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291100 (Harmonized System 1992 for 6-digit)

2023
World Trade $77.2MRnk 4182 / 4644
2023
Top Exporter | Top Importer $14.1M | $10MBelgium | United States
2023
Product Complexity 1.36Rnk 282 / 4656
2022 - 2023
Export Growth (CAGR) -7.73%Rnk 2444 / 4644
2023
Share of World Trade 0.00034%Rnk 4182 / 4644

About

Overview This page contains the latest trade data of Acetals and hemiacetals, derivatives. In 2023, Acetals and hemiacetals, derivatives were the world's 4182nd most traded product, with a total trade of $77.2M. Between 2022 and 2023 the exports of Acetals and hemiacetals, derivatives decreased by -7.73%, from $83.7M to $77.2M. Trade in Acetals and hemiacetals, derivatives represent 0.00034% of total world trade.

Acetals and hemiacetals, derivatives are a part of Acetals and Hemiacetals.

Exports In 2023 the top exporters of Acetals and hemiacetals, derivatives  were Belgium ($14.1M), China ($12.4M), Germany ($9.22M), Spain ($7.2M), and United States ($6.46M).

Imports In 2023 the top importers of Acetals and hemiacetals, derivatives were United States ($10M), China ($7.75M), Spain ($5.66M), France ($5.1M), and Switzerland ($4.96M).

Ranking Acetals and hemiacetals, derivatives ranks 282nd in the Product Complexity Index (PCI).

Description Acetals are used as a solvent for resins, plant extracts, and some types of petroleum and they are used in blood transfusions. Hemiacetals are used in the synthesis of polymers.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Acetals and hemiacetals, derivatives. 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)Belgium$14.1M
Top Destination (2023)United States$10M

In 2023 Acetals and hemiacetals, derivatives were the world's 4182nd most traded product (out of 4,644).

In 2023, the top exporters of Acetals and hemiacetals, derivatives were Belgium ($14.1M), China ($12.4M), Germany ($9.22M), Spain ($7.2M), and United States ($6.46M).

In 2023, the top importers of Acetals and hemiacetals, derivatives were United States ($10M), China ($7.75M), Spain ($5.66M), France ($5.1M), and Switzerland ($4.96M).

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Exporters of Acetals and hemiacetals, derivatives (2023)
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Importers of Acetals and hemiacetals, derivatives (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$1.22M
Top Destination Growth (2022 -  2023)China$1.18M

Between 2022 and 2023, the exports of Acetals and hemiacetals, derivatives grew the fastest in Spain ($1.22M), India ($667k), Canada ($615k), South Korea ($252k), and United States ($137k).

Between 2022 and 2023, the fastest growing importers of Acetals and hemiacetals, derivatives were China ($1.18M), India ($500k), Turkey ($408k), United Arab Emirates ($283k), and Cuba ($232k).

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Exporters of Acetals and hemiacetals, derivatives (2022 - 2023)

Importers of Acetals and hemiacetals, derivatives (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Acetals and hemiacetals, derivatives.

In 2023, market concentration measured using Shannon Entropy, was 3.58. This means that most of the exports of Acetals and hemiacetals, derivatives are explained by 11 countries.

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Value of Exports in Acetals and hemiacetals, derivatives

Net Trade

TOP NET EXPORTER (2023)Belgium$12.3M
TOP NET IMPORTER (2023)France$3.88M

This map shows which countries export or import more of Acetals and hemiacetals, derivatives. Each country is colored based on the difference in exports and imports of Acetals and hemiacetals, derivatives during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Acetals and hemiacetals, derivatives were Belgium ($12.3M), China ($4.66M), Germany ($4.35M), South Korea ($4.28M), and Mexico ($2.33M).

In 2023, the countries that had a largest trade value in imports than in exports of Acetals and hemiacetals, derivatives were France ($3.88M), United States ($3.55M), Singapore ($2.73M), Brazil ($2.73M), and Netherlands ($2.38M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Acetals and hemiacetals, derivatives.
It is possible to select the main countries that export or import Acetals and hemiacetals, derivatives in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Acetals and hemiacetals, derivatives 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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