New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

291550 (Harmonized System 1992 for 6-digit)

2022
World Trade $569MRnk 2796 / 4648
2022
Top Exporter | Top Importer $144M | $56.7MUnited States | Netherlands
2022
Product Complexity 0.9Rnk 929 / 4653
2021 - 2022
Export Growth (CAGR) 20.5%Rnk 762 / 4648
2022
Share of World Trade 0.0024%Rnk 2796 / 4648

About

Overview This page contains the latest trade data of Propionic acid, its salts & esters. In 2022, Propionic acid, its salts & esters were the world's 2796th most traded product, with a total trade of $569M. Between 2021 and 2022 the exports of Propionic acid, its salts & esters grew by 20.5%, from $472M to $569M. Trade in Propionic acid, its salts & esters represent 0.0024% of total world trade.

Propionic acid, its salts & esters are a part of Saturated Acyclic Monocarboxylic Acids.

Exports In 2022 the top exporters of Propionic acid, its salts & esters  were United States ($144M), China ($82.4M), Netherlands ($71.5M), Germany ($62.5M), and Belgium ($28.6M).

Imports In 2022 the top importers of Propionic acid, its salts & esters were Netherlands ($56.7M), India ($41.1M), Brazil ($36.7M), Belgium ($32.4M), and Mexico ($32.1M).

Ranking Propionic acid, its salts & esters ranks 929th in the Product Complexity Index (PCI).

Description Propionic acid is an organic acid that is a component of the E-numbers E290 (propionates) and E296 (propionic acid esters). It is used as a preservative in various types of food.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Propionic 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.

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2022)United States$144M
Top Destination (2022)Netherlands$56.7M

In 2022 Propionic acid, its salts & esters were the world's 2796th most traded product (out of 4,648).

In 2022, the top exporters of Propionic acid, its salts & esters were United States ($144M), China ($82.4M), Netherlands ($71.5M), Germany ($62.5M), and Belgium ($28.6M).

In 2022, the top importers of Propionic acid, its salts & esters were Netherlands ($56.7M), India ($41.1M), Brazil ($36.7M), Belgium ($32.4M), and Mexico ($32.1M).

Explore Visualizations

Exporters of Propionic acid, its salts & esters (2022)
[Click to Select a Country]

Importers of Propionic acid, its salts & esters (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$26.3M
Top Destination Growth (2021 -  2022)Mexico$16.3M

Between 2021 and 2022, the exports of Propionic acid, its salts & esters grew the fastest in United States ($26.3M), Germany ($20.3M), China ($19.7M), India ($11.8M), and Netherlands ($10.3M).

Between 2021 and 2022, the fastest growing importers of Propionic acid, its salts & esters were Mexico ($16.3M), Brazil ($14.8M), India ($5.69M), Thailand ($5.13M), and United Kingdom ($4.97M).

Explore Visualizations

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

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

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.62. This means that most of the exports of Propionic acid, its salts & esters are explained by 12 countries.

Explore Visualizations

Value of Exports in Propionic acid, its salts & esters

Net Trade

TOP NET EXPORTER (2022)United States$113M
TOP NET IMPORTER (2022)Brazil$36.5M

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

In 2022, the countries that had a largest trade value in exports than in imports of Propionic acid, its salts & esters were United States ($113M), China ($61.1M), Germany ($40.7M), Sweden ($24.1M), and Netherlands ($14.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Propionic acid, its salts & esters were Brazil ($36.5M), Mexico ($27M), United Kingdom ($18.1M), India ($16.4M), and Thailand ($14.6M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Propionic 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms