NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

291560 (Harmonized System 1992 for 6-digit)

2023
World Trade $704MRnk 2493 / 4644
2023
Top Exporter | Top Importer $212M | $65MUnited States | United States
2023
Product Complexity 1.01Rnk 758 / 4656
2022 - 2023
Export Growth (CAGR) -23.1%Rnk 3902 / 4644
2023
Share of World Trade 0.0031%Rnk 2493 / 4644

About

Overview This page contains the latest trade data of Butyric acids, valeric acids, their salts & esters. In 2023, Butyric acids, valeric acids, their salts & esters were the world's 2493rd most traded product, with a total trade of $704M. Between 2022 and 2023 the exports of Butyric acids, valeric acids, their salts & esters decreased by -23.1%, from $915M to $704M. Trade in Butyric acids, valeric acids, their salts & esters represent 0.0031% of total world trade.

Exports In 2023 the top exporters of Butyric acids, valeric acids, their salts & esters  were United States ($212M), China ($146M), Belgium ($64.4M), Germany ($54M), and Netherlands ($39.9M).

Imports In 2023 the top importers of Butyric acids, valeric acids, their salts & esters were United States ($65M), India ($62.5M), Netherlands ($59.4M), Singapore ($52.1M), and Belgium ($30.5M).

Ranking Butyric acids, valeric acids, their salts & esters ranks 758th in the Product Complexity Index (PCI).

Description Butyric acid and its salts and esters are used in perfumes, flavorings, and as food additives. Valeric acid and its salts and esters are used in perfumes, flavorings, and as food additives.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Butyric acids, valeric acids, their salts & esters. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)United States$212M
Top Destination (2023)United States$65M

In 2023 Butyric acids, valeric acids, their salts & esters were the world's 2493rd most traded product (out of 4,644).

In 2023, the top exporters of Butyric acids, valeric acids, their salts & esters were United States ($212M), China ($146M), Belgium ($64.4M), Germany ($54M), and Netherlands ($39.9M).

In 2023, the top importers of Butyric acids, valeric acids, their salts & esters were United States ($65M), India ($62.5M), Netherlands ($59.4M), Singapore ($52.1M), and Belgium ($30.5M).

Explore Visualizations

Exporters of Butyric acids, valeric acids, their salts & esters (2023)
[Click to Select a Country]

Importers of Butyric acids, valeric acids, their salts & esters (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Chinese Taipei$889k
Top Destination Growth (2022 -  2023)Serbia$1.22M

Between 2022 and 2023, the exports of Butyric acids, valeric acids, their salts & esters grew the fastest in Chinese Taipei ($889k), Italy ($586k), Estonia ($443k), Ireland ($350k), and Poland ($286k).

Between 2022 and 2023, the fastest growing importers of Butyric acids, valeric acids, their salts & esters were Serbia ($1.22M), Portugal ($549k), Greece ($375k), Poland ($349k), and Sweden ($331k).

Explore Visualizations

Exporters of Butyric acids, valeric acids, their salts & esters (2022 - 2023)

Importers of Butyric acids, valeric acids, their salts & esters (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Butyric acids, valeric acids, their salts & esters.

In 2023, market concentration measured using Shannon Entropy, was 3.34. This means that most of the exports of Butyric acids, valeric acids, their salts & esters are explained by 10 countries.

Explore Visualizations

Value of Exports in Butyric acids, valeric acids, their salts & esters

Net Trade

TOP NET EXPORTER (2023)United States$147M
TOP NET IMPORTER (2023)India$41.9M

This map shows which countries export or import more of Butyric acids, valeric acids, their salts & esters. Each country is colored based on the difference in exports and imports of Butyric acids, valeric acids, their salts & esters during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Butyric acids, valeric acids, their salts & esters were United States ($147M), China ($122M), Sweden ($34.6M), Belgium ($33.9M), and Germany ($28.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Butyric acids, valeric acids, their salts & esters were India ($41.9M), Singapore ($41.8M), Netherlands ($19.6M), Brazil ($16.2M), and Indonesia ($15.7M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Butyric acids, valeric acids, their salts & esters 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms