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291619 (Harmonized System 1992 for 6-digit)

2023
World Trade $890MRnk 2243 / 4644
2023
Top Exporter | Top Importer $421M | $180MChina | United States
2023
Product Complexity 1.4Rnk 241 / 4656
2022 - 2023
Export Growth (CAGR) -28.2%Rnk 4159 / 4644
2023
Share of World Trade 0.0039%Rnk 2243 / 4644

About

Overview This page contains the latest trade data of Unsaturated acyclic monocarboxylic acids, derivatives. In 2023, Unsaturated acyclic monocarboxylic acids, derivatives were the world's 2243rd most traded product, with a total trade of $890M. Between 2022 and 2023 the exports of Unsaturated acyclic monocarboxylic acids, derivatives decreased by -28.2%, from $1.24B to $890M. Trade in Unsaturated acyclic monocarboxylic acids, derivatives represent 0.0039% of total world trade.

Unsaturated acyclic monocarboxylic acids, derivatives are a part of Unsaturated Acyclic Monocarboxylic Acids.

Exports In 2023 the top exporters of Unsaturated acyclic monocarboxylic acids, derivatives  were China ($421M), Germany ($133M), India ($75.9M), United Kingdom ($49.1M), and United States ($43.1M).

Imports In 2023 the top importers of Unsaturated acyclic monocarboxylic acids, derivatives were United States ($180M), Netherlands ($60.8M), South Korea ($51.5M), India ($39.1M), and Germany ($35.7M).

Ranking Unsaturated acyclic monocarboxylic acids, derivatives ranks 241st in the Product Complexity Index (PCI).

Description Unsaturated acyclic monocarboxylic acids are found in products such as perfumes, cosmetics, and anti-freeze. They are also used as solvents in the production of other chemicals.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Unsaturated acyclic monocarboxylic acids, derivatives. 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$421M
Top Destination (2023)United States$180M

In 2023 Unsaturated acyclic monocarboxylic acids, derivatives were the world's 2243rd most traded product (out of 4,644).

In 2023, the top exporters of Unsaturated acyclic monocarboxylic acids, derivatives were China ($421M), Germany ($133M), India ($75.9M), United Kingdom ($49.1M), and United States ($43.1M).

In 2023, the top importers of Unsaturated acyclic monocarboxylic acids, derivatives were United States ($180M), Netherlands ($60.8M), South Korea ($51.5M), India ($39.1M), and Germany ($35.7M).

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Exporters of Unsaturated acyclic monocarboxylic acids, derivatives (2023)
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Importers of Unsaturated acyclic monocarboxylic acids, derivatives (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Chinese Taipei$5.89M
Top Destination Growth (2022 -  2023)Ireland$15.6M

Between 2022 and 2023, the exports of Unsaturated acyclic monocarboxylic acids, derivatives grew the fastest in Chinese Taipei ($5.89M), Singapore ($4.07M), United States ($3.66M), United Kingdom ($2.14M), and Belgium ($1.48M).

Between 2022 and 2023, the fastest growing importers of Unsaturated acyclic monocarboxylic acids, derivatives were Ireland ($15.6M), New Zealand ($7.61M), Ukraine ($2.19M), Austria ($1.05M), and United Arab Emirates ($860k).

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Exporters of Unsaturated acyclic monocarboxylic acids, derivatives (2022 - 2023)

Importers of Unsaturated acyclic monocarboxylic acids, derivatives (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Unsaturated acyclic monocarboxylic acids, derivatives.

In 2023, market concentration measured using Shannon Entropy, was 2.87. This means that most of the exports of Unsaturated acyclic monocarboxylic acids, derivatives are explained by 7 countries.

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Value of Exports in Unsaturated acyclic monocarboxylic acids, derivatives

Net Trade

TOP NET EXPORTER (2023)China$395M
TOP NET IMPORTER (2023)United States$137M

This map shows which countries export or import more of Unsaturated acyclic monocarboxylic acids, derivatives. Each country is colored based on the difference in exports and imports of Unsaturated acyclic monocarboxylic acids, derivatives during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Unsaturated acyclic monocarboxylic acids, derivatives were China ($395M), Germany ($97.2M), India ($36.8M), Chinese Taipei ($34.2M), and United Kingdom ($31.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Unsaturated acyclic monocarboxylic acids, derivatives were United States ($137M), Netherlands ($49.9M), South Korea ($45.3M), Brazil ($29.8M), and Canada ($25.7M).

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 Unsaturated acyclic monocarboxylic acids, derivatives.
It is possible to select the main countries that export or import Unsaturated acyclic monocarboxylic acids, derivatives in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Unsaturated acyclic monocarboxylic acids, derivatives 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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