Alginic acid, its salts & esters, in primary forms

391310 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Alginic acid, its salts & esters. In 2023, Alginic acid, its salts & esters were the world's 2958th most traded product, with a total trade of $451M. Between 2022 and 2023 the exports of Alginic acid, its salts & esters decreased by -8.7%, from $494M to $451M. Trade in Alginic acid, its salts & esters represent 0.002% of total world trade.

Alginic acid, its salts & esters are a part of Natural Polymers.

Exports In 2023 the top exporters of Alginic acid, its salts & esters  were China ($151M), Norway ($81.1M), France ($39.5M), Chile ($28.9M), and Japan ($26.8M).

Imports In 2023 the top importers of Alginic acid, its salts & esters were United States ($55.9M), Italy ($31M), Japan ($25.2M), Germany ($24M), and Netherlands ($22.9M).

Ranking Alginic acid, its salts & esters ranks 2713th in the Product Complexity Index (PCI).

Description Alginic acid is used as an emulsifier and stabilizing agent in food and for pharmaceutical purposes, with its salts and esters used in the same way as alginic acid.

Latest Data

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The following visualization shows the latest trends on Alginic acid, its salts & esters. 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$151M
Top Destination (2023)United States$55.9M

In 2023 Alginic acid, its salts & esters were the world's 2958th most traded product (out of 4,644).

In 2023, the top exporters of Alginic acid, its salts & esters were China ($151M), Norway ($81.1M), France ($39.5M), Chile ($28.9M), and Japan ($26.8M).

In 2023, the top importers of Alginic acid, its salts & esters were United States ($55.9M), Italy ($31M), Japan ($25.2M), Germany ($24M), and Netherlands ($22.9M).

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Exporters of Alginic acid, its salts & esters (2023)
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Importers of Alginic acid, its salts & esters (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Norway$11.6M
Top Destination Growth (2022 -  2023)Japan$13.7M

Between 2022 and 2023, the exports of Alginic acid, its salts & esters grew the fastest in Norway ($11.6M), Spain ($3.63M), Netherlands ($2.8M), India ($2.74M), and France ($2.72M).

Between 2022 and 2023, the fastest growing importers of Alginic acid, its salts & esters were Japan ($13.7M), Germany ($10.9M), Denmark ($5.71M), Ireland ($1.78M), and Algeria ($1.5M).

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Exporters of Alginic acid, its salts & esters (2022 - 2023)

Importers of Alginic acid, its salts & esters (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Alginic acid, its salts & esters.

In 2023, market concentration measured using Shannon Entropy, was 3.39. This means that most of the exports of Alginic acid, its salts & esters are explained by 10 countries.

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Value of Exports in Alginic acid, its salts & esters

Net Trade

TOP NET EXPORTER (2023)China$149M
TOP NET IMPORTER (2023)United States$47.1M

This map shows which countries export or import more of Alginic acid, its salts & esters. Each country is colored based on the difference in exports and imports of Alginic acid, its salts & esters during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Alginic acid, its salts & esters were China ($149M), Norway ($80.6M), Chile ($27.5M), France ($23.2M), and Spain ($5.81M).

In 2023, the countries that had a largest trade value in imports than in exports of Alginic acid, its salts & esters were United States ($47.1M), Italy ($25.8M), Turkey ($15.9M), Thailand ($14.4M), and Denmark ($13.6M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Alginic acid, its salts & esters.
It is possible to select the main countries that export or import Alginic acid, its salts & esters in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Alginic acid, its salts & esters 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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