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292090 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.61BRnk 1618 / 4644
2023
Top Exporter | Top Importer $473M | $214MChina | United States
2023
Product Complexity 1.47Rnk 195 / 4656
2022 - 2023
Export Growth (CAGR) -30.2%Rnk 4233 / 4644
2023
Share of World Trade 0.0071%Rnk 1618 / 4644

About

Overview This page contains the latest trade data of Esters of inorganic acids, nes, their salts, derivs. In 2023, Esters of inorganic acids, nes, their salts, derivs were the world's 1618th most traded product, with a total trade of $1.61B. Between 2022 and 2023 the exports of Esters of inorganic acids, nes, their salts, derivs decreased by -30.2%, from $2.31B to $1.61B. Trade in Esters of inorganic acids, nes, their salts, derivs represent 0.0071% of total world trade.

Esters of inorganic acids, nes, their salts, derivs are a part of Other Esters.

Exports In 2023 the top exporters of Esters of inorganic acids, nes, their salts, derivs  were China ($473M), Germany ($270M), United States ($136M), South Korea ($111M), and India ($102M).

Imports In 2023 the top importers of Esters of inorganic acids, nes, their salts, derivs were United States ($214M), China ($132M), India ($96.7M), South Korea ($93.7M), and France ($78.9M).

Ranking Esters of inorganic acids, nes, their salts, derivs ranks 195th in the Product Complexity Index (PCI).

Description Esters of inorganic acids, their salts, and derivatives are typically used in various products. For example, they can be used in paints, perfumes, and solvents.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Esters of inorganic acids, nes, their salts, derivs. 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$473M
Top Destination (2023)United States$214M

In 2023 Esters of inorganic acids, nes, their salts, derivs were the world's 1618th most traded product (out of 4,644).

In 2023, the top exporters of Esters of inorganic acids, nes, their salts, derivs were China ($473M), Germany ($270M), United States ($136M), South Korea ($111M), and India ($102M).

In 2023, the top importers of Esters of inorganic acids, nes, their salts, derivs were United States ($214M), China ($132M), India ($96.7M), South Korea ($93.7M), and France ($78.9M).

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Exporters of Esters of inorganic acids, nes, their salts, derivs (2023)
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Importers of Esters of inorganic acids, nes, their salts, derivs (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Indonesia$9.07M
Top Destination Growth (2022 -  2023)Vietnam$6.75M

Between 2022 and 2023, the exports of Esters of inorganic acids, nes, their salts, derivs grew the fastest in Indonesia ($9.07M), Italy ($6.1M), Sweden ($3.4M), Ireland ($1.89M), and Russia ($1.11M).

Between 2022 and 2023, the fastest growing importers of Esters of inorganic acids, nes, their salts, derivs were Vietnam ($6.75M), Hungary ($2.89M), Serbia ($740k), Bangladesh ($723k), and Morocco ($591k).

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Exporters of Esters of inorganic acids, nes, their salts, derivs (2022 - 2023)

Importers of Esters of inorganic acids, nes, their salts, derivs (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Esters of inorganic acids, nes, their salts, derivs.

In 2023, market concentration measured using Shannon Entropy, was 3.59. This means that most of the exports of Esters of inorganic acids, nes, their salts, derivs are explained by 12 countries.

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Value of Exports in Esters of inorganic acids, nes, their salts, derivs

Net Trade

TOP NET EXPORTER (2023)China$341M
TOP NET IMPORTER (2023)United States$77.3M

This map shows which countries export or import more of Esters of inorganic acids, nes, their salts, derivs. Each country is colored based on the difference in exports and imports of Esters of inorganic acids, nes, their salts, derivs during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Esters of inorganic acids, nes, their salts, derivs were China ($341M), Germany ($193M), Belgium ($31.7M), Chinese Taipei ($30.7M), and South Korea ($17.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Esters of inorganic acids, nes, their salts, derivs were United States ($77.3M), Brazil ($55.1M), Canada ($45.6M), Netherlands ($40.5M), and United Kingdom ($39.5M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Esters of inorganic acids, nes, their salts, derivs 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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