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291890 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.71BRnk 1562 / 4644
2023
Top Exporter | Top Importer $544M | $387MChina | United States
2023
Product Complexity 0.91Rnk 916 / 4656
2022 - 2023
Export Growth (CAGR) -27.9%Rnk 4142 / 4644
2023
Share of World Trade 0.0076%Rnk 1562 / 4644

About

Overview This page contains the latest trade data of Carboxylic acids nes, derivativess. In 2023, Carboxylic acids nes, derivativess were the world's 1562nd most traded product, with a total trade of $1.71B. Between 2022 and 2023 the exports of Carboxylic acids nes, derivativess decreased by -27.9%, from $2.37B to $1.71B. Trade in Carboxylic acids nes, derivativess represent 0.0076% of total world trade.

Carboxylic acids nes, derivativess are a part of Carboxylic Acids.

Exports In 2023 the top exporters of Carboxylic acids nes, derivativess  were China ($544M), India ($418M), Germany ($122M), Switzerland ($92.9M), and United States ($86.9M).

Imports In 2023 the top importers of Carboxylic acids nes, derivativess were United States ($387M), Brazil ($111M), United Kingdom ($83.9M), France ($82.8M), and Switzerland ($73.1M).

Ranking Carboxylic acids nes, derivativess ranks 916th in the Product Complexity Index (PCI).

Description Carboxylic acids are commonly used as a source of carbon dioxide in the production of polymers and plastics. They are also used in the production of agrochemicals, plasticizers, pharmaceuticals, and dyestuffs.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carboxylic acids nes, derivativess. 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$544M
Top Destination (2023)United States$387M

In 2023 Carboxylic acids nes, derivativess were the world's 1562nd most traded product (out of 4,644).

In 2023, the top exporters of Carboxylic acids nes, derivativess were China ($544M), India ($418M), Germany ($122M), Switzerland ($92.9M), and United States ($86.9M).

In 2023, the top importers of Carboxylic acids nes, derivativess were United States ($387M), Brazil ($111M), United Kingdom ($83.9M), France ($82.8M), and Switzerland ($73.1M).

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Exporters of Carboxylic acids nes, derivativess (2023)
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Importers of Carboxylic acids nes, derivativess (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$16M
Top Destination Growth (2022 -  2023)Mexico$38.1M

Between 2022 and 2023, the exports of Carboxylic acids nes, derivativess grew the fastest in France ($16M), Switzerland ($5.71M), Spain ($4.62M), Iceland ($3.26M), and Hungary ($1.51M).

Between 2022 and 2023, the fastest growing importers of Carboxylic acids nes, derivativess were Mexico ($38.1M), Singapore ($10.2M), Bahamas ($3.21M), Canada ($2.21M), and India ($2.1M).

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Exporters of Carboxylic acids nes, derivativess (2022 - 2023)

Importers of Carboxylic acids nes, derivativess (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carboxylic acids nes, derivativess.

In 2023, market concentration measured using Shannon Entropy, was 3.29. This means that most of the exports of Carboxylic acids nes, derivativess are explained by 9 countries.

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Value of Exports in Carboxylic acids nes, derivativess

Net Trade

TOP NET EXPORTER (2023)China$513M
TOP NET IMPORTER (2023)United States$300M

This map shows which countries export or import more of Carboxylic acids nes, derivativess. Each country is colored based on the difference in exports and imports of Carboxylic acids nes, derivativess during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Carboxylic acids nes, derivativess were China ($513M), India ($362M), Germany ($54M), Switzerland ($19.8M), and Belgium ($15.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Carboxylic acids nes, derivativess were United States ($300M), Brazil ($111M), Argentina ($61.6M), France ($39.9M), and Canada ($34.7M).

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 nes, derivativess.
It is possible to select the main countries that export or import Carboxylic acids nes, derivativess in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Carboxylic acids nes, derivativess 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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