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240399 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.09BRnk 1389 / 4644
2023
Top Exporter | Top Importer $323M | $286MGermany | Norway
2023
Product Complexity -0.14Rnk 2734 / 4656
2022 - 2023
Export Growth (CAGR) -11.3%Rnk 2861 / 4644
2023
Share of World Trade 0.0093%Rnk 1389 / 4644

About

Overview This page contains the latest trade data of Products of tobacco, substitute nes, extract, essence. In 2023, Products of tobacco, substitute nes, extract, essence were the world's 1389th most traded product, with a total trade of $2.09B. Between 2022 and 2023 the exports of Products of tobacco, substitute nes, extract, essence decreased by -11.3%, from $2.36B to $2.09B. Trade in Products of tobacco, substitute nes, extract, essence represent 0.0093% of total world trade.

Products of tobacco, substitute nes, extract, essence are a part of Processed Tobacco.

Exports In 2023 the top exporters of Products of tobacco, substitute nes, extract, essence  were Germany ($323M), Sweden ($317M), India ($251M), Netherlands ($183M), and China ($158M).

Imports In 2023 the top importers of Products of tobacco, substitute nes, extract, essence were Norway ($286M), Turkey ($169M), Egypt ($165M), United Arab Emirates ($133M), and Poland ($116M).

Ranking Products of tobacco, substitute nes, extract, essence ranks 2734th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Products of tobacco, substitute nes, extract, essence. 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)Germany$323M
Top Destination (2023)Norway$286M

In 2023 Products of tobacco, substitute nes, extract, essence were the world's 1389th most traded product (out of 4,644).

In 2023, the top exporters of Products of tobacco, substitute nes, extract, essence were Germany ($323M), Sweden ($317M), India ($251M), Netherlands ($183M), and China ($158M).

In 2023, the top importers of Products of tobacco, substitute nes, extract, essence were Norway ($286M), Turkey ($169M), Egypt ($165M), United Arab Emirates ($133M), and Poland ($116M).

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Exporters of Products of tobacco, substitute nes, extract, essence (2023)
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Importers of Products of tobacco, substitute nes, extract, essence (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$114M
Top Destination Growth (2022 -  2023)United Arab Emirates$114M

Between 2022 and 2023, the exports of Products of tobacco, substitute nes, extract, essence grew the fastest in India ($114M), Germany ($67.3M), China ($61.3M), Poland ($27.8M), and Czechia ($23.7M).

Between 2022 and 2023, the fastest growing importers of Products of tobacco, substitute nes, extract, essence were United Arab Emirates ($114M), Turkey ($42.5M), Poland ($27.1M), Italy ($16.4M), and Thailand ($14.3M).

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Exporters of Products of tobacco, substitute nes, extract, essence (2022 - 2023)

Importers of Products of tobacco, substitute nes, extract, essence (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Products of tobacco, substitute nes, extract, essence.

In 2023, market concentration measured using Shannon Entropy, was 4.31. This means that most of the exports of Products of tobacco, substitute nes, extract, essence are explained by 19 countries.

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Value of Exports in Products of tobacco, substitute nes, extract, essence

Net Trade

TOP NET EXPORTER (2023)Sweden$282M
TOP NET IMPORTER (2023)Norway$282M

This map shows which countries export or import more of Products of tobacco, substitute nes, extract, essence. Each country is colored based on the difference in exports and imports of Products of tobacco, substitute nes, extract, essence during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Products of tobacco, substitute nes, extract, essence were Sweden ($282M), Germany ($270M), India ($227M), Netherlands ($172M), and China ($152M).

In 2023, the countries that had a largest trade value in imports than in exports of Products of tobacco, substitute nes, extract, essence were Norway ($282M), Egypt ($162M), Turkey ($151M), United Arab Emirates ($118M), and Poland ($77.5M).

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 Products of tobacco, substitute nes, extract, essence.
It is possible to select the main countries that export or import Products of tobacco, substitute nes, extract, essence in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Products of tobacco, substitute nes, extract, essence 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 (2023)

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