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Enzymes; prepared enzymes not elsewhere specified or included

3507 (Harmonized System 1992 for 4-digit)

2023
World Trade $6.99BRnk 455 / 1217
2023
Top Exporter | Top Importer $1.65B | $991MDenmark | United States
2023
Product Complexity 1.04Rnk 165 / 1044
2022 - 2023
Export Growth (CAGR) -1.33%Rnk 456 / 1217
2023
Share of World Trade 0.031%Rnk 455 / 1217

About

Overview This page contains the latest trade data of Enzymes. In 2023, Enzymes were the world's 455th most traded product, with a total trade of $6.99B. Between 2022 and 2023 the exports of Enzymes decreased by -1.33%, from $7.08B to $6.99B. Trade in Enzymes represent 0.031% of total world trade.

Enzymes are a part of Glues, starches, & albuminoid products. They include Enzymes nes, prepared enzymes nes, except rennet and Rennet and concentrates thereof.

Exports In 2023 the top exporters of Enzymes  were Denmark ($1.65B), United States ($1.01B), China ($625M), Germany ($490M), and Finland ($478M).

Imports In 2023 the top importers of Enzymes were United States ($991M), Netherlands ($576M), Germany ($451M), China ($307M), and France ($288M).

Ranking Enzymes ranks 165th in the Product Complexity Index (PCI).

Description Enzymes are proteins that act as catalysts to speed up the rate of chemical reactions. They are commonly used in food production to help break down starch and protein molecules into smaller molecules. They are also used in laundry detergents to break down dirt and stains.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Enzymes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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)Denmark$1.65B
Top Destination (2023)United States$991M

In 2023 Enzymes were the world's 455th most traded product (out of 1,217).

In 2023, the top exporters of Enzymes were Denmark ($1.65B), United States ($1.01B), China ($625M), Germany ($490M), and Finland ($478M).

In 2023, the top importers of Enzymes were United States ($991M), Netherlands ($576M), Germany ($451M), China ($307M), and France ($288M).

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Exporters of Enzymes (2023)
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Importers of Enzymes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Denmark$65.1M
Top Destination Growth (2022 -  2023)Switzerland$72M

Between 2022 and 2023, the exports of Enzymes grew the fastest in Denmark ($65.1M), United States ($48.1M), Switzerland ($44.9M), Netherlands ($25.3M), and Belgium ($15M).

Between 2022 and 2023, the fastest growing importers of Enzymes were Switzerland ($72M), Netherlands ($70.2M), South Korea ($47.5M), France ($27.5M), and Thailand ($26.7M).

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Exporters of Enzymes (2022 - 2023)

Importers of Enzymes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Enzymes.

In 2023, market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Enzymes are explained by 15 countries.

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Value of Exports in Enzymes

Net Trade

TOP NET EXPORTER (2023)Denmark$1.44B
TOP NET IMPORTER (2023)Brazil$205M

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

In 2023, the countries that had a largest trade value in exports than in imports of Enzymes were Denmark ($1.44B), Finland ($428M), China ($318M), Japan ($196M), and Belgium ($150M).

In 2023, the countries that had a largest trade value in imports than in exports of Enzymes were Brazil ($205M), Netherlands ($193M), South Korea ($134M), Russia ($125M), and Canada ($124M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Enzymes, disaggragated by their HS6 level were Enzymes nes, prepared enzymes nes, except... ($6.83B) and Rennet and concentrates thereof ($158M)

HS6 Disaggregation for Enzymes (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Enzymes.
It is possible to select the main countries that export or import Enzymes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Enzymes by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $21M
TOP IMPORT POTENTIALGermany+ $4.9M

Enzymes’s highest export potential is Germany. With an export gap of $21M.  Enzymes’s highest import potential is Germany with an import gap of $4.9M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Enzymes.

Country by Relatedness

The following visualization shows the relatedness of Enzymes to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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