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291890 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.16BRnk 1418 / 4648
2022
Top Exporter | Top Importer $993M | $434MChina | United States
2022
Product Complexity 0.61Rnk 1432 / 4653
2021 - 2022
Export Growth (CAGR) 10.9%Rnk 1517 / 4648
2022
Share of World Trade 0.0091%Rnk 1418 / 4648

About

Overview This page contains the latest trade data of Carboxylic acids nes, derivativess. In 2022, Carboxylic acids nes, derivativess were the world's 1418th most traded product, with a total trade of $2.16B. Between 2021 and 2022 the exports of Carboxylic acids nes, derivativess grew by 10.9%, from $1.94B to $2.16B. Trade in Carboxylic acids nes, derivativess represent 0.0091% of total world trade.

Carboxylic acids nes, derivativess are a part of Carboxylic Acids.

Exports In 2022 the top exporters of Carboxylic acids nes, derivativess  were China ($993M), India ($332M), Germany ($123M), Switzerland ($92.6M), and United Kingdom ($85.7M).

Imports In 2022 the top importers of Carboxylic acids nes, derivativess were United States ($434M), Brazil ($206M), France ($133M), United Kingdom ($90.7M), and Germany ($80.4M).

Ranking Carboxylic acids nes, derivativess ranks 1432nd in the Product Complexity Index (PCI).

Description Carboxylic acids are commonly used as a source of carbon dioxide in the production of polymers and plastics. They are also used in the production of agrochemicals, plasticizers, pharmaceuticals, and dyestuffs.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carboxylic acids nes, derivativess. 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$993M
Top Destination (2022)United States$434M

In 2022 Carboxylic acids nes, derivativess were the world's 1418th most traded product (out of 4,648).

In 2022, the top exporters of Carboxylic acids nes, derivativess were China ($993M), India ($332M), Germany ($123M), Switzerland ($92.6M), and United Kingdom ($85.7M).

In 2022, the top importers of Carboxylic acids nes, derivativess were United States ($434M), Brazil ($206M), France ($133M), United Kingdom ($90.7M), and Germany ($80.4M).

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Exporters of Carboxylic acids nes, derivativess (2022)
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Importers of Carboxylic acids nes, derivativess (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$252M
Top Destination Growth (2021 -  2022)Brazil$46.9M

Between 2021 and 2022, the exports of Carboxylic acids nes, derivativess grew the fastest in China ($252M), Belgium ($19.6M), Netherlands ($11.2M), Germany ($8.5M), and Singapore ($4.96M).

Between 2021 and 2022, the fastest growing importers of Carboxylic acids nes, derivativess were Brazil ($46.9M), United States ($32.7M), United Kingdom ($28.4M), Colombia ($27.3M), and Belgium ($22.8M).

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Exporters of Carboxylic acids nes, derivativess (2021 - 2022)

Importers of Carboxylic acids nes, derivativess (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carboxylic acids nes, derivativess.

In 2022, market concentration measured using Shannon Entropy, was 3.03. This means that most of the exports of Carboxylic acids nes, derivativess are explained by 8 countries.

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Value of Exports in Carboxylic acids nes, derivativess

Net Trade

TOP NET EXPORTER (2022)China$954M
TOP NET IMPORTER (2022)United States$349M

This map shows which countries export or import more of Carboxylic acids nes, derivativess. Each country is colored based on the difference in exports and imports of Carboxylic acids nes, derivativess during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Carboxylic acids nes, derivativess were China ($954M), India ($262M), Germany ($42.4M), Poland ($38.5M), and Mexico ($15.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Carboxylic acids nes, derivativess were United States ($349M), Brazil ($206M), France ($109M), Colombia ($73M), and Australia ($71.2M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Carboxylic acids nes, derivativess 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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