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292242 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.2BRnk 1406 / 4648
2022
Top Exporter | Top Importer $1.14B | $210MChina | Japan
2022
Product Complexity -0.35Rnk 3046 / 4653
2021 - 2022
Export Growth (CAGR) 34.7%Rnk 322 / 4648
2022
Share of World Trade 0.0093%Rnk 1406 / 4648

About

Overview This page contains the latest trade data of Glutamic acid, salts. In 2022, Glutamic acid, salts were the world's 1406th most traded product, with a total trade of $2.2B. Between 2021 and 2022 the exports of Glutamic acid, salts grew by 34.7%, from $1.63B to $2.2B. Trade in Glutamic acid, salts represent 0.0093% of total world trade.

Glutamic acid, salts are a part of Oxygen Amino Compounds.

Exports In 2022 the top exporters of Glutamic acid, salts  were China ($1.14B), Indonesia ($208M), Brazil ($185M), Thailand ($184M), and Vietnam ($137M).

Imports In 2022 the top importers of Glutamic acid, salts were Japan ($210M), Thailand ($175M), Vietnam ($167M), Nigeria ($167M), and Indonesia ($124M).

Ranking Glutamic acid, salts ranks 3046th in the Product Complexity Index (PCI).

Description Glutamic acid is a naturally occurring amino acid found in proteins in the human body. It is necessary for normal metabolism and is used as a food additive to make food more savory. Glutamic acid is used to make bouillon cubes, soy sauce, and parmesan cheese. It is also used as a preservative.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Glutamic acid, salts. 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 (2022)China$1.14B
Top Destination (2022)Japan$210M

In 2022 Glutamic acid, salts were the world's 1406th most traded product (out of 4,648).

In 2022, the top exporters of Glutamic acid, salts were China ($1.14B), Indonesia ($208M), Brazil ($185M), Thailand ($184M), and Vietnam ($137M).

In 2022, the top importers of Glutamic acid, salts were Japan ($210M), Thailand ($175M), Vietnam ($167M), Nigeria ($167M), and Indonesia ($124M).

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Exporters of Glutamic acid, salts (2022)
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Importers of Glutamic acid, salts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$359M
Top Destination Growth (2021 -  2022)Nigeria$60.1M

Between 2021 and 2022, the exports of Glutamic acid, salts grew the fastest in China ($359M), Brazil ($64.6M), Indonesia ($46.5M), Vietnam ($39.5M), and Thailand ($17.4M).

Between 2021 and 2022, the fastest growing importers of Glutamic acid, salts were Nigeria ($60.1M), Indonesia ($57.1M), Japan ($57.1M), Vietnam ($54.4M), and Thailand ($48.8M).

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Exporters of Glutamic acid, salts (2021 - 2022)

Importers of Glutamic acid, salts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Glutamic acid, salts.

In 2022, market concentration measured using Shannon Entropy, was 2.59. This means that most of the exports of Glutamic acid, salts are explained by 6 countries.

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Value of Exports in Glutamic acid, salts

Net Trade

TOP NET EXPORTER (2022)China$1.13B
TOP NET IMPORTER (2022)Japan$202M

This map shows which countries export or import more of Glutamic acid, salts. Each country is colored based on the difference in exports and imports of Glutamic acid, salts during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Glutamic acid, salts were China ($1.13B), Brazil ($181M), France ($131M), Indonesia ($84.1M), and Hong Kong ($12.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Glutamic acid, salts were Japan ($202M), Nigeria ($167M), Philippines ($90.9M), South Korea ($84.5M), and India ($65.5M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Glutamic acid, salts 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 (2022)

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