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight were China ($89.3M), Brazil ($86.1M), India ($38.2M), Czechia ($15.7M), and United States ($14.7M).

Ranking Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight ranks 4626th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight. 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)Turkey$218M
Top Destination (2023)China$89.3M

In 2023 Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight were the world's 3271st most traded product (out of 5,198).

In 2023, the top exporters of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight were Turkey ($218M), Bolivia ($83.9M), Argentina ($35.6M), Austria ($14.8M), and Chile ($12.9M).

In 2023, the top importers of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight were China ($89.3M), Brazil ($86.1M), India ($38.2M), Czechia ($15.7M), and United States ($14.7M).

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Exporters of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight (2023)
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Importers of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Argentina$10.1M
Top Destination Growth (2022 -  2023)Brazil$15.6M

Between 2022 and 2023, the exports of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight grew the fastest in Argentina ($10.1M), Chile ($4.9M), Bolivia ($2.64M), Russia ($1.4M), and Spain ($1.23M).

Between 2022 and 2023, the fastest growing importers of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight were Brazil ($15.6M), India ($7.97M), Kazakhstan ($1.57M), Sweden ($1.17M), and France ($933k).

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Exporters of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight (2022 - 2023)

Importers of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight.

In 2023, market concentration measured using Shannon Entropy, was 2.22. This means that most of the exports of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight are explained by 4 countries.

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Value of Exports in Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight

Net Trade

TOP NET EXPORTER (2023)Turkey$218M
TOP NET IMPORTER (2023)China$88.4M

This map shows which countries export or import more of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight. Each country is colored based on the difference in exports and imports of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight were Turkey ($218M), Bolivia ($83.9M), Argentina ($34.4M), Chile ($12.2M), and Luxembourg ($8.49M).

In 2023, the countries that had a largest trade value in imports than in exports of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight were China ($88.4M), Brazil ($86M), India ($38M), Czechia ($15.6M), and Chinese Taipei ($12.9M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight.
It is possible to select the main countries that export or import Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weight 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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