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292690 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.24BRnk 1097 / 4648
2022
Top Exporter | Top Importer $1.21B | $370MChina | United States
2022
Product Complexity 1.29Rnk 374 / 4653
2021 - 2022
Export Growth (CAGR) -0.22%Rnk 2994 / 4648
2022
Share of World Trade 0.014%Rnk 1097 / 4648

About

Overview This page contains the latest trade data of Nitrile-function compounds, nes. In 2022, Nitrile-function compounds, nes were the world's 1097th most traded product, with a total trade of $3.24B. Between 2021 and 2022 the exports of Nitrile-function compounds, nes decreased by -0.22%, from $3.25B to $3.24B. Trade in Nitrile-function compounds, nes represent 0.014% of total world trade.

Nitrile-function compounds, nes are a part of Nitrile Compounds.

Exports In 2022 the top exporters of Nitrile-function compounds, nes  were China ($1.21B), France ($313M), India ($301M), Germany ($294M), and United States ($287M).

Imports In 2022 the top importers of Nitrile-function compounds, nes were United States ($370M), Brazil ($355M), China ($298M), India ($278M), and Netherlands ($247M).

Ranking Nitrile-function compounds, nes ranks 374th in the Product Complexity Index (PCI).

Description Nitrile-function compounds are used in the production of synthetic rubber compounds, as antioxidants, as antifoaming agents, in the production of polymeric resins, and as high-temperature lubricants.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Nitrile-function compounds, nes. 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$1.21B
Top Destination (2022)United States$370M

In 2022 Nitrile-function compounds, nes were the world's 1097th most traded product (out of 4,648).

In 2022, the top exporters of Nitrile-function compounds, nes were China ($1.21B), France ($313M), India ($301M), Germany ($294M), and United States ($287M).

In 2022, the top importers of Nitrile-function compounds, nes were United States ($370M), Brazil ($355M), China ($298M), India ($278M), and Netherlands ($247M).

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Exporters of Nitrile-function compounds, nes (2022)
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Importers of Nitrile-function compounds, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$185M
Top Destination Growth (2021 -  2022)Brazil$65.5M

Between 2021 and 2022, the exports of Nitrile-function compounds, nes grew the fastest in China ($185M), Germany ($53.1M), India ($35.5M), South Korea ($20.6M), and United Kingdom ($11.7M).

Between 2021 and 2022, the fastest growing importers of Nitrile-function compounds, nes were Brazil ($65.5M), France ($49.9M), United States ($45.7M), Netherlands ($26.4M), and Belgium ($19.4M).

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Exporters of Nitrile-function compounds, nes (2021 - 2022)

Importers of Nitrile-function compounds, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Nitrile-function compounds, nes.

In 2022, market concentration measured using Shannon Entropy, was 3.23. This means that most of the exports of Nitrile-function compounds, nes are explained by 9 countries.

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Value of Exports in Nitrile-function compounds, nes

Net Trade

TOP NET EXPORTER (2022)China$914M
TOP NET IMPORTER (2022)Brazil$342M

This map shows which countries export or import more of Nitrile-function compounds, nes. Each country is colored based on the difference in exports and imports of Nitrile-function compounds, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Nitrile-function compounds, nes were China ($914M), France ($158M), Germany ($130M), United Kingdom ($65.7M), and Japan ($27.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Nitrile-function compounds, nes were Brazil ($342M), Italy ($201M), South Korea ($91.6M), United States ($82.6M), and Netherlands ($68.3M).

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 Nitrile-function compounds, nes.
It is possible to select the main countries that export or import Nitrile-function compounds, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Nitrile-function compounds, nes 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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