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291634 (Harmonized System 1996 for 6-digit)

2022
World Trade $9.3MRnk 4653 / 4769
2022
Top Exporter | Top Importer $4.26M | $3.05MChina | United States
2022
Product Complexity 0.76Rnk 1198 / 4776
2021 - 2022
Export Growth (CAGR) 36.5%Rnk 302 / 4769
2022
Share of World Trade <0.01%Rnk 4653 / 4769

About

Overview This page contains the latest trade data of Phenylacetic Acid & Its Salts. In 2022, Phenylacetic Acid & Its Salts were the world's 4653rd most traded product, with a total trade of $9.3M. Between 2021 and 2022 the exports of Phenylacetic Acid & Its Salts grew by 36.5%, from $6.81M to $9.3M. Trade in Phenylacetic Acid & Its Salts represent 0.000039% of total world trade.

Phenylacetic Acid & Its Salts are a part of Acids; unsaturated acyclic monocarboxylic, cyclic monocarboxylic, their anhydrides, halides, peroxides and peroxyacids;....

Exports In 2022 the top exporters of Phenylacetic Acid & Its Salts  were China ($4.26M), India ($2.3M), Germany ($1.22M), United States ($992k), and Spain ($344k).

Imports In 2022 the top importers of Phenylacetic Acid & Its Salts were United States ($3.05M), Germany ($1.81M), India ($1.41M), Mexico ($384k), and Spain ($359k).

Ranking Phenylacetic Acid & Its Salts ranks 1198th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Phenylacetic Acid & Its 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 (2022)China$4.26M
Top Destination (2022)United States$3.05M

In 2022 Phenylacetic Acid & Its Salts were the world's 4653rd most traded product (out of 4,769).

In 2022, the top exporters of Phenylacetic Acid & Its Salts were China ($4.26M), India ($2.3M), Germany ($1.22M), United States ($992k), and Spain ($344k).

In 2022, the top importers of Phenylacetic Acid & Its Salts were United States ($3.05M), Germany ($1.81M), India ($1.41M), Mexico ($384k), and Spain ($359k).

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Exporters of Phenylacetic Acid & Its Salts (2022)
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Importers of Phenylacetic Acid & Its Salts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.74M
Top Destination Growth (2021 -  2022)United States$1.68M

Between 2021 and 2022, the exports of Phenylacetic Acid & Its Salts grew the fastest in China ($1.74M), India ($376k), United States ($320k), Germany ($176k), and Democratic Republic of the Congo ($41.6k).

Between 2021 and 2022, the fastest growing importers of Phenylacetic Acid & Its Salts were United States ($1.68M), India ($1.39M), Germany ($168k), France ($54.8k), and Uzbekistan ($48.9k).

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Exporters of Phenylacetic Acid & Its Salts (2021 - 2022)

Importers of Phenylacetic Acid & Its Salts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Phenylacetic Acid & Its Salts.

In 2022, market concentration measured using Shannon Entropy, was 2.09. This means that most of the exports of Phenylacetic Acid & Its Salts are explained by 4 countries.

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Value of Exports in Phenylacetic Acid & Its Salts

Net Trade

TOP NET EXPORTER (2022)China$3.91M
TOP NET IMPORTER (2022)United States$2.06M

This map shows which countries export or import more of Phenylacetic Acid & Its Salts. Each country is colored based on the difference in exports and imports of Phenylacetic Acid & Its Salts during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Phenylacetic Acid & Its Salts were China ($3.91M), India ($882k), Democratic Republic of the Congo ($41.6k), Denmark ($14.1k), and Jordan ($1.16k).

In 2022, the countries that had a largest trade value in imports than in exports of Phenylacetic Acid & Its Salts were United States ($2.06M), Germany ($589k), France ($289k), Japan ($171k), and United Kingdom ($144k).

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 Phenylacetic Acid & Its Salts.
It is possible to select the main countries that export or import Phenylacetic Acid & Its Salts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Phenylacetic Acid & Its Salts by percentage of total exports

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)

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