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Inorganic colouring matter nes, including preparation

320649 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.28BRnk 1050 / 4644
2023
Top Exporter | Top Importer $562M | $292MGermany | United States
2023
Product Complexity 0.41Rnk 1822 / 4656
2022 - 2023
Export Growth (CAGR) -14.2%Rnk 3159 / 4644
2023
Share of World Trade 0.014%Rnk 1050 / 4644

About

Overview This page contains the latest trade data of Inorganic colouring matter nes, including preparation. In 2023, Inorganic colouring matter nes, including preparation were the world's 1050th most traded product, with a total trade of $3.28B. Between 2022 and 2023 the exports of Inorganic colouring matter nes, including preparation decreased by -14.2%, from $3.82B to $3.28B. Trade in Inorganic colouring matter nes, including preparation represent 0.014% of total world trade.

Inorganic colouring matter nes, including preparation are a part of Other Coloring Matter.

Exports In 2023 the top exporters of Inorganic colouring matter nes, including preparation  were Germany ($562M), United States ($469M), China ($259M), Belgium ($221M), and United Kingdom ($142M).

Imports In 2023 the top importers of Inorganic colouring matter nes, including preparation were United States ($292M), Mexico ($212M), Germany ($205M), China ($159M), and France ($138M).

Ranking Inorganic colouring matter nes, including preparation ranks 1822nd in the Product Complexity Index (PCI).

Description Inorganic colouring matter is used for food, medicine, and cosmetics. Inorganic colourings are used to modify the colour of a product, often to make it more appealing for the consumer. Inorganic colorants are used in food to make certain foods more appealing to the eye. For example, the use of inorganic colorants in food is common for candy, cereal, and chocolate. Inorganic colourants are also used in medicine, such as to color cough syrups and vitamins to make them more attractive. Inorganic colorants are also used in cosmetics,

Latest Trends

Latest Data

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The following visualization shows the latest trends on Inorganic colouring matter nes, including preparation. 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)Germany$562M
Top Destination (2023)United States$292M

In 2023 Inorganic colouring matter nes, including preparation were the world's 1050th most traded product (out of 4,644).

In 2023, the top exporters of Inorganic colouring matter nes, including preparation were Germany ($562M), United States ($469M), China ($259M), Belgium ($221M), and United Kingdom ($142M).

In 2023, the top importers of Inorganic colouring matter nes, including preparation were United States ($292M), Mexico ($212M), Germany ($205M), China ($159M), and France ($138M).

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Exporters of Inorganic colouring matter nes, including preparation (2023)
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Importers of Inorganic colouring matter nes, including preparation (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Egypt$8.37M
Top Destination Growth (2022 -  2023)Turkey$12.8M

Between 2022 and 2023, the exports of Inorganic colouring matter nes, including preparation grew the fastest in Egypt ($8.37M), Indonesia ($4.61M), Sweden ($2.86M), Singapore ($2.47M), and Uruguay ($2.44M).

Between 2022 and 2023, the fastest growing importers of Inorganic colouring matter nes, including preparation were Turkey ($12.8M), Algeria ($8.44M), Libya ($4.75M), South Korea ($3.55M), and Romania ($2.78M).

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Exporters of Inorganic colouring matter nes, including preparation (2022 - 2023)

Importers of Inorganic colouring matter nes, including preparation (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Inorganic colouring matter nes, including preparation.

In 2023, market concentration measured using Shannon Entropy, was 4.56. This means that most of the exports of Inorganic colouring matter nes, including preparation are explained by 23 countries.

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Value of Exports in Inorganic colouring matter nes, including preparation

Net Trade

TOP NET EXPORTER (2023)Germany$357M
TOP NET IMPORTER (2023)Mexico$174M

This map shows which countries export or import more of Inorganic colouring matter nes, including preparation. Each country is colored based on the difference in exports and imports of Inorganic colouring matter nes, including preparation during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Inorganic colouring matter nes, including preparation were Germany ($357M), United States ($177M), Belgium ($114M), China ($99.5M), and United Kingdom ($82.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Inorganic colouring matter nes, including preparation were Mexico ($174M), Switzerland ($84.3M), Poland ($55.6M), Czechia ($37.6M), and Indonesia ($35.3M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Inorganic colouring matter nes, including preparation 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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