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380620 (Harmonized System 1992 for 6-digit)

2023
World Trade $61.2MRnk 4264 / 4644
2023
Top Exporter | Top Importer $16.3M | $12.7MGermany | Germany
2023
Product Complexity -0.12Rnk 2719 / 4656
2022 - 2023
Export Growth (CAGR) -8.03%Rnk 2475 / 4644
2023
Share of World Trade 0.00027%Rnk 4264 / 4644

About

Overview This page contains the latest trade data of Rosin salts or resin acid salts. In 2023, Rosin salts or resin acid salts were the world's 4264th most traded product, with a total trade of $61.2M. Between 2022 and 2023 the exports of Rosin salts or resin acid salts decreased by -8.03%, from $66.6M to $61.2M. Trade in Rosin salts or resin acid salts represent 0.00027% of total world trade.

Rosin salts or resin acid salts are a part of Rosin.

Exports In 2023 the top exporters of Rosin salts or resin acid salts  were Germany ($16.3M), Netherlands ($10.3M), Belgium ($6.95M), United States ($4.08M), and France ($3.58M).

Imports In 2023 the top importers of Rosin salts or resin acid salts were Germany ($12.7M), United States ($6M), France ($5.21M), India ($5.1M), and Netherlands ($4.17M).

Ranking Rosin salts or resin acid salts ranks 2719th in the Product Complexity Index (PCI).

Description Rosin salts are used in the pharmaceutical industry as a preservative in tablets and capsules. Resin acid salts are used in animal feed as a feed additive.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Rosin salts or resin acid 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)Germany$16.3M
Top Destination (2023)Germany$12.7M

In 2023 Rosin salts or resin acid salts were the world's 4264th most traded product (out of 4,644).

In 2023, the top exporters of Rosin salts or resin acid salts were Germany ($16.3M), Netherlands ($10.3M), Belgium ($6.95M), United States ($4.08M), and France ($3.58M).

In 2023, the top importers of Rosin salts or resin acid salts were Germany ($12.7M), United States ($6M), France ($5.21M), India ($5.1M), and Netherlands ($4.17M).

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Exporters of Rosin salts or resin acid salts (2023)
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Importers of Rosin salts or resin acid salts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$6.53M
Top Destination Growth (2022 -  2023)Netherlands$3.57M

Between 2022 and 2023, the exports of Rosin salts or resin acid salts grew the fastest in Netherlands ($6.53M), Germany ($1.66M), Indonesia ($1.36M), Spain ($1.14M), and Brazil ($543k).

Between 2022 and 2023, the fastest growing importers of Rosin salts or resin acid salts were Netherlands ($3.57M), United States ($2.55M), South Korea ($1.11M), Russia ($526k), and France ($456k).

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Exporters of Rosin salts or resin acid salts (2022 - 2023)

Importers of Rosin salts or resin acid salts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rosin salts or resin acid salts.

In 2023, market concentration measured using Shannon Entropy, was 3.69. This means that most of the exports of Rosin salts or resin acid salts are explained by 12 countries.

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Value of Exports in Rosin salts or resin acid salts

Net Trade

TOP NET EXPORTER (2023)Belgium$6.8M
TOP NET IMPORTER (2023)India$4.95M

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

In 2023, the countries that had a largest trade value in exports than in imports of Rosin salts or resin acid salts were Belgium ($6.8M), Netherlands ($6.09M), Germany ($3.63M), Finland ($2.29M), and Turkey ($1.89M).

In 2023, the countries that had a largest trade value in imports than in exports of Rosin salts or resin acid salts were India ($4.95M), Brazil ($2.81M), United States ($1.92M), Spain ($1.78M), and France ($1.63M).

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 Rosin salts or resin acid salts.
It is possible to select the main countries that export or import Rosin salts or resin acid salts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Rosin salts or resin acid salts 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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