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284321 (Harmonized System 1992 for 6-digit)

2023
World Trade $186MRnk 3720 / 4644
2023
Top Exporter | Top Importer $73.4M | $26.8MUnited Kingdom | Germany
2023
Product Complexity 1.09Rnk 648 / 4656
2022 - 2023
Export Growth (CAGR) -24%Rnk 3952 / 4644
2023
Share of World Trade 0.00082%Rnk 3720 / 4644

About

Overview This page contains the latest trade data of Silver nitrate. In 2023, Silver nitrate were the world's 3720th most traded product, with a total trade of $186M. Between 2022 and 2023 the exports of Silver nitrate decreased by -24%, from $245M to $186M. Trade in Silver nitrate represent 0.00082% of total world trade.

Silver nitrate are a part of Precious Metal Compounds.

Exports In 2023 the top exporters of Silver nitrate  were United Kingdom ($73.4M), United States ($23.4M), Germany ($21.8M), Netherlands ($14.1M), and Belgium ($12.1M).

Imports In 2023 the top importers of Silver nitrate were Germany ($26.8M), Netherlands ($26.1M), Singapore ($16.9M), France ($16.4M), and Czechia ($14.8M).

Ranking Silver nitrate ranks 648th in the Product Complexity Index (PCI).

Description Silver nitrate is used in photography because it is a light sensitive agent. It can also be used to reduce bacterial contamination on surfaces.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Silver nitrate. 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 Kingdom$73.4M
Top Destination (2023)Germany$26.8M

In 2023 Silver nitrate were the world's 3720th most traded product (out of 4,644).

In 2023, the top exporters of Silver nitrate were United Kingdom ($73.4M), United States ($23.4M), Germany ($21.8M), Netherlands ($14.1M), and Belgium ($12.1M).

In 2023, the top importers of Silver nitrate were Germany ($26.8M), Netherlands ($26.1M), Singapore ($16.9M), France ($16.4M), and Czechia ($14.8M).

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Exporters of Silver nitrate (2023)
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Importers of Silver nitrate (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$8.91M
Top Destination Growth (2022 -  2023)Germany$7.53M

Between 2022 and 2023, the exports of Silver nitrate grew the fastest in Germany ($8.91M), Spain ($6.05M), United States ($2.04M), Bulgaria ($1.61M), and Italy ($972k).

Between 2022 and 2023, the fastest growing importers of Silver nitrate were Germany ($7.53M), Singapore ($5.3M), France ($4.34M), Czechia ($3.18M), and Spain ($2.71M).

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Exporters of Silver nitrate (2022 - 2023)

Importers of Silver nitrate (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Silver nitrate.

In 2023, market concentration measured using Shannon Entropy, was 3.01. This means that most of the exports of Silver nitrate are explained by 8 countries.

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Value of Exports in Silver nitrate

Net Trade

TOP NET EXPORTER (2023)United Kingdom$71.9M
TOP NET IMPORTER (2023)Singapore$16.7M

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

In 2023, the countries that had a largest trade value in exports than in imports of Silver nitrate were United Kingdom ($71.9M), United States ($22.8M), Bulgaria ($4.94M), North Macedonia ($1.49M), and China ($1.09M).

In 2023, the countries that had a largest trade value in imports than in exports of Silver nitrate were Singapore ($16.7M), Netherlands ($12M), Czechia ($11.5M), France ($7.54M), and Brazil ($5.72M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Silver nitrate 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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