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Salts of oxometallic or peroxometallic acids

2841 (Harmonized System 1992 for 4-digit)

2023
World Trade $7.3BRnk 438 / 1217
2023
Top Exporter | Top Importer $3.67B | $3.66BSouth Korea | Poland
2023
Product Complexity -0.24Rnk 644 / 1044
2022 - 2023
Export Growth (CAGR) -4.15%Rnk 539 / 1217
2023
Share of World Trade 0.032%Rnk 438 / 1217

About

Overview This page contains the latest trade data of Oxometallic or Peroxometallic Acid Salts. In 2023, Oxometallic or Peroxometallic Acid Salts were the world's 438th most traded product, with a total trade of $7.3B. Between 2022 and 2023 the exports of Oxometallic or Peroxometallic Acid Salts decreased by -4.15%, from $7.62B to $7.3B. Trade in Oxometallic or Peroxometallic Acid Salts represent 0.032% of total world trade.

Oxometallic or Peroxometallic Acid Salts are a part of Inorganic chemicals. They include Salts of oxymetallic or peroxometallic acids nes, Metallic tungstates (wolframates), Sodium dichromate, Metallic molybdates, Manganites, manganates and permanganates of metals, Chromates, dichromates, peroxochromates nes, Metallic aluminates, Chromates of zinc or of lead, and Potassium dichromate.

Exports In 2023 the top exporters of Oxometallic or Peroxometallic Acid Salts  were South Korea ($3.67B), China ($1.63B), Japan ($1.08B), United States ($110M), and Netherlands ($81.7M).

Imports In 2023 the top importers of Oxometallic or Peroxometallic Acid Salts were Poland ($3.66B), Japan ($758M), Hungary ($596M), Malaysia ($479M), and China ($419M).

Ranking Oxometallic or Peroxometallic Acid Salts ranks 644th in the Product Complexity Index (PCI).

Description Oxometallic or peroxometallic acids are used in a variety of ways. They are used in the production of other chemicals, such as fertilizers, and in the production of plastics and rubber. They are also used in the production of glass and ceramics.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Oxometallic or Peroxometallic Acid Salts. 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)South Korea$3.67B
Top Destination (2023)Poland$3.66B

In 2023 Oxometallic or Peroxometallic Acid Salts were the world's 438th most traded product (out of 1,217).

In 2023, the top exporters of Oxometallic or Peroxometallic Acid Salts were South Korea ($3.67B), China ($1.63B), Japan ($1.08B), United States ($110M), and Netherlands ($81.7M).

In 2023, the top importers of Oxometallic or Peroxometallic Acid Salts were Poland ($3.66B), Japan ($758M), Hungary ($596M), Malaysia ($479M), and China ($419M).

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Exporters of Oxometallic or Peroxometallic Acid Salts (2023)
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Importers of Oxometallic or Peroxometallic Acid Salts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$103M
Top Destination Growth (2022 -  2023)Poland$641M

Between 2022 and 2023, the exports of Oxometallic or Peroxometallic Acid Salts grew the fastest in Japan ($103M), Chile ($24.2M), Poland ($19.8M), Chinese Taipei ($13.4M), and India ($7.12M).

Between 2022 and 2023, the fastest growing importers of Oxometallic or Peroxometallic Acid Salts were Poland ($641M), Hungary ($210M), Malaysia ($112M), India ($23.2M), and Indonesia ($15.5M).

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Exporters of Oxometallic or Peroxometallic Acid Salts (2022 - 2023)

Importers of Oxometallic or Peroxometallic Acid Salts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Oxometallic or Peroxometallic Acid Salts.

In 2023, market concentration measured using Shannon Entropy, was 2.31. This means that most of the exports of Oxometallic or Peroxometallic Acid Salts are explained by 4 countries.

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Value of Exports in Oxometallic or Peroxometallic Acid Salts

Net Trade

TOP NET EXPORTER (2023)South Korea$3.46B
TOP NET IMPORTER (2023)Poland$3.59B

This map shows which countries export or import more of Oxometallic or Peroxometallic Acid Salts. Each country is colored based on the difference in exports and imports of Oxometallic or Peroxometallic Acid Salts during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Oxometallic or Peroxometallic Acid Salts were South Korea ($3.46B), China ($1.21B), Japan ($322M), Chile ($75.1M), and South Africa ($61.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Oxometallic or Peroxometallic Acid Salts were Poland ($3.59B), Hungary ($575M), Malaysia ($472M), United States ($257M), and Sweden ($96.1M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Oxometallic or Peroxometallic Acid Salts, disaggragated by their HS6 level were Salts of oxymetallic or peroxometallic acids... ($6.48B), Metallic molybdates ($317M), Metallic tungstates (wolframates) ($210M), Manganites, manganates and permanganates of metals ($146M), and Sodium dichromate ($118M)

HS6 Disaggregation for Oxometallic or Peroxometallic Acid Salts (2023)
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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 Oxometallic or Peroxometallic Acid Salts.
It is possible to select the main countries that export or import Oxometallic or Peroxometallic Acid Salts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Oxometallic or Peroxometallic Acid Salts by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $46.9M
TOP IMPORT POTENTIALVietnam+ $1.92M

Oxometallic or Peroxometallic Acid Salts’s highest export potential is China. With an export gap of $46.9M.  Oxometallic or Peroxometallic Acid Salts’s highest import potential is Vietnam with an import gap of $1.92M.

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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 (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Oxometallic or Peroxometallic Acid Salts.

Country by Relatedness

The following visualization shows the relatedness of Oxometallic or Peroxometallic Acid Salts to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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