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2022
Exports $3.83MWorld Rnk 31 / 116
Flag Rnk 981 / 1212
2022
Destination $283k Bangladesh
2021 - 2022
FASTEST GROWING MARKET $283kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate-0.46Rnk 685 / 1025
2022
Imports $186MWorld Rnk 5 / 172
Flag Rnk 327 / 1206
2022
Origin $35.4M China
2021 - 2022
FASTEST GROWING ORIGIN $35.4MChina
2022
ECONOMIC COMPLEXITY of India0.64Rnk 40 / 133

About

Exports In 2022, India exported $3.83M in Magnesium Carbonate, making it the 31st largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 981st most exported product in India. The main destination of Magnesium Carbonate exports from India are: Bangladesh ($447k), United Kingdom ($413k), United Arab Emirates ($409k), Malaysia ($309k), and Pakistan ($202k).

The fastest growing export markets for Magnesium Carbonate of India between 2021 and 2022 were United Kingdom ($283k), Pakistan ($199k), and United Arab Emirates ($152k).

Imports In 2022, India imported $186M in Magnesium Carbonate, becoming the 5th largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 327th most imported product in India. India imports Magnesium Carbonate primarily from: China ($110M), Australia ($22.8M), Turkey ($10.7M), Spain ($5.27M), and Norway ($4.86M).

The fastest growing import markets in Magnesium Carbonate for India between 2021 and 2022 were China ($35.4M), Norway ($4.86M), and Turkmenistan ($1.51M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Magnesium Carbonate. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.83M
IMPORTS (2022)$186M
NET TRADE (2022)-$182M

In 2022, India exported $3.83M in Magnesium Carbonate. The main destinations of India exports on Magnesium Carbonate were Bangladesh ($447k), United Kingdom ($413k), United Arab Emirates ($409k), Malaysia ($309k), and Pakistan ($202k).

In 2022, India imported $186M in Magnesium Carbonate, mainly from China ($110M), Australia ($22.8M), Turkey ($10.7M), Spain ($5.27M), and Norway ($4.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR India WERE (2021 - 2022):
United Kingdom$283k (216%)
Pakistan$199k (7.17k%)
United Arab Emirates$152k (58.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY India WERE (2021 - 2022):
Singapore-$79.3k (-41.7%)
China-$78k (-65.4%)
South Africa-$52k (-53.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Magnesium Carbonate were:
China $1.24B
United States $185M
Netherlands $119M
In 2022, India's main importing competitors in Magnesium Carbonate were:
United States $334M
Germany $230M
Democratic Republic of the Congo $214M

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $277k
TOP IMPORT POTENTIALChina+ $38.3M

Magnesium Carbonate’s highest export potential is United States. With an export gap of $277k.   Magnesium Carbonate’s highest import potential is China with an import gap of $38.3M.

See methodology.

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