HS4 subsector intelligence

Natural borates and concentrates thereof (whether or not calcined), b...
HS4 2528 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 25281995-2024 coverageGrowing
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$432.8MGlobal subsector value
02

Annual change

+15.6%Latest year on year
03

Exporters

84Active reporting countries
04

Importers

135Active reporting countries
05

HS6 products

1Classifications inside HS4

The subsector read

$432.8M in trade, with +5.3% annualized growth over three years.

Natural borates and concentrates thereof (whether or not calcined), b... is recorded across 592 active corridors, with 84 exporters and 135 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $157.6M1996: $121.7M1997: $132.0M1998: $131.4M1999: $188.6M2000: $145.2M2001: $129.5M2002: $116.4M2003: $123.7M2004: $127.6M2005: $128.0M2006: $140.0M2007: $164.0M2008: $222.2M2009: $147.2M2010: $162.6M2011: $268.9M2012: $299.5M2013: $336.9M2014: $364.6M2015: $333.4M2016: $309.5M2017: $362.6M2018: $382.7M2019: $319.0M2020: $269.9M2021: $370.7M2022: $427.6M2023: $374.3M2024: $432.8M
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1TurkeyTURChinaCHN$114.6M+6.5%18,004 kmNo
2BoliviaBOLBrazilBRA$51.8M+18.9%12,379 kmYes
3TurkeyTURIndiaIND$40.0M+21.9%14,559 kmNo
4ArgentinaARGBrazilBRA$26.4M+7.6%11,675 kmYes
5TurkeyTURUSA, Puerto Rico and US Virgin IslandsUSA$15.1M+7.2%18,087 kmNo
6BoliviaBOLPeruPER$11.2M+149.5%11,077 kmYes
7TurkeyTURTaiwanTWN$9.7M-11.7%18,430 kmNo
8ChileCHLBrazilBRA$9.0M+8.2%12,586 kmYes
9BoliviaBOLChinaCHN$8.5M-7.6%118,112 kmNo
10BoliviaBOLIndonesiaIDN$6.9M+2.4%117,434 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1TurkeyTUR$252.7M561
2BoliviaBOL$102.6M351
3ArgentinaARG$32.0M131
4ChileCHL$11.6M141
5NetherlandsNLD$7.1M131
6PeruPER$3.7M201
7LuxembourgLUX$3.6M81
8SpainESP$3.2M141
9USA, Puerto Rico and US Virgin IslandsUSA$3.1M451
10RussiaRUS$1.9M41
Top importers2024 ranking
RankCountryImportsPartnersHS6
1ChinaCHN$123.2M101
2BrazilBRA$93.2M51
3IndiaIND$47.0M91
4USA, Puerto Rico and US Virgin IslandsUSA$26.2M111
5PeruPER$11.5M31
6TaiwanTWN$9.9M31
7IndonesiaIDN$8.4M81
8BelgiumBEL$7.9M101
9MalaysiaMYS$7.8M121
10NetherlandsNLD$6.8M101

HS6 product coverage

The products inside HS4 2528

Six-digit classifications make the subsector specific. Browse the product workspace ↗

3 classifications shownNatural borates and concentrates thereof (whether or not calcined), b...
01
Natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of H3BO3 calculated on the dry weightHS6 252800
02
Sodium borates: natural, whether or not calcinedHS6 252810
03
Borates: natural, and concentrates thereof, n.e.s. in heading no. 2528, excluding borates separated from natural brine: natural boric acid containing not more than 85% of H3Bo3 calculated on the dry weightHS6 252890

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.