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Diazo-, azo- or azoxy-compounds

2927 (Harmonized System 1992 for 4-digit)

2022
World Trade $765MRnk 989 / 1218
2022
Top Exporter | Top Importer $307M | $79.9MChina | United States
2022
Product Complexity 1.02Rnk 165 / 1033
2021 - 2022
Export Growth (CAGR) 9.2%Rnk 434 / 1218
2022
Share of World Trade 0.0032%Rnk 989 / 1218

About

Overview This page contains the latest trade data of Diazo, Azo or Aoxy Compounds. In 2022, Diazo, Azo or Aoxy Compounds were the world's 989th most traded product, with a total trade of $765M. Between 2021 and 2022 the exports of Diazo, Azo or Aoxy Compounds grew by 9.2%, from $701M to $765M. Trade in Diazo, Azo or Aoxy Compounds represent 0.0032% of total world trade.

Diazo, Azo or Aoxy Compounds are a part of Organic chemicals. They include Diazo-, azo- or azoxy-compounds.

Exports In 2022 the top exporters of Diazo, Azo or Aoxy Compounds  were China ($307M), India ($85.1M), Indonesia ($82.1M), South Korea ($72.5M), and Japan ($58.9M).

Imports In 2022 the top importers of Diazo, Azo or Aoxy Compounds were United States ($79.9M), South Korea ($75.3M), Germany ($61.3M), India ($52M), and Chinese Taipei ($47.5M).

Ranking Diazo, Azo or Aoxy Compounds ranks 165th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Diazo, Azo or Aoxy Compounds. 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 (2022)China$307M
Top Destination (2022)United States$79.9M

In 2022 Diazo, Azo or Aoxy Compounds were the world's 989th most traded product (out of 1,218).

In 2022, the top exporters of Diazo, Azo or Aoxy Compounds were China ($307M), India ($85.1M), Indonesia ($82.1M), South Korea ($72.5M), and Japan ($58.9M).

In 2022, the top importers of Diazo, Azo or Aoxy Compounds were United States ($79.9M), South Korea ($75.3M), Germany ($61.3M), India ($52M), and Chinese Taipei ($47.5M).

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Exporters of Diazo, Azo or Aoxy Compounds (2022)
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Importers of Diazo, Azo or Aoxy Compounds (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$32M
Top Destination Growth (2021 -  2022)India$20.6M

Between 2021 and 2022, the exports of Diazo, Azo or Aoxy Compounds grew the fastest in India ($32M), China ($24M), South Korea ($10.7M), Indonesia ($8.31M), and United States ($4.54M).

Between 2021 and 2022, the fastest growing importers of Diazo, Azo or Aoxy Compounds were India ($20.6M), Germany ($17.5M), Brazil ($14.3M), United States ($13.5M), and Pakistan ($5.27M).

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Exporters of Diazo, Azo or Aoxy Compounds (2021 - 2022)

Importers of Diazo, Azo or Aoxy Compounds (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Diazo, Azo or Aoxy Compounds.

In 2022, market concentration measured using Shannon Entropy, was 3.13. This means that most of the exports of Diazo, Azo or Aoxy Compounds are explained by 8 countries.

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Value of Exports in Diazo, Azo or Aoxy Compounds

Net Trade

TOP NET EXPORTER (2022)China$279M
TOP NET IMPORTER (2022)United States$52.5M

This map shows which countries export or import more of Diazo, Azo or Aoxy Compounds. Each country is colored based on the difference in exports and imports of Diazo, Azo or Aoxy Compounds during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Diazo, Azo or Aoxy Compounds were China ($279M), Indonesia ($63.8M), India ($33.1M), Japan ($17.6M), and Mexico ($11.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Diazo, Azo or Aoxy Compounds were United States ($52.5M), Chinese Taipei ($41.2M), Germany ($38.3M), Brazil ($38.3M), and Thailand ($22.3M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Diazo, Azo or Aoxy Compounds.
It is possible to select the main countries that export or import Diazo, Azo or Aoxy Compounds in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Diazo, Azo or Aoxy Compounds by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $7.7M
TOP IMPORT POTENTIALIndia+ $4.31M

Diazo, Azo or Aoxy Compounds’s highest export potential is India. With an export gap of $7.7M.  Diazo, Azo or Aoxy Compounds’s highest import potential is India with an import gap of $4.31M.

See methodology.

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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 (2022)

Country by Relatedness

The following visualization shows the relatedness of Diazo, Azo or Aoxy Compounds to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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