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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)

2023
World Trade $2.92BRnk 673 / 1217
2023
Top Exporter | Top Importer $670M | $401MUnited States | Japan
2023
Product Complexity 0.38Rnk 422 / 1044
2022 - 2023
Export Growth (CAGR) -16.4%Rnk 948 / 1217
2023
Share of World Trade 0.013%Rnk 673 / 1217

About

Overview This page contains the latest trade data of Water Soluble Proteins. In 2023, Water Soluble Proteins were the world's 673rd most traded product, with a total trade of $2.92B. Between 2022 and 2023 the exports of Water Soluble Proteins decreased by -16.4%, from $3.49B to $2.92B. 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 2023 the top exporters of Water Soluble Proteins  were United States ($670M), Germany ($371M), Netherlands ($331M), New Zealand ($252M), and Denmark ($235M).

Imports In 2023 the top importers of Water Soluble Proteins were Japan ($401M), China ($351M), Netherlands ($208M), United Kingdom ($188M), and Germany ($159M).

Ranking Water Soluble Proteins ranks 422nd 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.

Latest Trends

Latest Data

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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.

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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)United States$670M
Top Destination (2023)Japan$401M

In 2023 Water Soluble Proteins were the world's 673rd most traded product (out of 1,217).

In 2023, the top exporters of Water Soluble Proteins were United States ($670M), Germany ($371M), Netherlands ($331M), New Zealand ($252M), and Denmark ($235M).

In 2023, the top importers of Water Soluble Proteins were Japan ($401M), China ($351M), Netherlands ($208M), United Kingdom ($188M), and Germany ($159M).

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Exporters of Water Soluble Proteins (2023)
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Importers of Water Soluble Proteins (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Australia$13.3M
Top Destination Growth (2022 -  2023)Portugal$14.8M

Between 2022 and 2023, the exports of Water Soluble Proteins grew the fastest in Australia ($13.3M), India ($4.3M), Slovakia ($3.34M), Belgium ($3.16M), and Spain ($2.57M).

Between 2022 and 2023, the fastest growing importers of Water Soluble Proteins were Portugal ($14.8M), Chile ($8.76M), Ireland ($8.63M), Netherlands ($6.63M), and Egypt ($5.88M).

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Exporters of Water Soluble Proteins (2022 - 2023)

Importers of Water Soluble Proteins (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Water Soluble Proteins.

In 2023, market concentration measured using Shannon Entropy, was 3.75. This means that most of the exports of Water Soluble Proteins are explained by 13 countries.

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Value of Exports in Water Soluble Proteins

Net Trade

TOP NET EXPORTER (2023)United States$538M
TOP NET IMPORTER (2023)Japan$400M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Water Soluble Proteins were United States ($538M), New Zealand ($232M), Germany ($212M), Denmark ($158M), and Netherlands ($123M).

In 2023, the countries that had a largest trade value in imports than in exports of Water Soluble Proteins were Japan ($400M), China ($339M), Canada ($121M), India ($113M), and Brazil ($94.9M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Water Soluble Proteins, disaggragated by their HS6 level were Albumins nes, albuminates & other albumin... ($2.4B) and Egg albumin ($516M)

HS6 Disaggregation for Water Soluble Proteins (2023)
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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.

Top 10 Exporters Countries of Water Soluble Proteins by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $6.35M
TOP IMPORT POTENTIALGermany+ $4.16M

Water Soluble Proteins’s highest export potential is Germany. With an export gap of $6.35M.  Water Soluble Proteins’s highest import potential is Germany with an import gap of $4.16M.

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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)

Country by Relatedness

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.

Relative Relatedness by Country (2023)

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