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293729 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.39BRnk 1270 / 4644
2023
Top Exporter | Top Importer $932M | $448MBelgium | Italy
2023
Product Complexity 1.08Rnk 666 / 4656
2022 - 2023
Export Growth (CAGR) -7.47%Rnk 2414 / 4644
2023
Share of World Trade 0.011%Rnk 1270 / 4644

About

Overview This page contains the latest trade data of Adrenal cortical hormones nes, in bulk, derivatives. In 2023, Adrenal cortical hormones nes, in bulk, derivatives were the world's 1270th most traded product, with a total trade of $2.39B. Between 2022 and 2023 the exports of Adrenal cortical hormones nes, in bulk, derivatives decreased by -7.47%, from $2.59B to $2.39B. Trade in Adrenal cortical hormones nes, in bulk, derivatives represent 0.011% of total world trade.

Adrenal cortical hormones nes, in bulk, derivatives are a part of Hormones.

Exports In 2023 the top exporters of Adrenal cortical hormones nes, in bulk, derivatives  were Belgium ($932M), China ($375M), Italy ($294M), France ($123M), and Sweden ($112M).

Imports In 2023 the top importers of Adrenal cortical hormones nes, in bulk, derivatives were Italy ($448M), Canada ($360M), France ($315M), United States ($191M), and Germany ($130M).

Ranking Adrenal cortical hormones nes, in bulk, derivatives ranks 666th in the Product Complexity Index (PCI).

Description The adrenal cortex produces three major hormones in response to stress: cortisol, aldosterone, and epinephrine. The three major hormones are used as: 1) an anti-inflammatory and anti-stress hormone, 2) an electrolyte-regulating hormone, and 3) a hormone that controls blood pressure.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Adrenal cortical hormones nes, in bulk, 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$932M
Top Destination (2023)Italy$448M

In 2023 Adrenal cortical hormones nes, in bulk, derivatives were the world's 1270th most traded product (out of 4,644).

In 2023, the top exporters of Adrenal cortical hormones nes, in bulk, derivatives were Belgium ($932M), China ($375M), Italy ($294M), France ($123M), and Sweden ($112M).

In 2023, the top importers of Adrenal cortical hormones nes, in bulk, derivatives were Italy ($448M), Canada ($360M), France ($315M), United States ($191M), and Germany ($130M).

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Exporters of Adrenal cortical hormones nes, in bulk, derivatives (2023)
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Importers of Adrenal cortical hormones nes, in bulk, derivatives (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Sweden$98.3M
Top Destination Growth (2022 -  2023)Italy$114M

Between 2022 and 2023, the exports of Adrenal cortical hormones nes, in bulk, derivatives grew the fastest in Sweden ($98.3M), Italy ($65.3M), France ($52.4M), China ($36.5M), and Mexico ($35.3M).

Between 2022 and 2023, the fastest growing importers of Adrenal cortical hormones nes, in bulk, derivatives were Italy ($114M), United Kingdom ($62.5M), Australia ($59.8M), United States ($56.5M), and Canada ($34.5M).

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Exporters of Adrenal cortical hormones nes, in bulk, derivatives (2022 - 2023)

Importers of Adrenal cortical hormones nes, in bulk, derivatives (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Adrenal cortical hormones nes, in bulk, derivatives.

In 2023, market concentration measured using Shannon Entropy, was 3.03. This means that most of the exports of Adrenal cortical hormones nes, in bulk, derivatives are explained by 8 countries.

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Value of Exports in Adrenal cortical hormones nes, in bulk, derivatives

Net Trade

TOP NET EXPORTER (2023)Belgium$866M
TOP NET IMPORTER (2023)Canada$350M

This map shows which countries export or import more of Adrenal cortical hormones nes, in bulk, derivatives. Each country is colored based on the difference in exports and imports of Adrenal cortical hormones nes, in bulk, derivatives during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Adrenal cortical hormones nes, in bulk, derivatives were Belgium ($866M), China ($369M), Sweden ($75.1M), Mexico ($66.7M), and Singapore ($24.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Adrenal cortical hormones nes, in bulk, derivatives were Canada ($350M), France ($191M), Italy ($154M), United States ($109M), and Australia ($87.4M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Adrenal cortical hormones nes, in bulk, 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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