Scented Mixtures3302 (Harmonized System 1992 for 4-digit)
World Trade (2019): $26.1B, Rnk 145 / 1217
Top Exporter (2019): $8.68B, Ireland
Top Importer (2019): $3.14B, United States
Product Complexity (2019): 0.39, Rnk 391 / 961
Export Growth (CAGR)(2018 - 2019): 0.53%, Rnk 354 / 1217
Mean Tariff (2018): 7.58%, Rnk 579 / 1259
Share of World Trade (2019): 0.14%, Rnk 145 / 1217
Overview: This page contains the latest trade data of Scented Mixtures. In 2019, Scented Mixtures were the world's 145th most traded product, with a total trade of $26.1B. Between 2018 and 2019 the exports of Scented Mixtures grew by 0.53%, from $25.9B to $26.1B. Trade in Scented Mixtures represent 0.14% of total world trade.
Exports: In 2019 the top exporters of Scented Mixtures were Ireland ($8.68B), France ($2.28B), Germany ($2.22B), United States ($2.15B), and Singapore ($1.78B).
Imports: In 2019 the top importers of Scented Mixtures were United States ($3.14B), Mexico ($1.61B), France ($1.58B), Germany ($1.52B), and United Kingdom ($1.08B).
Tariffs: In 2018 the average tariff for Scented Mixtures was 7.58%, making it the 579th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Scented Mixtures are Egypt (507%), Indonesia (77.1%), Bahamas (41%), Romania (35.5%), and Bermuda (25%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Hong Kong (0%), Japan (0%), and Maldives (0%).
Ranking: Scented Mixtures ranks 391st in the Product Complexity Index (PCI).
Description: Mixtures of odoriferous substances and mixtures, incl. alcoholic solutions, based on one or more of these substances, of a kind used as raw materials in industry; other preparations based on odoriferous substances, of a kind used for the manufacture of beverages are used in the food and beverage industry.
Trade By Country
Top Origin (2019): Ireland, $8.68B
Top Destination (2019): United States, $3.14B
Scented Mixtures are the world's 145th most traded product.
In 2019, the top exporters of Scented Mixtures were Ireland ($8.68B), France ($2.28B), Germany ($2.22B), United States ($2.15B), and Singapore ($1.78B).
In 2019, the top importers of Scented Mixtures were United States ($3.14B), Mexico ($1.61B), France ($1.58B), Germany ($1.52B), and United Kingdom ($1.08B).
Trade by country
Top Origin Growth (2018 - 2019): Singapore, $158M
Top Destination Growth (2018 - 2019): United States, $109M
Between 2018 and 2019, the exports of Scented Mixtures grew the fastest in Singapore ($158M), Germany ($65.3M), Malaysia ($36.5M), Turkey ($34.7M), and India ($34.7M).
Between 2018 and 2019, the fastest growing importers of Scented Mixtures were United States ($109M), United Arab Emirates ($52.5M), Mexico ($47.1M), Vietnam ($46.9M), and Philippines ($38.8M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Scented Mixtures.
In 2019, market concentration measured using Shannon Entropy, was 3.75. This means that most of the exports of Scented Mixtures are explained by 13 countries.
This map shows which countries export or import more of Scented Mixtures. Each country is colored based on the difference in exports and imports of Scented Mixtures during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Scented Mixtures were Ireland ($8.4B), Singapore ($1.61B), Switzerland ($1.43B), France ($704M), and Germany ($692M).
In 2019, the countries that had a largest trade value in imports than in exports of Scented Mixtures were Mexico ($1.39B), United States ($990M), Poland ($642M), Russia ($631M), and Italy ($588M).
In 2019, the world most traded Scented Mixtures, disaggragated by their HS6 level were Mixed odoriferous substances - food &... ($17.2B) and Mixed odoriferous substances - industrial use... ($8.9B)
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.
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