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2-furaldehyde (furfuraldehyde)

293212 (Harmonized System 1992 for 6-digit)

2023
World Trade $105MRnk 4034 / 4644
2023
Top Exporter | Top Importer $27.7M | $34.5MDominican Republic | Belgium
2023
Product Complexity -0.32Rnk 2996 / 4656
2022 - 2023
Export Growth (CAGR) -74.9%Rnk 4577 / 4644
2023
Share of World Trade 0.00046%Rnk 4034 / 4644

About

Overview This page contains the latest trade data of 2-furaldehyde (furfuraldehyde). In 2023, 2-furaldehyde (furfuraldehyde) were the world's 4034th most traded product, with a total trade of $105M. Between 2022 and 2023 the exports of 2-furaldehyde (furfuraldehyde) decreased by -74.9%, from $416M to $105M. Trade in 2-furaldehyde (furfuraldehyde) represent 0.00046% of total world trade.

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

Exports In 2023 the top exporters of 2-furaldehyde (furfuraldehyde)  were Dominican Republic ($27.7M), South Africa ($25.1M), China ($17.8M), Austria ($13.9M), and Netherlands ($7.97M).

Imports In 2023 the top importers of 2-furaldehyde (furfuraldehyde) were Belgium ($34.5M), United States ($32M), Netherlands ($11.9M), Brazil ($7.32M), and Japan ($2.11M).

Ranking 2-furaldehyde (furfuraldehyde) ranks 2996th 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 Trends

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 (2023)Dominican Republic$27.7M
Top Destination (2023)Belgium$34.5M

In 2023 2-furaldehyde (furfuraldehyde) were the world's 4034th most traded product (out of 4,644).

In 2023, the top exporters of 2-furaldehyde (furfuraldehyde) were Dominican Republic ($27.7M), South Africa ($25.1M), China ($17.8M), Austria ($13.9M), and Netherlands ($7.97M).

In 2023, the top importers of 2-furaldehyde (furfuraldehyde) were Belgium ($34.5M), United States ($32M), Netherlands ($11.9M), Brazil ($7.32M), and Japan ($2.11M).

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Exporters of 2-furaldehyde (furfuraldehyde) (2023)
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Importers of 2-furaldehyde (furfuraldehyde) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Austria$10.9M
Top Destination Growth (2022 -  2023)Belgium$12.5M

Between 2022 and 2023, the exports of 2-furaldehyde (furfuraldehyde) grew the fastest in Austria ($10.9M), Netherlands ($6.04M), Kazakhstan ($87.5k), Germany ($76.1k), and India ($49.9k).

Between 2022 and 2023, the fastest growing importers of 2-furaldehyde (furfuraldehyde) were Belgium ($12.5M), Italy ($1.05M), Poland ($480k), Kenya ($241k), and Bolivia ($49.9k).

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Exporters of 2-furaldehyde (furfuraldehyde) (2022 - 2023)

Importers of 2-furaldehyde (furfuraldehyde) (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.75. 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 (2023)Dominican Republic$27.7M
TOP NET IMPORTER (2023)United States$31.2M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of 2-furaldehyde (furfuraldehyde) were Dominican Republic ($27.7M), South Africa ($25M), China ($17.7M), Austria ($13.9M), and Israel ($5.63M).

In 2023, the countries that had a largest trade value in imports than in exports of 2-furaldehyde (furfuraldehyde) were United States ($31.2M), Belgium ($31.2M), Brazil ($7.31M), Netherlands ($3.89M), and Japan ($2.1M).

Net Trade (2023)

Country Comparison

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Measure
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 (2023)

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