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382390 (Harmonized System 1992 for 6-digit)

2023
World Trade $90.8BRnk 30 / 4644
2023
Top Exporter | Top Importer $14.7B | $11.1BChina | United States
2023
Product Complexity 0.81Rnk 1100 / 4656
2022 - 2023
Export Growth (CAGR) -3.37%Rnk 1898 / 4644
2023
Share of World Trade 0.4%Rnk 30 / 4644

About

Overview This page contains the latest trade data of Chemical industry products, preparations, mixtures ne. In 2023, Chemical industry products, preparations, mixtures ne were the world's 30th most traded product, with a total trade of $90.8B. Between 2022 and 2023 the exports of Chemical industry products, preparations, mixtures ne decreased by -3.37%, from $94B to $90.8B. Trade in Chemical industry products, preparations, mixtures ne represent 0.4% of total world trade.

Chemical industry products, preparations, mixtures ne are a part of Industrial Fatty Acids, Oils and Alcohols.

Exports In 2023 the top exporters of Chemical industry products, preparations, mixtures ne  were China ($14.7B), Germany ($9.8B), United States ($9.14B), South Korea ($8.27B), and Netherlands ($7.18B).

Imports In 2023 the top importers of Chemical industry products, preparations, mixtures ne were United States ($11.1B), Netherlands ($10.1B), China ($5.92B), Germany ($5.67B), and France ($4.64B).

Ranking Chemical industry products, preparations, mixtures ne ranks 1100th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Chemical industry products, preparations, mixtures ne. 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$14.7B
Top Destination (2023)United States$11.1B

In 2023 Chemical industry products, preparations, mixtures ne were the world's 30th most traded product (out of 4,644).

In 2023, the top exporters of Chemical industry products, preparations, mixtures ne were China ($14.7B), Germany ($9.8B), United States ($9.14B), South Korea ($8.27B), and Netherlands ($7.18B).

In 2023, the top importers of Chemical industry products, preparations, mixtures ne were United States ($11.1B), Netherlands ($10.1B), China ($5.92B), Germany ($5.67B), and France ($4.64B).

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Exporters of Chemical industry products, preparations, mixtures ne (2023)
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Importers of Chemical industry products, preparations, mixtures ne (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Korea$4.39B
Top Destination Growth (2022 -  2023)United States$4.13B

Between 2022 and 2023, the exports of Chemical industry products, preparations, mixtures ne grew the fastest in South Korea ($4.39B), China ($2.47B), Ireland ($637M), Hong Kong ($127M), and Canada ($107M).

Between 2022 and 2023, the fastest growing importers of Chemical industry products, preparations, mixtures ne were United States ($4.13B), Hungary ($1.47B), Mexico ($366M), Thailand ($193M), and India ($139M).

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Exporters of Chemical industry products, preparations, mixtures ne (2022 - 2023)

Importers of Chemical industry products, preparations, mixtures ne (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Chemical industry products, preparations, mixtures ne.

In 2023, market concentration measured using Shannon Entropy, was 4.41. This means that most of the exports of Chemical industry products, preparations, mixtures ne are explained by 21 countries.

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Value of Exports in Chemical industry products, preparations, mixtures ne

Net Trade

TOP NET EXPORTER (2023)China$8.73B
TOP NET IMPORTER (2023)Hungary$3.61B

This map shows which countries export or import more of Chemical industry products, preparations, mixtures ne. Each country is colored based on the difference in exports and imports of Chemical industry products, preparations, mixtures ne during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Chemical industry products, preparations, mixtures ne were China ($8.73B), South Korea ($5.82B), Japan ($4.25B), Germany ($4.12B), and Ireland ($2.86B).

In 2023, the countries that had a largest trade value in imports than in exports of Chemical industry products, preparations, mixtures ne were Hungary ($3.61B), Netherlands ($2.89B), United Kingdom ($2.48B), Mexico ($2.25B), and France ($2.04B).

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 Chemical industry products, preparations, mixtures ne.
It is possible to select the main countries that export or import Chemical industry products, preparations, mixtures ne in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Chemical industry products, preparations, mixtures ne 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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