350290 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Albumins nes, albuminates & other albumin derivatives. In 2023, Albumins nes, albuminates & other albumin derivatives were the world's 1266th most traded product, with a total trade of $2.4B. Between 2022 and 2023 the exports of Albumins nes, albuminates & other albumin derivatives decreased by -17.6%, from $2.92B to $2.4B. Trade in Albumins nes, albuminates & other albumin derivatives represent 0.011% of total world trade.

Albumins nes, albuminates & other albumin derivatives are a part of Water Soluble Proteins.

Exports In 2023 the top exporters of Albumins nes, albuminates & other albumin derivatives  were United States ($651M), Germany ($343M), New Zealand ($252M), Denmark ($222M), and Netherlands ($186M).

Imports In 2023 the top importers of Albumins nes, albuminates & other albumin derivatives were China ($351M), Japan ($273M), Netherlands ($183M), India ($141M), and United States ($130M).

Ranking Albumins nes, albuminates & other albumin derivatives ranks 1983rd in the Product Complexity Index (PCI).

Description Albumins and albuminates are protein molecules with many functions. They act as a negative charge balance for other protein molecules, such as collagen, blood clotting factors, and hemoglobin. Albuminates are used in some foods as emulsifiers, stabilizers, and thickeners.

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Albumins nes, albuminates & other albumin 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)United States$651M
Top Destination (2023)China$351M

In 2023 Albumins nes, albuminates & other albumin derivatives were the world's 1266th most traded product (out of 4,644).

In 2023, the top exporters of Albumins nes, albuminates & other albumin derivatives were United States ($651M), Germany ($343M), New Zealand ($252M), Denmark ($222M), and Netherlands ($186M).

In 2023, the top importers of Albumins nes, albuminates & other albumin derivatives were China ($351M), Japan ($273M), Netherlands ($183M), India ($141M), and United States ($130M).

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Exporters of Albumins nes, albuminates & other albumin derivatives (2023)
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Importers of Albumins nes, albuminates & other albumin derivatives (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Australia$13.3M
Top Destination Growth (2022 -  2023)Portugal$13.1M

Between 2022 and 2023, the exports of Albumins nes, albuminates & other albumin derivatives grew the fastest in Australia ($13.3M), Spain ($4.46M), Slovakia ($3.38M), Switzerland ($2M), and China ($858k).

Between 2022 and 2023, the fastest growing importers of Albumins nes, albuminates & other albumin derivatives were Portugal ($13.1M), Ireland ($11.8M), Chile ($9.13M), Netherlands ($6.55M), and Egypt ($6.23M).

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Exporters of Albumins nes, albuminates & other albumin derivatives (2022 - 2023)

Importers of Albumins nes, albuminates & other albumin derivatives (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Albumins nes, albuminates & other albumin derivatives.

In 2023, market concentration measured using Shannon Entropy, was 3.5. This means that most of the exports of Albumins nes, albuminates & other albumin derivatives are explained by 11 countries.

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Value of Exports in Albumins nes, albuminates & other albumin derivatives

Net Trade

TOP NET EXPORTER (2023)United States$521M
TOP NET IMPORTER (2023)China$343M

This map shows which countries export or import more of Albumins nes, albuminates & other albumin derivatives. Each country is colored based on the difference in exports and imports of Albumins nes, albuminates & other albumin derivatives during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Albumins nes, albuminates & other albumin derivatives were United States ($521M), New Zealand ($233M), Germany ($217M), Denmark ($150M), and Australia ($61.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Albumins nes, albuminates & other albumin derivatives were China ($343M), Japan ($273M), India ($141M), Canada ($115M), and Brazil ($99.8M).

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 Albumins nes, albuminates & other albumin derivatives.
It is possible to select the main countries that export or import Albumins nes, albuminates & other albumin derivatives in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Albumins nes, albuminates & other albumin 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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