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340600 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.48BRnk 817 / 4644
2023
Top Exporter | Top Importer $926M | $1.09BChina | United States
2023
Product Complexity 0.11Rnk 2356 / 4656
2022 - 2023
Export Growth (CAGR) -13.2%Rnk 3057 / 4644
2023
Share of World Trade 0.02%Rnk 817 / 4644

About

Overview This page contains the latest trade data of Candles, tapers and the like. In 2023, Candles, tapers and the like were the world's 817th most traded product, with a total trade of $4.48B. Between 2022 and 2023 the exports of Candles, tapers and the like decreased by -13.2%, from $5.16B to $4.48B. Trade in Candles, tapers and the like represent 0.02% of total world trade.

Candles, tapers and the like are a part of Candles.

Exports In 2023 the top exporters of Candles, tapers and the like  were China ($926M), Poland ($842M), Vietnam ($703M), United States ($244M), and Canada ($187M).

Imports In 2023 the top importers of Candles, tapers and the like were United States ($1.09B), Germany ($508M), United Kingdom ($339M), Netherlands ($259M), and France ($171M).

Ranking Candles, tapers and the like ranks 2356th in the Product Complexity Index (PCI).

Description Candles are used in ceremonies and rituals to signify The taper is used in religious ceremonies and rituals to signify What are the three types of waxes used in candles? The three types of waxes used in candles are beeswax, paraffin, and stearin.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Candles, tapers and the like. 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$926M
Top Destination (2023)United States$1.09B

In 2023 Candles, tapers and the like were the world's 817th most traded product (out of 4,644).

In 2023, the top exporters of Candles, tapers and the like were China ($926M), Poland ($842M), Vietnam ($703M), United States ($244M), and Canada ($187M).

In 2023, the top importers of Candles, tapers and the like were United States ($1.09B), Germany ($508M), United Kingdom ($339M), Netherlands ($259M), and France ($171M).

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Exporters of Candles, tapers and the like (2023)
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Importers of Candles, tapers and the like (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$4.42M
Top Destination Growth (2022 -  2023)Vietnam$9.84M

Between 2022 and 2023, the exports of Candles, tapers and the like grew the fastest in France ($4.42M), Dominican Republic ($3.06M), Tunisia ($3.03M), Zambia ($2.38M), and Slovakia ($2M).

Between 2022 and 2023, the fastest growing importers of Candles, tapers and the like were Vietnam ($9.84M), Mexico ($9.24M), Russia ($6.08M), India ($3.75M), and Haiti ($2.89M).

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Exporters of Candles, tapers and the like (2022 - 2023)

Importers of Candles, tapers and the like (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Candles, tapers and the like.

In 2023, market concentration measured using Shannon Entropy, was 3.93. This means that most of the exports of Candles, tapers and the like are explained by 15 countries.

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Value of Exports in Candles, tapers and the like

Net Trade

TOP NET EXPORTER (2023)China$895M
TOP NET IMPORTER (2023)United States$847M

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

In 2023, the countries that had a largest trade value in exports than in imports of Candles, tapers and the like were China ($895M), Poland ($752M), Vietnam ($690M), India ($79.3M), and Dominican Republic ($46.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Candles, tapers and the like were United States ($847M), Germany ($348M), United Kingdom ($252M), Netherlands ($126M), and Austria ($104M).

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 Candles, tapers and the like.
It is possible to select the main countries that export or import Candles, tapers and the like in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Candles, tapers and the like 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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