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291736 (Harmonized System 1992 for 6-digit)

2022
World Trade $8.97BRnk 453 / 4648
2022
Top Exporter | Top Importer $2.95B | $1.65BChina | Turkey
2022
Product Complexity 0.68Rnk 1316 / 4653
2021 - 2022
Export Growth (CAGR) 34.1%Rnk 333 / 4648
2022
Share of World Trade 0.038%Rnk 453 / 4648

About

Overview This page contains the latest trade data of Terephthalic acid, its salts. In 2022, Terephthalic acid, its salts were the world's 453rd most traded product, with a total trade of $8.97B. Between 2021 and 2022 the exports of Terephthalic acid, its salts grew by 34.1%, from $6.68B to $8.97B. Trade in Terephthalic acid, its salts represent 0.038% of total world trade.

Terephthalic acid, its salts are a part of Polycarboxylic Acids.

Exports In 2022 the top exporters of Terephthalic acid, its salts  were China ($2.95B), South Korea ($1.43B), Thailand ($928M), Chinese Taipei ($836M), and Belgium ($562M).

Imports In 2022 the top importers of Terephthalic acid, its salts were Turkey ($1.65B), India ($1.41B), Vietnam ($801M), Oman ($594M), and United States ($557M).

Ranking Terephthalic acid, its salts ranks 1316th in the Product Complexity Index (PCI).

Description Terephthalic acid and its salts are used as feedstock for the production of polyesters, such as polyethylene terephthalate (PET). Terephthalic acid and its salts are used as feedstock for the production of polyesters, such as polyethylene terephthalate (PET). What is the number one use of terephthalic acid? The number one use of terephthalic acid is as feedstock for the production of polyesters, such as polyethylene terephthalate (PET).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Terephthalic acid, its 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 (2022)China$2.95B
Top Destination (2022)Turkey$1.65B

In 2022 Terephthalic acid, its salts were the world's 453rd most traded product (out of 4,648).

In 2022, the top exporters of Terephthalic acid, its salts were China ($2.95B), South Korea ($1.43B), Thailand ($928M), Chinese Taipei ($836M), and Belgium ($562M).

In 2022, the top importers of Terephthalic acid, its salts were Turkey ($1.65B), India ($1.41B), Vietnam ($801M), Oman ($594M), and United States ($557M).

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Exporters of Terephthalic acid, its salts (2022)
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Importers of Terephthalic acid, its salts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.34B
Top Destination Growth (2021 -  2022)India$491M

Between 2021 and 2022, the exports of Terephthalic acid, its salts grew the fastest in China ($1.34B), South Korea ($445M), Thailand ($206M), Chinese Taipei ($153M), and Portugal ($140M).

Between 2021 and 2022, the fastest growing importers of Terephthalic acid, its salts were India ($491M), Turkey ($484M), Vietnam ($212M), Oman ($169M), and Lithuania ($167M).

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Exporters of Terephthalic acid, its salts (2021 - 2022)

Importers of Terephthalic acid, its salts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Terephthalic acid, its salts.

In 2022, market concentration measured using Shannon Entropy, was 3.08. This means that most of the exports of Terephthalic acid, its salts are explained by 8 countries.

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Value of Exports in Terephthalic acid, its salts

Net Trade

TOP NET EXPORTER (2022)China$2.89B
TOP NET IMPORTER (2022)Turkey$1.64B

This map shows which countries export or import more of Terephthalic acid, its salts. Each country is colored based on the difference in exports and imports of Terephthalic acid, its salts during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Terephthalic acid, its salts were China ($2.89B), South Korea ($1.42B), Thailand ($927M), Chinese Taipei ($799M), and Portugal ($548M).

In 2022, the countries that had a largest trade value in imports than in exports of Terephthalic acid, its salts were Turkey ($1.64B), India ($1.4B), Oman ($594M), United States ($555M), and Germany ($523M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Terephthalic acid, its 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 (2022)

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