Chemical products n.e.s.38 (Harmonized System 1992 for 2-digit)
2021 World Trade: $265B, Rnk 14 / 96
2021 Top Exporter | Top Importer: $37.5B | $20.8B, United States | Germany
2021 Product Complexity: 0.84, Rnk 23 / 96
2020 - 2021 Export Growth (CAGR): 23.8%, Rnk 40 / 96
2018 Mean Tariff: 5.86%, Rnk 74 / 96
2021 Share of World Trade: 1.26%, Rnk 14 / 96
Overview This page contains the latest trade data of Chemical products n.e.s.. In 2021, Chemical products n.e.s. were the world's 14th most traded product, with a total trade of $265B. Between 2020 and 2021 the exports of Chemical products n.e.s. grew by 23.8%, from $214B to $265B. Trade in Chemical products n.e.s. represent 1.26% of total world trade.
Chemical products n.e.s. are a part of Chemical Products. They include Chemical products n.e.s..
Exports In 2021 the top exporters of Chemical products n.e.s. were United States ($37.5B), Germany ($31.4B), China ($31.3B), Netherlands ($16.7B), and Japan ($15.5B).
Imports In 2021 the top importers of Chemical products n.e.s. were Germany ($20.8B), United States ($20.4B), China ($17.2B), Netherlands ($16.6B), and France ($10.4B).
Tariffs In 2018 the average tariff for Chemical products n.e.s. was 5.86%, making it the 74th lowest tariff using the HS2 product classification.
Ranking Chemical products n.e.s. ranks 23rd in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Chemical products n.e.s.. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2021): United States, $37.5B
Top Destination (2021): Germany, $20.8B
Chemical products n.e.s. are the world's 14th most traded product.
In 2021, the top exporters of Chemical products n.e.s. were United States ($37.5B), Germany ($31.4B), China ($31.3B), Netherlands ($16.7B), and Japan ($15.5B).
In 2021, the top importers of Chemical products n.e.s. were Germany ($20.8B), United States ($20.4B), China ($17.2B), Netherlands ($16.6B), and France ($10.4B).
Trade by country
Top Origin Growth (2020 - 2021): China, $6.95B
Top Destination Growth (2020 - 2021): Netherlands, $5.56B
Between 2020 and 2021, the exports of Chemical products n.e.s. grew the fastest in China ($6.95B), Germany ($5.74B), United States ($5.03B), Netherlands ($4.87B), and Japan ($2.83B).
Between 2020 and 2021, the fastest growing importers of Chemical products n.e.s. were Netherlands ($5.56B), Germany ($4.46B), United States ($3.61B), China ($3.06B), and Belgium ($2.96B).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Chemical products n.e.s..
In 2021, market concentration measured using Shannon Entropy, was 4.68. This means that most of the exports of Chemical products n.e.s. are explained by 25 countries.
TOP NET EXPORTER (2021): United States, $17.2B
TOP NET IMPORTER (2021): Brazil, $5.56B
This map shows which countries export or import more of Chemical products n.e.s.. Each country is colored based on the difference in exports and imports of Chemical products n.e.s. during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Chemical products n.e.s. were United States ($17.2B), China ($14.1B), Germany ($10.6B), Japan ($8.43B), and France ($4.19B).
In 2021, the countries that had a largest trade value in imports than in exports of Chemical products n.e.s. were Brazil ($5.56B), Mexico ($5.55B), Vietnam ($2.86B), Canada ($2.63B), and Russia ($2.49B).
In 2021, the world most traded Chemical products n.e.s., disaggragated by their HS6 level were Chemical products n.e.s. ($265B)
This visualization shows the countries that have an important ratio of their trade related to Chemical products n.e.s.. It is possible to select the main countries that export or import Chemical products n.e.s. in the world, or by continent, as well as select the measure of interest.
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.
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