falsefalse South Korea
2022
Imports
falseWorld Rnk 1 / 128
Flag Rnk 613 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported N/A in Borax, making it the 13th largest exporter of Borax in the world. At the same year, Borax was the 1177th most exported product in China. The main destination of Borax exports from China are: South Korea ($437k), Senegal ($194k), Iraq ($188k), Guinea ($102k), and Vietnam ($80.9k).

The fastest growing export markets for Borax of China between 2021 and 2022 were Senegal ($194k), Iraq ($188k), and South Korea ($97.3k).

Imports In 2022, China imported $121M in Borax, becoming the 1st largest importer of Borax in the world. At the same year, Borax was the 613th most imported product in China. China imports Borax primarily from: Turkey ($112M), Bolivia ($8.19M), Malaysia ($929k), Belgium ($88.4k), and Italy ($34k).

Historical Data

Trade Balance

Color
IMPORTS (2022)$121M

In N/A, China exported N/A in Borax. The main destinations of China exports on Borax were South Korea ($437k), Senegal ($194k), Iraq ($188k), Guinea ($102k), and Vietnam ($80.9k).

In 2022, China imported $121M in Borax, mainly from Turkey ($112M), Bolivia ($8.19M), Malaysia ($929k), Belgium ($88.4k), and Italy ($34k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Borax EXPORT MARKETS FOR China WERE (2021 - 2022):
Senegal$194k (1%)
Iraq$188k (1%)
South Korea$97.3k (28.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Borax BY China WERE (2021 - 2022):
Japan-$808k (-95.1%)
Thailand-$142k (-100%)
Nigeria-$102k (-96.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Borax were:
In 2022, China's main importing competitors in Borax were:
Brazil $70.4M
India $25.3M

Explore Visualizations

Trade Value of Borax by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $63k
TOP IMPORT POTENTIALBolivia+ $1.03M

Borax’s highest export potential is Russia. With an export gap of $63k.   Borax’s highest import potential is Bolivia with an import gap of $1.03M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with