Overview:  This page contains the latest trade data of Rosin. In 2019, Rosin were the world's 848th most traded product, with a total trade of $1.29B. Between 2018 and 2019 the exports of Rosin decreased by -15%, from $1.51B to $1.29B. Trade in Rosin represent 0.0071% of total world trade.

Exports: In 2019 the top exporters of Rosin  were China ($214M), United States ($114M), Brazil ($105M), Portugal ($97.3M), and Indonesia ($87.1M).

Imports: In 2019 the top importers of Rosin were Germany ($122M), China ($101M), India ($83M), Japan ($82.7M), and Netherlands ($74.4M).

Tariffs: In 2018 the average tariff for Rosin was 4.34%, making it the 935th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Rosin are Bahamas (40.2%), Bermuda (25%), Bangladesh (19.7%), Azerbaijan (14.4%), and Zambia (13.6%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Rosin ranks 522nd in the Product Complexity Index (PCI).

Description: Rosin is a natural polymer of the terpene abietic acid. It is soluble in alcohol and turpentine, but insoluble in water. Rosin spirit is obtained by distilling rosin with alcohol. Rosin oils are obtained by distilling rosin with petroleum ether or benzene. They are used as solvents for varnishes, paints, lacquers, printing inks, and rubber compounds. Resin acids and derivatives thereof are used in the manufacture of dyes, perfumes, pharmaceuticals, and agricultural chemicals. Run gums are the residue left after rosin has been distilled from wood.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $214M

Top Destination (2019): Germany, $122M

Rosin are the world's 848th most traded product.

In 2019, the top exporters of Rosin were China ($214M), United States ($114M), Brazil ($105M), Portugal ($97.3M), and Indonesia ($87.1M).

In 2019, the top importers of Rosin were Germany ($122M), China ($101M), India ($83M), Japan ($82.7M), and Netherlands ($74.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Kazakhstan, $6.82M

Top Destination Growth (2018 - 2019): Kyrgyzstan, $6.75M

Between 2018 and 2019, the exports of Rosin grew the fastest in Kazakhstan ($6.82M), Philippines ($2.09M), India ($1.41M), South Korea ($1.34M), and Turkey ($903k).

Between 2018 and 2019, the fastest growing importers of Rosin were Kyrgyzstan ($6.75M), Lithuania ($2.99M), Sweden ($1.84M), Nigeria ($1.54M), and Colombia ($1.48M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Rosin.

In 2019,  market concentration measured using Shannon Entropy, was 4.36. This means that most of the exports of Rosin are explained by 20 countries.

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TOP NET EXPORTER (2019): China, $112M

TOP NET IMPORTER (2019): Germany, $94.7M

This map shows which countries export or import more of Rosin. Each country is colored based on the difference in exports and imports of Rosin during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Rosin were China ($112M), Brazil ($96.4M), Indonesia ($75.2M), United States ($59.7M), and Sweden ($56.4M).

In 2019, the countries that had a largest trade value in imports than in exports of Rosin were Germany ($94.7M), India ($74.2M), Japan ($67M), Italy ($46.7M), and South Korea ($43.1M).

Disaggregation

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Value

In 2019, the world most traded Rosin, disaggragated by their HS6 level were Rosin and resin acids ($485M), Resin acids and derivs nes, rosin... ($383M), Ester gums ($376M), and Rosin salts or resin acid salts ($41.6M)

Import Tariffs

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In 2018, the average tariff for importing Rosin was 4.34%. The countries with the highest tariffs for importing Rosin were Bahamas (40.2%), Bermuda (25%), Bangladesh (19.7%), Azerbaijan (14.4%), and Zambia (13.6%).

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 Rosin to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.