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240399 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.24BRnk 1388 / 4648
2022
Top Exporter | Top Importer $497M | $486MItaly | Japan
2022
Product Complexity -0.79Rnk 3581 / 4653
2021 - 2022
Export Growth (CAGR) -60.8%Rnk 4559 / 4648
2022
Share of World Trade 0.0094%Rnk 1388 / 4648

About

Overview This page contains the latest trade data of Products of tobacco, substitute nes, extract, essence. In 2022, Products of tobacco, substitute nes, extract, essence were the world's 1388th most traded product, with a total trade of $2.24B. Between 2021 and 2022 the exports of Products of tobacco, substitute nes, extract, essence decreased by -60.8%, from $5.7B to $2.24B. Trade in Products of tobacco, substitute nes, extract, essence represent 0.0094% of total world trade.

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

Exports In 2022 the top exporters of Products of tobacco, substitute nes, extract, essence  were Italy ($497M), Sweden ($356M), Germany ($237M), India ($234M), and Netherlands ($136M).

Imports In 2022 the top importers of Products of tobacco, substitute nes, extract, essence were Japan ($486M), Norway ($292M), Poland ($104M), United Arab Emirates ($104M), and Turkey ($93.2M).

Ranking Products of tobacco, substitute nes, extract, essence ranks 3581st in the Product Complexity Index (PCI).

Description -

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 (2022)Italy$497M
Top Destination (2022)Japan$486M

In 2022 Products of tobacco, substitute nes, extract, essence were the world's 1388th most traded product (out of 4,648).

In 2022, the top exporters of Products of tobacco, substitute nes, extract, essence were Italy ($497M), Sweden ($356M), Germany ($237M), India ($234M), and Netherlands ($136M).

In 2022, the top importers of Products of tobacco, substitute nes, extract, essence were Japan ($486M), Norway ($292M), Poland ($104M), United Arab Emirates ($104M), and Turkey ($93.2M).

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Exporters of Products of tobacco, substitute nes, extract, essence (2022)
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Importers of Products of tobacco, substitute nes, extract, essence (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$86.4M
Top Destination Growth (2021 -  2022)Azerbaijan$18.6M

Between 2021 and 2022, the exports of Products of tobacco, substitute nes, extract, essence grew the fastest in China ($86.4M), Serbia ($16.4M), United Kingdom ($16.1M), India ($15.4M), and Philippines ($13.9M).

Between 2021 and 2022, the fastest growing importers of Products of tobacco, substitute nes, extract, essence were Azerbaijan ($18.6M), Iran ($12.1M), Mali ($12.1M), Romania ($11.9M), and Egypt ($10.2M).

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Exporters of Products of tobacco, substitute nes, extract, essence (2021 - 2022)

Importers of Products of tobacco, substitute nes, extract, essence (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.01. This means that most of the exports of Products of tobacco, substitute nes, extract, essence are explained by 16 countries.

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

Net Trade

TOP NET EXPORTER (2022)Italy$472M
TOP NET IMPORTER (2022)Japan$483M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Products of tobacco, substitute nes, extract, essence were Italy ($472M), Sweden ($332M), India ($218M), Germany ($175M), and Netherlands ($120M).

In 2022, the countries that had a largest trade value in imports than in exports of Products of tobacco, substitute nes, extract, essence were Japan ($483M), Norway ($292M), Poland ($93.9M), United Arab Emirates ($90.7M), and Turkey ($74.3M).

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 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 (2022)

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