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Acids; unsaturated acyclic monocarboxylic, cyclic monocarboxylic, their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives

2916 (Harmonized System 1992 for 4-digit)

2023
World Trade $10.1BRnk 364 / 1217
2023
Top Exporter | Top Importer $2.33B | $999MChina | United States
2023
Product Complexity 1.23Rnk 95 / 1044
2022 - 2023
Export Growth (CAGR) -28.5%Rnk 1142 / 1217
2023
Share of World Trade 0.044%Rnk 364 / 1217

About

Overview This page contains the latest trade data of Unsaturated Acyclic Monocarboxylic Acids. In 2023, Unsaturated Acyclic Monocarboxylic Acids were the world's 364th most traded product, with a total trade of $10.1B. Between 2022 and 2023 the exports of Unsaturated Acyclic Monocarboxylic Acids decreased by -28.5%, from $14.1B to $10.1B. Trade in Unsaturated Acyclic Monocarboxylic Acids represent 0.044% of total world trade.

Unsaturated Acyclic Monocarboxylic Acids are a part of Organic chemicals. They include Acrylic acid esters, Methacrylic acid esters, Acrylic acid, salts, Aromatic monocarboxylic acids and derivatives, nes, Unsaturated acyclic monocarboxylic acids, derivatives, Cyclan-/cyclen-/cycloterpen-monocarboxylic acid/deriv, Benzoic acid, its salts & esters, Methacrylic acid, salts, Oleic,linoleic or linolenic acids, salts & esters, and Benzoyl peroxide and benzoyl chloride, among others.

Exports In 2023 the top exporters of Unsaturated Acyclic Monocarboxylic Acids  were China ($2.33B), Germany ($1.06B), United States ($778M), Belgium ($686M), and Saudi Arabia ($631M).

Imports In 2023 the top importers of Unsaturated Acyclic Monocarboxylic Acids were United States ($999M), India ($887M), Germany ($658M), Netherlands ($587M), and France ($468M).

Ranking Unsaturated Acyclic Monocarboxylic Acids ranks 95th in the Product Complexity Index (PCI).

Description Unsaturated acyclic monocarboxylic acids are used as plasticizers, solvents, and lubricants. Cyclic monocarboxylic acids are used as solvents and plasticizers. Their anhydrides are used as catalysts. Halides, peroxides, and peroxyacids are used as bleaching agents, disinfectants, and sterilizing agents. Halogenated, sulphonated, nitrated or nitrosated derivatives are used as pesticides.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Unsaturated Acyclic Monocarboxylic Acids. 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$2.33B
Top Destination (2023)United States$999M

In 2023 Unsaturated Acyclic Monocarboxylic Acids were the world's 364th most traded product (out of 1,217).

In 2023, the top exporters of Unsaturated Acyclic Monocarboxylic Acids were China ($2.33B), Germany ($1.06B), United States ($778M), Belgium ($686M), and Saudi Arabia ($631M).

In 2023, the top importers of Unsaturated Acyclic Monocarboxylic Acids were United States ($999M), India ($887M), Germany ($658M), Netherlands ($587M), and France ($468M).

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Exporters of Unsaturated Acyclic Monocarboxylic Acids (2023)
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Importers of Unsaturated Acyclic Monocarboxylic Acids (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Australia$8.62M
Top Destination Growth (2022 -  2023)Ireland$15.9M

Between 2022 and 2023, the exports of Unsaturated Acyclic Monocarboxylic Acids grew the fastest in Australia ($8.62M), South Africa ($5.27M), Rwanda ($3.36M), Sweden ($1.32M), and Ukraine ($565k).

Between 2022 and 2023, the fastest growing importers of Unsaturated Acyclic Monocarboxylic Acids were Ireland ($15.9M), Hong Kong ($8.68M), Zimbabwe ($7.58M), Slovakia ($5M), and Guatemala ($3.05M).

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Exporters of Unsaturated Acyclic Monocarboxylic Acids (2022 - 2023)

Importers of Unsaturated Acyclic Monocarboxylic Acids (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Unsaturated Acyclic Monocarboxylic Acids.

In 2023, market concentration measured using Shannon Entropy, was 4.1. This means that most of the exports of Unsaturated Acyclic Monocarboxylic Acids are explained by 17 countries.

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Value of Exports in Unsaturated Acyclic Monocarboxylic Acids

Net Trade

TOP NET EXPORTER (2023)China$1.89B
TOP NET IMPORTER (2023)India$446M

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

In 2023, the countries that had a largest trade value in exports than in imports of Unsaturated Acyclic Monocarboxylic Acids were China ($1.89B), Saudi Arabia ($601M), Germany ($404M), Japan ($298M), and Belgium ($294M).

In 2023, the countries that had a largest trade value in imports than in exports of Unsaturated Acyclic Monocarboxylic Acids were India ($446M), Turkey ($399M), Brazil ($235M), Spain ($229M), and United States ($221M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Unsaturated Acyclic Monocarboxylic Acids, disaggragated by their HS6 level were Acrylic acid esters ($3.23B), Methacrylic acid esters ($2.37B), Unsaturated acyclic monocarboxylic acids, derivatives ($890M), Aromatic monocarboxylic acids and derivatives, nes ($822M), and Acrylic acid, salts ($768M)

HS6 Disaggregation for Unsaturated Acyclic Monocarboxylic Acids (2023)
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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 Unsaturated Acyclic Monocarboxylic Acids.
It is possible to select the main countries that export or import Unsaturated Acyclic Monocarboxylic Acids in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Unsaturated Acyclic Monocarboxylic Acids by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $162M
TOP IMPORT POTENTIALIndia+ $47.4M

Unsaturated Acyclic Monocarboxylic Acids’s highest export potential is India. With an export gap of $162M.  Unsaturated Acyclic Monocarboxylic Acids’s highest import potential is India with an import gap of $47.4M.

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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 (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Unsaturated Acyclic Monocarboxylic Acids.

Country by Relatedness

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

Relative Relatedness by Country (2023)

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