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130231 (Harmonized System 1992 for 6-digit)

2022
World Trade $305MRnk 3396 / 4648
2022
Top Exporter | Top Importer $107M | $42.5MChina | Japan
2022
Product Complexity -0.38Rnk 3087 / 4653
2021 - 2022
Export Growth (CAGR) 5.75%Rnk 2132 / 4648
2022
Share of World Trade 0.0013%Rnk 3396 / 4648

About

Overview This page contains the latest trade data of Agar-agar. In 2022, Agar-agar were the world's 3396th most traded product, with a total trade of $305M. Between 2021 and 2022 the exports of Agar-agar grew by 5.75%, from $289M to $305M. Trade in Agar-agar represent 0.0013% of total world trade.

Agar-agar are a part of Vegetable Saps.

Exports In 2022 the top exporters of Agar-agar  were China ($107M), Spain ($43M), Chile ($27.3M), Morocco ($22.9M), and Italy ($22M).

Imports In 2022 the top importers of Agar-agar were Japan ($42.5M), United States ($39.3M), Italy ($27.3M), Spain ($22.1M), and Russia ($19M).

Ranking Agar-agar ranks 3087th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Agar-agar. 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 (2022)China$107M
Top Destination (2022)Japan$42.5M

In 2022 Agar-agar were the world's 3396th most traded product (out of 4,648).

In 2022, the top exporters of Agar-agar were China ($107M), Spain ($43M), Chile ($27.3M), Morocco ($22.9M), and Italy ($22M).

In 2022, the top importers of Agar-agar were Japan ($42.5M), United States ($39.3M), Italy ($27.3M), Spain ($22.1M), and Russia ($19M).

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Exporters of Agar-agar (2022)
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Importers of Agar-agar (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$24.1M
Top Destination Growth (2021 -  2022)Spain$6.62M

Between 2021 and 2022, the exports of Agar-agar grew the fastest in China ($24.1M), India ($727k), Mexico ($714k), Thailand ($624k), and Spain ($474k).

Between 2021 and 2022, the fastest growing importers of Agar-agar were Spain ($6.62M), Japan ($4.93M), United States ($4.28M), Italy ($3.02M), and Thailand ($2.68M).

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Exporters of Agar-agar (2021 - 2022)

Importers of Agar-agar (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Agar-agar.

In 2022, market concentration measured using Shannon Entropy, was 3.34. This means that most of the exports of Agar-agar are explained by 10 countries.

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Value of Exports in Agar-agar

Net Trade

TOP NET EXPORTER (2022)China$92.3M
TOP NET IMPORTER (2022)Japan$41M

This map shows which countries export or import more of Agar-agar. Each country is colored based on the difference in exports and imports of Agar-agar during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Agar-agar were China ($92.3M), Chile ($23.8M), Morocco ($22.4M), Spain ($20.9M), and Indonesia ($11.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Agar-agar were Japan ($41M), United States ($34.1M), Russia ($18.7M), United Kingdom ($10M), and Thailand ($9.97M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Agar-agar.
It is possible to select the main countries that export or import Agar-agar in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Agar-agar 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 (2022)

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