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382410 (Harmonized System 1996 for 6-digit)

2022
World Trade $535MRnk 2936 / 4769
2022
Top Exporter | Top Importer $109M | $37.4MGermany | United States
2022
Product Complexity 0.92Rnk 928 / 4776
2021 - 2022
Export Growth (CAGR) 12.4%Rnk 1407 / 4769
2022
Share of World Trade 0.0023%Rnk 2936 / 4769

About

Overview This page contains the latest trade data of Binders: For shaping foundry molds or cores. In 2022, Binders: For shaping foundry molds or cores were the world's 2936th most traded product, with a total trade of $535M. Between 2021 and 2022 the exports of Binders: For shaping foundry molds or cores grew by 12.4%, from $476M to $535M. Trade in Binders: For shaping foundry molds or cores represent 0.0023% of total world trade.

Binders: For shaping foundry molds or cores are a part of Prepared binders for foundry moulds or cores; chemical products and preparations of....

Exports In 2022 the top exporters of Binders: For shaping foundry molds or cores  were Germany ($109M), China ($70.3M), United States ($52M), Canada ($48M), and Italy ($43.2M).

Imports In 2022 the top importers of Binders: For shaping foundry molds or cores were United States ($37.4M), India ($30.5M), Mexico ($29.3M), Poland ($25M), and Russia ($23.9M).

Ranking Binders: For shaping foundry molds or cores ranks 928th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Binders: For shaping foundry molds or cores. 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)Germany$109M
Top Destination (2022)United States$37.4M

In 2022 Binders: For shaping foundry molds or cores were the world's 2936th most traded product (out of 4,769).

In 2022, the top exporters of Binders: For shaping foundry molds or cores were Germany ($109M), China ($70.3M), United States ($52M), Canada ($48M), and Italy ($43.2M).

In 2022, the top importers of Binders: For shaping foundry molds or cores were United States ($37.4M), India ($30.5M), Mexico ($29.3M), Poland ($25M), and Russia ($23.9M).

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Exporters of Binders: For shaping foundry molds or cores (2022)
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Importers of Binders: For shaping foundry molds or cores (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$13.2M
Top Destination Growth (2021 -  2022)United States$9.05M

Between 2021 and 2022, the exports of Binders: For shaping foundry molds or cores grew the fastest in China ($13.2M), Canada ($12.9M), Germany ($11.2M), United States ($8.53M), and Italy ($8.17M).

Between 2021 and 2022, the fastest growing importers of Binders: For shaping foundry molds or cores were United States ($9.05M), Austria ($8.76M), India ($8.62M), Poland ($8.32M), and Egypt ($7.48M).

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Exporters of Binders: For shaping foundry molds or cores (2021 - 2022)

Importers of Binders: For shaping foundry molds or cores (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Binders: For shaping foundry molds or cores.

In 2022, market concentration measured using Shannon Entropy, was 4.15. This means that most of the exports of Binders: For shaping foundry molds or cores are explained by 17 countries.

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Value of Exports in Binders: For shaping foundry molds or cores

Net Trade

TOP NET EXPORTER (2022)Germany$96.9M
TOP NET IMPORTER (2022)Mexico$27M

This map shows which countries export or import more of Binders: For shaping foundry molds or cores. Each country is colored based on the difference in exports and imports of Binders: For shaping foundry molds or cores during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Binders: For shaping foundry molds or cores were Germany ($96.9M), China ($60.2M), Canada ($35.5M), Italy ($30.6M), and United Kingdom ($18.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Binders: For shaping foundry molds or cores were Mexico ($27M), Russia ($23.2M), Poland ($18.1M), Indonesia ($17.4M), and France ($13.4M).

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 Binders: For shaping foundry molds or cores.
It is possible to select the main countries that export or import Binders: For shaping foundry molds or cores in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Binders: For shaping foundry molds or cores 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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