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291539 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.97BRnk 1444 / 4644
2023
Top Exporter | Top Importer $906M | $348MChina | Singapore
2023
Product Complexity 0.6Rnk 1484 / 4656
2022 - 2023
Export Growth (CAGR) -13.6%Rnk 3102 / 4644
2023
Share of World Trade 0.0087%Rnk 1444 / 4644

About

Overview This page contains the latest trade data of Acetic acid esters nes. In 2023, Acetic acid esters nes were the world's 1444th most traded product, with a total trade of $1.97B. Between 2022 and 2023 the exports of Acetic acid esters nes decreased by -13.6%, from $2.28B to $1.97B. Trade in Acetic acid esters nes represent 0.0087% of total world trade.

Acetic acid esters nes are a part of Saturated Acyclic Monocarboxylic Acids.

Exports In 2023 the top exporters of Acetic acid esters nes  were China ($906M), United States ($167M), Germany ($149M), Belgium ($122M), and India ($109M).

Imports In 2023 the top importers of Acetic acid esters nes were Singapore ($348M), South Korea ($125M), United States ($112M), Germany ($102M), and India ($91.2M).

Ranking Acetic acid esters nes ranks 1484th in the Product Complexity Index (PCI).

Description Acetic acid esters, such as ethyl acetate, are common solvents in the laboratory setting. They are also used in the production of some plastics.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Acetic acid esters nes. 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$906M
Top Destination (2023)Singapore$348M

In 2023 Acetic acid esters nes were the world's 1444th most traded product (out of 4,644).

In 2023, the top exporters of Acetic acid esters nes were China ($906M), United States ($167M), Germany ($149M), Belgium ($122M), and India ($109M).

In 2023, the top importers of Acetic acid esters nes were Singapore ($348M), South Korea ($125M), United States ($112M), Germany ($102M), and India ($91.2M).

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Exporters of Acetic acid esters nes (2023)
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Importers of Acetic acid esters nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Switzerland$5.73M
Top Destination Growth (2022 -  2023)Singapore$217M

Between 2022 and 2023, the exports of Acetic acid esters nes grew the fastest in Switzerland ($5.73M), Singapore ($3.86M), Malaysia ($3.13M), Greece ($2.02M), and Netherlands ($1.59M).

Between 2022 and 2023, the fastest growing importers of Acetic acid esters nes were Singapore ($217M), Belgium ($11.4M), Greece ($2.02M), Mali ($846k), and New Zealand ($826k).

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Exporters of Acetic acid esters nes (2022 - 2023)

Importers of Acetic acid esters nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Acetic acid esters nes.

In 2023, market concentration measured using Shannon Entropy, was 3.09. This means that most of the exports of Acetic acid esters nes are explained by 8 countries.

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Value of Exports in Acetic acid esters nes

Net Trade

TOP NET EXPORTER (2023)China$873M
TOP NET IMPORTER (2023)Singapore$337M

This map shows which countries export or import more of Acetic acid esters nes. Each country is colored based on the difference in exports and imports of Acetic acid esters nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Acetic acid esters nes were China ($873M), Belgium ($82.5M), Chinese Taipei ($80.7M), United States ($54.3M), and Germany ($46.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Acetic acid esters nes were Singapore ($337M), South Korea ($110M), Vietnam ($67M), Mexico ($59.6M), and Italy ($51.3M).

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 Acetic acid esters nes.
It is possible to select the main countries that export or import Acetic acid esters nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Acetic acid esters nes 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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