291817 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Phenylglycolic acid, its salts & esters. In 2022, Phenylglycolic acid, its salts & esters were the world's 4552nd most traded product, with a total trade of $4.86M. Between 2007 and 2022 the exports of Phenylglycolic acid, its salts & esters grew by 182k%, from $2.67k to $4.86M. Trade in Phenylglycolic acid, its salts & esters represent 0.00002% of total world trade.

Phenylglycolic acid, its salts & esters are a part of Carboxylic Acids.

Exports In 2022 the top exporters of Phenylglycolic acid, its salts & esters  were Malaysia ($3.38M), Netherlands ($689k), China ($489k), United Kingdom ($130k), and Austria ($60.1k).

Imports In 2022 the top importers of Phenylglycolic acid, its salts & esters were Mexico ($864k), Indonesia ($570k), Brazil ($467k), Italy ($353k), and Philippines ($255k).

Ranking Phenylglycolic acid, its salts & esters ranks 349th in the Product Complexity Index (PCI).

Description Phenylglycolic acid, its salts and esters are used in the manufacture of various organic acids and pharmaceuticals.

Latest Data

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The following visualization shows the latest trends on Phenylglycolic 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)Malaysia$3.38M
Top Destination (2022)Mexico$864k

In 2022 Phenylglycolic acid, its salts & esters were the world's 4552nd most traded product (out of 4,648).

In 2022, the top exporters of Phenylglycolic acid, its salts & esters were Malaysia ($3.38M), Netherlands ($689k), China ($489k), United Kingdom ($130k), and Austria ($60.1k).

In 2022, the top importers of Phenylglycolic acid, its salts & esters were Mexico ($864k), Indonesia ($570k), Brazil ($467k), Italy ($353k), and Philippines ($255k).

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

Color
Top Origin Growth (2007 -  2022)Malaysia$3.38M
Top Destination Growth (2007 -  2022)Mexico$864k

Between 2007 and 2022, the exports of Phenylglycolic acid, its salts & esters grew the fastest in Malaysia ($3.38M), Netherlands ($689k), China ($489k), United Kingdom ($130k), and Austria ($60.1k).

Between 2007 and 2022, the fastest growing importers of Phenylglycolic acid, its salts & esters were Mexico ($864k), Indonesia ($570k), Brazil ($467k), Italy ($353k), and Philippines ($255k).

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Exporters of Phenylglycolic acid, its salts & esters (2007 - 2022)

Importers of Phenylglycolic acid, its salts & esters (2007 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 1.5. This means that most of the exports of Phenylglycolic acid, its salts & esters are explained by 2 countries.

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Value of Exports in Phenylglycolic acid, its salts & esters

Net Trade

TOP NET EXPORTER (2022)Malaysia$3.36M
TOP NET IMPORTER (2022)Indonesia$570k

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

In 2022, the countries that had a largest trade value in exports than in imports of Phenylglycolic acid, its salts & esters were Malaysia ($3.36M), Netherlands ($685k), China ($489k), United Kingdom ($129k), and Austria ($56.1k).

In 2022, the countries that had a largest trade value in imports than in exports of Phenylglycolic acid, its salts & esters were Indonesia ($570k), Guatemala ($225k), India ($215k), France ($208k), and Vietnam ($189k).

Net Trade (2022)

Country Comparison

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

Top 10 Exporters Countries of Phenylglycolic 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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