HS Icon Other Organic Compounds

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

2942 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Other Organic Compounds. In 2021, Other Organic Compounds were the world's 821st most traded product, with a total trade of $1.59B. Between 2020 and 2021 the exports of Other Organic Compounds grew by 9.68%, from $1.45B to $1.59B. Trade in Other Organic Compounds represent 0.0076% of total world trade.

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

Exports In 2021 the top exporters of Other Organic Compounds  were India ($705M), United States ($128M), China ($86.1M), Italy ($66.4M), and Philippines ($65.2M).

Imports In 2021 the top importers of Other Organic Compounds were Japan ($148M), United States ($95.3M), Germany ($88.2M), China ($80.1M), and India ($72.2M).

Tariffs In 2018 the average tariff for Other Organic Compounds was 4.36%, making it the 949th lowest tariff using the HS4 product classification.

Ranking Other Organic Compounds ranks 516th in the Product Complexity Index (PCI).

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Flow
Y-AXIS SCALE

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.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): India, $705M

Top Destination (2021): Japan, $148M

Other Organic Compounds are the world's 821st most traded product.

In 2021, the top exporters of Other Organic Compounds were India ($705M), United States ($128M), China ($86.1M), Italy ($66.4M), and Philippines ($65.2M).

In 2021, the top importers of Other Organic Compounds were Japan ($148M), United States ($95.3M), Germany ($88.2M), China ($80.1M), and India ($72.2M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): India, $61M

Top Destination Growth (2020 -  2021): United Arab Emirates, $36.7M

Between 2020 and 2021, the exports of Other Organic Compounds grew the fastest in India ($61M), China ($29.7M), United Arab Emirates ($22.6M), Italy ($17.9M), and Denmark ($10.5M).

Between 2020 and 2021, the fastest growing importers of Other Organic Compounds were United Arab Emirates ($36.7M), Germany ($35.6M), China ($27.8M), United States ($23.2M), and India ($17.7M).

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Market Concentration

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Cumulative market share

Value

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

In 2021, market concentration measured using Shannon Entropy, was 3.54. This means that most of the exports of Other Organic Compounds are explained by 11 countries.

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TOP NET EXPORTER (2021): India, $633M

TOP NET IMPORTER (2021): Japan, $107M

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Other Organic Compounds were India ($633M), Philippines ($60.6M), United States ($32.7M), South Korea ($25.2M), and Chinese Taipei ($20.1M).

In 2021, the countries that had a largest trade value in imports than in exports of Other Organic Compounds were Japan ($107M), Bangladesh ($51.9M), Germany ($51.9M), Ireland ($43.4M), and Egypt ($41.1M).

Disaggregation

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Value

In 2021, the world most traded Other Organic Compounds, disaggragated by their HS6 level were Organic compounds, nes ($1.59B)

Country Comparison

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Flow
Measure
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.

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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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.