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152190 (Harmonized System 1992 for 6-digit)

2022
World Trade $163MRnk 3861 / 4648
2022
Top Exporter | Top Importer $50.3M | $31.6MChina | Germany
2022
Product Complexity -2.06Rnk 4538 / 4653
2021 - 2022
Export Growth (CAGR) 6.4%Rnk 2041 / 4648
2022
Share of World Trade 0.00069%Rnk 3861 / 4648

About

Overview This page contains the latest trade data of Beeswax, other insect waxes and spermaceti. In 2022, Beeswax, other insect waxes and spermaceti were the world's 3861st most traded product, with a total trade of $163M. Between 2021 and 2022 the exports of Beeswax, other insect waxes and spermaceti grew by 6.4%, from $153M to $163M. Trade in Beeswax, other insect waxes and spermaceti represent 0.00069% of total world trade.

Beeswax, other insect waxes and spermaceti are a part of Vegetable waxes and beeswax.

Exports In 2022 the top exporters of Beeswax, other insect waxes and spermaceti  were China ($50.3M), Germany ($18.4M), Vietnam ($12.1M), United States ($8.15M), and Brazil ($8.12M).

Imports In 2022 the top importers of Beeswax, other insect waxes and spermaceti were Germany ($31.6M), United States ($29.2M), France ($13.7M), Japan ($13M), and Italy ($5.25M).

Ranking Beeswax, other insect waxes and spermaceti ranks 4538th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Beeswax, other insect waxes and spermaceti. 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$50.3M
Top Destination (2022)Germany$31.6M

In 2022 Beeswax, other insect waxes and spermaceti were the world's 3861st most traded product (out of 4,648).

In 2022, the top exporters of Beeswax, other insect waxes and spermaceti were China ($50.3M), Germany ($18.4M), Vietnam ($12.1M), United States ($8.15M), and Brazil ($8.12M).

In 2022, the top importers of Beeswax, other insect waxes and spermaceti were Germany ($31.6M), United States ($29.2M), France ($13.7M), Japan ($13M), and Italy ($5.25M).

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Exporters of Beeswax, other insect waxes and spermaceti (2022)
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Importers of Beeswax, other insect waxes and spermaceti (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$7.41M
Top Destination Growth (2021 -  2022)Germany$4.9M

Between 2021 and 2022, the exports of Beeswax, other insect waxes and spermaceti grew the fastest in China ($7.41M), Belgium ($2.23M), Vietnam ($2.04M), Tanzania ($1.34M), and Argentina ($1.28M).

Between 2021 and 2022, the fastest growing importers of Beeswax, other insect waxes and spermaceti were Germany ($4.9M), United States ($4.1M), Japan ($2.08M), France ($1.1M), and Netherlands ($1.07M).

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Exporters of Beeswax, other insect waxes and spermaceti (2021 - 2022)

Importers of Beeswax, other insect waxes and spermaceti (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Beeswax, other insect waxes and spermaceti.

In 2022, market concentration measured using Shannon Entropy, was 4.14. This means that most of the exports of Beeswax, other insect waxes and spermaceti are explained by 17 countries.

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Value of Exports in Beeswax, other insect waxes and spermaceti

Net Trade

TOP NET EXPORTER (2022)China$47.5M
TOP NET IMPORTER (2022)United States$21.1M

This map shows which countries export or import more of Beeswax, other insect waxes and spermaceti. Each country is colored based on the difference in exports and imports of Beeswax, other insect waxes and spermaceti during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Beeswax, other insect waxes and spermaceti were China ($47.5M), Vietnam ($11.7M), Brazil ($8M), Tanzania ($5.44M), and Malaysia ($3.72M).

In 2022, the countries that had a largest trade value in imports than in exports of Beeswax, other insect waxes and spermaceti were United States ($21.1M), Germany ($13.2M), Japan ($11.1M), France ($7.54M), and South Korea ($3.44M).

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 Beeswax, other insect waxes and spermaceti.
It is possible to select the main countries that export or import Beeswax, other insect waxes and spermaceti in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Beeswax, other insect waxes and spermaceti 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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