HS Icon Water Soluble Proteins

Albumins (including concentrates of two or more whey proteins, containing by weight more than 80% whey proteins, calculated on the dry matter), albuminates and other albumin derivatives

3502 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Water Soluble Proteins. In 2021, Water Soluble Proteins were the world's 691st most traded product, with a total trade of $2.68B. Between 2020 and 2021 the exports of Water Soluble Proteins grew by 45.8%, from $1.84B to $2.68B. Trade in Water Soluble Proteins represent 0.013% of total world trade.

Water Soluble Proteins are a part of Glues, starches, & albuminoid products. They include Albumins nes, albuminates & other albumin derivatives and Egg albumin.

Exports In 2021 the top exporters of Water Soluble Proteins  were United States ($543M), Germany ($375M), Netherlands ($373M), New Zealand ($331M), and United Kingdom ($163M).

Imports In 2021 the top importers of Water Soluble Proteins were China ($393M), Japan ($344M), Germany ($170M), Netherlands ($154M), and United Kingdom ($148M).

Tariffs In 2018 the average tariff for Water Soluble Proteins was 9.72%, making it the 434th lowest tariff using the HS4 product classification.

Ranking Water Soluble Proteins ranks 445th in the Product Complexity Index (PCI).

Description Albumins are used in the food industry as a substitute for eggs, egg whites, and dairy products. Albumins are also used in the medical field to help with burns, wounds, and for immune system support.

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The following visualization shows the latest trends on Water Soluble Proteins. 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 (2021): United States, $543M

Top Destination (2021): China, $393M

Water Soluble Proteins are the world's 691st most traded product.

In 2021, the top exporters of Water Soluble Proteins were United States ($543M), Germany ($375M), Netherlands ($373M), New Zealand ($331M), and United Kingdom ($163M).

In 2021, the top importers of Water Soluble Proteins were China ($393M), Japan ($344M), Germany ($170M), Netherlands ($154M), and United Kingdom ($148M).

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Market Dynamics

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Trade by country

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Top Origin Growth (2020 -  2021): New Zealand, $133M

Top Destination Growth (2020 -  2021): Japan, $142M

Between 2020 and 2021, the exports of Water Soluble Proteins grew the fastest in New Zealand ($133M), United States ($113M), Germany ($110M), Netherlands ($97.4M), and United Kingdom ($93.3M).

Between 2020 and 2021, the fastest growing importers of Water Soluble Proteins were Japan ($142M), China ($102M), India ($91.3M), Poland ($70.4M), and United States ($56.6M).

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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 Water Soluble Proteins.

In 2021, market concentration measured using Shannon Entropy, was 3.67. This means that most of the exports of Water Soluble Proteins are explained by 12 countries.

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TOP NET EXPORTER (2021): United States, $396M

TOP NET IMPORTER (2021): China, $384M

This map shows which countries export or import more of Water Soluble Proteins. Each country is colored based on the difference in exports and imports of Water Soluble Proteins during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Water Soluble Proteins were United States ($396M), New Zealand ($320M), Netherlands ($219M), Germany ($205M), and Denmark ($115M).

In 2021, the countries that had a largest trade value in imports than in exports of Water Soluble Proteins were China ($384M), Japan ($343M), India ($129M), Canada ($97.6M), and South Korea ($72.6M).

Disaggregation

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Value

In 2021, the world most traded Water Soluble Proteins, disaggragated by their HS6 level were Albumins nes, albuminates & other albumin... ($2.33B) and Egg albumin ($342M)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Water Soluble Proteins.
It is possible to select the main countries that export or import Water Soluble Proteins 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 Water Soluble Proteins to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.