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291830 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.28BRnk 1837 / 4644
2023
Top Exporter | Top Importer $361M | $267MChina | United Arab Emirates
2023
Product Complexity 1.19Rnk 492 / 4656
2022 - 2023
Export Growth (CAGR) -15.7%Rnk 3297 / 4644
2023
Share of World Trade 0.0057%Rnk 1837 / 4644

About

Overview This page contains the latest trade data of Carboxylic acids (aldehyde, ketone function), derivs. In 2023, Carboxylic acids (aldehyde, ketone function), derivs were the world's 1837th most traded product, with a total trade of $1.28B. Between 2022 and 2023 the exports of Carboxylic acids (aldehyde, ketone function), derivs decreased by -15.7%, from $1.52B to $1.28B. Trade in Carboxylic acids (aldehyde, ketone function), derivs represent 0.0057% of total world trade.

Carboxylic acids (aldehyde, ketone function), derivs are a part of Carboxylic Acids.

Exports In 2023 the top exporters of Carboxylic acids (aldehyde, ketone function), derivs  were China ($361M), Singapore ($269M), India ($100M), Switzerland ($72.3M), and United States ($68.4M).

Imports In 2023 the top importers of Carboxylic acids (aldehyde, ketone function), derivs were United Arab Emirates ($267M), Japan ($98.4M), India ($96.7M), Germany ($95.1M), and France ($67.1M).

Ranking Carboxylic acids (aldehyde, ketone function), derivs ranks 492nd in the Product Complexity Index (PCI).

Description Carboxylic acids and its derivatives are used in the production of many materials such as plastics, paints and other solids, fuels, and plastics.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carboxylic acids (aldehyde, ketone function), derivs. 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$361M
Top Destination (2023)United Arab Emirates$267M

In 2023 Carboxylic acids (aldehyde, ketone function), derivs were the world's 1837th most traded product (out of 4,644).

In 2023, the top exporters of Carboxylic acids (aldehyde, ketone function), derivs were China ($361M), Singapore ($269M), India ($100M), Switzerland ($72.3M), and United States ($68.4M).

In 2023, the top importers of Carboxylic acids (aldehyde, ketone function), derivs were United Arab Emirates ($267M), Japan ($98.4M), India ($96.7M), Germany ($95.1M), and France ($67.1M).

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Exporters of Carboxylic acids (aldehyde, ketone function), derivs (2023)
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Importers of Carboxylic acids (aldehyde, ketone function), derivs (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Arab Emirates$44.3M
Top Destination Growth (2022 -  2023)Hong Kong$29.3M

Between 2022 and 2023, the exports of Carboxylic acids (aldehyde, ketone function), derivs grew the fastest in United Arab Emirates ($44.3M), Luxembourg ($10.5M), Poland ($6.67M), Austria ($6.53M), and South Korea ($4.99M).

Between 2022 and 2023, the fastest growing importers of Carboxylic acids (aldehyde, ketone function), derivs were Hong Kong ($29.3M), Germany ($11.8M), Italy ($10.2M), Luxembourg ($8.58M), and India ($6.13M).

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Exporters of Carboxylic acids (aldehyde, ketone function), derivs (2022 - 2023)

Importers of Carboxylic acids (aldehyde, ketone function), derivs (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carboxylic acids (aldehyde, ketone function), derivs.

In 2023, market concentration measured using Shannon Entropy, was 3.44. This means that most of the exports of Carboxylic acids (aldehyde, ketone function), derivs are explained by 10 countries.

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Value of Exports in Carboxylic acids (aldehyde, ketone function), derivs

Net Trade

TOP NET EXPORTER (2023)China$323M
TOP NET IMPORTER (2023)United Arab Emirates$209M

This map shows which countries export or import more of Carboxylic acids (aldehyde, ketone function), derivs. Each country is colored based on the difference in exports and imports of Carboxylic acids (aldehyde, ketone function), derivs during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Carboxylic acids (aldehyde, ketone function), derivs were China ($323M), Singapore ($230M), South Korea ($23.6M), Switzerland ($18.7M), and United States ($9.14M).

In 2023, the countries that had a largest trade value in imports than in exports of Carboxylic acids (aldehyde, ketone function), derivs were United Arab Emirates ($209M), Japan ($57.8M), Brazil ($46.3M), Germany ($39.1M), and Turkey ($39M).

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

Top 10 Exporters Countries of Carboxylic acids (aldehyde, ketone function), derivs 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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