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283640 (Harmonized System 1992 for 6-digit)

2023
World Trade $414MRnk 3036 / 4644
2023
Top Exporter | Top Importer $148M | $51.6MSouth Korea | India
2023
Product Complexity 0.51Rnk 1643 / 4656
2022 - 2023
Export Growth (CAGR) -18.7%Rnk 3583 / 4644
2023
Share of World Trade 0.0018%Rnk 3036 / 4644

About

Overview This page contains the latest trade data of Potassium carbonates. In 2023, Potassium carbonates were the world's 3036th most traded product, with a total trade of $414M. Between 2022 and 2023 the exports of Potassium carbonates decreased by -18.7%, from $509M to $414M. Trade in Potassium carbonates represent 0.0018% of total world trade.

Potassium carbonates are a part of Carbonates.

Exports In 2023 the top exporters of Potassium carbonates  were South Korea ($148M), Germany ($46.8M), France ($42.2M), China ($26.7M), and Italy ($25M).

Imports In 2023 the top importers of Potassium carbonates were India ($51.6M), United States ($35.6M), Turkey ($21.5M), Japan ($17M), and Germany ($16.2M).

Ranking Potassium carbonates ranks 1643rd in the Product Complexity Index (PCI).

Description Potassium carbonates are often used in the manufacturing of pharmaceuticals, especially those used to treat acid reflux and heartburn. Other common uses include making detergents and deodorant.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Potassium carbonates. 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)South Korea$148M
Top Destination (2023)India$51.6M

In 2023 Potassium carbonates were the world's 3036th most traded product (out of 4,644).

In 2023, the top exporters of Potassium carbonates were South Korea ($148M), Germany ($46.8M), France ($42.2M), China ($26.7M), and Italy ($25M).

In 2023, the top importers of Potassium carbonates were India ($51.6M), United States ($35.6M), Turkey ($21.5M), Japan ($17M), and Germany ($16.2M).

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Exporters of Potassium carbonates (2023)
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Importers of Potassium carbonates (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Uzbekistan$5.03M
Top Destination Growth (2022 -  2023)India$6.82M

Between 2022 and 2023, the exports of Potassium carbonates grew the fastest in Uzbekistan ($5.03M), Chinese Taipei ($3.95M), Ireland ($1.94M), Canada ($1.49M), and Netherlands ($1.48M).

Between 2022 and 2023, the fastest growing importers of Potassium carbonates were India ($6.82M), China ($3.48M), Japan ($1.8M), Norway ($1.65M), and Thailand ($1.48M).

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Exporters of Potassium carbonates (2022 - 2023)

Importers of Potassium carbonates (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Potassium carbonates.

In 2023, market concentration measured using Shannon Entropy, was 3.42. This means that most of the exports of Potassium carbonates are explained by 10 countries.

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Value of Exports in Potassium carbonates

Net Trade

TOP NET EXPORTER (2023)South Korea$144M
TOP NET IMPORTER (2023)India$50.7M

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

In 2023, the countries that had a largest trade value in exports than in imports of Potassium carbonates were South Korea ($144M), Germany ($30.6M), France ($26.5M), Chinese Taipei ($18.9M), and Ireland ($18.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Potassium carbonates were India ($50.7M), Turkey ($20.2M), Japan ($16.3M), United States ($14.4M), and United Kingdom ($13.3M).

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

Top 10 Exporters Countries of Potassium carbonates 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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