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Pricing

Reaction initiators, reaction accelerators and catalytic preparations n.e.c. or included

3815 (Harmonized System 1992 for 4-digit)

2023
World Trade $26.9BRnk 167 / 1217
2023
Top Exporter | Top Importer $5.47B | $4.4BUnited States | Germany
2023
Product Complexity 0.78Rnk 265 / 1044
2022 - 2023
Export Growth (CAGR) -6.49%Rnk 621 / 1217
2023
Share of World Trade 0.12%Rnk 167 / 1217

About

Overview This page contains the latest trade data of Reaction and Catalytic Products. In 2023, Reaction and Catalytic Products were the world's 167th most traded product, with a total trade of $26.9B. Between 2022 and 2023 the exports of Reaction and Catalytic Products decreased by -6.49%, from $28.7B to $26.9B. Trade in Reaction and Catalytic Products represent 0.12% of total world trade.

Reaction and Catalytic Products are a part of Chemical products n.e.s.. They include Supported catalysts, precious metal based, Supported catalysts, except nickel or precious metal, Reaction initiators, accelerators, catalysts, others, and Supported catalysts, nickel based.

Exports In 2023 the top exporters of Reaction and Catalytic Products  were United States ($5.47B), Germany ($4.46B), North Macedonia ($2.78B), Poland ($1.83B), and Canada ($1.5B).

Imports In 2023 the top importers of Reaction and Catalytic Products were Germany ($4.4B), United States ($2.28B), Mexico ($2.23B), China ($1.85B), and Czechia ($1.27B).

Ranking Reaction and Catalytic Products ranks 265th in the Product Complexity Index (PCI).

Description The common uses of reaction initiators, reaction accelerators and catalytic preparations, not elsewhere specified (excl. rubber accelerators) are in the production of paints, polymers, plastics, detergents, pharmaceuticals, and other chemicals.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Reaction and Catalytic Products. 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)United States$5.47B
Top Destination (2023)Germany$4.4B

In 2023 Reaction and Catalytic Products were the world's 167th most traded product (out of 1,217).

In 2023, the top exporters of Reaction and Catalytic Products were United States ($5.47B), Germany ($4.46B), North Macedonia ($2.78B), Poland ($1.83B), and Canada ($1.5B).

In 2023, the top importers of Reaction and Catalytic Products were Germany ($4.4B), United States ($2.28B), Mexico ($2.23B), China ($1.85B), and Czechia ($1.27B).

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Exporters of Reaction and Catalytic Products (2023)
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Importers of Reaction and Catalytic Products (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Denmark$178M
Top Destination Growth (2022 -  2023)Czechia$213M

Between 2022 and 2023, the exports of Reaction and Catalytic Products grew the fastest in Denmark ($178M), China ($152M), Germany ($130M), France ($120M), and Czechia ($98.4M).

Between 2022 and 2023, the fastest growing importers of Reaction and Catalytic Products were Czechia ($213M), Saudi Arabia ($187M), India ($119M), Philippines ($106M), and Italy ($102M).

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Exporters of Reaction and Catalytic Products (2022 - 2023)

Importers of Reaction and Catalytic Products (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Reaction and Catalytic Products.

In 2023, market concentration measured using Shannon Entropy, was 4.06. This means that most of the exports of Reaction and Catalytic Products are explained by 16 countries.

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Value of Exports in Reaction and Catalytic Products

Net Trade

TOP NET EXPORTER (2023)United States$3.19B
TOP NET IMPORTER (2023)Mexico$2.16B

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

In 2023, the countries that had a largest trade value in exports than in imports of Reaction and Catalytic Products were United States ($3.19B), North Macedonia ($2.75B), Poland ($1.3B), Canada ($944M), and Japan ($650M).

In 2023, the countries that had a largest trade value in imports than in exports of Reaction and Catalytic Products were Mexico ($2.16B), Portugal ($966M), China ($759M), South Korea ($706M), and Spain ($689M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Reaction and Catalytic Products, disaggragated by their HS6 level were Supported catalysts, precious metal based ($14.9B), Supported catalysts, except nickel or precious... ($5.7B), Reaction initiators, accelerators, catalysts, others ($4.73B), and Supported catalysts, nickel based ($1.56B)

HS6 Disaggregation for Reaction and Catalytic Products (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Reaction and Catalytic Products by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited Kingdom+ $7.67M
TOP IMPORT POTENTIALUnited States+ $358k

Reaction and Catalytic Products’s highest export potential is United Kingdom. With an export gap of $7.67M.  Reaction and Catalytic Products’s highest import potential is United States with an import gap of $358k.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Reaction and Catalytic Products.

Country by Relatedness

The following visualization shows the relatedness of Reaction and Catalytic Products 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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