Organic compounds; n.e.c. in chapter 29

2942 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Other Organic Compounds. In 2022, Other Organic Compounds were the world's 819th most traded product, with a total trade of $1.71B. Between 2021 and 2022 the exports of Other Organic Compounds grew by 2.3%, from $1.67B to $1.71B. Trade in Other Organic Compounds represent 0.0072% of total world trade.

Other Organic Compounds are a part of Organic chemicals. They include Organic compounds, nes.

Exports In 2022 the top exporters of Other Organic Compounds  were India ($712M), United States ($114M), China ($110M), Japan ($102M), and United Arab Emirates ($97.8M).

Imports In 2022 the top importers of Other Organic Compounds were Japan ($198M), United States ($110M), Malaysia ($76.8M), Netherlands ($73.8M), and India ($67.5M).

Ranking Other Organic Compounds ranks 407th in the Product Complexity Index (PCI).

Description -

Latest Data

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The following visualization shows the latest trends on Other Organic Compounds. 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)India$712M
Top Destination (2022)Japan$198M

In 2022 Other Organic Compounds were the world's 819th most traded product (out of 1,218).

In 2022, the top exporters of Other Organic Compounds were India ($712M), United States ($114M), China ($110M), Japan ($102M), and United Arab Emirates ($97.8M).

In 2022, the top importers of Other Organic Compounds were Japan ($198M), United States ($110M), Malaysia ($76.8M), Netherlands ($73.8M), and India ($67.5M).

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Exporters of Other Organic Compounds (2022)
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Importers of Other Organic Compounds (2022)
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Market Dynamics

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Top Origin Growth (2021 -  2022)United Arab Emirates$62.6M
Top Destination Growth (2021 -  2022)Malaysia$59.1M

Between 2021 and 2022, the exports of Other Organic Compounds grew the fastest in United Arab Emirates ($62.6M), Japan ($59.5M), Malaysia ($35.7M), Philippines ($28.4M), and China ($21.6M).

Between 2021 and 2022, the fastest growing importers of Other Organic Compounds were Malaysia ($59.1M), Japan ($49.8M), Russia ($39.5M), South Korea ($19.3M), and Netherlands ($19M).

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Exporters of Other Organic Compounds (2021 - 2022)

Importers of Other Organic Compounds (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Organic Compounds.

In 2022, market concentration measured using Shannon Entropy, was 3.58. This means that most of the exports of Other Organic Compounds are explained by 11 countries.

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Value of Exports in Other Organic Compounds

Net Trade

TOP NET EXPORTER (2022)India$645M
TOP NET IMPORTER (2022)Japan$95.8M

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

In 2022, the countries that had a largest trade value in exports than in imports of Other Organic Compounds were India ($645M), Philippines ($90.5M), China ($60.9M), United Arab Emirates ($58.9M), and Chinese Taipei ($22.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Other Organic Compounds were Japan ($95.8M), Bangladesh ($53.5M), Netherlands ($53.1M), Russia ($48.6M), and Egypt ($42M).

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

Top 10 Exporters Countries of Other Organic Compounds by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $147k
TOP IMPORT POTENTIALIndia+ $735k

Other Organic Compounds’s highest export potential is India. With an export gap of $147k.  Other Organic Compounds’s highest import potential is India with an import gap of $735k.

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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 Other Organic Compounds 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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