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293626 (Harmonized System 1992 for 6-digit)

2022
World Trade $332MRnk 3317 / 4648
2022
Top Exporter | Top Importer $165M | $72.4MChina | United States
2022
Product Complexity 0.75Rnk 1189 / 4653
2021 - 2022
Export Growth (CAGR) -2.99%Rnk 3375 / 4648
2022
Share of World Trade 0.0014%Rnk 3317 / 4648

About

Overview This page contains the latest trade data of Vitamin B12, derivatives, unmixed. In 2022, Vitamin B12, derivatives, unmixed were the world's 3317th most traded product, with a total trade of $332M. Between 2021 and 2022 the exports of Vitamin B12, derivatives, unmixed decreased by -2.99%, from $342M to $332M. Trade in Vitamin B12, derivatives, unmixed represent 0.0014% of total world trade.

Vitamin B12, derivatives, unmixed are a part of Vitamins.

Exports In 2022 the top exporters of Vitamin B12, derivatives, unmixed  were China ($165M), France ($50.6M), Netherlands ($24.2M), Spain ($11.9M), and United States ($9.5M).

Imports In 2022 the top importers of Vitamin B12, derivatives, unmixed were United States ($72.4M), India ($35.3M), Netherlands ($14.4M), Japan ($14.1M), and Mexico ($13.3M).

Ranking Vitamin B12, derivatives, unmixed ranks 1189th in the Product Complexity Index (PCI).

Description A vitamin B12 deficiency can cause anemia, fatigue, and nerve damage. Vitamin B12 is often given to people who have been diagnosed with a B12 deficiency, and can also be given to prevent a deficiency. B12 can be found in foods such as meat, eggs, and dairy products.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Vitamin B12, derivatives, unmixed. 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$165M
Top Destination (2022)United States$72.4M

In 2022 Vitamin B12, derivatives, unmixed were the world's 3317th most traded product (out of 4,648).

In 2022, the top exporters of Vitamin B12, derivatives, unmixed were China ($165M), France ($50.6M), Netherlands ($24.2M), Spain ($11.9M), and United States ($9.5M).

In 2022, the top importers of Vitamin B12, derivatives, unmixed were United States ($72.4M), India ($35.3M), Netherlands ($14.4M), Japan ($14.1M), and Mexico ($13.3M).

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Exporters of Vitamin B12, derivatives, unmixed (2022)
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Importers of Vitamin B12, derivatives, unmixed (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Netherlands$16.7M
Top Destination Growth (2021 -  2022)France$3.88M

Between 2021 and 2022, the exports of Vitamin B12, derivatives, unmixed grew the fastest in Netherlands ($16.7M), France ($4.87M), Japan ($2.44M), Belgium ($2.27M), and Romania ($1.95M).

Between 2021 and 2022, the fastest growing importers of Vitamin B12, derivatives, unmixed were France ($3.88M), Switzerland ($3.29M), South Korea ($3.09M), Turkey ($2.66M), and Austria ($2.55M).

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Exporters of Vitamin B12, derivatives, unmixed (2021 - 2022)

Importers of Vitamin B12, derivatives, unmixed (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vitamin B12, derivatives, unmixed.

In 2022, market concentration measured using Shannon Entropy, was 2.88. This means that most of the exports of Vitamin B12, derivatives, unmixed are explained by 7 countries.

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Value of Exports in Vitamin B12, derivatives, unmixed

Net Trade

TOP NET EXPORTER (2022)China$160M
TOP NET IMPORTER (2022)United States$62.9M

This map shows which countries export or import more of Vitamin B12, derivatives, unmixed. Each country is colored based on the difference in exports and imports of Vitamin B12, derivatives, unmixed during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Vitamin B12, derivatives, unmixed were China ($160M), France ($44.1M), Netherlands ($9.78M), Spain ($4.28M), and Czechia ($2.05M).

In 2022, the countries that had a largest trade value in imports than in exports of Vitamin B12, derivatives, unmixed were United States ($62.9M), India ($31.4M), South Korea ($10.6M), Brazil ($9.91M), and Indonesia ($9.47M).

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 Vitamin B12, derivatives, unmixed.
It is possible to select the main countries that export or import Vitamin B12, derivatives, unmixed in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vitamin B12, derivatives, unmixed 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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