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293229 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.12BRnk 1375 / 4644
2023
Top Exporter | Top Importer $934M | $340MChina | United States
2023
Product Complexity 1.46Rnk 206 / 4656
2022 - 2023
Export Growth (CAGR) -17.2%Rnk 3447 / 4644
2023
Share of World Trade 0.0094%Rnk 1375 / 4644

About

Overview This page contains the latest trade data of Lactones, other than coumarins. In 2023, Lactones, other than coumarins were the world's 1375th most traded product, with a total trade of $2.12B. Between 2022 and 2023 the exports of Lactones, other than coumarins decreased by -17.2%, from $2.56B to $2.12B. Trade in Lactones, other than coumarins represent 0.0094% of total world trade.

Lactones, other than coumarins are a part of Oxygen Heterocyclic Compounds.

Exports In 2023 the top exporters of Lactones, other than coumarins  were China ($934M), United States ($180M), Germany ($151M), India ($148M), and United Kingdom ($90.9M).

Imports In 2023 the top importers of Lactones, other than coumarins were United States ($340M), Brazil ($184M), Germany ($165M), United Kingdom ($145M), and Spain ($128M).

Ranking Lactones, other than coumarins ranks 206th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Lactones, other than coumarins. 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)China$934M
Top Destination (2023)United States$340M

In 2023 Lactones, other than coumarins were the world's 1375th most traded product (out of 4,644).

In 2023, the top exporters of Lactones, other than coumarins were China ($934M), United States ($180M), Germany ($151M), India ($148M), and United Kingdom ($90.9M).

In 2023, the top importers of Lactones, other than coumarins were United States ($340M), Brazil ($184M), Germany ($165M), United Kingdom ($145M), and Spain ($128M).

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Exporters of Lactones, other than coumarins (2023)
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Importers of Lactones, other than coumarins (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$49.6M
Top Destination Growth (2022 -  2023)Italy$15.6M

Between 2022 and 2023, the exports of Lactones, other than coumarins grew the fastest in Netherlands ($49.6M), Hungary ($20.5M), Germany ($16.9M), Mexico ($13.4M), and Singapore ($2.16M).

Between 2022 and 2023, the fastest growing importers of Lactones, other than coumarins were Italy ($15.6M), Ireland ($14.2M), Spain ($13.3M), Vietnam ($11.5M), and Guatemala ($9.15M).

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Exporters of Lactones, other than coumarins (2022 - 2023)

Importers of Lactones, other than coumarins (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Lactones, other than coumarins.

In 2023, market concentration measured using Shannon Entropy, was 3.22. This means that most of the exports of Lactones, other than coumarins are explained by 9 countries.

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Value of Exports in Lactones, other than coumarins

Net Trade

TOP NET EXPORTER (2023)China$892M
TOP NET IMPORTER (2023)Brazil$182M

This map shows which countries export or import more of Lactones, other than coumarins. Each country is colored based on the difference in exports and imports of Lactones, other than coumarins during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Lactones, other than coumarins were China ($892M), Ireland ($54.1M), India ($48.6M), Netherlands ($28.2M), and Hungary ($27.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Lactones, other than coumarins were Brazil ($182M), United States ($160M), Singapore ($112M), Spain ($102M), and United Kingdom ($53.7M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Lactones, other than coumarins 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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