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252890 (Harmonized System 1992 for 6-digit)

2023
World Trade $414MRnk 3037 / 4644
2023
Top Exporter | Top Importer $228M | $94.5MTurkey | China
2023
Product Complexity -1.04Rnk 3854 / 4656
2022 - 2023
Export Growth (CAGR) -12.9%Rnk 3025 / 4644
2023
Share of World Trade 0.0018%Rnk 3037 / 4644

About

Overview This page contains the latest trade data of Natural borates etc nes, natural boric acid (<85%). In 2023, Natural borates etc nes, natural boric acid (<85%) were the world's 3037th most traded product, with a total trade of $414M. Between 2022 and 2023 the exports of Natural borates etc nes, natural boric acid (<85%) decreased by -12.9%, from $475M to $414M. Trade in Natural borates etc nes, natural boric acid (<85%) represent 0.0018% of total world trade.

Natural borates etc nes, natural boric acid (<85%) are a part of Borax.

Exports In 2023 the top exporters of Natural borates etc nes, natural boric acid (<85%)  were Turkey ($228M), Bolivia ($88.6M), Argentina ($36.1M), Austria ($14.7M), and Chile ($13M).

Imports In 2023 the top importers of Natural borates etc nes, natural boric acid (<85%) were China ($94.5M), Brazil ($85.9M), India ($38.8M), Czechia ($15.7M), and United States ($15.4M).

Ranking Natural borates etc nes, natural boric acid (<85%) ranks 3854th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Natural borates etc nes, natural boric acid (<85%). 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$228M
Top Destination (2023)China$94.5M

In 2023 Natural borates etc nes, natural boric acid (<85%) were the world's 3037th most traded product (out of 4,644).

In 2023, the top exporters of Natural borates etc nes, natural boric acid (<85%) were Turkey ($228M), Bolivia ($88.6M), Argentina ($36.1M), Austria ($14.7M), and Chile ($13M).

In 2023, the top importers of Natural borates etc nes, natural boric acid (<85%) were China ($94.5M), Brazil ($85.9M), India ($38.8M), Czechia ($15.7M), and United States ($15.4M).

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Exporters of Natural borates etc nes, natural boric acid (<85%) (2023)
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Importers of Natural borates etc nes, natural boric acid (<85%) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Argentina$10.2M
Top Destination Growth (2022 -  2023)Brazil$16.4M

Between 2022 and 2023, the exports of Natural borates etc nes, natural boric acid (<85%) grew the fastest in Argentina ($10.2M), Bolivia ($8.34M), Chile ($5.09M), Russia ($1.4M), and Spain ($1.22M).

Between 2022 and 2023, the fastest growing importers of Natural borates etc nes, natural boric acid (<85%) were Brazil ($16.4M), India ($7.46M), Kazakhstan ($1.57M), Sweden ($1.19M), and Austria ($1.02M).

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Exporters of Natural borates etc nes, natural boric acid (<85%) (2022 - 2023)

Importers of Natural borates etc nes, natural boric acid (<85%) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Natural borates etc nes, natural boric acid (<85%).

In 2023, market concentration measured using Shannon Entropy, was 2.19. This means that most of the exports of Natural borates etc nes, natural boric acid (<85%) are explained by 4 countries.

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Value of Exports in Natural borates etc nes, natural boric acid (<85%)

Net Trade

TOP NET EXPORTER (2023)Turkey$228M
TOP NET IMPORTER (2023)China$93.5M

This map shows which countries export or import more of Natural borates etc nes, natural boric acid (<85%). Each country is colored based on the difference in exports and imports of Natural borates etc nes, natural boric acid (<85%) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Natural borates etc nes, natural boric acid (<85%) were Turkey ($228M), Bolivia ($88.6M), Argentina ($34.8M), Chile ($12.3M), and Luxembourg ($8.54M).

In 2023, the countries that had a largest trade value in imports than in exports of Natural borates etc nes, natural boric acid (<85%) were China ($93.5M), Brazil ($85.9M), India ($38.6M), Czechia ($15.6M), and Chinese Taipei ($14.2M).

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 etc nes, natural boric acid (<85%).
It is possible to select the main countries that export or import Natural borates etc nes, natural boric acid (<85%) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Natural borates etc nes, natural boric acid (<85%) 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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