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Pricing

Rosin and resin acids and derivatives thereof; rosin spirit and rosin oils; run gums

3806 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.46BRnk 847 / 1217
2023
Top Exporter | Top Importer $170M | $155MPortugal | China
2023
Product Complexity -0.19Rnk 634 / 1044
2022 - 2023
Export Growth (CAGR) -18%Rnk 993 / 1217
2023
Share of World Trade 0.0065%Rnk 847 / 1217

About

Overview This page contains the latest trade data of Rosin. In 2023, Rosin were the world's 847th most traded product, with a total trade of $1.46B. Between 2022 and 2023 the exports of Rosin decreased by -18%, from $1.79B to $1.46B. Trade in Rosin represent 0.0065% of total world trade.

Rosin are a part of Chemical products n.e.s.. They include Rosin and resin acids, Resin acids and derivs nes, rosin derivs nes, Ester gums, and Rosin salts or resin acid salts.

Exports In 2023 the top exporters of Rosin  were Portugal ($170M), China ($169M), Brazil ($157M), Indonesia ($144M), and United States ($140M).

Imports In 2023 the top importers of Rosin were China ($155M), Germany ($146M), India ($93.7M), United States ($89.7M), and Japan ($83.3M).

Ranking Rosin ranks 634th in the Product Complexity Index (PCI).

Description Rosin is a natural polymer of the terpene abietic acid. It is soluble in alcohol and turpentine, but insoluble in water. Rosin spirit is obtained by distilling rosin with alcohol. Rosin oils are obtained by distilling rosin with petroleum ether or benzene. They are used as solvents for varnishes, paints, lacquers, printing inks, and rubber compounds. Resin acids and derivatives thereof are used in the manufacture of dyes, perfumes, pharmaceuticals, and agricultural chemicals. Run gums are the residue left after rosin has been distilled from wood.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Rosin. 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)Portugal$170M
Top Destination (2023)China$155M

In 2023 Rosin were the world's 847th most traded product (out of 1,217).

In 2023, the top exporters of Rosin were Portugal ($170M), China ($169M), Brazil ($157M), Indonesia ($144M), and United States ($140M).

In 2023, the top importers of Rosin were China ($155M), Germany ($146M), India ($93.7M), United States ($89.7M), and Japan ($83.3M).

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Exporters of Rosin (2023)
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Importers of Rosin (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Uganda$3.72M
Top Destination Growth (2022 -  2023)China$17.1M

Between 2022 and 2023, the exports of Rosin grew the fastest in Uganda ($3.72M), India ($1.6M), Mexico ($1.56M), Romania ($1.47M), and Luxembourg ($1.45M).

Between 2022 and 2023, the fastest growing importers of Rosin were China ($17.1M), Canada ($2.06M), Morocco ($771k), Slovenia ($733k), and Chile ($665k).

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Exporters of Rosin (2022 - 2023)

Importers of Rosin (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rosin.

In 2023, market concentration measured using Shannon Entropy, was 4.21. This means that most of the exports of Rosin are explained by 18 countries.

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Value of Exports in Rosin

Net Trade

TOP NET EXPORTER (2023)Brazil$147M
TOP NET IMPORTER (2023)Germany$112M

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

In 2023, the countries that had a largest trade value in exports than in imports of Rosin were Brazil ($147M), Indonesia ($133M), Portugal ($108M), Finland ($59.9M), and Vietnam ($57.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Rosin were Germany ($112M), India ($81.7M), Japan ($67.4M), Canada ($56.7M), and Turkey ($55.7M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Rosin, disaggragated by their HS6 level were Rosin and resin acids ($600M), Ester gums ($448M), Resin acids and derivs nes, rosin... ($356M), and Rosin salts or resin acid salts ($61.2M)

HS6 Disaggregation for Rosin (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 Rosin.
It is possible to select the main countries that export or import Rosin in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Rosin by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $8.78M
TOP IMPORT POTENTIALUnited States+ $3.11M

Rosin’s highest export potential is India. With an export gap of $8.78M.  Rosin’s highest import potential is United States with an import gap of $3.11M.

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)

Related Products

This visualization shows products that are likely to be exported by countries that export Rosin.

Country by Relatedness

The following visualization shows the relatedness of Rosin 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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