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Alginic acid, its salts & esters, in primary forms

391310 (Harmonized System 1992 for 6-digit)

2022
World Trade $476MRnk 2981 / 4648
2022
Top Exporter | Top Importer $189M | $81MChina | United States
2022
Product Complexity -0.03Rnk 2565 / 4653
2021 - 2022
Export Growth (CAGR) 14.4%Rnk 1170 / 4648
2022
Share of World Trade 0.002%Rnk 2981 / 4648

About

Overview This page contains the latest trade data of Alginic acid, its salts & esters. In 2022, Alginic acid, its salts & esters were the world's 2981st most traded product, with a total trade of $476M. Between 2021 and 2022 the exports of Alginic acid, its salts & esters grew by 14.4%, from $416M to $476M. Trade in Alginic acid, its salts & esters represent 0.002% of total world trade.

Alginic acid, its salts & esters are a part of Natural Polymers.

Exports In 2022 the top exporters of Alginic acid, its salts & esters  were China ($189M), Norway ($68.1M), France ($39.9M), Japan ($39.3M), and Chile ($28.1M).

Imports In 2022 the top importers of Alginic acid, its salts & esters were United States ($81M), Italy ($29.3M), Netherlands ($25.6M), South Korea ($22.4M), and Spain ($21.2M).

Ranking Alginic acid, its salts & esters ranks 2565th in the Product Complexity Index (PCI).

Description Alginic acid is used as an emulsifier and stabilizing agent in food and for pharmaceutical purposes, with its salts and esters used in the same way as alginic acid.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Alginic acid, its salts & esters. 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$189M
Top Destination (2022)United States$81M

In 2022 Alginic acid, its salts & esters were the world's 2981st most traded product (out of 4,648).

In 2022, the top exporters of Alginic acid, its salts & esters were China ($189M), Norway ($68.1M), France ($39.9M), Japan ($39.3M), and Chile ($28.1M).

In 2022, the top importers of Alginic acid, its salts & esters were United States ($81M), Italy ($29.3M), Netherlands ($25.6M), South Korea ($22.4M), and Spain ($21.2M).

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Exporters of Alginic acid, its salts & esters (2022)
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Importers of Alginic acid, its salts & esters (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$32.7M
Top Destination Growth (2021 -  2022)United States$21M

Between 2021 and 2022, the exports of Alginic acid, its salts & esters grew the fastest in China ($32.7M), Japan ($8.64M), Germany ($6.26M), Chile ($5.14M), and Norway ($4.62M).

Between 2021 and 2022, the fastest growing importers of Alginic acid, its salts & esters were United States ($21M), Netherlands ($12M), Italy ($9.46M), Poland ($7.42M), and Spain ($7.17M).

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Exporters of Alginic acid, its salts & esters (2021 - 2022)

Importers of Alginic acid, its salts & esters (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Alginic acid, its salts & esters.

In 2022, market concentration measured using Shannon Entropy, was 3.24. This means that most of the exports of Alginic acid, its salts & esters are explained by 9 countries.

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Value of Exports in Alginic acid, its salts & esters

Net Trade

TOP NET EXPORTER (2022)China$186M
TOP NET IMPORTER (2022)United States$67.7M

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

In 2022, the countries that had a largest trade value in exports than in imports of Alginic acid, its salts & esters were China ($186M), Norway ($67.7M), Japan ($27.9M), France ($26.9M), and Chile ($26.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Alginic acid, its salts & esters were United States ($67.7M), Italy ($24.1M), South Korea ($22.1M), Canada ($17.7M), and Turkey ($17.7M).

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 Alginic acid, its salts & esters.
It is possible to select the main countries that export or import Alginic acid, its salts & esters in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Alginic acid, its salts & esters 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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