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281121 (Harmonized System 1992 for 6-digit)

2023
World Trade $724MRnk 2464 / 4644
2023
Top Exporter | Top Importer $120M | $52.4MNetherlands | France
2023
Product Complexity -0.77Rnk 3566 / 4656
2022 - 2023
Export Growth (CAGR) 2.25%Rnk 1309 / 4644
2023
Share of World Trade 0.0032%Rnk 2464 / 4644

About

Overview This page contains the latest trade data of Carbon dioxide. In 2023, Carbon dioxide were the world's 2464th most traded product, with a total trade of $724M. Between 2022 and 2023 the exports of Carbon dioxide grew by 2.25%, from $708M to $724M. Trade in Carbon dioxide represent 0.0032% of total world trade.

Carbon dioxide are a part of Other Inorganic Acids.

Exports In 2023 the top exporters of Carbon dioxide  were Netherlands ($120M), United States ($54.1M), China ($52.5M), Belgium ($36.7M), and Israel ($33.9M).

Imports In 2023 the top importers of Carbon dioxide were France ($52.4M), United Kingdom ($44.8M), Mexico ($41M), United States ($32.2M), and Germany ($30M).

Ranking Carbon dioxide ranks 3566th in the Product Complexity Index (PCI).

Description Carbon dioxide is commonly used as a refrigerant in a process called cryogenic refrigeration. Carbon dioxide is also used in carbonation, a process where carbon dioxide is combined with water to make carbonated water. Carbon dioxide is also used to produce other chemicals such as methanol and acetic acid.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Carbon dioxide. 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)Netherlands$120M
Top Destination (2023)France$52.4M

In 2023 Carbon dioxide were the world's 2464th most traded product (out of 4,644).

In 2023, the top exporters of Carbon dioxide were Netherlands ($120M), United States ($54.1M), China ($52.5M), Belgium ($36.7M), and Israel ($33.9M).

In 2023, the top importers of Carbon dioxide were France ($52.4M), United Kingdom ($44.8M), Mexico ($41M), United States ($32.2M), and Germany ($30M).

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Exporters of Carbon dioxide (2023)
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Importers of Carbon dioxide (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$14M
Top Destination Growth (2022 -  2023)Mexico$11.2M

Between 2022 and 2023, the exports of Carbon dioxide grew the fastest in United States ($14M), China ($12.9M), Belgium ($12.6M), Costa Rica ($5.9M), and Malaysia ($4.93M).

Between 2022 and 2023, the fastest growing importers of Carbon dioxide were Mexico ($11.2M), Italy ($9.34M), Australia ($8.84M), New Zealand ($6.99M), and Malaysia ($6.93M).

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Exporters of Carbon dioxide (2022 - 2023)

Importers of Carbon dioxide (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carbon dioxide.

In 2023, market concentration measured using Shannon Entropy, was 5.12. This means that most of the exports of Carbon dioxide are explained by 34 countries.

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Value of Exports in Carbon dioxide

Net Trade

TOP NET EXPORTER (2023)Netherlands$96.7M
TOP NET IMPORTER (2023)United Kingdom$40.6M

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

In 2023, the countries that had a largest trade value in exports than in imports of Carbon dioxide were Netherlands ($96.7M), China ($39.7M), Israel ($27.3M), United States ($21.9M), and Hungary ($18.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Carbon dioxide were United Kingdom ($40.6M), Mexico ($39.7M), France ($37.7M), Italy ($24.6M), and Switzerland ($19M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Carbon dioxide 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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