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283630 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.1BRnk 2088 / 4648
2022
Top Exporter | Top Importer $217M | $84.5MChina | South Korea
2022
Product Complexity 0.23Rnk 2147 / 4653
2021 - 2022
Export Growth (CAGR) 15.9%Rnk 1047 / 4648
2022
Share of World Trade 0.0046%Rnk 2088 / 4648

About

Overview This page contains the latest trade data of Sodium bicarbonate. In 2022, Sodium bicarbonate were the world's 2088th most traded product, with a total trade of $1.1B. Between 2021 and 2022 the exports of Sodium bicarbonate grew by 15.9%, from $950M to $1.1B. Trade in Sodium bicarbonate represent 0.0046% of total world trade.

Sodium bicarbonate are a part of Carbonates.

Exports In 2022 the top exporters of Sodium bicarbonate  were China ($217M), Turkey ($160M), United States ($101M), Germany ($85M), and Italy ($73.1M).

Imports In 2022 the top importers of Sodium bicarbonate were South Korea ($84.5M), France ($78M), Indonesia ($52.7M), Italy ($48.8M), and Canada ($46.9M).

Ranking Sodium bicarbonate ranks 2147th in the Product Complexity Index (PCI).

Description Sodium bicarbonate is used to neutralize acids in the stomach, for cooking, in cleaning products, and to create baking powder.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sodium bicarbonate. 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)China$217M
Top Destination (2022)South Korea$84.5M

In 2022 Sodium bicarbonate were the world's 2088th most traded product (out of 4,648).

In 2022, the top exporters of Sodium bicarbonate were China ($217M), Turkey ($160M), United States ($101M), Germany ($85M), and Italy ($73.1M).

In 2022, the top importers of Sodium bicarbonate were South Korea ($84.5M), France ($78M), Indonesia ($52.7M), Italy ($48.8M), and Canada ($46.9M).

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

Color
Top Origin Growth (2021 -  2022)China$76.6M
Top Destination Growth (2021 -  2022)Indonesia$20.6M

Between 2021 and 2022, the exports of Sodium bicarbonate grew the fastest in China ($76.6M), Turkey ($51.7M), United States ($26.4M), Bulgaria ($22.2M), and Italy ($17M).

Between 2021 and 2022, the fastest growing importers of Sodium bicarbonate were Indonesia ($20.6M), South Korea ($18.8M), United States ($10.9M), Spain ($10.7M), and China ($8.37M).

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Exporters of Sodium bicarbonate (2021 - 2022)

Importers of Sodium bicarbonate (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.04. This means that most of the exports of Sodium bicarbonate are explained by 16 countries.

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Value of Exports in Sodium bicarbonate

Net Trade

TOP NET EXPORTER (2022)China$171M
TOP NET IMPORTER (2022)South Korea$84.1M

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

In 2022, the countries that had a largest trade value in exports than in imports of Sodium bicarbonate were China ($171M), Turkey ($155M), United States ($77.3M), Germany ($46.5M), and Spain ($40.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Sodium bicarbonate were South Korea ($84.1M), Indonesia ($52.5M), Canada ($43.9M), Vietnam ($26.1M), and Australia ($25.3M).

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

Top 10 Exporters Countries of Sodium bicarbonate 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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