Nucleic acids and their salts, whether or not chemically defined; other heterocyclic compounds

2934 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Nucleic Acids. In 2022, Nucleic Acids were the world's 154th most traded product, with a total trade of $30.7B. Between 2021 and 2022 the exports of Nucleic Acids grew by 19.2%, from $25.7B to $30.7B. Trade in Nucleic Acids represent 0.13% of total world trade.

Nucleic Acids are a part of Organic chemicals. They include Heterocyclic compounds, nes, Heterocyclic compounds with an unfused thiazole ring, Heterocyclic compounds containing a benzothiazole rin, and Heterocyclic compounds containing a phenothiazine rin.

Exports In 2022 the top exporters of Nucleic Acids  were Ireland ($9.45B), China ($5.55B), Switzerland ($3.24B), United States ($2.28B), and Germany ($1.77B).

Imports In 2022 the top importers of Nucleic Acids were United States ($10.9B), Germany ($3.06B), Canada ($1.76B), Italy ($1.19B), and India ($1.04B).

Ranking Nucleic Acids ranks 40th in the Product Complexity Index (PCI).

Description Nucleic acids are polymers of nucleotides that are the building blocks of DNA and RNA. RNA is a nucleic acid that is made up of ribose, phosphate, and nitrogenous bases. Nucleic acids are used in many biological processes, such as protein synthesis, DNA replication, and mRNA translation. Heterocyclic compounds are organic molecules that have a hetero atom (nitrogen or oxygen) in the ring. These compounds are used in many biological processes, such as DNA replication and protein synthesis.

Latest Data

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The following visualization shows the latest trends on Nucleic Acids. 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)Ireland$9.45B
Top Destination (2022)United States$10.9B

In 2022 Nucleic Acids were the world's 154th most traded product (out of 1,218).

In 2022, the top exporters of Nucleic Acids were Ireland ($9.45B), China ($5.55B), Switzerland ($3.24B), United States ($2.28B), and Germany ($1.77B).

In 2022, the top importers of Nucleic Acids were United States ($10.9B), Germany ($3.06B), Canada ($1.76B), Italy ($1.19B), and India ($1.04B).

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Exporters of Nucleic Acids (2022)
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Importers of Nucleic Acids (2022)
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Market Dynamics

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Top Origin Growth (2021 -  2022)Ireland$3.47B
Top Destination Growth (2021 -  2022)United States$3.24B

Between 2021 and 2022, the exports of Nucleic Acids grew the fastest in Ireland ($3.47B), Switzerland ($1.05B), China ($917M), United States ($116M), and South Korea ($90.2M).

Between 2021 and 2022, the fastest growing importers of Nucleic Acids were United States ($3.24B), Canada ($1.2B), Netherlands ($287M), Brazil ($252M), and Austria ($161M).

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Exporters of Nucleic Acids (2021 - 2022)

Importers of Nucleic Acids (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Nucleic Acids.

In 2022, market concentration measured using Shannon Entropy, was 3.42. This means that most of the exports of Nucleic Acids are explained by 10 countries.

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Value of Exports in Nucleic Acids

Net Trade

TOP NET EXPORTER (2022)Ireland$8.79B
TOP NET IMPORTER (2022)United States$8.59B

This map shows which countries export or import more of Nucleic Acids. Each country is colored based on the difference in exports and imports of Nucleic Acids during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Nucleic Acids were Ireland ($8.79B), China ($4.99B), Switzerland ($2.22B), Japan ($443M), and Belgium ($344M).

In 2022, the countries that had a largest trade value in imports than in exports of Nucleic Acids were United States ($8.59B), Canada ($1.68B), Germany ($1.29B), Brazil ($1B), and Italy ($773M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Nucleic Acids, disaggragated by their HS6 level were Heterocyclic compounds, nes ($25.8B), Heterocyclic compounds with an unfused thiazole... ($3.83B), Heterocyclic compounds containing a benzothiazole rin ($887M), and Heterocyclic compounds containing a phenothiazine rin ($118M)

HS6 Disaggregation for Nucleic Acids (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Nucleic Acids.
It is possible to select the main countries that export or import Nucleic Acids in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Nucleic Acids by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited Kingdom+ $54M
TOP IMPORT POTENTIALChina+ $11.5M

Nucleic Acids’s highest export potential is United Kingdom. With an export gap of $54M.  Nucleic Acids’s highest import potential is China with an import gap of $11.5M.

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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)

Country by Relatedness

The following visualization shows the relatedness of Nucleic Acids to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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