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Barite: top exporters and importers (2024)

In 2024, world trade in barite totaled $937 million (7.1 million tonnes). The top exporters were India (20%), China (16%) and Morocco (15%); the top importers were the United States (26%), Saudi Arabia (14%) and Argentina (5%). Compared with 2019, the value rose 14%.

Summary

World trade
$937million
Tonnes
7.1million tonnes
Price per tonne
$133
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. India$184 million · 19.7%
  2. China$150 million · 16%
  3. Morocco$143 million · 15.2%
  4. Laos$102 million · 10.9%
  5. Turkey$62 million · 6.6%
  6. Netherlands$41 million · 4.4%
    re-exports
  7. Mexico$38 million · 4.1%
  8. Kazakhstan$27 million · 2.9%
  9. Germany$26 million · 2.7%
  10. Vietnam$25 million · 2.6%
  11. Spain$23 million · 2.5%
  12. Tunisia$17 million · 1.8%
  13. United States$17 million · 1.8%
  14. Bulgaria$13 million · 1.4%
  15. Bolivia$12 million · 1.3%
  16. Pakistan$11 million · 1.2%
  17. Thailand$10 million · 1.1%
  18. Iran$6 million · 0.6%
  19. Peru$5 million · 0.5%
  20. Kuwait$4 million · 0.4%

World supply

India went from 8.3% to 19.7% of world exports of barite

In 2024, India accounted for 19.7% of recorded world exports and the three largest exporters together for 50.9%. HHI: 1,114 out of 10,000; equivalent to 9 exporters of the same size.

Share of recorded exports, not of production: a country that produces a lot and consumes almost all of it may export little

Trend in supply

Share of world exports of the largest exporter and of the three largest

Share (%)

  • Largest exporter each year 19.7%
  • Three largest 50.9%

Source: CEPII BACI

Show the numbers
Year19952024
Largest exporter each year34.9%19.7%
Three largest52.7%50.9%

Countries where India sells more than half of what they buy

Countries that buy more than half of this product from its largest exporter, with its share.

Top importers

  1. United States$243 million · 26%
  2. Saudi Arabia$130 million · 13.9%
  3. Argentina$48 million · 5.1%
  4. Italy$36 million · 3.8%
  5. Norway$28 million · 3%
  6. Turkey$27 million · 2.9%
  7. United Arab Emirates$24 million · 2.6%
  8. Kuwait$23 million · 2.5%
  9. Netherlands$20 million · 2.2%
    re-exports
  10. Germany$19 million · 2%
  11. Spain$18 million · 1.9%
  12. Thailand$16 million · 1.7%
  13. Algeria$16 million · 1.7%
  14. Guyana$16 million · 1.7%
  15. Malaysia$14 million · 1.5%
  16. Russia$14 million · 1.5%
  17. Canada$13 million · 1.3%
  18. Indonesia$12 million · 1.3%
  19. Turkmenistan$12 million · 1.3%
  20. South Korea$12 million · 1.2%

Trend

Who sells it

India has been the top exporter since 2022

Value in USD millions. The five largest exporters in 2024.

  • India 184
  • China 150
  • Morocco 143
  • Laos 102
  • Turkey 61.6

Source: CEPII BACI

Show the numbers
Country19952024
India15.5184
China64.7150
Morocco17.5143
Laos0.1102
Turkey6.961.6

Price

Implied price

The price per tonne rose 101% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $133

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$66
1996$66
1997$69
1998$71
1999$73
2000$106
2001$112
2002$83
2003$107
2004$116
2005$137
2006$65
2007$97
2008$156
2009$130
2010$128
2011$159
2012$185
2013$180
2014$230
2015$184
2016$177
2017$136
2018$162
2019$145
2020$124
2021$149
2022$157
2023$155
2024$133

What it includes

  • 2511 · Barite

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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