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293970 (Harmonized System 1992 for 6-digit)

2023
World Trade $38MRnk 4375 / 4644
2023
Top Exporter | Top Importer $12M | $22.3MIndia | Poland
2023
Product Complexity 1.02Rnk 744 / 4656
2022 - 2023
Export Growth (CAGR) 4.04%Rnk 1115 / 4644
2023
Share of World Trade 0.00017%Rnk 4375 / 4644

About

Overview This page contains the latest trade data of Nicotine, salts, in bulk. In 2023, Nicotine, salts, in bulk were the world's 4375th most traded product, with a total trade of $38M. Between 2022 and 2023 the exports of Nicotine, salts, in bulk grew by 4.04%, from $36.5M to $38M. Trade in Nicotine, salts, in bulk represent 0.00017% of total world trade.

Nicotine, salts, in bulk are a part of Vegetable Alkaloids.

Exports In 2023 the top exporters of Nicotine, salts, in bulk  were India ($12M), Poland ($8.3M), Germany ($4.31M), Italy ($3.81M), and Sweden ($3.37M).

Imports In 2023 the top importers of Nicotine, salts, in bulk were Poland ($22.3M), Argentina ($5.85M), Sweden ($1.08M), Lithuania ($1.05M), and Ukraine ($845k).

Ranking Nicotine, salts, in bulk ranks 744th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Nicotine, salts, in bulk. 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)India$12M
Top Destination (2023)Poland$22.3M

In 2023 Nicotine, salts, in bulk were the world's 4375th most traded product (out of 4,644).

In 2023, the top exporters of Nicotine, salts, in bulk were India ($12M), Poland ($8.3M), Germany ($4.31M), Italy ($3.81M), and Sweden ($3.37M).

In 2023, the top importers of Nicotine, salts, in bulk were Poland ($22.3M), Argentina ($5.85M), Sweden ($1.08M), Lithuania ($1.05M), and Ukraine ($845k).

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Exporters of Nicotine, salts, in bulk (2023)
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Importers of Nicotine, salts, in bulk (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$8.65M
Top Destination Growth (2022 -  2023)Poland$22M

Between 2022 and 2023, the exports of Nicotine, salts, in bulk grew the fastest in India ($8.65M), Poland ($8.3M), Germany ($3.72M), Sweden ($3.37M), and Italy ($3.36M).

Between 2022 and 2023, the fastest growing importers of Nicotine, salts, in bulk were Poland ($22M), Argentina ($3.55M), Sweden ($1.08M), Lithuania ($1.05M), and Philippines ($665k).

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Exporters of Nicotine, salts, in bulk (2022 - 2023)

Importers of Nicotine, salts, in bulk (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Nicotine, salts, in bulk.

In 2023, market concentration measured using Shannon Entropy, was 2.81. This means that most of the exports of Nicotine, salts, in bulk are explained by 7 countries.

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Value of Exports in Nicotine, salts, in bulk

Net Trade

TOP NET EXPORTER (2023)India$11.9M
TOP NET IMPORTER (2023)Poland$14M

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

In 2023, the countries that had a largest trade value in exports than in imports of Nicotine, salts, in bulk were India ($11.9M), Germany ($3.7M), Italy ($3.67M), China ($2.99M), and Sweden ($2.29M).

In 2023, the countries that had a largest trade value in imports than in exports of Nicotine, salts, in bulk were Poland ($14M), Lithuania ($1.05M), Estonia ($515k), France ($429k), and Hungary ($428k).

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

Top 10 Exporters Countries of Nicotine, salts, in bulk 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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