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291614 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.37BRnk 1281 / 4644
2023
Top Exporter | Top Importer $373M | $262MSaudi Arabia | Netherlands
2023
Product Complexity 1.51Rnk 167 / 4656
2022 - 2023
Export Growth (CAGR) -21.6%Rnk 3795 / 4644
2023
Share of World Trade 0.011%Rnk 1281 / 4644

About

Overview This page contains the latest trade data of Methacrylic acid esters. In 2023, Methacrylic acid esters were the world's 1281st most traded product, with a total trade of $2.37B. Between 2022 and 2023 the exports of Methacrylic acid esters decreased by -21.6%, from $3.03B to $2.37B. Trade in Methacrylic acid esters represent 0.011% of total world trade.

Methacrylic acid esters are a part of Unsaturated Acyclic Monocarboxylic Acids.

Exports In 2023 the top exporters of Methacrylic acid esters  were Saudi Arabia ($373M), China ($293M), Japan ($249M), Germany ($238M), and United States ($181M).

Imports In 2023 the top importers of Methacrylic acid esters were Netherlands ($262M), United States ($217M), China ($169M), India ($160M), and Germany ($160M).

Ranking Methacrylic acid esters ranks 167th in the Product Complexity Index (PCI).

Description They are used in the production of lacquers, paints, and coatings.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Methacrylic acid esters. 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)Saudi Arabia$373M
Top Destination (2023)Netherlands$262M

In 2023 Methacrylic acid esters were the world's 1281st most traded product (out of 4,644).

In 2023, the top exporters of Methacrylic acid esters were Saudi Arabia ($373M), China ($293M), Japan ($249M), Germany ($238M), and United States ($181M).

In 2023, the top importers of Methacrylic acid esters were Netherlands ($262M), United States ($217M), China ($169M), India ($160M), and Germany ($160M).

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Exporters of Methacrylic acid esters (2023)
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Importers of Methacrylic acid esters (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Chinese Taipei$15.4M
Top Destination Growth (2022 -  2023)Singapore$28M

Between 2022 and 2023, the exports of Methacrylic acid esters grew the fastest in Chinese Taipei ($15.4M), Saudi Arabia ($7.22M), Malaysia ($3.06M), Austria ($2.76M), and Spain ($1.84M).

Between 2022 and 2023, the fastest growing importers of Methacrylic acid esters were Singapore ($28M), United Kingdom ($6.08M), Hong Kong ($5.55M), Slovakia ($4.89M), and Russia ($1.61M).

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Exporters of Methacrylic acid esters (2022 - 2023)

Importers of Methacrylic acid esters (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Methacrylic acid esters.

In 2023, market concentration measured using Shannon Entropy, was 3.85. This means that most of the exports of Methacrylic acid esters are explained by 14 countries.

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Value of Exports in Methacrylic acid esters

Net Trade

TOP NET EXPORTER (2023)Saudi Arabia$373M
TOP NET IMPORTER (2023)Netherlands$157M

This map shows which countries export or import more of Methacrylic acid esters. Each country is colored based on the difference in exports and imports of Methacrylic acid esters during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Methacrylic acid esters were Saudi Arabia ($373M), Japan ($214M), Thailand ($132M), China ($124M), and Singapore ($88.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Methacrylic acid esters were Netherlands ($157M), Malaysia ($144M), India ($140M), France ($113M), and Indonesia ($81.6M).

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

Top 10 Exporters Countries of Methacrylic acid esters 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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