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320641 (Harmonized System 1992 for 6-digit)

2022
World Trade $188MRnk 3764 / 4648
2022
Top Exporter | Top Importer $34.8M | $27.8MFrance | United States
2022
Product Complexity -0.89Rnk 3692 / 4653
2021 - 2022
Export Growth (CAGR) 11.9%Rnk 1423 / 4648
2022
Share of World Trade 0.00079%Rnk 3764 / 4648

About

Overview This page contains the latest trade data of Ultramarine and preparations based thereon. In 2022, Ultramarine and preparations based thereon were the world's 3764th most traded product, with a total trade of $188M. Between 2021 and 2022 the exports of Ultramarine and preparations based thereon grew by 11.9%, from $168M to $188M. Trade in Ultramarine and preparations based thereon represent 0.00079% of total world trade.

Ultramarine and preparations based thereon are a part of Other Coloring Matter.

Exports In 2022 the top exporters of Ultramarine and preparations based thereon  were France ($34.8M), Spain ($31.4M), India ($30.2M), Colombia ($18.7M), and Romania ($16.7M).

Imports In 2022 the top importers of Ultramarine and preparations based thereon were United States ($27.8M), China ($19.3M), South Korea ($14M), Spain ($13.8M), and Germany ($13.5M).

Ranking Ultramarine and preparations based thereon ranks 3692nd in the Product Complexity Index (PCI).

Description Ultramarine is an artificial pigment, deep blue in color. It is often used as a colorant in paints and in inks, as a pigment in ceramics, and as an ingredient in rubber.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Ultramarine and preparations based thereon. 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)France$34.8M
Top Destination (2022)United States$27.8M

In 2022 Ultramarine and preparations based thereon were the world's 3764th most traded product (out of 4,648).

In 2022, the top exporters of Ultramarine and preparations based thereon were France ($34.8M), Spain ($31.4M), India ($30.2M), Colombia ($18.7M), and Romania ($16.7M).

In 2022, the top importers of Ultramarine and preparations based thereon were United States ($27.8M), China ($19.3M), South Korea ($14M), Spain ($13.8M), and Germany ($13.5M).

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Exporters of Ultramarine and preparations based thereon (2022)
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Importers of Ultramarine and preparations based thereon (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$7.71M
Top Destination Growth (2021 -  2022)United States$7.79M

Between 2021 and 2022, the exports of Ultramarine and preparations based thereon grew the fastest in India ($7.71M), France ($5.18M), United States ($2.19M), Romania ($2.15M), and Colombia ($1.8M).

Between 2021 and 2022, the fastest growing importers of Ultramarine and preparations based thereon were United States ($7.79M), Mexico ($3.91M), Spain ($3.81M), China ($2.18M), and United Kingdom ($1.56M).

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Exporters of Ultramarine and preparations based thereon (2021 - 2022)

Importers of Ultramarine and preparations based thereon (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ultramarine and preparations based thereon.

In 2022, market concentration measured using Shannon Entropy, was 3.77. This means that most of the exports of Ultramarine and preparations based thereon are explained by 13 countries.

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Value of Exports in Ultramarine and preparations based thereon

Net Trade

TOP NET EXPORTER (2022)France$32.6M
TOP NET IMPORTER (2022)United States$20.8M

This map shows which countries export or import more of Ultramarine and preparations based thereon. Each country is colored based on the difference in exports and imports of Ultramarine and preparations based thereon during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Ultramarine and preparations based thereon were France ($32.6M), India ($27.4M), Colombia ($18.3M), Spain ($17.6M), and Romania ($16.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Ultramarine and preparations based thereon were United States ($20.8M), China ($11.1M), South Korea ($10.1M), Mexico ($9.24M), and Germany ($7.42M).

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 Ultramarine and preparations based thereon.
It is possible to select the main countries that export or import Ultramarine and preparations based thereon in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ultramarine and preparations based thereon 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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