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210230 (Harmonized System 1992 for 6-digit)

2023
World Trade $285MRnk 3385 / 4644
2023
Top Exporter | Top Importer $32.4M | $25.1MUnited States | Saudi Arabia
2023
Product Complexity -1.01Rnk 3817 / 4656
2022 - 2023
Export Growth (CAGR) 14%Rnk 475 / 4644
2023
Share of World Trade 0.0013%Rnk 3385 / 4644

About

Overview This page contains the latest trade data of Baking powders, prepared. In 2023, Baking powders, prepared were the world's 3385th most traded product, with a total trade of $285M. Between 2022 and 2023 the exports of Baking powders, prepared grew by 14%, from $250M to $285M. Trade in Baking powders, prepared represent 0.0013% of total world trade.

Baking powders, prepared are a part of Yeast.

Exports In 2023 the top exporters of Baking powders, prepared  were United States ($32.4M), Egypt ($32M), China ($26.8M), Germany ($18.5M), and Thailand ($17.5M).

Imports In 2023 the top importers of Baking powders, prepared were Saudi Arabia ($25.1M), Canada ($22.3M), Philippines ($16.4M), Indonesia ($14.8M), and Germany ($11.4M).

Ranking Baking powders, prepared ranks 3817th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Baking powders, prepared. 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$32.4M
Top Destination (2023)Saudi Arabia$25.1M

In 2023 Baking powders, prepared were the world's 3385th most traded product (out of 4,644).

In 2023, the top exporters of Baking powders, prepared were United States ($32.4M), Egypt ($32M), China ($26.8M), Germany ($18.5M), and Thailand ($17.5M).

In 2023, the top importers of Baking powders, prepared were Saudi Arabia ($25.1M), Canada ($22.3M), Philippines ($16.4M), Indonesia ($14.8M), and Germany ($11.4M).

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Exporters of Baking powders, prepared (2023)
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Importers of Baking powders, prepared (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$10.6M
Top Destination Growth (2022 -  2023)Nigeria$8.78M

Between 2022 and 2023, the exports of Baking powders, prepared grew the fastest in Spain ($10.6M), United States ($7.97M), Thailand ($5.51M), Kenya ($4.6M), and France ($3.22M).

Between 2022 and 2023, the fastest growing importers of Baking powders, prepared were Nigeria ($8.78M), Germany ($7.35M), Canada ($6.17M), Philippines ($5.14M), and Saudi Arabia ($3.88M).

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Exporters of Baking powders, prepared (2022 - 2023)

Importers of Baking powders, prepared (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Baking powders, prepared.

In 2023, market concentration measured using Shannon Entropy, was 4.76. This means that most of the exports of Baking powders, prepared are explained by 27 countries.

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Value of Exports in Baking powders, prepared

Net Trade

TOP NET EXPORTER (2023)Egypt$31.6M
TOP NET IMPORTER (2023)Canada$21.9M

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

In 2023, the countries that had a largest trade value in exports than in imports of Baking powders, prepared were Egypt ($31.6M), China ($26.5M), United States ($21.9M), Thailand ($17.3M), and Kenya ($15.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Baking powders, prepared were Canada ($21.9M), Saudi Arabia ($21.9M), Philippines ($16.2M), Indonesia ($14.3M), and Nigeria ($10.8M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Baking powders, prepared 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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