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330741 (Harmonized System 1992 for 6-digit)

2023
World Trade $467MRnk 2924 / 4644
2023
Top Exporter | Top Importer $162M | $84.1MChina | Malaysia
2023
Product Complexity -1.53Rnk 4294 / 4656
2022 - 2023
Export Growth (CAGR) 3.39%Rnk 1193 / 4644
2023
Share of World Trade 0.0021%Rnk 2924 / 4644

About

Overview This page contains the latest trade data of Agarbatti, odorifers operated by burning. In 2023, Agarbatti, odorifers operated by burning were the world's 2924th most traded product, with a total trade of $467M. Between 2022 and 2023 the exports of Agarbatti, odorifers operated by burning grew by 3.39%, from $452M to $467M. Trade in Agarbatti, odorifers operated by burning represent 0.0021% of total world trade.

Agarbatti, odorifers operated by burning are a part of Shaving Products.

Exports In 2023 the top exporters of Agarbatti, odorifers operated by burning  were China ($162M), India ($146M), United Arab Emirates ($31.3M), Vietnam ($21.8M), and France ($12.7M).

Imports In 2023 the top importers of Agarbatti, odorifers operated by burning were Malaysia ($84.1M), United States ($40M), Vietnam ($21.7M), Thailand ($19.3M), and Japan ($17.3M).

Ranking Agarbatti, odorifers operated by burning ranks 4294th in the Product Complexity Index (PCI).

Description Agarbatti, also known as incense, is a type of odorifer, or a substance that emits an odor. When burned, agarbatti releases smoke that carries the scent. The common uses of agarbatti are to create a pleasant aroma, ward off insects, and create a spiritual atmosphere.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Agarbatti, odorifers operated by burning. 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$162M
Top Destination (2023)Malaysia$84.1M

In 2023 Agarbatti, odorifers operated by burning were the world's 2924th most traded product (out of 4,644).

In 2023, the top exporters of Agarbatti, odorifers operated by burning were China ($162M), India ($146M), United Arab Emirates ($31.3M), Vietnam ($21.8M), and France ($12.7M).

In 2023, the top importers of Agarbatti, odorifers operated by burning were Malaysia ($84.1M), United States ($40M), Vietnam ($21.7M), Thailand ($19.3M), and Japan ($17.3M).

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Exporters of Agarbatti, odorifers operated by burning (2023)
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Importers of Agarbatti, odorifers operated by burning (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$15.5M
Top Destination Growth (2022 -  2023)Vietnam$19.3M

Between 2022 and 2023, the exports of Agarbatti, odorifers operated by burning grew the fastest in China ($15.5M), United Arab Emirates ($4.02M), Turkey ($3.78M), Thailand ($2.47M), and India ($1.66M).

Between 2022 and 2023, the fastest growing importers of Agarbatti, odorifers operated by burning were Vietnam ($19.3M), Thailand ($14.8M), United Arab Emirates ($2.9M), Iraq ($2.21M), and Chinese Taipei ($2.09M).

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Exporters of Agarbatti, odorifers operated by burning (2022 - 2023)

Importers of Agarbatti, odorifers operated by burning (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Agarbatti, odorifers operated by burning.

In 2023, market concentration measured using Shannon Entropy, was 3.11. This means that most of the exports of Agarbatti, odorifers operated by burning are explained by 8 countries.

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Value of Exports in Agarbatti, odorifers operated by burning

Net Trade

TOP NET EXPORTER (2023)China$157M
TOP NET IMPORTER (2023)Malaysia$73.2M

This map shows which countries export or import more of Agarbatti, odorifers operated by burning. Each country is colored based on the difference in exports and imports of Agarbatti, odorifers operated by burning during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Agarbatti, odorifers operated by burning were China ($157M), India ($142M), United Arab Emirates ($16.5M), France ($5.12M), and Pakistan ($3.37M).

In 2023, the countries that had a largest trade value in imports than in exports of Agarbatti, odorifers operated by burning were Malaysia ($73.2M), United States ($32.2M), Hong Kong ($14.5M), Saudi Arabia ($13.2M), and Chinese Taipei ($12.6M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Agarbatti, odorifers operated by burning 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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