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291529 (Harmonized System 1992 for 6-digit)

2022
World Trade $471MRnk 2988 / 4648
2022
Top Exporter | Top Importer $104M | $82MChina | United States
2022
Product Complexity 0.97Rnk 812 / 4653
2021 - 2022
Export Growth (CAGR) 19.4%Rnk 820 / 4648
2022
Share of World Trade 0.002%Rnk 2988 / 4648

About

Overview This page contains the latest trade data of Acetic acid salts except cobalt and sodium. In 2022, Acetic acid salts except cobalt and sodium were the world's 2988th most traded product, with a total trade of $471M. Between 2021 and 2022 the exports of Acetic acid salts except cobalt and sodium grew by 19.4%, from $394M to $471M. Trade in Acetic acid salts except cobalt and sodium represent 0.002% of total world trade.

Acetic acid salts except cobalt and sodium are a part of Saturated Acyclic Monocarboxylic Acids.

Exports In 2022 the top exporters of Acetic acid salts except cobalt and sodium  were China ($104M), Netherlands ($95.6M), Germany ($45.5M), Chinese Taipei ($38.9M), and United Kingdom ($29M).

Imports In 2022 the top importers of Acetic acid salts except cobalt and sodium were United States ($82M), Germany ($36.3M), India ($27.9M), Belgium ($21.1M), and Netherlands ($19.7M).

Ranking Acetic acid salts except cobalt and sodium ranks 812th in the Product Complexity Index (PCI).

Description Acetic acid salts are used in the production of vinegar, as an electrolyte in the manufacture of lead-acid batteries, and for a variety of industrial purposes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Acetic acid salts except cobalt and sodium. 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$104M
Top Destination (2022)United States$82M

In 2022 Acetic acid salts except cobalt and sodium were the world's 2988th most traded product (out of 4,648).

In 2022, the top exporters of Acetic acid salts except cobalt and sodium were China ($104M), Netherlands ($95.6M), Germany ($45.5M), Chinese Taipei ($38.9M), and United Kingdom ($29M).

In 2022, the top importers of Acetic acid salts except cobalt and sodium were United States ($82M), Germany ($36.3M), India ($27.9M), Belgium ($21.1M), and Netherlands ($19.7M).

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Exporters of Acetic acid salts except cobalt and sodium (2022)
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Importers of Acetic acid salts except cobalt and sodium (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$21M
Top Destination Growth (2021 -  2022)United States$20.4M

Between 2021 and 2022, the exports of Acetic acid salts except cobalt and sodium grew the fastest in China ($21M), Netherlands ($18.1M), Chinese Taipei ($10.3M), Germany ($6.71M), and Belgium ($6.33M).

Between 2021 and 2022, the fastest growing importers of Acetic acid salts except cobalt and sodium were United States ($20.4M), Germany ($9.89M), India ($8.03M), United Kingdom ($4.05M), and Spain ($3.88M).

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Exporters of Acetic acid salts except cobalt and sodium (2021 - 2022)

Importers of Acetic acid salts except cobalt and sodium (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Acetic acid salts except cobalt and sodium.

In 2022, market concentration measured using Shannon Entropy, was 3.76. This means that most of the exports of Acetic acid salts except cobalt and sodium are explained by 13 countries.

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Value of Exports in Acetic acid salts except cobalt and sodium

Net Trade

TOP NET EXPORTER (2022)China$89.5M
TOP NET IMPORTER (2022)United States$56.6M

This map shows which countries export or import more of Acetic acid salts except cobalt and sodium. Each country is colored based on the difference in exports and imports of Acetic acid salts except cobalt and sodium during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Acetic acid salts except cobalt and sodium were China ($89.5M), Netherlands ($75.9M), Chinese Taipei ($33.5M), United Kingdom ($17.1M), and Germany ($9.24M).

In 2022, the countries that had a largest trade value in imports than in exports of Acetic acid salts except cobalt and sodium were United States ($56.6M), Mexico ($14.3M), Spain ($10M), Italy ($9.96M), and South Korea ($9.64M).

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 Acetic acid salts except cobalt and sodium.
It is possible to select the main countries that export or import Acetic acid salts except cobalt and sodium in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Acetic acid salts except cobalt and sodium 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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