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Boron oxides and boric acid: top exporters and importers (2024)

In 2024, world trade in boron oxides and boric acid totaled $699 million (714 thousand tonnes). The top exporters were the United States (31%), Turkey (27%) and Chile (12%); the top importers were China (32%), Brazil (10%) and the United States (5%). Compared with 2019, the value rose 40%.

Summary

World trade
$699million
Tonnes
714thousand tonnes
Price per tonne
$973
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. United States$217 million · 31.1%
  2. Turkey$191 million · 27.3%
  3. Chile$81 million · 11.6%
  4. Russia$65 million · 9.3%
  5. Peru$28 million · 4%
  6. Argentina$20 million · 2.8%
  7. Netherlands$17 million · 2.5%
    re-exports
  8. China$12 million · 1.7%
  9. Bolivia$7 million · 1%
  10. Luxembourg$7 million · 0.95%
  11. Italy$6 million · 0.88%
  12. Taiwan$6 million · 0.83%
  13. Belgium$4 million · 0.63%
    re-exports
  14. Germany$4 million · 0.56%
  15. Finland$3 million · 0.44%
  16. France$3 million · 0.44%
  17. Portugal$3 million · 0.41%
  18. Austria$3 million · 0.36%
  19. India$3 million · 0.36%
  20. Spain$2 million · 0.31%

Top importers

  1. China$221 million · 31.6%
  2. Brazil$70 million · 10.1%
  3. United States$35 million · 5%
  4. South Korea$33 million · 4.7%
  5. Taiwan$31 million · 4.4%
  6. Netherlands$30 million · 4.3%
    re-exports
  7. Morocco$22 million · 3.1%
  8. Germany$21 million · 3%
  9. France$16 million · 2.3%
  10. Canada$15 million · 2.1%
  11. Spain$14 million · 2%
  12. Italy$13 million · 1.9%
  13. Mexico$11 million · 1.6%
  14. Japan$11 million · 1.5%
  15. India$10 million · 1.5%
  16. Ukraine$10 million · 1.4%
  17. United Kingdom$8 million · 1.1%
  18. Poland$7 million · 1.1%
  19. Thailand$7 million · 0.99%
  20. Malaysia$7 million · 0.94%

Trend

Who sells it

The United States has been the top exporter since 2023

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

  • United States 217
  • Turkey 191
  • Chile 80.9
  • Russia 65.3
  • Peru 28.2

Source: CEPII BACI

Show the numbers
Country19952024
United States75.3217
Turkey20.3191
Chile14.580.9
Russia27.765.3
Peru3.628.2

Price

Implied price

The price per tonne rose 50% since 1995

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

  • 2024: $973

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$648
1996$612
1997$580
1998$556
1999$472
2000$611
2001$522
2002$393
2003$521
2004$508
2005$614
2006$540
2007$549
2008$733
2009$753
2010$745
2011$940
2012$962
2013$894
2014$809
2015$748
2016$691
2017$668
2018$660
2019$628
2020$642
2021$727
2022$977
2023$1,060
2024$973

What it includes

  • 2810 · Boron oxides and boric acid

Products in the same chapter

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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