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Mixed odoriferous substances - food & drink industrie

330210 (Harmonized System 1992 for 6-digit)

2023
World Trade $20.6BRnk 160 / 4644
2023
Top Exporter | Top Importer $10.1B | $3.85BIreland | United States
2023
Product Complexity -0.27Rnk 2938 / 4656
2022 - 2023
Export Growth (CAGR) -0.078%Rnk 1563 / 4644
2023
Share of World Trade 0.091%Rnk 160 / 4644

About

Overview This page contains the latest trade data of Mixed odoriferous substances - food & drink industrie. In 2023, Mixed odoriferous substances - food & drink industrie were the world's 160th most traded product, with a total trade of $20.6B. Between 2022 and 2023 the exports of Mixed odoriferous substances - food & drink industrie decreased by -0.078%, from $20.6B to $20.6B. Trade in Mixed odoriferous substances - food & drink industrie represent 0.091% of total world trade.

Mixed odoriferous substances - food & drink industrie are a part of Scented Mixtures.

Exports In 2023 the top exporters of Mixed odoriferous substances - food & drink industrie  were Ireland ($10.1B), United States ($1.55B), Germany ($1.33B), Singapore ($1.02B), and France ($969M).

Imports In 2023 the top importers of Mixed odoriferous substances - food & drink industrie were United States ($3.85B), Mexico ($1.41B), France ($1.16B), United Kingdom ($1.02B), and Germany ($728M).

Ranking Mixed odoriferous substances - food & drink industrie ranks 2938th in the Product Complexity Index (PCI).

Description Mixed odoriferous substances are used in a variety of ways in the food and drink industry. These substances are often mixed with other substances to create unique flavors. They are also used in the production of food and drink items, such as to flavor or add color to food or drink. Finally, these substances are also often used as agents in the manufacturing of food or drink items, such as in the production of chocolate or coffee.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Mixed odoriferous substances - food & drink industrie. 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)Ireland$10.1B
Top Destination (2023)United States$3.85B

In 2023 Mixed odoriferous substances - food & drink industrie were the world's 160th most traded product (out of 4,644).

In 2023, the top exporters of Mixed odoriferous substances - food & drink industrie were Ireland ($10.1B), United States ($1.55B), Germany ($1.33B), Singapore ($1.02B), and France ($969M).

In 2023, the top importers of Mixed odoriferous substances - food & drink industrie were United States ($3.85B), Mexico ($1.41B), France ($1.16B), United Kingdom ($1.02B), and Germany ($728M).

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Exporters of Mixed odoriferous substances - food & drink industrie (2023)
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Importers of Mixed odoriferous substances - food & drink industrie (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$126M
Top Destination Growth (2022 -  2023)Belgium$160M

Between 2022 and 2023, the exports of Mixed odoriferous substances - food & drink industrie grew the fastest in France ($126M), Uruguay ($77.6M), Egypt ($44.2M), Germany ($40.9M), and Brazil ($30.8M).

Between 2022 and 2023, the fastest growing importers of Mixed odoriferous substances - food & drink industrie were Belgium ($160M), United Kingdom ($115M), Greece ($99.9M), Canada ($71.6M), and France ($71.6M).

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Exporters of Mixed odoriferous substances - food & drink industrie (2022 - 2023)

Importers of Mixed odoriferous substances - food & drink industrie (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Mixed odoriferous substances - food & drink industrie.

In 2023, market concentration measured using Shannon Entropy, was 3.33. This means that most of the exports of Mixed odoriferous substances - food & drink industrie are explained by 10 countries.

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Value of Exports in Mixed odoriferous substances - food & drink industrie

Net Trade

TOP NET EXPORTER (2023)Ireland$9.76B
TOP NET IMPORTER (2023)United States$2.3B

This map shows which countries export or import more of Mixed odoriferous substances - food & drink industrie. Each country is colored based on the difference in exports and imports of Mixed odoriferous substances - food & drink industrie during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Mixed odoriferous substances - food & drink industrie were Ireland ($9.76B), Singapore ($893M), Germany ($601M), Eswatini ($564M), and Switzerland ($274M).

In 2023, the countries that had a largest trade value in imports than in exports of Mixed odoriferous substances - food & drink industrie were United States ($2.3B), Mexico ($1.27B), United Kingdom ($771M), Canada ($554M), and Russia ($346M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Mixed odoriferous substances - food & drink industrie.
It is possible to select the main countries that export or import Mixed odoriferous substances - food & drink industrie in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Mixed odoriferous substances - food & drink industrie 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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