292211 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Monoethanolmine, salts. In 2023, Monoethanolmine, salts were the world's 2730th most traded product, with a total trade of $561M. Between 2022 and 2023 the exports of Monoethanolmine, salts decreased by -21.5%, from $715M to $561M. Trade in Monoethanolmine, salts represent 0.0025% of total world trade.

Monoethanolmine, salts are a part of Oxygen Amino Compounds.

Exports In 2023 the top exporters of Monoethanolmine, salts  were Saudi Arabia ($123M), United States ($123M), Germany ($87.2M), China ($46.7M), and Belgium ($28M).

Imports In 2023 the top importers of Monoethanolmine, salts were Canada ($95.6M), Belgium ($51.8M), India ($42.6M), United States ($34.5M), and United Kingdom ($30.7M).

Ranking Monoethanolmine, salts ranks 1984th in the Product Complexity Index (PCI).

Description Explanation of monoethanolamine: Monoethanolamine is a chemical commonly used in the cosmetics and other industries. It can be used as a surfactant and a buffer.

Latest Data

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The following visualization shows the latest trends on Monoethanolmine, salts. 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$123M
Top Destination (2023)Canada$95.6M

In 2023 Monoethanolmine, salts were the world's 2730th most traded product (out of 4,644).

In 2023, the top exporters of Monoethanolmine, salts were Saudi Arabia ($123M), United States ($123M), Germany ($87.2M), China ($46.7M), and Belgium ($28M).

In 2023, the top importers of Monoethanolmine, salts were Canada ($95.6M), Belgium ($51.8M), India ($42.6M), United States ($34.5M), and United Kingdom ($30.7M).

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Exporters of Monoethanolmine, salts (2023)
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Importers of Monoethanolmine, salts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Sweden$14M
Top Destination Growth (2022 -  2023)United States$12.4M

Between 2022 and 2023, the exports of Monoethanolmine, salts grew the fastest in Sweden ($14M), India ($2.52M), Poland ($613k), Japan ($178k), and Czechia ($155k).

Between 2022 and 2023, the fastest growing importers of Monoethanolmine, salts were United States ($12.4M), South Korea ($10.3M), Belgium ($8.68M), Serbia ($2.68M), and Norway ($2.08M).

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Exporters of Monoethanolmine, salts (2022 - 2023)

Importers of Monoethanolmine, salts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Monoethanolmine, salts.

In 2023, market concentration measured using Shannon Entropy, was 3.52. This means that most of the exports of Monoethanolmine, salts are explained by 11 countries.

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Value of Exports in Monoethanolmine, salts

Net Trade

TOP NET EXPORTER (2023)Saudi Arabia$122M
TOP NET IMPORTER (2023)Canada$95.5M

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

In 2023, the countries that had a largest trade value in exports than in imports of Monoethanolmine, salts were Saudi Arabia ($122M), United States ($88.6M), Germany ($70.9M), China ($36.5M), and Malaysia ($18.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Monoethanolmine, salts were Canada ($95.5M), United Kingdom ($30.3M), India ($29.5M), Belgium ($23.8M), and South Korea ($21.5M).

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

Top 10 Exporters Countries of Monoethanolmine, salts 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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