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2851 (Harmonized System 1992 for 4-digit)

2022
World Trade $1.13BRnk 919 / 1218
2022
Top Exporter | Top Importer $319M | $394MChina | Japan
2022
Product Complexity 1.49Rnk 48 / 1033
2021 - 2022
Export Growth (CAGR) -16.2%Rnk 1160 / 1218
2022
Share of World Trade 0.0048%Rnk 919 / 1218

About

Overview This page contains the latest trade data of Inorganic Compounds. In 2022, Inorganic Compounds were the world's 919th most traded product, with a total trade of $1.13B. Between 2021 and 2022 the exports of Inorganic Compounds decreased by -16.2%, from $1.35B to $1.13B. Trade in Inorganic Compounds represent 0.0048% of total world trade.

Inorganic Compounds are a part of Inorganic chemicals. They include Inorganic compounds,liquid/compressed air,amalgams ne.

Exports In 2022 the top exporters of Inorganic Compounds  were China ($319M), Japan ($175M), United States ($139M), Germany ($80.9M), and Canada ($74.3M).

Imports In 2022 the top importers of Inorganic Compounds were Japan ($394M), China ($137M), United States ($76.5M), Chinese Taipei ($72.9M), and South Korea ($68.4M).

Ranking Inorganic Compounds ranks 48th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Inorganic Compounds. 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$319M
Top Destination (2022)Japan$394M

In 2022 Inorganic Compounds were the world's 919th most traded product (out of 1,218).

In 2022, the top exporters of Inorganic Compounds were China ($319M), Japan ($175M), United States ($139M), Germany ($80.9M), and Canada ($74.3M).

In 2022, the top importers of Inorganic Compounds were Japan ($394M), China ($137M), United States ($76.5M), Chinese Taipei ($72.9M), and South Korea ($68.4M).

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Exporters of Inorganic Compounds (2022)
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Importers of Inorganic Compounds (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$44.7M
Top Destination Growth (2021 -  2022)Japan$180M

Between 2021 and 2022, the exports of Inorganic Compounds grew the fastest in China ($44.7M), Malaysia ($22.5M), Poland ($15.6M), Thailand ($12.5M), and Russia ($11.5M).

Between 2021 and 2022, the fastest growing importers of Inorganic Compounds were Japan ($180M), China ($79.5M), Singapore ($6.85M), Belgium ($6.24M), and Malaysia ($4.81M).

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Exporters of Inorganic Compounds (2021 - 2022)

Importers of Inorganic Compounds (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Inorganic Compounds.

In 2022, market concentration measured using Shannon Entropy, was 3.74. This means that most of the exports of Inorganic Compounds are explained by 13 countries.

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Value of Exports in Inorganic Compounds

Net Trade

TOP NET EXPORTER (2022)China$181M
TOP NET IMPORTER (2022)Japan$219M

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

In 2022, the countries that had a largest trade value in exports than in imports of Inorganic Compounds were China ($181M), United States ($62.9M), Canada ($53.2M), Germany ($43.6M), and Malaysia ($25.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Inorganic Compounds were Japan ($219M), Chinese Taipei ($64.3M), South Korea ($27.7M), Philippines ($25.7M), and Singapore ($22.4M).

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 Inorganic Compounds.
It is possible to select the main countries that export or import Inorganic Compounds in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Inorganic Compounds by percentage of total exports

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Inorganic Compounds’s highest export potential is N/A. With an export gap of N/A.  Inorganic Compounds’s highest import potential is N/A with an import gap of N/A.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Inorganic Compounds to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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