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290499 (Harmonized System 2017 for 6-digit)

2023
World Trade $1.22BRnk 2037 / 5380
2023
Top Exporter | Top Importer $903M | $489MKuwait | India
2023
Product Complexity -0.24Rnk 3339 / 5381
2022 - 2023
Export Growth (CAGR) -12.2%Rnk 3507 / 5380
2023
Share of World Trade 0.0054%Rnk 2037 / 5380

About

Overview This page contains the latest trade data of Derivatives of hydrocarbons n.e.c. in heading no. 2904. In 2023, Derivatives of hydrocarbons n.e.c. in heading no. 2904 were the world's 2037th most traded product, with a total trade of $1.22B. Between 2022 and 2023 the exports of Derivatives of hydrocarbons n.e.c. in heading no. 2904 decreased by -12.2%, from $1.38B to $1.22B. Trade in Derivatives of hydrocarbons n.e.c. in heading no. 2904 represent 0.0054% of total world trade.

Derivatives of hydrocarbons n.e.c. in heading no. 2904 are a part of Sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenated.

Exports In 2023 the top exporters of Derivatives of hydrocarbons n.e.c. in heading no. 2904  were Kuwait ($903M), China ($181M), India ($53.9M), Italy ($15.7M), and Germany ($12.6M).

Imports In 2023 the top importers of Derivatives of hydrocarbons n.e.c. in heading no. 2904 were India ($489M), China ($240M), Pakistan ($211M), Malaysia ($41.9M), and Chinese Taipei ($36M).

Ranking Derivatives of hydrocarbons n.e.c. in heading no. 2904 ranks 3339th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Derivatives of hydrocarbons n.e.c. in heading no. 2904. 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)Kuwait$903M
Top Destination (2023)India$489M

In 2023 Derivatives of hydrocarbons n.e.c. in heading no. 2904 were the world's 2037th most traded product (out of 5,380).

In 2023, the top exporters of Derivatives of hydrocarbons n.e.c. in heading no. 2904 were Kuwait ($903M), China ($181M), India ($53.9M), Italy ($15.7M), and Germany ($12.6M).

In 2023, the top importers of Derivatives of hydrocarbons n.e.c. in heading no. 2904 were India ($489M), China ($240M), Pakistan ($211M), Malaysia ($41.9M), and Chinese Taipei ($36M).

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Exporters of Derivatives of hydrocarbons n.e.c. in heading no. 2904 (2023)
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Importers of Derivatives of hydrocarbons n.e.c. in heading no. 2904 (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$2.92M
Top Destination Growth (2022 -  2023)India$215M

Between 2022 and 2023, the exports of Derivatives of hydrocarbons n.e.c. in heading no. 2904 grew the fastest in Netherlands ($2.92M), Chinese Taipei ($2.89M), Saudi Arabia ($2.11M), Singapore ($1.55M), and Hungary ($378k).

Between 2022 and 2023, the fastest growing importers of Derivatives of hydrocarbons n.e.c. in heading no. 2904 were India ($215M), Malaysia ($40.8M), Indonesia ($9.51M), Netherlands ($2.82M), and Ireland ($2.2M).

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Exporters of Derivatives of hydrocarbons n.e.c. in heading no. 2904 (2022 - 2023)

Importers of Derivatives of hydrocarbons n.e.c. in heading no. 2904 (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Derivatives of hydrocarbons n.e.c. in heading no. 2904.

In 2023, market concentration measured using Shannon Entropy, was 1.42. This means that most of the exports of Derivatives of hydrocarbons n.e.c. in heading no. 2904 are explained by 2 countries.

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Value of Exports in Derivatives of hydrocarbons n.e.c. in heading no. 2904

Net Trade

TOP NET EXPORTER (2023)Kuwait$903M
TOP NET IMPORTER (2023)India$435M

This map shows which countries export or import more of Derivatives of hydrocarbons n.e.c. in heading no. 2904. Each country is colored based on the difference in exports and imports of Derivatives of hydrocarbons n.e.c. in heading no. 2904 during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Derivatives of hydrocarbons n.e.c. in heading no. 2904 were Kuwait ($903M), Italy ($10.2M), Saudi Arabia ($3.6M), Singapore ($1.85M), and France ($1.34M).

In 2023, the countries that had a largest trade value in imports than in exports of Derivatives of hydrocarbons n.e.c. in heading no. 2904 were India ($435M), China ($59.3M), Malaysia ($41.5M), Japan ($29.5M), and Chinese Taipei ($28.4M).

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 Derivatives of hydrocarbons n.e.c. in heading no. 2904.
It is possible to select the main countries that export or import Derivatives of hydrocarbons n.e.c. in heading no. 2904 in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Derivatives of hydrocarbons n.e.c. in heading no. 2904 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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