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Odoriferous substances and mixtures (including alcoholic solutions) with a basis of one or more of these substances, of a kind used as raw materials in industry; other preparations based on odoriferous substances, of a kind used for beverage manufacture

3302 (Harmonized System 1992 for 4-digit)

2022
World Trade $30.5BRnk 155 / 1218
2022
Top Exporter | Top Importer $10.4B | $4.42BIreland | United States
2022
Product Complexity 0.24Rnk 483 / 1033
2021 - 2022
Export Growth (CAGR) 5.48%Rnk 596 / 1218
2022
Share of World Trade 0.13%Rnk 155 / 1218

About

Overview This page contains the latest trade data of Scented Mixtures. In 2022, Scented Mixtures were the world's 155th most traded product, with a total trade of $30.5B. Between 2021 and 2022 the exports of Scented Mixtures grew by 5.48%, from $28.9B to $30.5B. Trade in Scented Mixtures represent 0.13% of total world trade.

Scented Mixtures are a part of Perfumery & cosmetics. They include Mixed odoriferous substances - food & drink industrie and Mixed odoriferous substances - industrial use nes.

Exports In 2022 the top exporters of Scented Mixtures  were Ireland ($10.4B), France ($2.66B), United States ($2.56B), Germany ($2.37B), and Singapore ($2.13B).

Imports In 2022 the top importers of Scented Mixtures were United States ($4.42B), Mexico ($1.89B), France ($1.78B), Germany ($1.38B), and Spain ($1.14B).

Ranking Scented Mixtures ranks 483rd in the Product Complexity Index (PCI).

Description Mixtures of odoriferous substances and mixtures, incl. alcoholic solutions, based on one or more of these substances, of a kind used as raw materials in industry; other preparations based on odoriferous substances, of a kind used for the manufacture of beverages are used in the food and beverage industry.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Scented Mixtures. 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)Ireland$10.4B
Top Destination (2022)United States$4.42B

In 2022 Scented Mixtures were the world's 155th most traded product (out of 1,218).

In 2022, the top exporters of Scented Mixtures were Ireland ($10.4B), France ($2.66B), United States ($2.56B), Germany ($2.37B), and Singapore ($2.13B).

In 2022, the top importers of Scented Mixtures were United States ($4.42B), Mexico ($1.89B), France ($1.78B), Germany ($1.38B), and Spain ($1.14B).

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Exporters of Scented Mixtures (2022)
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Importers of Scented Mixtures (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Ireland$1.02B
Top Destination Growth (2021 -  2022)United States$867M

Between 2021 and 2022, the exports of Scented Mixtures grew the fastest in Ireland ($1.02B), France ($262M), Singapore ($161M), Egypt ($96M), and Thailand ($77.1M).

Between 2021 and 2022, the fastest growing importers of Scented Mixtures were United States ($867M), Saudi Arabia ($173M), Mexico ($144M), United Arab Emirates ($133M), and Spain ($124M).

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Exporters of Scented Mixtures (2021 - 2022)

Importers of Scented Mixtures (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Scented Mixtures.

In 2022, market concentration measured using Shannon Entropy, was 3.79. This means that most of the exports of Scented Mixtures are explained by 13 countries.

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Value of Exports in Scented Mixtures

Net Trade

TOP NET EXPORTER (2022)Ireland$10.1B
TOP NET IMPORTER (2022)United States$1.86B

This map shows which countries export or import more of Scented Mixtures. Each country is colored based on the difference in exports and imports of Scented Mixtures during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Scented Mixtures were Ireland ($10.1B), Singapore ($1.95B), Switzerland ($1.47B), Germany ($994M), and France ($877M).

In 2022, the countries that had a largest trade value in imports than in exports of Scented Mixtures were United States ($1.86B), Mexico ($1.64B), Russia ($668M), Canada ($659M), and Saudi Arabia ($637M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Scented Mixtures, disaggragated by their HS6 level were Mixed odoriferous substances - food &... ($20.9B) and Mixed odoriferous substances - industrial use... ($9.59B)

HS6 Disaggregation for Scented Mixtures (2022)
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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 Scented Mixtures.
It is possible to select the main countries that export or import Scented Mixtures in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Scented Mixtures by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $32.6M
TOP IMPORT POTENTIALUnited Kingdom+ $10.5M

Scented Mixtures’s highest export potential is China. With an export gap of $32.6M.  Scented Mixtures’s highest import potential is United Kingdom with an import gap of $10.5M.

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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 (2022)

Related Products

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

Country by Relatedness

The following visualization shows the relatedness of Scented Mixtures to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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