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292990 (Harmonized System 1992 for 6-digit)

2023
World Trade $666MRnk 2554 / 4644
2023
Top Exporter | Top Importer $242M | $133MChina | United States
2023
Product Complexity 1.17Rnk 511 / 4656
2022 - 2023
Export Growth (CAGR) -12.6%Rnk 2996 / 4644
2023
Share of World Trade 0.0029%Rnk 2554 / 4644

About

Overview This page contains the latest trade data of Compounds with other nitrogen function, nes. In 2023, Compounds with other nitrogen function, nes were the world's 2554th most traded product, with a total trade of $666M. Between 2022 and 2023 the exports of Compounds with other nitrogen function, nes decreased by -12.6%, from $762M to $666M. Trade in Compounds with other nitrogen function, nes represent 0.0029% of total world trade.

Compounds with other nitrogen function, nes are a part of Other Nitrogen Compounds.

Exports In 2023 the top exporters of Compounds with other nitrogen function, nes  were China ($242M), Germany ($74.1M), South Korea ($63.7M), United States ($52.6M), and United Kingdom ($30.1M).

Imports In 2023 the top importers of Compounds with other nitrogen function, nes were United States ($133M), Germany ($53.1M), Japan ($49.9M), China ($41M), and Canada ($39.5M).

Ranking Compounds with other nitrogen function, nes ranks 511th in the Product Complexity Index (PCI).

Description Compounds with another nitrogen function are most commonly used as a fertilizer. Their other common use is as a pesticide. These compounds are also used in the production of plastics, as a stabilizing agent, and as an insecticide.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Compounds with other nitrogen function, nes. 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$242M
Top Destination (2023)United States$133M

In 2023 Compounds with other nitrogen function, nes were the world's 2554th most traded product (out of 4,644).

In 2023, the top exporters of Compounds with other nitrogen function, nes were China ($242M), Germany ($74.1M), South Korea ($63.7M), United States ($52.6M), and United Kingdom ($30.1M).

In 2023, the top importers of Compounds with other nitrogen function, nes were United States ($133M), Germany ($53.1M), Japan ($49.9M), China ($41M), and Canada ($39.5M).

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Exporters of Compounds with other nitrogen function, nes (2023)
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Importers of Compounds with other nitrogen function, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$33.3M
Top Destination Growth (2022 -  2023)Canada$19.2M

Between 2022 and 2023, the exports of Compounds with other nitrogen function, nes grew the fastest in Germany ($33.3M), Canada ($4.74M), Ireland ($2.25M), Hungary ($1.64M), and United Kingdom ($829k).

Between 2022 and 2023, the fastest growing importers of Compounds with other nitrogen function, nes were Canada ($19.2M), South Korea ($5.16M), Spain ($4.41M), Germany ($2.18M), and Ireland ($1.93M).

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Exporters of Compounds with other nitrogen function, nes (2022 - 2023)

Importers of Compounds with other nitrogen function, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Compounds with other nitrogen function, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.46. This means that most of the exports of Compounds with other nitrogen function, nes are explained by 10 countries.

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Value of Exports in Compounds with other nitrogen function, nes

Net Trade

TOP NET EXPORTER (2023)China$201M
TOP NET IMPORTER (2023)United States$80.2M

This map shows which countries export or import more of Compounds with other nitrogen function, nes. Each country is colored based on the difference in exports and imports of Compounds with other nitrogen function, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Compounds with other nitrogen function, nes were China ($201M), South Korea ($34.1M), Belgium ($25.9M), United Kingdom ($25M), and Germany ($21M).

In 2023, the countries that had a largest trade value in imports than in exports of Compounds with other nitrogen function, nes were United States ($80.2M), Brazil ($37.3M), Japan ($31.3M), Canada ($30.7M), and Netherlands ($26.1M).

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 Compounds with other nitrogen function, nes.
It is possible to select the main countries that export or import Compounds with other nitrogen function, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Compounds with other nitrogen function, nes 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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