EnzymesEnzymes; prepared enzymes not elsewhere specified or included
3507 (Harmonized System 1992 for 4-digit)
2021 World Trade: $7.48B, Rnk 434 / 1217
2021 Top Exporter | Top Importer: $1.6B | $1.16B, Denmark | United States
2021 Product Complexity: 1.07, Rnk 139 / 1024
2020 - 2021 Export Growth (CAGR): 21.8%, Rnk 579 / 1217
2018 Mean Tariff: 4.44%, Rnk 932 / 1259
2021 Share of World Trade: 0.036%, Rnk 434 / 1217
Overview This page contains the latest trade data of Enzymes. In 2021, Enzymes were the world's 434th most traded product, with a total trade of $7.48B. Between 2020 and 2021 the exports of Enzymes grew by 21.8%, from $6.14B to $7.48B. Trade in Enzymes represent 0.036% 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 2021 the top exporters of Enzymes were Denmark ($1.6B), United States ($1.07B), Germany ($748M), Netherlands ($600M), and China ($538M).
Imports In 2021 the top importers of Enzymes were United States ($1.16B), Germany ($691M), Netherlands ($575M), China ($389M), and France ($259M).
Tariffs In 2018 the average tariff for Enzymes was 4.44%, making it the 932nd lowest tariff using the HS4 product classification.
Ranking Enzymes ranks 139th 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.
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.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2021): Denmark, $1.6B
Top Destination (2021): United States, $1.16B
Enzymes are the world's 434th most traded product.
In 2021, the top exporters of Enzymes were Denmark ($1.6B), United States ($1.07B), Germany ($748M), Netherlands ($600M), and China ($538M).
In 2021, the top importers of Enzymes were United States ($1.16B), Germany ($691M), Netherlands ($575M), China ($389M), and France ($259M).
Trade by country
Top Origin Growth (2020 - 2021): United States, $286M
Top Destination Growth (2020 - 2021): Germany, $221M
Between 2020 and 2021, the exports of Enzymes grew the fastest in United States ($286M), Lithuania ($246M), Denmark ($170M), Germany ($154M), and China ($107M).
Between 2020 and 2021, the fastest growing importers of Enzymes were Germany ($221M), United States ($135M), China ($118M), Switzerland ($117M), and Russia ($52.8M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Enzymes.
In 2021, market concentration measured using Shannon Entropy, was 3.97. This means that most of the exports of Enzymes are explained by 15 countries.
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 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Enzymes were Denmark ($1.38B), Lithuania ($366M), Finland ($276M), Japan ($188M), and China ($149M).
In 2021, the countries that had a largest trade value in imports than in exports of Enzymes were Russia ($181M), Brazil ($175M), Canada ($131M), Spain ($131M), and Poland ($107M).
In 2021, the world most traded Enzymes, disaggragated by their HS6 level were Enzymes nes, prepared enzymes nes, except... ($7.33B) and Rennet and concentrates thereof ($149M)
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.
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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