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281119 (Harmonized System 1992 for 6-digit)

2022
World Trade $875MRnk 2350 / 4648
2022
Top Exporter | Top Importer $271M | $227MChina | China
2022
Product Complexity 0.53Rnk 1594 / 4653
2021 - 2022
Export Growth (CAGR) 38.2%Rnk 269 / 4648
2022
Share of World Trade 0.0037%Rnk 2350 / 4648

About

Overview This page contains the latest trade data of Inorganic acids nes. In 2022, Inorganic acids nes were the world's 2350th most traded product, with a total trade of $875M. Between 2021 and 2022 the exports of Inorganic acids nes grew by 38.2%, from $633M to $875M. Trade in Inorganic acids nes represent 0.0037% of total world trade.

Inorganic acids nes are a part of Other Inorganic Acids.

Exports In 2022 the top exporters of Inorganic acids nes  were China ($271M), Jordan ($117M), Israel ($113M), Japan ($69.5M), and Germany ($52M).

Imports In 2022 the top importers of Inorganic acids nes were China ($227M), United States ($142M), Germany ($48.1M), South Korea ($37.6M), and Brazil ($35.5M).

Ranking Inorganic acids nes ranks 1594th in the Product Complexity Index (PCI).

Description A common use of inorganic acids is to dissolve metal oxides. This is done in a process called rusting. Inorganic acids can also be used in the production of paints, dyes, paper and other products.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Inorganic acids nes. 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$271M
Top Destination (2022)China$227M

In 2022 Inorganic acids nes were the world's 2350th most traded product (out of 4,648).

In 2022, the top exporters of Inorganic acids nes were China ($271M), Jordan ($117M), Israel ($113M), Japan ($69.5M), and Germany ($52M).

In 2022, the top importers of Inorganic acids nes were China ($227M), United States ($142M), Germany ($48.1M), South Korea ($37.6M), and Brazil ($35.5M).

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Exporters of Inorganic acids nes (2022)
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Importers of Inorganic acids nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$104M
Top Destination Growth (2021 -  2022)United States$68M

Between 2021 and 2022, the exports of Inorganic acids nes grew the fastest in China ($104M), Israel ($44.8M), Jordan ($22.8M), Germany ($14.4M), and Chinese Taipei ($13.5M).

Between 2021 and 2022, the fastest growing importers of Inorganic acids nes were United States ($68M), China ($59.9M), Spain ($12.5M), Italy ($12.5M), and Israel ($7.69M).

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Exporters of Inorganic acids nes (2021 - 2022)

Importers of Inorganic acids nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Inorganic acids nes.

In 2022, market concentration measured using Shannon Entropy, was 3.57. This means that most of the exports of Inorganic acids nes are explained by 11 countries.

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Value of Exports in Inorganic acids nes

Net Trade

TOP NET EXPORTER (2022)Jordan$117M
TOP NET IMPORTER (2022)United States$106M

This map shows which countries export or import more of Inorganic acids nes. Each country is colored based on the difference in exports and imports of Inorganic acids nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Inorganic acids nes were Jordan ($117M), Israel ($98.8M), Japan ($58.7M), China ($44.5M), and Malaysia ($15.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Inorganic acids nes were United States ($106M), Brazil ($35.4M), South Korea ($30.7M), Italy ($21.2M), and Spain ($18.9M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Inorganic acids nes 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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