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291819 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.36BRnk 1867 / 4648
2022
Top Exporter | Top Importer $317M | $148MChina | United States
2022
Product Complexity 0.8Rnk 1104 / 4653
2021 - 2022
Export Growth (CAGR) 7.51%Rnk 1897 / 4648
2022
Share of World Trade 0.0057%Rnk 1867 / 4648

About

Overview This page contains the latest trade data of Carboxylic acids (alcohol function only), derivatives. In 2022, Carboxylic acids (alcohol function only), derivatives were the world's 1867th most traded product, with a total trade of $1.36B. Between 2021 and 2022 the exports of Carboxylic acids (alcohol function only), derivatives grew by 7.51%, from $1.26B to $1.36B. Trade in Carboxylic acids (alcohol function only), derivatives represent 0.0057% of total world trade.

Carboxylic acids (alcohol function only), derivatives are a part of Carboxylic Acids.

Exports In 2022 the top exporters of Carboxylic acids (alcohol function only), derivatives  were China ($317M), Italy ($215M), India ($140M), Japan ($111M), and United States ($76.4M).

Imports In 2022 the top importers of Carboxylic acids (alcohol function only), derivatives were United States ($148M), Germany ($137M), Italy ($126M), South Korea ($122M), and India ($109M).

Ranking Carboxylic acids (alcohol function only), derivatives ranks 1104th in the Product Complexity Index (PCI).

Description Carboxylic acids are commonly used as solvents, cleaners, and fabric softeners. Derivatives of carboxylic acids are used to make soap, solvents, detergents, and plasticizers.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carboxylic acids (alcohol function only), derivatives. 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$317M
Top Destination (2022)United States$148M

In 2022 Carboxylic acids (alcohol function only), derivatives were the world's 1867th most traded product (out of 4,648).

In 2022, the top exporters of Carboxylic acids (alcohol function only), derivatives were China ($317M), Italy ($215M), India ($140M), Japan ($111M), and United States ($76.4M).

In 2022, the top importers of Carboxylic acids (alcohol function only), derivatives were United States ($148M), Germany ($137M), Italy ($126M), South Korea ($122M), and India ($109M).

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Exporters of Carboxylic acids (alcohol function only), derivatives (2022)
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Importers of Carboxylic acids (alcohol function only), derivatives (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$42M
Top Destination Growth (2021 -  2022)Spain$13.9M

Between 2021 and 2022, the exports of Carboxylic acids (alcohol function only), derivatives grew the fastest in China ($42M), India ($32.5M), Canada ($22.6M), Netherlands ($17.9M), and Japan ($9.86M).

Between 2021 and 2022, the fastest growing importers of Carboxylic acids (alcohol function only), derivatives were Spain ($13.9M), United States ($11.2M), South Korea ($10.7M), India ($8.27M), and Belgium ($7.91M).

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Exporters of Carboxylic acids (alcohol function only), derivatives (2021 - 2022)

Importers of Carboxylic acids (alcohol function only), derivatives (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carboxylic acids (alcohol function only), derivatives.

In 2022, market concentration measured using Shannon Entropy, was 3.79. This means that most of the exports of Carboxylic acids (alcohol function only), derivatives are explained by 13 countries.

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Value of Exports in Carboxylic acids (alcohol function only), derivatives

Net Trade

TOP NET EXPORTER (2022)China$289M
TOP NET IMPORTER (2022)Germany$82.2M

This map shows which countries export or import more of Carboxylic acids (alcohol function only), derivatives. Each country is colored based on the difference in exports and imports of Carboxylic acids (alcohol function only), derivatives during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Carboxylic acids (alcohol function only), derivatives were China ($289M), Italy ($89.6M), Hungary ($49.5M), Israel ($38.9M), and Brazil ($33.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Carboxylic acids (alcohol function only), derivatives were Germany ($82.2M), South Korea ($74.8M), United States ($71.2M), Russia ($40.8M), and Spain ($38.4M).

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 Carboxylic acids (alcohol function only), derivatives.
It is possible to select the main countries that export or import Carboxylic acids (alcohol function only), derivatives in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Carboxylic acids (alcohol function only), derivatives 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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