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291815 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.06BRnk 2048 / 4644
2023
Top Exporter | Top Importer $304M | $166MChina | United States
2023
Product Complexity 0.36Rnk 1915 / 4656
2022 - 2023
Export Growth (CAGR) -19.8%Rnk 3665 / 4644
2023
Share of World Trade 0.0047%Rnk 2048 / 4644

About

Overview This page contains the latest trade data of Salts & esters of citric acid. In 2023, Salts & esters of citric acid were the world's 2048th most traded product, with a total trade of $1.06B. Between 2022 and 2023 the exports of Salts & esters of citric acid decreased by -19.8%, from $1.32B to $1.06B. Trade in Salts & esters of citric acid represent 0.0047% of total world trade.

Salts & esters of citric acid are a part of Carboxylic Acids.

Exports In 2023 the top exporters of Salts & esters of citric acid  were China ($304M), Germany ($173M), Austria ($166M), Israel ($102M), and Belgium ($62.3M).

Imports In 2023 the top importers of Salts & esters of citric acid were United States ($166M), Netherlands ($83.9M), Poland ($80.2M), Germany ($56.4M), and Italy ($53.8M).

Ranking Salts & esters of citric acid ranks 1915th in the Product Complexity Index (PCI).

Description Citric acid is a weak acid that is found in citrus fruits. It is typically used as a flavor enhancer and a preservative. Esters of citric acid may be used as a flavoring agent.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Salts & esters of citric acid. 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)China$304M
Top Destination (2023)United States$166M

In 2023 Salts & esters of citric acid were the world's 2048th most traded product (out of 4,644).

In 2023, the top exporters of Salts & esters of citric acid were China ($304M), Germany ($173M), Austria ($166M), Israel ($102M), and Belgium ($62.3M).

In 2023, the top importers of Salts & esters of citric acid were United States ($166M), Netherlands ($83.9M), Poland ($80.2M), Germany ($56.4M), and Italy ($53.8M).

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Exporters of Salts & esters of citric acid (2023)
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Importers of Salts & esters of citric acid (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Austria$16.8M
Top Destination Growth (2022 -  2023)Poland$13.3M

Between 2022 and 2023, the exports of Salts & esters of citric acid grew the fastest in Austria ($16.8M), France ($8.96M), United States ($6.46M), Poland ($2.19M), and Brazil ($1.35M).

Between 2022 and 2023, the fastest growing importers of Salts & esters of citric acid were Poland ($13.3M), Ireland ($6.2M), Italy ($3.31M), Canada ($2.35M), and South Korea ($1.98M).

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Exporters of Salts & esters of citric acid (2022 - 2023)

Importers of Salts & esters of citric acid (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Salts & esters of citric acid.

In 2023, market concentration measured using Shannon Entropy, was 3.36. This means that most of the exports of Salts & esters of citric acid are explained by 10 countries.

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Value of Exports in Salts & esters of citric acid

Net Trade

TOP NET EXPORTER (2023)China$297M
TOP NET IMPORTER (2023)United States$122M

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

In 2023, the countries that had a largest trade value in exports than in imports of Salts & esters of citric acid were China ($297M), Austria ($157M), Germany ($117M), Israel ($99M), and Belgium ($37.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Salts & esters of citric acid were United States ($122M), Poland ($69.2M), Netherlands ($57.5M), Italy ($49.4M), and Canada ($30.6M).

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 Salts & esters of citric acid.
It is possible to select the main countries that export or import Salts & esters of citric acid in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Salts & esters of citric acid 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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