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130219 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.57BRnk 981 / 4644
2023
Top Exporter | Top Importer $1.02B | $901MChina | United States
2023
Product Complexity -0.97Rnk 3786 / 4656
2022 - 2023
Export Growth (CAGR) -7.29%Rnk 2389 / 4644
2023
Share of World Trade 0.016%Rnk 981 / 4644

About

Overview This page contains the latest trade data of Vegetable saps and extracts nes. In 2023, Vegetable saps and extracts nes were the world's 981st most traded product, with a total trade of $3.57B. Between 2022 and 2023 the exports of Vegetable saps and extracts nes decreased by -7.29%, from $3.85B to $3.57B. Trade in Vegetable saps and extracts nes represent 0.016% of total world trade.

Vegetable saps and extracts nes are a part of Vegetable Saps.

Exports In 2023 the top exporters of Vegetable saps and extracts nes  were China ($1.02B), India ($540M), France ($333M), Spain ($232M), and United States ($207M).

Imports In 2023 the top importers of Vegetable saps and extracts nes were United States ($901M), Germany ($231M), South Korea ($174M), Hong Kong ($171M), and Italy ($155M).

Ranking Vegetable saps and extracts nes ranks 3786th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Vegetable saps and extracts nes. 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$1.02B
Top Destination (2023)United States$901M

In 2023 Vegetable saps and extracts nes were the world's 981st most traded product (out of 4,644).

In 2023, the top exporters of Vegetable saps and extracts nes were China ($1.02B), India ($540M), France ($333M), Spain ($232M), and United States ($207M).

In 2023, the top importers of Vegetable saps and extracts nes were United States ($901M), Germany ($231M), South Korea ($174M), Hong Kong ($171M), and Italy ($155M).

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Exporters of Vegetable saps and extracts nes (2023)
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Importers of Vegetable saps and extracts nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$14.1M
Top Destination Growth (2022 -  2023)Hong Kong$60.9M

Between 2022 and 2023, the exports of Vegetable saps and extracts nes grew the fastest in Spain ($14.1M), Germany ($12.7M), Laos ($4.81M), Kenya ($4.42M), and Chile ($4.25M).

Between 2022 and 2023, the fastest growing importers of Vegetable saps and extracts nes were Hong Kong ($60.9M), Netherlands ($23.8M), Vietnam ($22.3M), Spain ($19.7M), and Laos ($9.11M).

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Exporters of Vegetable saps and extracts nes (2022 - 2023)

Importers of Vegetable saps and extracts nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vegetable saps and extracts nes.

In 2023, market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Vegetable saps and extracts nes are explained by 15 countries.

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Value of Exports in Vegetable saps and extracts nes

Net Trade

TOP NET EXPORTER (2023)China$890M
TOP NET IMPORTER (2023)United States$694M

This map shows which countries export or import more of Vegetable saps and extracts nes. Each country is colored based on the difference in exports and imports of Vegetable saps and extracts nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Vegetable saps and extracts nes were China ($890M), India ($487M), France ($202M), Spain ($103M), and Mexico ($28.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Vegetable saps and extracts nes were United States ($694M), Hong Kong ($159M), South Korea ($131M), Japan ($100M), and Netherlands ($67.9M).

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 Vegetable saps and extracts nes.
It is possible to select the main countries that export or import Vegetable saps and extracts nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vegetable saps and extracts nes 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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