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320417 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.17BRnk 742 / 4648
2022
Top Exporter | Top Importer $1.1B | $589MChina | United States
2022
Product Complexity 0.65Rnk 1363 / 4653
2021 - 2022
Export Growth (CAGR) -8.38%Rnk 3849 / 4648
2022
Share of World Trade 0.022%Rnk 742 / 4648

About

Overview This page contains the latest trade data of Synthetic organic pigments and preps based thereon. In 2022, Synthetic organic pigments and preps based thereon were the world's 742nd most traded product, with a total trade of $5.17B. Between 2021 and 2022 the exports of Synthetic organic pigments and preps based thereon decreased by -8.38%, from $5.65B to $5.17B. Trade in Synthetic organic pigments and preps based thereon represent 0.022% of total world trade.

Synthetic organic pigments and preps based thereon are a part of Synthetic Coloring Matter.

Exports In 2022 the top exporters of Synthetic organic pigments and preps based thereon  were China ($1.1B), India ($921M), Germany ($736M), Japan ($273M), and United States ($248M).

Imports In 2022 the top importers of Synthetic organic pigments and preps based thereon were United States ($589M), Germany ($379M), China ($298M), Belgium ($256M), and Netherlands ($253M).

Ranking Synthetic organic pigments and preps based thereon ranks 1363rd in the Product Complexity Index (PCI).

Description Synthetic organic pigments are made from organic chemical compounds and are often used in paints and plastics.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Synthetic organic pigments and preps 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)China$1.1B
Top Destination (2022)United States$589M

In 2022 Synthetic organic pigments and preps based thereon were the world's 742nd most traded product (out of 4,648).

In 2022, the top exporters of Synthetic organic pigments and preps based thereon were China ($1.1B), India ($921M), Germany ($736M), Japan ($273M), and United States ($248M).

In 2022, the top importers of Synthetic organic pigments and preps based thereon were United States ($589M), Germany ($379M), China ($298M), Belgium ($256M), and Netherlands ($253M).

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Exporters of Synthetic organic pigments and preps based thereon (2022)
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Importers of Synthetic organic pigments and preps based thereon (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Turkey$14.8M
Top Destination Growth (2021 -  2022)United States$63.8M

Between 2021 and 2022, the exports of Synthetic organic pigments and preps based thereon grew the fastest in Turkey ($14.8M), France ($11.9M), Canada ($4.45M), Poland ($4.05M), and Lithuania ($3.22M).

Between 2021 and 2022, the fastest growing importers of Synthetic organic pigments and preps based thereon were United States ($63.8M), Turkey ($10.7M), Uruguay ($3.46M), Kazakhstan ($3.28M), and Dominican Republic ($2.92M).

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Exporters of Synthetic organic pigments and preps based thereon (2021 - 2022)

Importers of Synthetic organic pigments and preps based thereon (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Synthetic organic pigments and preps based thereon.

In 2022, market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Synthetic organic pigments and preps based thereon are explained by 16 countries.

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Value of Exports in Synthetic organic pigments and preps based thereon

Net Trade

TOP NET EXPORTER (2022)India$843M
TOP NET IMPORTER (2022)United States$342M

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

In 2022, the countries that had a largest trade value in exports than in imports of Synthetic organic pigments and preps based thereon were India ($843M), China ($804M), Germany ($357M), Switzerland ($98.1M), and Japan ($24.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Synthetic organic pigments and preps based thereon were United States ($342M), Italy ($136M), Vietnam ($123M), Brazil ($106M), and Turkey ($93.6M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Synthetic organic pigments and preps based thereon.
It is possible to select the main countries that export or import Synthetic organic pigments and preps based thereon in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Synthetic organic pigments and preps 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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