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291639 (Harmonized System 1992 for 6-digit)

2022
World Trade $919MRnk 2304 / 4648
2022
Top Exporter | Top Importer $471M | $140MChina | India
2022
Product Complexity -0.048Rnk 2586 / 4653
2021 - 2022
Export Growth (CAGR) 10.7%Rnk 1534 / 4648
2022
Share of World Trade 0.0039%Rnk 2304 / 4648

About

Overview This page contains the latest trade data of Aromatic monocarboxylic acids and derivatives, nes. In 2022, Aromatic monocarboxylic acids and derivatives, nes were the world's 2304th most traded product, with a total trade of $919M. Between 2021 and 2022 the exports of Aromatic monocarboxylic acids and derivatives, nes grew by 10.7%, from $830M to $919M. Trade in Aromatic monocarboxylic acids and derivatives, nes represent 0.0039% of total world trade.

Aromatic monocarboxylic acids and derivatives, nes are a part of Unsaturated Acyclic Monocarboxylic Acids.

Exports In 2022 the top exporters of Aromatic monocarboxylic acids and derivatives, nes  were China ($471M), India ($135M), United States ($82.4M), Germany ($67M), and Switzerland ($28.9M).

Imports In 2022 the top importers of Aromatic monocarboxylic acids and derivatives, nes were India ($140M), United States ($118M), Italy ($80.5M), Germany ($62.5M), and Japan ($51M).

Ranking Aromatic monocarboxylic acids and derivatives, nes ranks 2586th in the Product Complexity Index (PCI).

Description Aromatic monocarboxylic acids and derivatives are commonly used as fragrances in cosmetics and personal care products. They are also used in the production of detergents, solvents, and pesticides.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Aromatic monocarboxylic acids and derivatives, nes. 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$471M
Top Destination (2022)India$140M

In 2022 Aromatic monocarboxylic acids and derivatives, nes were the world's 2304th most traded product (out of 4,648).

In 2022, the top exporters of Aromatic monocarboxylic acids and derivatives, nes were China ($471M), India ($135M), United States ($82.4M), Germany ($67M), and Switzerland ($28.9M).

In 2022, the top importers of Aromatic monocarboxylic acids and derivatives, nes were India ($140M), United States ($118M), Italy ($80.5M), Germany ($62.5M), and Japan ($51M).

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Exporters of Aromatic monocarboxylic acids and derivatives, nes (2022)
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Importers of Aromatic monocarboxylic acids and derivatives, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$20.2M
Top Destination Growth (2021 -  2022)France$28.3M

Between 2021 and 2022, the exports of Aromatic monocarboxylic acids and derivatives, nes grew the fastest in Germany ($20.2M), Switzerland ($19.1M), United States ($14.9M), India ($13M), and China ($9.58M).

Between 2021 and 2022, the fastest growing importers of Aromatic monocarboxylic acids and derivatives, nes were France ($28.3M), Italy ($15.1M), United Kingdom ($10.3M), India ($10.3M), and South Korea ($10.2M).

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Exporters of Aromatic monocarboxylic acids and derivatives, nes (2021 - 2022)

Importers of Aromatic monocarboxylic acids and derivatives, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Aromatic monocarboxylic acids and derivatives, nes.

In 2022, market concentration measured using Shannon Entropy, was 2.68. This means that most of the exports of Aromatic monocarboxylic acids and derivatives, nes are explained by 6 countries.

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Value of Exports in Aromatic monocarboxylic acids and derivatives, nes

Net Trade

TOP NET EXPORTER (2022)China$461M
TOP NET IMPORTER (2022)Italy$67.7M

This map shows which countries export or import more of Aromatic monocarboxylic acids and derivatives, nes. Each country is colored based on the difference in exports and imports of Aromatic monocarboxylic acids and derivatives, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Aromatic monocarboxylic acids and derivatives, nes were China ($461M), Switzerland ($9.46M), Germany ($4.5M), Poland ($2.92M), and Sierra Leone ($300k).

In 2022, the countries that had a largest trade value in imports than in exports of Aromatic monocarboxylic acids and derivatives, nes were Italy ($67.7M), Japan ($38.4M), South Korea ($37.6M), United States ($35.8M), and France ($31.9M).

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 Aromatic monocarboxylic acids and derivatives, nes.
It is possible to select the main countries that export or import Aromatic monocarboxylic acids and derivatives, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Aromatic monocarboxylic acids and derivatives, nes 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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