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280511 (Harmonized System 1992 for 6-digit)

2022
World Trade $114MRnk 4045 / 4648
2022
Top Exporter | Top Importer $55.7M | $36.1MFrance | United States
2022
Product Complexity -1.28Rnk 4087 / 4653
2021 - 2022
Export Growth (CAGR) 3.31%Rnk 2480 / 4648
2022
Share of World Trade 0.00048%Rnk 4045 / 4648

About

Overview This page contains the latest trade data of Sodium. In 2022, Sodium were the world's 4045th most traded product, with a total trade of $114M. Between 2021 and 2022 the exports of Sodium grew by 3.31%, from $111M to $114M. Trade in Sodium represent 0.00048% of total world trade.

Sodium are a part of Alkaline Metals.

Exports In 2022 the top exporters of Sodium  were France ($55.7M), China ($40.8M), Nigeria ($3.63M), United Kingdom ($2.6M), and Australia ($2.22M).

Imports In 2022 the top importers of Sodium were United States ($36.1M), India ($19.3M), Germany ($13.6M), Japan ($7.25M), and Finland ($7.03M).

Ranking Sodium ranks 4087th in the Product Complexity Index (PCI).

Description The common industrial uses of sodium are in the production of sodium hydroxide (NaOH) and sodium chloride (NaCl), both of which are popular industrial chemicals. When combined with water, NaOH can be used to produce a variety of compounds including soaps, detergents, and other cleaners.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sodium. 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 (2022)France$55.7M
Top Destination (2022)United States$36.1M

In 2022 Sodium were the world's 4045th most traded product (out of 4,648).

In 2022, the top exporters of Sodium were France ($55.7M), China ($40.8M), Nigeria ($3.63M), United Kingdom ($2.6M), and Australia ($2.22M).

In 2022, the top importers of Sodium were United States ($36.1M), India ($19.3M), Germany ($13.6M), Japan ($7.25M), and Finland ($7.03M).

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Exporters of Sodium (2022)
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Importers of Sodium (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$6.58M
Top Destination Growth (2021 -  2022)United States$7.6M

Between 2021 and 2022, the exports of Sodium grew the fastest in China ($6.58M), United Kingdom ($1.39M), Nigeria ($1.23M), Belgium ($434k), and Austria ($427k).

Between 2021 and 2022, the fastest growing importers of Sodium were United States ($7.6M), Malaysia ($1.46M), South Korea ($1.31M), Nigeria ($1.16M), and New Zealand ($1.08M).

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Exporters of Sodium (2021 - 2022)

Importers of Sodium (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sodium.

In 2022, market concentration measured using Shannon Entropy, was 2.07. This means that most of the exports of Sodium are explained by 4 countries.

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Value of Exports in Sodium

Net Trade

TOP NET EXPORTER (2022)France$54.1M
TOP NET IMPORTER (2022)United States$34.5M

This map shows which countries export or import more of Sodium. Each country is colored based on the difference in exports and imports of Sodium during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Sodium were France ($54.1M), China ($38.7M), Nigeria ($2.23M), Australia ($2.2M), and Jordan ($826k).

In 2022, the countries that had a largest trade value in imports than in exports of Sodium were United States ($34.5M), India ($19.1M), Germany ($13.1M), Japan ($7.07M), and Finland ($7.03M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Sodium.
It is possible to select the main countries that export or import Sodium in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Sodium 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 (2022)

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