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291819 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.33BRnk 1806 / 4644
2023
Top Exporter | Top Importer $246M | $161MChina | United States
2023
Product Complexity 0.72Rnk 1244 / 4656
2022 - 2023
Export Growth (CAGR) -3.5%Rnk 1914 / 4644
2023
Share of World Trade 0.0059%Rnk 1806 / 4644

About

Overview This page contains the latest trade data of Carboxylic acids (alcohol function only), derivatives. In 2023, Carboxylic acids (alcohol function only), derivatives were the world's 1806th most traded product, with a total trade of $1.33B. Between 2022 and 2023 the exports of Carboxylic acids (alcohol function only), derivatives decreased by -3.5%, from $1.38B to $1.33B. Trade in Carboxylic acids (alcohol function only), derivatives represent 0.0059% of total world trade.

Carboxylic acids (alcohol function only), derivatives are a part of Carboxylic Acids.

Exports In 2023 the top exporters of Carboxylic acids (alcohol function only), derivatives  were China ($246M), Italy ($216M), India ($166M), Japan ($93.7M), and Israel ($87.9M).

Imports In 2023 the top importers of Carboxylic acids (alcohol function only), derivatives were United States ($161M), Italy ($140M), Germany ($137M), South Korea ($102M), and India ($97.3M).

Ranking Carboxylic acids (alcohol function only), derivatives ranks 1244th in the Product Complexity Index (PCI).

Description Carboxylic acids are commonly used as solvents, cleaners, and fabric softeners. Derivatives of carboxylic acids are used to make soap, solvents, detergents, and plasticizers.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carboxylic acids (alcohol function only), derivatives. 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$246M
Top Destination (2023)United States$161M

In 2023 Carboxylic acids (alcohol function only), derivatives were the world's 1806th most traded product (out of 4,644).

In 2023, the top exporters of Carboxylic acids (alcohol function only), derivatives were China ($246M), Italy ($216M), India ($166M), Japan ($93.7M), and Israel ($87.9M).

In 2023, the top importers of Carboxylic acids (alcohol function only), derivatives were United States ($161M), Italy ($140M), Germany ($137M), South Korea ($102M), and India ($97.3M).

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Exporters of Carboxylic acids (alcohol function only), derivatives (2023)
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Importers of Carboxylic acids (alcohol function only), derivatives (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Israel$64.7M
Top Destination Growth (2022 -  2023)Russia$28.1M

Between 2022 and 2023, the exports of Carboxylic acids (alcohol function only), derivatives grew the fastest in Israel ($64.7M), Czechia ($37.9M), New Zealand ($10.2M), Brazil ($5.54M), and Germany ($4.52M).

Between 2022 and 2023, the fastest growing importers of Carboxylic acids (alcohol function only), derivatives were Russia ($28.1M), United States ($27M), Italy ($19M), France ($5.71M), and Austria ($4.01M).

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Exporters of Carboxylic acids (alcohol function only), derivatives (2022 - 2023)

Importers of Carboxylic acids (alcohol function only), derivatives (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carboxylic acids (alcohol function only), derivatives.

In 2023, market concentration measured using Shannon Entropy, was 3.86. This means that most of the exports of Carboxylic acids (alcohol function only), derivatives are explained by 14 countries.

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Value of Exports in Carboxylic acids (alcohol function only), derivatives

Net Trade

TOP NET EXPORTER (2023)China$214M
TOP NET IMPORTER (2023)United States$102M

This map shows which countries export or import more of Carboxylic acids (alcohol function only), derivatives. Each country is colored based on the difference in exports and imports of Carboxylic acids (alcohol function only), derivatives during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Carboxylic acids (alcohol function only), derivatives were China ($214M), Israel ($83.5M), Italy ($76.1M), India ($68.7M), and Brazil ($41.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Carboxylic acids (alcohol function only), derivatives were United States ($102M), Germany ($80M), Russia ($69.2M), South Korea ($54M), and Spain ($34.3M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Carboxylic acids (alcohol function only), derivatives.
It is possible to select the main countries that export or import Carboxylic acids (alcohol function only), derivatives in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Carboxylic acids (alcohol function only), derivatives 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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