HS Icon Unsaturated Acyclic Monocarboxylic Acids

2916 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Unsaturated Acyclic Monocarboxylic Acids. In 2020, Unsaturated Acyclic Monocarboxylic Acids were the world's 334th most traded product, with a total trade of $8.98B. Between 2019 and 2020 the exports of Unsaturated Acyclic Monocarboxylic Acids decreased by -12.2%, from $10.2B to $8.98B. Trade in Unsaturated Acyclic Monocarboxylic Acids represent 0.054% 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 2020 the top exporters of Unsaturated Acyclic Monocarboxylic Acids  were China ($1.67B), Germany ($943M), United States ($847M), Saudi Arabia ($597M), and Japan ($593M).

Imports In 2020 the top importers of Unsaturated Acyclic Monocarboxylic Acids were United States ($903M), China ($664M), India ($628M), Germany ($548M), and Netherlands ($519M).

Tariffs In 2018 the average tariff for Unsaturated Acyclic Monocarboxylic Acids was 4.21%, making it the 968th lowest tariff using the HS4 product classification.

Ranking Unsaturated Acyclic Monocarboxylic Acids ranks 124th 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.

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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.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): China, $1.67B

Top Destination (2020): United States, $903M

Unsaturated Acyclic Monocarboxylic Acids are the world's 334th most traded product.

In 2020, the top exporters of Unsaturated Acyclic Monocarboxylic Acids were China ($1.67B), Germany ($943M), United States ($847M), Saudi Arabia ($597M), and Japan ($593M).

In 2020, the top importers of Unsaturated Acyclic Monocarboxylic Acids were United States ($903M), China ($664M), India ($628M), Germany ($548M), and Netherlands ($519M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Eswatini, $23.7M

Top Destination Growth (2019 - 2020): China, $24.4M

Between 2019 and 2020, the exports of Unsaturated Acyclic Monocarboxylic Acids grew the fastest in Eswatini ($23.7M), Singapore ($14.4M), Mexico ($7.08M), Israel ($5.23M), and United Arab Emirates ($4.89M).

Between 2019 and 2020, the fastest growing importers of Unsaturated Acyclic Monocarboxylic Acids were China ($24.4M), Kenya ($22.8M), Russia ($6.1M), Austria ($5.08M), and Denmark ($4.68M).

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Market Concentration

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Cumulative market share

Value

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

In 2020,  market concentration measured using Shannon Entropy, was 4.22. This means that most of the exports of Unsaturated Acyclic Monocarboxylic Acids are explained by 18 countries.

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TOP NET EXPORTER (2020): China, $1.01B

TOP NET IMPORTER (2020): India, $283M

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 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Unsaturated Acyclic Monocarboxylic Acids were China ($1.01B), Saudi Arabia ($574M), Germany ($395M), Japan ($356M), and United Kingdom ($195M).

In 2020, the countries that had a largest trade value in imports than in exports of Unsaturated Acyclic Monocarboxylic Acids were India ($283M), Turkey ($269M), Brazil ($203M), Spain ($189M), and Canada ($157M).

Disaggregation

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Value

In 2020, the world most traded Unsaturated Acyclic Monocarboxylic Acids, disaggragated by their HS6 level were Acrylic acid esters ($2.4B), Methacrylic acid esters ($2.33B), Unsaturated acyclic monocarboxylic acids, derivatives ($945M), Aromatic monocarboxylic acids and derivatives, nes ($817M), and Acrylic acid, salts ($706M)

Country Comparison

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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.

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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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.