The U.S. Ranks First Globally in Exports of Carbonates and Peroxocarbonates, with $1.5B in 2014

Basic Chemicals July 30, 2015
Author: Alexander Romanenko
Chief Executive Officer

The U.S. continued its dominance in the global carbonate and peroxocarbonate trade. In 2014, the U.S. exported 7 million tonnes of carbonates and peroxocarbonates totaling 1.5 billion USD, 6% over the previous year. Its primary trading partner was Mexico, where it supplied 16.3% of its total carbonate and peroxocarbonate exports in value terms, accounting for 86.2% of Mexico's total imports.

From 2007 to 2014, the U.S. was a net exporter of carbonates and peroxocarbonates. In this period, exports consistently exceeded imports in value terms. The difference in physical terms was even more pronounced.

China and Germany were among the other main global suppliers of carbonates and peroxocarbonates in 2014. However, the fastest growing exporters from 2007 to 2014 were Spain (+10.8% per year) and the U.S. (+8.1% per year). This sustained growth allowed the U.S. to bolster its already lofty position in the global export structure.

In 2014, U.S. top 5 trading partners were Mexico, Brazil, Indonesia, Canada and Chile, with a combined 49.4% share of U.S. carbonate and peroxocarbonate exports. The share of Indonesia increased by +4.0 percentage points, while the share of Canada illustrated negative dynamics (-5.0 percentage points).

Source: World: Carbonates And Peroxocarbonates - Market Report. Analysis and Forecast to 2020