293970 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Nicotine, salts, in bulk. In 2022, Nicotine, salts, in bulk were the world's 4401st most traded product, with a total trade of $36.6M. Between 2021 and 2022 the exports of Nicotine, salts, in bulk decreased by -94.3%, from $639M to $36.6M. Trade in Nicotine, salts, in bulk represent 0.00015% of total world trade.

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

Exports In 2022 the top exporters of Nicotine, salts, in bulk  were Chinese Taipei ($21.2M), China ($7.38M), India ($3.34M), Belgium ($1.51M), and Georgia ($811k).

Imports In 2022 the top importers of Nicotine, salts, in bulk were Japan ($10.3M), Chinese Taipei ($9.62M), India ($4.1M), Argentina ($2.3M), and France ($1.89M).

Ranking Nicotine, salts, in bulk ranks 955th in the Product Complexity Index (PCI).

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 (2022)Chinese Taipei$21.2M
Top Destination (2022)Japan$10.3M

In 2022 Nicotine, salts, in bulk were the world's 4401st most traded product (out of 4,648).

In 2022, the top exporters of Nicotine, salts, in bulk were Chinese Taipei ($21.2M), China ($7.38M), India ($3.34M), Belgium ($1.51M), and Georgia ($811k).

In 2022, the top importers of Nicotine, salts, in bulk were Japan ($10.3M), Chinese Taipei ($9.62M), India ($4.1M), Argentina ($2.3M), and France ($1.89M).

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Exporters of Nicotine, salts, in bulk (2022)
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Importers of Nicotine, salts, in bulk (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Georgia$494k
Top Destination Growth (2021 -  2022)Chinese Taipei$3.37M

Between 2021 and 2022, the exports of Nicotine, salts, in bulk grew the fastest in Georgia ($494k) and Lesotho ($16.4k).

Between 2021 and 2022, the fastest growing importers of Nicotine, salts, in bulk were Chinese Taipei ($3.37M), Ecuador ($456k), Slovenia ($173k), Tunisia ($140k), and Philippines ($41.8k).

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Exporters of Nicotine, salts, in bulk (2021 - 2022)

Importers of Nicotine, salts, in bulk (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 2. This means that most of the exports of Nicotine, salts, in bulk are explained by 4 countries.

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Value of Exports in Nicotine, salts, in bulk

Net Trade

TOP NET EXPORTER (2022)Chinese Taipei$11.6M
TOP NET IMPORTER (2022)Japan$10.3M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Nicotine, salts, in bulk were Chinese Taipei ($11.6M), China ($6.42M), Belgium ($1.51M), Georgia ($724k), and Czechia ($297k).

In 2022, the countries that had a largest trade value in imports than in exports of Nicotine, salts, in bulk were Japan ($10.3M), France ($1.87M), Ukraine ($1.13M), India ($761k), and Ecuador ($734k).

Net Trade (2022)

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 (2022)

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