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291829 (Harmonized System 1992 for 6-digit)

2023
World Trade $909MRnk 2219 / 4644
2023
Top Exporter | Top Importer $261M | $122MChina | United States
2023
Product Complexity 1.62Rnk 112 / 4656
2022 - 2023
Export Growth (CAGR) -23.9%Rnk 3943 / 4644
2023
Share of World Trade 0.004%Rnk 2219 / 4644

About

Overview This page contains the latest trade data of Carboxylic acids (phenol function only) & derivatives. In 2023, Carboxylic acids (phenol function only) & derivatives were the world's 2219th most traded product, with a total trade of $909M. Between 2022 and 2023 the exports of Carboxylic acids (phenol function only) & derivatives decreased by -23.9%, from $1.19B to $909M. Trade in Carboxylic acids (phenol function only) & derivatives represent 0.004% of total world trade.

Carboxylic acids (phenol function only) & derivatives are a part of Carboxylic Acids.

Exports In 2023 the top exporters of Carboxylic acids (phenol function only) & derivatives  were China ($261M), South Korea ($129M), Germany ($86.9M), Switzerland ($81.8M), and Chinese Taipei ($77M).

Imports In 2023 the top importers of Carboxylic acids (phenol function only) & derivatives were United States ($122M), Japan ($79.7M), India ($66.3M), Germany ($63.6M), and China ($59.2M).

Ranking Carboxylic acids (phenol function only) & derivatives ranks 112th in the Product Complexity Index (PCI).

Description Carboxylic acids are used as plasticizers, fuel additives, and as precursors for dyes and pharmaceuticals. Phenols are used as disinfectants, to make lubricants, and to make plastics and dyes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Carboxylic acids (phenol 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$261M
Top Destination (2023)United States$122M

In 2023 Carboxylic acids (phenol function only) & derivatives were the world's 2219th most traded product (out of 4,644).

In 2023, the top exporters of Carboxylic acids (phenol function only) & derivatives were China ($261M), South Korea ($129M), Germany ($86.9M), Switzerland ($81.8M), and Chinese Taipei ($77M).

In 2023, the top importers of Carboxylic acids (phenol function only) & derivatives were United States ($122M), Japan ($79.7M), India ($66.3M), Germany ($63.6M), and China ($59.2M).

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Exporters of Carboxylic acids (phenol function only) & derivatives (2023)
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Importers of Carboxylic acids (phenol function only) & derivatives (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$767k
Top Destination Growth (2022 -  2023)Singapore$4.09M

Between 2022 and 2023, the exports of Carboxylic acids (phenol function only) & derivatives grew the fastest in France ($767k), Spain ($705k), United Kingdom ($579k), Turkey ($555k), and Canada ($419k).

Between 2022 and 2023, the fastest growing importers of Carboxylic acids (phenol function only) & derivatives were Singapore ($4.09M), Slovenia ($1.04M), Chile ($801k), South Africa ($594k), and Nigeria ($572k).

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Exporters of Carboxylic acids (phenol function only) & derivatives (2022 - 2023)

Importers of Carboxylic acids (phenol function only) & derivatives (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.37. This means that most of the exports of Carboxylic acids (phenol function only) & derivatives are explained by 10 countries.

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Value of Exports in Carboxylic acids (phenol function only) & derivatives

Net Trade

TOP NET EXPORTER (2023)China$202M
TOP NET IMPORTER (2023)United States$81.5M

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

In 2023, the countries that had a largest trade value in exports than in imports of Carboxylic acids (phenol function only) & derivatives were China ($202M), South Korea ($101M), Switzerland ($74.7M), Chinese Taipei ($63.3M), and Singapore ($32.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Carboxylic acids (phenol function only) & derivatives were United States ($81.5M), Italy ($48.5M), France ($37.3M), India ($35.2M), and Japan ($33.3M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Carboxylic acids (phenol 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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