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291560 (Harmonized System 1992 for 6-digit)

2022
World Trade $897MRnk 2328 / 4648
2022
Top Exporter | Top Importer $247M | $80.4MUnited States | United States
2022
Product Complexity 1.03Rnk 734 / 4653
2021 - 2022
Export Growth (CAGR) 8.38%Rnk 1786 / 4648
2022
Share of World Trade 0.0038%Rnk 2328 / 4648

About

Overview This page contains the latest trade data of Butyric acids, valeric acids, their salts & esters. In 2022, Butyric acids, valeric acids, their salts & esters were the world's 2328th most traded product, with a total trade of $897M. Between 2021 and 2022 the exports of Butyric acids, valeric acids, their salts & esters grew by 8.38%, from $828M to $897M. Trade in Butyric acids, valeric acids, their salts & esters represent 0.0038% of total world trade.

Butyric acids, valeric acids, their salts & esters are a part of Saturated Acyclic Monocarboxylic Acids.

Exports In 2022 the top exporters of Butyric acids, valeric acids, their salts & esters  were United States ($247M), China ($158M), Belgium ($71.6M), Germany ($71.5M), and Netherlands ($62.2M).

Imports In 2022 the top importers of Butyric acids, valeric acids, their salts & esters were United States ($80.4M), Netherlands ($78.9M), India ($73.7M), Singapore ($67.7M), and Belgium ($53.6M).

Ranking Butyric acids, valeric acids, their salts & esters ranks 734th in the Product Complexity Index (PCI).

Description Butyric acid and its salts and esters are used in perfumes, flavorings, and as food additives. Valeric acid and its salts and esters are used in perfumes, flavorings, and as food additives.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Butyric acids, valeric acids, their 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 (2022)United States$247M
Top Destination (2022)United States$80.4M

In 2022 Butyric acids, valeric acids, their salts & esters were the world's 2328th most traded product (out of 4,648).

In 2022, the top exporters of Butyric acids, valeric acids, their salts & esters were United States ($247M), China ($158M), Belgium ($71.6M), Germany ($71.5M), and Netherlands ($62.2M).

In 2022, the top importers of Butyric acids, valeric acids, their salts & esters were United States ($80.4M), Netherlands ($78.9M), India ($73.7M), Singapore ($67.7M), and Belgium ($53.6M).

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Exporters of Butyric acids, valeric acids, their salts & esters (2022)
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Importers of Butyric acids, valeric acids, their salts & esters (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$25.5M
Top Destination Growth (2021 -  2022)France$19.7M

Between 2021 and 2022, the exports of Butyric acids, valeric acids, their salts & esters grew the fastest in China ($25.5M), Austria ($18.5M), United States ($17.9M), Netherlands ($7.68M), and Belgium ($6.63M).

Between 2021 and 2022, the fastest growing importers of Butyric acids, valeric acids, their salts & esters were France ($19.7M), Singapore ($14.8M), Belgium ($12.5M), Netherlands ($8.25M), and Japan ($7.85M).

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Exporters of Butyric acids, valeric acids, their salts & esters (2021 - 2022)

Importers of Butyric acids, valeric acids, their salts & esters (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Butyric acids, valeric acids, their salts & esters.

In 2022, market concentration measured using Shannon Entropy, was 3.56. This means that most of the exports of Butyric acids, valeric acids, their salts & esters are explained by 11 countries.

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Value of Exports in Butyric acids, valeric acids, their salts & esters

Net Trade

TOP NET EXPORTER (2022)United States$167M
TOP NET IMPORTER (2022)India$45.8M

This map shows which countries export or import more of Butyric acids, valeric acids, their salts & esters. Each country is colored based on the difference in exports and imports of Butyric acids, valeric acids, their salts & esters during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Butyric acids, valeric acids, their salts & esters were United States ($167M), China ($128M), Sweden ($42.9M), Germany ($39.6M), and Belgium ($17.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Butyric acids, valeric acids, their salts & esters were India ($45.8M), France ($28.3M), Singapore ($25M), Vietnam ($22.2M), and Brazil ($18.8M).

Net Trade (2022)

Country Comparison

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

Top 10 Exporters Countries of Butyric acids, valeric acids, their 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 (2022)

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