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291814 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.38BRnk 1278 / 4644
2023
Top Exporter | Top Importer $1.1B | $429MChina | United States
2023
Product Complexity 0.35Rnk 1939 / 4656
2022 - 2023
Export Growth (CAGR) -36.6%Rnk 4398 / 4644
2023
Share of World Trade 0.011%Rnk 1278 / 4644

About

Overview This page contains the latest trade data of Citric acid. In 2023, Citric acid were the world's 1278th most traded product, with a total trade of $2.38B. Between 2022 and 2023 the exports of Citric acid decreased by -36.6%, from $3.76B to $2.38B. Trade in Citric acid represent 0.011% of total world trade.

Citric acid are a part of Carboxylic Acids.

Exports In 2023 the top exporters of Citric acid  were China ($1.1B), Austria ($303M), Thailand ($225M), Canada ($193M), and Belgium ($150M).

Imports In 2023 the top importers of Citric acid were United States ($429M), Germany ($206M), India ($112M), Netherlands ($100M), and Mexico ($96.4M).

Ranking Citric acid ranks 1939th in the Product Complexity Index (PCI).

Description Citric acid is most commonly used as an acidulant in the manufacturing of foods and beverages, and as an acidity regulator in the production of cosmetics. Citric acid is also used as a preservative in many products, as it is an antimicrobial agent. Citric acid is also a buffering agent, which helps to maintain a pH balance in liquids.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Citric acid. 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$1.1B
Top Destination (2023)United States$429M

In 2023 Citric acid were the world's 1278th most traded product (out of 4,644).

In 2023, the top exporters of Citric acid were China ($1.1B), Austria ($303M), Thailand ($225M), Canada ($193M), and Belgium ($150M).

In 2023, the top importers of Citric acid were United States ($429M), Germany ($206M), India ($112M), Netherlands ($100M), and Mexico ($96.4M).

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Exporters of Citric acid (2023)
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Importers of Citric acid (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$46M
Top Destination Growth (2022 -  2023)United States$23.3M

Between 2022 and 2023, the exports of Citric acid grew the fastest in Canada ($46M), Colombia ($7.31M), United States ($3.78M), Malaysia ($3.09M), and Ireland ($2.27M).

Between 2022 and 2023, the fastest growing importers of Citric acid were United States ($23.3M), Guatemala ($9.69M), Ireland ($6.64M), France ($4.59M), and Thailand ($1.57M).

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Exporters of Citric acid (2022 - 2023)

Importers of Citric acid (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Citric acid.

In 2023, market concentration measured using Shannon Entropy, was 2.92. This means that most of the exports of Citric acid are explained by 7 countries.

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Value of Exports in Citric acid

Net Trade

TOP NET EXPORTER (2023)China$1.1B
TOP NET IMPORTER (2023)United States$387M

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

In 2023, the countries that had a largest trade value in exports than in imports of Citric acid were China ($1.1B), Austria ($272M), Thailand ($221M), Canada ($163M), and Belgium ($110M).

In 2023, the countries that had a largest trade value in imports than in exports of Citric acid were United States ($387M), Germany ($129M), India ($102M), Mexico ($94.9M), and France ($79.8M).

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 Citric acid.
It is possible to select the main countries that export or import Citric acid in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Citric acid 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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