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290722 (Harmonized System 1992 for 6-digit)

2023
World Trade $239MRnk 3528 / 4644
2023
Top Exporter | Top Importer $74M | $37.1MUnited States | India
2023
Product Complexity 0.65Rnk 1377 / 4656
2022 - 2023
Export Growth (CAGR) -25.3%Rnk 4026 / 4644
2023
Share of World Trade 0.0011%Rnk 3528 / 4644

About

Overview This page contains the latest trade data of Hydroquinone (quinol), salts. In 2023, Hydroquinone (quinol), salts were the world's 3528th most traded product, with a total trade of $239M. Between 2022 and 2023 the exports of Hydroquinone (quinol), salts decreased by -25.3%, from $320M to $239M. Trade in Hydroquinone (quinol), salts represent 0.0011% of total world trade.

Hydroquinone (quinol), salts are a part of Phenols.

Exports In 2023 the top exporters of Hydroquinone (quinol), salts  were United States ($74M), Japan ($47M), France ($29.7M), China ($29.3M), and India ($20.3M).

Imports In 2023 the top importers of Hydroquinone (quinol), salts were India ($37.1M), China ($29.8M), United Kingdom ($21.9M), Cote d'Ivoire ($18.3M), and South Korea ($17.8M).

Ranking Hydroquinone (quinol), salts ranks 1377th in the Product Complexity Index (PCI).

Description Hydroquinone is the most common chemical used in the bleaching of textile fibers. It is also used as a photographic developer, and as a component in producing some antimalarial drugs. Salts of hydroquinone are used in various industries, including in the production of plastics, dyes, and perfumes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hydroquinone (quinol), 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 (2023)United States$74M
Top Destination (2023)India$37.1M

In 2023 Hydroquinone (quinol), salts were the world's 3528th most traded product (out of 4,644).

In 2023, the top exporters of Hydroquinone (quinol), salts were United States ($74M), Japan ($47M), France ($29.7M), China ($29.3M), and India ($20.3M).

In 2023, the top importers of Hydroquinone (quinol), salts were India ($37.1M), China ($29.8M), United Kingdom ($21.9M), Cote d'Ivoire ($18.3M), and South Korea ($17.8M).

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Exporters of Hydroquinone (quinol), salts (2023)
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Importers of Hydroquinone (quinol), salts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$7.24M
Top Destination Growth (2022 -  2023)South Africa$1.66M

Between 2022 and 2023, the exports of Hydroquinone (quinol), salts grew the fastest in Japan ($7.24M), India ($2.78M), Togo ($378k), Laos ($201k), and Singapore ($117k).

Between 2022 and 2023, the fastest growing importers of Hydroquinone (quinol), salts were South Africa ($1.66M), Nigeria ($1.08M), Japan ($901k), Indonesia ($850k), and Saudi Arabia ($616k).

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Exporters of Hydroquinone (quinol), salts (2022 - 2023)

Importers of Hydroquinone (quinol), salts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hydroquinone (quinol), salts.

In 2023, market concentration measured using Shannon Entropy, was 2.88. This means that most of the exports of Hydroquinone (quinol), salts are explained by 7 countries.

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Value of Exports in Hydroquinone (quinol), salts

Net Trade

TOP NET EXPORTER (2023)United States$72.9M
TOP NET IMPORTER (2023)United Kingdom$21.5M

This map shows which countries export or import more of Hydroquinone (quinol), salts. Each country is colored based on the difference in exports and imports of Hydroquinone (quinol), salts during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Hydroquinone (quinol), salts were United States ($72.9M), Japan ($44.5M), France ($26.8M), Italy ($10.4M), and Laos ($201k).

In 2023, the countries that had a largest trade value in imports than in exports of Hydroquinone (quinol), salts were United Kingdom ($21.5M), South Korea ($17.8M), India ($16.8M), Poland ($8.45M), and Chinese Taipei ($6.55M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Hydroquinone (quinol), 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 (2023)

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