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291823 (Harmonized System 1992 for 6-digit)

2022
World Trade $327MRnk 3328 / 4648
2022
Top Exporter | Top Importer $141M | $69MChina | United States
2022
Product Complexity 0.67Rnk 1339 / 4653
2021 - 2022
Export Growth (CAGR) 18.7%Rnk 862 / 4648
2022
Share of World Trade 0.0014%Rnk 3328 / 4648

About

Overview This page contains the latest trade data of Salicylic acid esters, nes, salts. In 2022, Salicylic acid esters, nes, salts were the world's 3328th most traded product, with a total trade of $327M. Between 2021 and 2022 the exports of Salicylic acid esters, nes, salts grew by 18.7%, from $276M to $327M. Trade in Salicylic acid esters, nes, salts represent 0.0014% of total world trade.

Salicylic acid esters, nes, salts are a part of Carboxylic Acids.

Exports In 2022 the top exporters of Salicylic acid esters, nes, salts  were China ($141M), India ($53.3M), Mexico ($21.7M), France ($20.4M), and Japan ($17.7M).

Imports In 2022 the top importers of Salicylic acid esters, nes, salts were United States ($69M), Netherlands ($23.2M), Germany ($21.5M), Switzerland ($21M), and Singapore ($20M).

Ranking Salicylic acid esters, nes, salts ranks 1339th in the Product Complexity Index (PCI).

Description Salicylic acid esters, salts are often used in topical preparations for the treatment of acne, psoriasis, and other skin conditions. They are also used in topical preparations and oral treatments for the treatment of gastric ulcers, hypercholesterolemia, and hyperlipidemia.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Salicylic acid esters, nes, salts. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$141M
Top Destination (2022)United States$69M

In 2022 Salicylic acid esters, nes, salts were the world's 3328th most traded product (out of 4,648).

In 2022, the top exporters of Salicylic acid esters, nes, salts were China ($141M), India ($53.3M), Mexico ($21.7M), France ($20.4M), and Japan ($17.7M).

In 2022, the top importers of Salicylic acid esters, nes, salts were United States ($69M), Netherlands ($23.2M), Germany ($21.5M), Switzerland ($21M), and Singapore ($20M).

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Exporters of Salicylic acid esters, nes, salts (2022)
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Importers of Salicylic acid esters, nes, salts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$41.4M
Top Destination Growth (2021 -  2022)United States$13.3M

Between 2021 and 2022, the exports of Salicylic acid esters, nes, salts grew the fastest in China ($41.4M), India ($4.06M), Brazil ($3.41M), Spain ($2.83M), and Netherlands ($2.4M).

Between 2021 and 2022, the fastest growing importers of Salicylic acid esters, nes, salts were United States ($13.3M), Mexico ($4.62M), Brazil ($3.8M), India ($3.12M), and Netherlands ($3.07M).

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Exporters of Salicylic acid esters, nes, salts (2021 - 2022)

Importers of Salicylic acid esters, nes, salts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Salicylic acid esters, nes, salts.

In 2022, market concentration measured using Shannon Entropy, was 2.89. This means that most of the exports of Salicylic acid esters, nes, salts are explained by 7 countries.

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Value of Exports in Salicylic acid esters, nes, salts

Net Trade

TOP NET EXPORTER (2022)China$138M
TOP NET IMPORTER (2022)United States$56.8M

This map shows which countries export or import more of Salicylic acid esters, nes, salts. Each country is colored based on the difference in exports and imports of Salicylic acid esters, nes, salts during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Salicylic acid esters, nes, salts were China ($138M), India ($45.2M), Japan ($12.6M), Mexico ($9.35M), and France ($7.58M).

In 2022, the countries that had a largest trade value in imports than in exports of Salicylic acid esters, nes, salts were United States ($56.8M), Switzerland ($18.7M), Singapore ($17.7M), Netherlands ($16.6M), and Brazil ($13.9M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Salicylic acid esters, nes, salts.
It is possible to select the main countries that export or import Salicylic acid esters, nes, salts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Salicylic acid esters, nes, salts by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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