293212 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of 2-furaldehyde (furfuraldehyde). In 2022, 2-furaldehyde (furfuraldehyde) were the world's 3994th most traded product, with a total trade of $125M. Between 2021 and 2022 the exports of 2-furaldehyde (furfuraldehyde) decreased by -58.2%, from $298M to $125M. Trade in 2-furaldehyde (furfuraldehyde) represent 0.00053% of total world trade.

2-furaldehyde (furfuraldehyde) are a part of Oxygen Heterocyclic Compounds.

Exports In 2022 the top exporters of 2-furaldehyde (furfuraldehyde)  were China ($39.7M), Dominican Republic ($30.8M), South Africa ($21.6M), Israel ($15.8M), and Belgium ($4.03M).

Imports In 2022 the top importers of 2-furaldehyde (furfuraldehyde) were United States ($39.9M), Belgium ($22M), Netherlands ($18.9M), Brazil ($9.43M), and Japan ($4.35M).

Ranking 2-furaldehyde (furfuraldehyde) ranks 2967th in the Product Complexity Index (PCI).

Description 2-furaldehyde is a product generated by the hydrolysis of pentoses in plant cell walls. It is used in the production of a number of polymers, like nylon and plastics, and is also used as a preservative in food.

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on 2-furaldehyde (furfuraldehyde). 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$39.7M
Top Destination (2022)United States$39.9M

In 2022 2-furaldehyde (furfuraldehyde) were the world's 3994th most traded product (out of 4,648).

In 2022, the top exporters of 2-furaldehyde (furfuraldehyde) were China ($39.7M), Dominican Republic ($30.8M), South Africa ($21.6M), Israel ($15.8M), and Belgium ($4.03M).

In 2022, the top importers of 2-furaldehyde (furfuraldehyde) were United States ($39.9M), Belgium ($22M), Netherlands ($18.9M), Brazil ($9.43M), and Japan ($4.35M).

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Exporters of 2-furaldehyde (furfuraldehyde) (2022)
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Importers of 2-furaldehyde (furfuraldehyde) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$10.2M
Top Destination Growth (2021 -  2022)United States$16.5M

Between 2021 and 2022, the exports of 2-furaldehyde (furfuraldehyde) grew the fastest in China ($10.2M), Dominican Republic ($9.92M), Israel ($8.76M), South Africa ($4.36M), and Austria ($990k).

Between 2021 and 2022, the fastest growing importers of 2-furaldehyde (furfuraldehyde) were United States ($16.5M), Brazil ($5.94M), Netherlands ($5M), Algeria ($3.45M), and Argentina ($2.03M).

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Exporters of 2-furaldehyde (furfuraldehyde) (2021 - 2022)

Importers of 2-furaldehyde (furfuraldehyde) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of 2-furaldehyde (furfuraldehyde).

In 2022, market concentration measured using Shannon Entropy, was 2.65. This means that most of the exports of 2-furaldehyde (furfuraldehyde) are explained by 6 countries.

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Value of Exports in 2-furaldehyde (furfuraldehyde)

Net Trade

TOP NET EXPORTER (2022)China$39.3M
TOP NET IMPORTER (2022)United States$39M

This map shows which countries export or import more of 2-furaldehyde (furfuraldehyde). Each country is colored based on the difference in exports and imports of 2-furaldehyde (furfuraldehyde) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of 2-furaldehyde (furfuraldehyde) were China ($39.3M), Dominican Republic ($30.8M), South Africa ($21.6M), Israel ($15.8M), and Slovenia ($3.88M).

In 2022, the countries that had a largest trade value in imports than in exports of 2-furaldehyde (furfuraldehyde) were United States ($39M), Belgium ($18M), Netherlands ($17.6M), Brazil ($9.43M), and Japan ($4.27M).

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 2-furaldehyde (furfuraldehyde).
It is possible to select the main countries that export or import 2-furaldehyde (furfuraldehyde) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of 2-furaldehyde (furfuraldehyde) 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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