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293626 (Harmonized System 1992 for 6-digit)

2023
World Trade $321MRnk 3282 / 4644
2023
Top Exporter | Top Importer $146M | $56.3MChina | United States
2023
Product Complexity 0.77Rnk 1171 / 4656
2022 - 2023
Export Growth (CAGR) -5.07%Rnk 2111 / 4644
2023
Share of World Trade 0.0014%Rnk 3282 / 4644

About

Overview This page contains the latest trade data of Vitamin B12, derivatives, unmixed. In 2023, Vitamin B12, derivatives, unmixed were the world's 3282nd most traded product, with a total trade of $321M. Between 2022 and 2023 the exports of Vitamin B12, derivatives, unmixed decreased by -5.07%, from $338M to $321M. Trade in Vitamin B12, derivatives, unmixed represent 0.0014% of total world trade.

Vitamin B12, derivatives, unmixed are a part of Vitamins.

Exports In 2023 the top exporters of Vitamin B12, derivatives, unmixed  were China ($146M), France ($59.9M), Netherlands ($22.4M), Spain ($16.2M), and Slovakia ($8.89M).

Imports In 2023 the top importers of Vitamin B12, derivatives, unmixed were United States ($56.3M), India ($31.7M), Japan ($22.9M), Netherlands ($19.9M), and Mexico ($18.9M).

Ranking Vitamin B12, derivatives, unmixed ranks 1171st in the Product Complexity Index (PCI).

Description A vitamin B12 deficiency can cause anemia, fatigue, and nerve damage. Vitamin B12 is often given to people who have been diagnosed with a B12 deficiency, and can also be given to prevent a deficiency. B12 can be found in foods such as meat, eggs, and dairy products.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Vitamin B12, derivatives, unmixed. 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$146M
Top Destination (2023)United States$56.3M

In 2023 Vitamin B12, derivatives, unmixed were the world's 3282nd most traded product (out of 4,644).

In 2023, the top exporters of Vitamin B12, derivatives, unmixed were China ($146M), France ($59.9M), Netherlands ($22.4M), Spain ($16.2M), and Slovakia ($8.89M).

In 2023, the top importers of Vitamin B12, derivatives, unmixed were United States ($56.3M), India ($31.7M), Japan ($22.9M), Netherlands ($19.9M), and Mexico ($18.9M).

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Exporters of Vitamin B12, derivatives, unmixed (2023)
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Importers of Vitamin B12, derivatives, unmixed (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$12.7M
Top Destination Growth (2022 -  2023)Mexico$10.2M

Between 2022 and 2023, the exports of Vitamin B12, derivatives, unmixed grew the fastest in France ($12.7M), Slovakia ($4.53M), Netherlands ($3.31M), Belgium ($1.48M), and Czechia ($1.26M).

Between 2022 and 2023, the fastest growing importers of Vitamin B12, derivatives, unmixed were Mexico ($10.2M), Netherlands ($7.8M), Austria ($5.71M), Japan ($5.09M), and Hungary ($3.39M).

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Exporters of Vitamin B12, derivatives, unmixed (2022 - 2023)

Importers of Vitamin B12, derivatives, unmixed (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vitamin B12, derivatives, unmixed.

In 2023, market concentration measured using Shannon Entropy, was 2.95. This means that most of the exports of Vitamin B12, derivatives, unmixed are explained by 7 countries.

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Value of Exports in Vitamin B12, derivatives, unmixed

Net Trade

TOP NET EXPORTER (2023)China$145M
TOP NET IMPORTER (2023)United States$49.9M

This map shows which countries export or import more of Vitamin B12, derivatives, unmixed. Each country is colored based on the difference in exports and imports of Vitamin B12, derivatives, unmixed during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Vitamin B12, derivatives, unmixed were China ($145M), France ($53.7M), Spain ($10.9M), Netherlands ($2.46M), and Romania ($1.82M).

In 2023, the countries that had a largest trade value in imports than in exports of Vitamin B12, derivatives, unmixed were United States ($49.9M), India ($26.7M), Japan ($17.1M), Mexico ($15.9M), and Austria ($8.2M).

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 Vitamin B12, derivatives, unmixed.
It is possible to select the main countries that export or import Vitamin B12, derivatives, unmixed in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vitamin B12, derivatives, unmixed 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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