Amine-function compounds

2921 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Amine Compounds. In 2023, Amine Compounds were the world's 348th most traded product, with a total trade of $10.7B. Between 2022 and 2023 the exports of Amine Compounds decreased by -16.3%, from $12.8B to $10.7B. Trade in Amine Compounds represent 0.048% of total world trade.

Amine Compounds are a part of Organic chemicals. They include Hexamethylenediamine & Salts, Acyclic monoamines and derivatives, Aromatic monoamines nes, derivatives, salts thereof, Aniline and its salts, O-,M-,P-phenylenediamine,diaminotoluenes, derivs,salt, Acyclic polyamines and derivatives, Aromatic polyamines nes, derivatives, salts thereof, Cyclanic, cyclenic and cycloterpenic amines, compound, Naphthylamines, derivatives, salts thereof, and Methylamine, di- or trimethylamine, salts, among others.

Exports In 2023 the top exporters of Amine Compounds  were China ($2.57B), United States ($1.67B), Belgium ($1.31B), Germany ($995M), and India ($712M).

Imports In 2023 the top importers of Amine Compounds were Germany ($1.27B), United States ($841M), India ($812M), South Korea ($753M), and Netherlands ($748M).

Ranking Amine Compounds ranks 128th in the Product Complexity Index (PCI).

Description Amine-function compounds are used in a variety of ways, such as in the production of polyurethane foams, adhesives, and surfactants. They are also used as solvents, as chemical intermediates, and as pharmaceuticals.

Latest Data

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The following visualization shows the latest trends on Amine Compounds. 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$2.57B
Top Destination (2023)Germany$1.27B

In 2023 Amine Compounds were the world's 348th most traded product (out of 1,217).

In 2023, the top exporters of Amine Compounds were China ($2.57B), United States ($1.67B), Belgium ($1.31B), Germany ($995M), and India ($712M).

In 2023, the top importers of Amine Compounds were Germany ($1.27B), United States ($841M), India ($812M), South Korea ($753M), and Netherlands ($748M).

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Exporters of Amine Compounds (2023)
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Importers of Amine Compounds (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Latvia$24.7M
Top Destination Growth (2022 -  2023)Russia$39.8M

Between 2022 and 2023, the exports of Amine Compounds grew the fastest in Latvia ($24.7M), Lithuania ($8.47M), Portugal ($6.21M), Norway ($4.87M), and Thailand ($4.11M).

Between 2022 and 2023, the fastest growing importers of Amine Compounds were Russia ($39.8M), Latvia ($22.7M), Netherlands ($22.5M), Oman ($11M), and Kazakhstan ($9.81M).

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Exporters of Amine Compounds (2022 - 2023)

Importers of Amine Compounds (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Amine Compounds.

In 2023, market concentration measured using Shannon Entropy, was 3.76. This means that most of the exports of Amine Compounds are explained by 13 countries.

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Value of Exports in Amine Compounds

Net Trade

TOP NET EXPORTER (2023)China$1.83B
TOP NET IMPORTER (2023)South Korea$607M

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

In 2023, the countries that had a largest trade value in exports than in imports of Amine Compounds were China ($1.83B), Belgium ($907M), United States ($828M), Saudi Arabia ($245M), and France ($233M).

In 2023, the countries that had a largest trade value in imports than in exports of Amine Compounds were South Korea ($607M), Netherlands ($376M), Spain ($359M), Germany ($274M), and Brazil ($218M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Amine Compounds, disaggragated by their HS6 level were Aniline and its salts ($1.51B), Hexamethylenediamine & Salts ($1.49B), Acyclic polyamines and derivatives ($1.27B), Acyclic monoamines and derivatives ($1.21B), and Aromatic monoamines nes, derivatives, salts thereof ($1.1B)

HS6 Disaggregation for Amine Compounds (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Amine Compounds by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALNetherlands+ $32.4M
TOP IMPORT POTENTIALGermany+ $31.7M

Amine Compounds’s highest export potential is Netherlands. With an export gap of $32.4M.  Amine Compounds’s highest import potential is Germany with an import gap of $31.7M.

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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)

Country by Relatedness

The following visualization shows the relatedness of Amine Compounds to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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