# Boric Acids buyer markets and demand | HS 281000 | Yugalinks

China is the largest reported buyer market in this view, with imports of $227.6M.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| China | $227.6M | +12% | 25 | USA |
| Brazil | $69.2M | +24.6% | 15 | Chile |
| USA | $39.2M | +11.2% | 26 | Turkey |
| Republic of Korea | $35.2M | -3.2% | 21 | USA |
| Taiwan | $30.4M | +3.4% | 17 | USA |
| Netherlands | $28.2M | +3.4% | 28 | USA |
| Germany | $15.3M | +1.4% | 33 | USA |
| Canada | $12.5M | +7.3% | 20 | Turkey |
| India | $11.8M | +38.3% | 16 | USA |
| France | $11.6M | +1.2% | 34 | Luxembourg |
| Mexico | $10.7M | +4.7% | 21 | USA |
| Japan | $10.6M | -16.8% | 15 | USA |
| Italy | $10.0M | +7.6% | 21 | Turkey |
| Spain | $9.7M | -0.2% | 25 | Turkey |
| Iran | $8.0M | +2.4% | 30 | United Arab Emirates |
| Viet Nam | $6.0M | +19.6% | 20 | USA |
| Belarus | $5.9M | +6.1% | 12 | Russia |
| South Africa | $5.7M | +9.5% | 17 | USA |
| Belgium | $5.6M | +10.4% | 21 | Luxembourg |
| Lithuania | $5.1M | +28.5% | 14 | Finland |
| Thailand | $5.0M | +9.5% | 18 | Turkey |
| Poland | $4.9M | +2.1% | 19 | Turkey |
| Malaysia | $4.8M | -13.8% | 22 | Turkey |
| Morocco | $4.8M | -4.3% | 15 | Turkey |
| United Kingdom | $4.8M | -0.6% | 23 | USA |
| Ukraine | $4.5M | +18.2% | 16 | Turkey |
| Latvia | $4.3M | +0.6% | 11 | Turkey |
| Australia | $4.1M | +8.5% | 15 | Turkey |
| Pakistan | $4.0M | +12% | 12 | Turkey |
| United Arab Emirates | $3.6M | +23.2% | 16 | Peru |
| Russia | $3.5M | -20.7% | 13 | Turkey |
| Finland | $3.4M | +13.1% | 14 | Turkey |
| Indonesia | $3.3M | +21.6% | 13 | Turkey |
| Bangladesh | $3.2M | +19.8% | 16 | USA |
| New Zealand | $2.9M | +12.6% | 18 | USA |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| China | 2023 | $240.2M | $971.27 |
| Brazil | 2023 | $54.0M | $992.7 |
| Republic of Korea | 2023 | $42.3M | $1,061.99 |
| Netherlands | 2023 | $39.8M | $1,580.5 |
| Other Asia, nes | 2023 | $34.2M | $1,006.56 |
| Japan | 2023 | $25.8M | $1,343.75 |
| Germany | 2023 | $25.5M | $1,503.94 |
| France | 2023 | $18.8M | $776.22 |
| USA | 2023 | $18.6M | $981.77 |
| Italy | 2023 | $15.5M | $1,073.29 |
| Canada | 2023 | $13.3M | $1,077.6 |
| Mexico | 2023 | $12.9M | $1,196.58 |
| Malaysia | 2023 | $11.5M | $1,057.89 |
| Morocco | 2023 | $10.8M | $1,081.48 |
| United Kingdom | 2023 | $8.5M | $1,539.07 |
| Poland | 2023 | $7.8M | $990.7 |
| Spain | 2023 | $7.2M | $703.04 |
| Belgium | 2023 | $6.8M | $1,256.32 |
| Thailand | 2023 | $6.8M | $1,075.58 |
| Ukraine | 2023 | $6.7M | $1,222.22 |

_Source: reported merchandise trade data. Updated 2026-08-14._