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340420 (Harmonized System 1992 for 6-digit)

2022
World Trade $685MRnk 2611 / 4648
2022
Top Exporter | Top Importer $213M | $90.2MSouth Korea | Turkey
2022
Product Complexity 1.07Rnk 675 / 4653
2021 - 2022
Export Growth (CAGR) 12.8%Rnk 1336 / 4648
2022
Share of World Trade 0.0029%Rnk 2611 / 4648

About

Overview This page contains the latest trade data of Artificial and prepared waxes, of polyethylene glycol. In 2022, Artificial and prepared waxes, of polyethylene glycol were the world's 2611th most traded product, with a total trade of $685M. Between 2021 and 2022 the exports of Artificial and prepared waxes, of polyethylene glycol grew by 12.8%, from $607M to $685M. Trade in Artificial and prepared waxes, of polyethylene glycol represent 0.0029% of total world trade.

Artificial and prepared waxes, of polyethylene glycol are a part of Waxes.

Exports In 2022 the top exporters of Artificial and prepared waxes, of polyethylene glycol  were South Korea ($213M), Germany ($161M), China ($67.1M), Belgium ($66.4M), and United States ($29.9M).

Imports In 2022 the top importers of Artificial and prepared waxes, of polyethylene glycol were Turkey ($90.2M), India ($76M), France ($55.3M), Italy ($48.9M), and United States ($47.1M).

Ranking Artificial and prepared waxes, of polyethylene glycol ranks 675th in the Product Complexity Index (PCI).

Description Artificial and prepared waxes are used in the manufacture of waxes, polishes, and candles. Polyethylene glycol is a compound that is used in pharmaceuticals, cosmetics, and toothpaste.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Artificial and prepared waxes, of polyethylene glycol. 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)South Korea$213M
Top Destination (2022)Turkey$90.2M

In 2022 Artificial and prepared waxes, of polyethylene glycol were the world's 2611th most traded product (out of 4,648).

In 2022, the top exporters of Artificial and prepared waxes, of polyethylene glycol were South Korea ($213M), Germany ($161M), China ($67.1M), Belgium ($66.4M), and United States ($29.9M).

In 2022, the top importers of Artificial and prepared waxes, of polyethylene glycol were Turkey ($90.2M), India ($76M), France ($55.3M), Italy ($48.9M), and United States ($47.1M).

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Exporters of Artificial and prepared waxes, of polyethylene glycol (2022)
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Importers of Artificial and prepared waxes, of polyethylene glycol (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Belgium$35.9M
Top Destination Growth (2021 -  2022)Italy$18.8M

Between 2021 and 2022, the exports of Artificial and prepared waxes, of polyethylene glycol grew the fastest in Belgium ($35.9M), China ($33.1M), Germany ($13.6M), Switzerland ($10.3M), and United States ($9.86M).

Between 2021 and 2022, the fastest growing importers of Artificial and prepared waxes, of polyethylene glycol were Italy ($18.8M), United States ($14.4M), Spain ($13.4M), Germany ($11.9M), and Turkey ($10.9M).

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Exporters of Artificial and prepared waxes, of polyethylene glycol (2021 - 2022)

Importers of Artificial and prepared waxes, of polyethylene glycol (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Artificial and prepared waxes, of polyethylene glycol.

In 2022, market concentration measured using Shannon Entropy, was 3.24. This means that most of the exports of Artificial and prepared waxes, of polyethylene glycol are explained by 9 countries.

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Value of Exports in Artificial and prepared waxes, of polyethylene glycol

Net Trade

TOP NET EXPORTER (2022)South Korea$210M
TOP NET IMPORTER (2022)Turkey$89.1M

This map shows which countries export or import more of Artificial and prepared waxes, of polyethylene glycol. Each country is colored based on the difference in exports and imports of Artificial and prepared waxes, of polyethylene glycol during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Artificial and prepared waxes, of polyethylene glycol were South Korea ($210M), Germany ($130M), Belgium ($57.4M), China ($43.9M), and Russia ($17.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Artificial and prepared waxes, of polyethylene glycol were Turkey ($89.1M), India ($61.3M), Italy ($44.1M), United Kingdom ($39.7M), and France ($36.4M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Artificial and prepared waxes, of polyethylene glycol 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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