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Esters; phosphoric, and their salts, including lactophosphates, their halogenated, sulphonated, nitrated or nitrosated derivatives

2919 (Harmonized System 1992 for 4-digit)

2023
World Trade $924MRnk 934 / 1217
2023
Top Exporter | Top Importer $511M | $132MChina | United States
2023
Product Complexity 1.55Rnk 37 / 1044
2022 - 2023
Export Growth (CAGR) -24.3%Rnk 1098 / 1217
2023
Share of World Trade 0.0041%Rnk 934 / 1217

About

Overview This page contains the latest trade data of Phosphoric Esters and Salts. In 2023, Phosphoric Esters and Salts were the world's 934th most traded product, with a total trade of $924M. Between 2022 and 2023 the exports of Phosphoric Esters and Salts decreased by -24.3%, from $1.22B to $924M. Trade in Phosphoric Esters and Salts represent 0.0041% of total world trade.

Phosphoric Esters and Salts are a part of Organic chemicals. They include Phosphoric esters, their salts and derivatives.

Exports In 2023 the top exporters of Phosphoric Esters and Salts  were China ($511M), Germany ($106M), Japan ($50.7M), United States ($42.2M), and Netherlands ($38.5M).

Imports In 2023 the top importers of Phosphoric Esters and Salts were United States ($132M), South Korea ($84.3M), Germany ($55.7M), Netherlands ($55.1M), and Italy ($40.7M).

Ranking Phosphoric Esters and Salts ranks 37th in the Product Complexity Index (PCI).

Description Phosphoric esters and their salts are used in a variety of applications, including as food additives, flame retardants, plasticizers, rust inhibitors, and water treatment agents. Phosphoric esters are found in many foods, including cheese, chocolate, and soda. Lactophosphates are used in the production of cheese. Halogenated, sulphonated, nitrated or nitrosated derivatives are used as flame retardants.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Phosphoric Esters and 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)China$511M
Top Destination (2023)United States$132M

In 2023 Phosphoric Esters and Salts were the world's 934th most traded product (out of 1,217).

In 2023, the top exporters of Phosphoric Esters and Salts were China ($511M), Germany ($106M), Japan ($50.7M), United States ($42.2M), and Netherlands ($38.5M).

In 2023, the top importers of Phosphoric Esters and Salts were United States ($132M), South Korea ($84.3M), Germany ($55.7M), Netherlands ($55.1M), and Italy ($40.7M).

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Exporters of Phosphoric Esters and Salts (2023)
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Importers of Phosphoric Esters and Salts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$5.5M
Top Destination Growth (2022 -  2023)India$12.1M

Between 2022 and 2023, the exports of Phosphoric Esters and Salts grew the fastest in India ($5.5M), Switzerland ($3.22M), Hong Kong ($2.68M), Kazakhstan ($1.21M), and Chinese Taipei ($555k).

Between 2022 and 2023, the fastest growing importers of Phosphoric Esters and Salts were India ($12.1M), Russia ($7.27M), Vietnam ($1.27M), Zimbabwe ($770k), and Bulgaria ($666k).

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Exporters of Phosphoric Esters and Salts (2022 - 2023)

Importers of Phosphoric Esters and Salts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Phosphoric Esters and Salts.

In 2023, market concentration measured using Shannon Entropy, was 2.68. This means that most of the exports of Phosphoric Esters and Salts are explained by 6 countries.

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Value of Exports in Phosphoric Esters and Salts

Net Trade

TOP NET EXPORTER (2023)China$479M
TOP NET IMPORTER (2023)United States$89.8M

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

In 2023, the countries that had a largest trade value in exports than in imports of Phosphoric Esters and Salts were China ($479M), Germany ($50.6M), Japan ($25.1M), Switzerland ($11.8M), and Austria ($2.61M).

In 2023, the countries that had a largest trade value in imports than in exports of Phosphoric Esters and Salts were United States ($89.8M), South Korea ($79.6M), Mexico ($31.2M), Canada ($26.9M), and Italy ($26.6M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Phosphoric Esters and Salts.
It is possible to select the main countries that export or import Phosphoric Esters and Salts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Phosphoric Esters and Salts by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $9.15M
TOP IMPORT POTENTIALGermany+ $1.29M

Phosphoric Esters and Salts’s highest export potential is India. With an export gap of $9.15M.  Phosphoric Esters and Salts’s highest import potential is Germany with an import gap of $1.29M.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Phosphoric Esters and 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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