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Aldehydes, whether or not with other oxygen function; cyclic polymers of aldehydes; paraformaldehyde

2912 (Harmonized System 1992 for 4-digit)

2023
World Trade $2.55BRnk 706 / 1217
2023
Top Exporter | Top Importer $641M | $312MChina | United States
2023
Product Complexity 1.17Rnk 122 / 1044
2022 - 2023
Export Growth (CAGR) -19.2%Rnk 1021 / 1217
2023
Share of World Trade 0.011%Rnk 706 / 1217

About

Overview This page contains the latest trade data of Aldehydes. In 2023, Aldehydes were the world's 706th most traded product, with a total trade of $2.55B. Between 2022 and 2023 the exports of Aldehydes decreased by -19.2%, from $3.16B to $2.55B. Trade in Aldehydes represent 0.011% of total world trade.

Aldehydes are a part of Organic chemicals. They include Acyclic aldehydes (without other oxygen function), Cyclic aldehydes without other oxygen function, nes, Vanillin, Methanal , Aldehyde derivatives with oxygen function, Paraformaldehyde, Ethylvanillin, Ethanal, Benzaldehyde, and Cyclic polymers of aldehydes, among others.

Exports In 2023 the top exporters of Aldehydes  were China ($641M), Germany ($287M), United States ($229M), India ($188M), and Spain ($120M).

Imports In 2023 the top importers of Aldehydes were United States ($312M), Germany ($231M), India ($214M), China ($142M), and France ($123M).

Ranking Aldehydes ranks 122nd in the Product Complexity Index (PCI).

Description Aldehydes are used in the production of polymers, as solvents, and in the production of pharmaceuticals.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Aldehydes. 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$641M
Top Destination (2023)United States$312M

In 2023 Aldehydes were the world's 706th most traded product (out of 1,217).

In 2023, the top exporters of Aldehydes were China ($641M), Germany ($287M), United States ($229M), India ($188M), and Spain ($120M).

In 2023, the top importers of Aldehydes were United States ($312M), Germany ($231M), India ($214M), China ($142M), and France ($123M).

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Exporters of Aldehydes (2023)
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Importers of Aldehydes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Malaysia$31M
Top Destination Growth (2022 -  2023)Canada$5.76M

Between 2022 and 2023, the exports of Aldehydes grew the fastest in Malaysia ($31M), Belgium ($22.8M), Mexico ($6.88M), South Korea ($3.21M), and Philippines ($2.07M).

Between 2022 and 2023, the fastest growing importers of Aldehydes were Canada ($5.76M), Ireland ($5.32M), Norway ($3.51M), Ethiopia ($3.5M), and Lithuania ($1.43M).

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Exporters of Aldehydes (2022 - 2023)

Importers of Aldehydes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Aldehydes.

In 2023, market concentration measured using Shannon Entropy, was 4.08. This means that most of the exports of Aldehydes are explained by 16 countries.

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Value of Exports in Aldehydes

Net Trade

TOP NET EXPORTER (2023)China$499M
TOP NET IMPORTER (2023)United States$83.3M

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

In 2023, the countries that had a largest trade value in exports than in imports of Aldehydes were China ($499M), Malaysia ($56.7M), Germany ($55.4M), Chinese Taipei ($34.3M), and Spain ($33.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Aldehydes were United States ($83.3M), Singapore ($72.1M), Brazil ($55.6M), Italy ($40.8M), and Switzerland ($35.7M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Aldehydes, disaggragated by their HS6 level were Acyclic aldehydes (without other oxygen function) ($787M), Cyclic aldehydes without other oxygen function,... ($494M), Vanillin ($377M), Aldehyde derivatives with oxygen function ($196M), and Methanal ($189M)

HS6 Disaggregation for Aldehydes (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Aldehydes by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $34.6M
TOP IMPORT POTENTIALIndia+ $17.9M

Aldehydes’s highest export potential is India. With an export gap of $34.6M.  Aldehydes’s highest import potential is India with an import gap of $17.9M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Aldehydes.

Country by Relatedness

The following visualization shows the relatedness of Aldehydes to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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