Perfume Plants1211 (Harmonized System 1992 for 4-digit)
2021 World Trade: $3.72B, Rnk 608 / 1217
2021 Top Exporter | Top Importer: $852M | $481M, China | United States
2021 Product Complexity: -1.84, Rnk 982 / 1024
2020 - 2021 Export Growth (CAGR): 5.18%, Rnk 1058 / 1217
2018 Mean Tariff: 5.88%, Rnk 725 / 1259
2021 Share of World Trade: 0.00018%, Rnk 608 / 1217
Overview This page contains the latest trade data of Perfume Plants. In 2021, Perfume Plants were the world's 608th most traded product, with a total trade of $3.72B. Between 2020 and 2021 the exports of Perfume Plants grew by 5.18%, from $3.54B to $3.72B. Trade in Perfume Plants represent 0.00018% of total world trade.
Perfume Plants are a part of Oils seeds, oleaginous fruits, grains, straw & fodder. They include Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh..., Ginseng roots, and Liquorice roots.
Exports In 2021 the top exporters of Perfume Plants were China ($852M), India ($420M), Germany ($223M), United States ($169M), and Canada ($160M).
Imports In 2021 the top importers of Perfume Plants were United States ($481M), Germany ($401M), Japan ($259M), China ($227M), and Hong Kong ($198M).
Tariffs In 2018 the average tariff for Perfume Plants was 5.88%, making it the 725th lowest tariff using the HS4 product classification.
Ranking Perfume Plants ranks 982nd in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Perfume Plants. 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.
Trade By Country
Top Origin (2021): China, $852M
Top Destination (2021): United States, $481M
Perfume Plants are the world's 608th most traded product.
In 2021, the top exporters of Perfume Plants were China ($852M), India ($420M), Germany ($223M), United States ($169M), and Canada ($160M).
In 2021, the top importers of Perfume Plants were United States ($481M), Germany ($401M), Japan ($259M), China ($227M), and Hong Kong ($198M).
Trade by country
Top Origin Growth (2020 - 2021): India, $78.8M
Top Destination Growth (2020 - 2021): United States, $50.9M
Between 2020 and 2021, the exports of Perfume Plants grew the fastest in India ($78.8M), Vietnam ($21M), Indonesia ($20.5M), Egypt ($19.9M), and Canada ($18.3M).
Between 2020 and 2021, the fastest growing importers of Perfume Plants were United States ($50.9M), China ($49.6M), France ($28.6M), Australia ($19.2M), and Israel ($18.8M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Perfume Plants.
In 2021, market concentration measured using Shannon Entropy, was 4.98. This means that most of the exports of Perfume Plants are explained by 31 countries.
TOP NET EXPORTER (2021): China, $625M
TOP NET IMPORTER (2021): United States, $311M
This map shows which countries export or import more of Perfume Plants. Each country is colored based on the difference in exports and imports of Perfume Plants during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Perfume Plants were China ($625M), India ($328M), Egypt ($113M), Canada ($77.6M), and Morocco ($56.6M).
In 2021, the countries that had a largest trade value in imports than in exports of Perfume Plants were United States ($311M), Japan ($255M), Germany ($179M), Hong Kong ($157M), and Chinese Taipei ($113M).
In 2021, the world most traded Perfume Plants, disaggragated by their HS6 level were Other plants of a kind use... ($3.39B) and Ginseng roots ($330M)
This visualization shows the countries that have an important ratio of their trade related to Perfume Plants. It is possible to select the main countries that export or import Perfume Plants in the world, or by continent, as well as select the measure of interest.
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.
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