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130231 (Harmonized System 1992 for 6-digit)

2023
World Trade $273MRnk 3415 / 4644
2023
Top Exporter | Top Importer $87.1M | $50MChina | Japan
2023
Product Complexity -0.36Rnk 3041 / 4656
2022 - 2023
Export Growth (CAGR) -11.1%Rnk 2833 / 4644
2023
Share of World Trade 0.0012%Rnk 3415 / 4644

About

Overview This page contains the latest trade data of Agar-agar. In 2023, Agar-agar were the world's 3415th most traded product, with a total trade of $273M. Between 2022 and 2023 the exports of Agar-agar decreased by -11.1%, from $307M to $273M. Trade in Agar-agar represent 0.0012% of total world trade.

Agar-agar are a part of Vegetable Saps.

Exports In 2023 the top exporters of Agar-agar  were China ($87.1M), Spain ($44.6M), Morocco ($29M), Chile ($28.5M), and Italy ($17.5M).

Imports In 2023 the top importers of Agar-agar were Japan ($50M), United States ($39.7M), Spain ($14.8M), Italy ($14.5M), and Russia ($14.3M).

Ranking Agar-agar ranks 3041st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Agar-agar. 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)China$87.1M
Top Destination (2023)Japan$50M

In 2023 Agar-agar were the world's 3415th most traded product (out of 4,644).

In 2023, the top exporters of Agar-agar were China ($87.1M), Spain ($44.6M), Morocco ($29M), Chile ($28.5M), and Italy ($17.5M).

In 2023, the top importers of Agar-agar were Japan ($50M), United States ($39.7M), Spain ($14.8M), Italy ($14.5M), and Russia ($14.3M).

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Exporters of Agar-agar (2023)
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Importers of Agar-agar (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Morocco$6.22M
Top Destination Growth (2022 -  2023)Japan$9.04M

Between 2022 and 2023, the exports of Agar-agar grew the fastest in Morocco ($6.22M), India ($2.1M), Indonesia ($1.94M), Spain ($1.34M), and Chile ($907k).

Between 2022 and 2023, the fastest growing importers of Agar-agar were Japan ($9.04M), India ($2.49M), Malaysia ($892k), United Kingdom ($758k), and Finland ($438k).

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Exporters of Agar-agar (2022 - 2023)

Importers of Agar-agar (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Agar-agar.

In 2023, market concentration measured using Shannon Entropy, was 3.29. This means that most of the exports of Agar-agar are explained by 9 countries.

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Value of Exports in Agar-agar

Net Trade

TOP NET EXPORTER (2023)China$74.1M
TOP NET IMPORTER (2023)Japan$48.9M

This map shows which countries export or import more of Agar-agar. Each country is colored based on the difference in exports and imports of Agar-agar during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Agar-agar were China ($74.1M), Spain ($29.9M), Morocco ($28.8M), Chile ($26.3M), and Indonesia ($16.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Agar-agar were Japan ($48.9M), United States ($36.6M), Russia ($13.8M), United Kingdom ($10.5M), and Thailand ($9.83M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Agar-agar 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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