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320641 (Harmonized System 1992 for 6-digit)

2023
World Trade $169MRnk 3784 / 4644
2023
Top Exporter | Top Importer $31.3M | $22.2MSpain | United States
2023
Product Complexity -0.71Rnk 3510 / 4656
2022 - 2023
Export Growth (CAGR) -5.72%Rnk 2172 / 4644
2023
Share of World Trade 0.00075%Rnk 3784 / 4644

About

Overview This page contains the latest trade data of Ultramarine and preparations based thereon. In 2023, Ultramarine and preparations based thereon were the world's 3784th most traded product, with a total trade of $169M. Between 2022 and 2023 the exports of Ultramarine and preparations based thereon decreased by -5.72%, from $179M to $169M. Trade in Ultramarine and preparations based thereon represent 0.00075% of total world trade.

Ultramarine and preparations based thereon are a part of Other Coloring Matter.

Exports In 2023 the top exporters of Ultramarine and preparations based thereon  were Spain ($31.3M), France ($29.5M), India ($28.5M), Colombia ($18.3M), and Romania ($10.3M).

Imports In 2023 the top importers of Ultramarine and preparations based thereon were United States ($22.2M), China ($20M), South Korea ($12.7M), Germany ($12M), and Spain ($9.46M).

Ranking Ultramarine and preparations based thereon ranks 3510th in the Product Complexity Index (PCI).

Description Ultramarine is an artificial pigment, deep blue in color. It is often used as a colorant in paints and in inks, as a pigment in ceramics, and as an ingredient in rubber.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Ultramarine and preparations based thereon. 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)Spain$31.3M
Top Destination (2023)United States$22.2M

In 2023 Ultramarine and preparations based thereon were the world's 3784th most traded product (out of 4,644).

In 2023, the top exporters of Ultramarine and preparations based thereon were Spain ($31.3M), France ($29.5M), India ($28.5M), Colombia ($18.3M), and Romania ($10.3M).

In 2023, the top importers of Ultramarine and preparations based thereon were United States ($22.2M), China ($20M), South Korea ($12.7M), Germany ($12M), and Spain ($9.46M).

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Exporters of Ultramarine and preparations based thereon (2023)
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Importers of Ultramarine and preparations based thereon (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$2.62M
Top Destination Growth (2022 -  2023)Brazil$1.41M

Between 2022 and 2023, the exports of Ultramarine and preparations based thereon grew the fastest in Spain ($2.62M), Uzbekistan ($1.9M), China ($1.07M), Belgium ($659k), and Portugal ($474k).

Between 2022 and 2023, the fastest growing importers of Ultramarine and preparations based thereon were Brazil ($1.41M), Turkey ($1.05M), Argentina ($821k), Egypt ($522k), and China ($490k).

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Exporters of Ultramarine and preparations based thereon (2022 - 2023)

Importers of Ultramarine and preparations based thereon (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ultramarine and preparations based thereon.

In 2023, market concentration measured using Shannon Entropy, was 3.71. This means that most of the exports of Ultramarine and preparations based thereon are explained by 13 countries.

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Value of Exports in Ultramarine and preparations based thereon

Net Trade

TOP NET EXPORTER (2023)France$26.8M
TOP NET IMPORTER (2023)United States$18M

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

In 2023, the countries that had a largest trade value in exports than in imports of Ultramarine and preparations based thereon were France ($26.8M), India ($26M), Spain ($21.9M), Colombia ($18M), and Romania ($10M).

In 2023, the countries that had a largest trade value in imports than in exports of Ultramarine and preparations based thereon were United States ($18M), South Korea ($11.5M), China ($11.4M), Germany ($6.93M), and Mexico ($6.59M).

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 Ultramarine and preparations based thereon.
It is possible to select the main countries that export or import Ultramarine and preparations based thereon in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ultramarine and preparations based thereon 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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