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291531 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.36BRnk 1782 / 4644
2023
Top Exporter | Top Importer $413M | $159MChina | Belgium
2023
Product Complexity 0.42Rnk 1805 / 4656
2022 - 2023
Export Growth (CAGR) -24.6%Rnk 3978 / 4644
2023
Share of World Trade 0.006%Rnk 1782 / 4644

About

Overview This page contains the latest trade data of Ethyl acetate. In 2023, Ethyl acetate were the world's 1782nd most traded product, with a total trade of $1.36B. Between 2022 and 2023 the exports of Ethyl acetate decreased by -24.6%, from $1.81B to $1.36B. Trade in Ethyl acetate represent 0.006% of total world trade.

Ethyl acetate are a part of Saturated Acyclic Monocarboxylic Acids.

Exports In 2023 the top exporters of Ethyl acetate  were China ($413M), Belgium ($198M), Mexico ($167M), Singapore ($92.4M), and India ($88.3M).

Imports In 2023 the top importers of Ethyl acetate were Belgium ($159M), Italy ($131M), Indonesia ($88.4M), Japan ($82.3M), and Germany ($70.1M).

Ranking Ethyl acetate ranks 1805th in the Product Complexity Index (PCI).

Description Ethyl acetate is a common solvent in paints and lacquers, and can also be found in nail polish removers and cleaning products.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Ethyl acetate. 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$413M
Top Destination (2023)Belgium$159M

In 2023 Ethyl acetate were the world's 1782nd most traded product (out of 4,644).

In 2023, the top exporters of Ethyl acetate were China ($413M), Belgium ($198M), Mexico ($167M), Singapore ($92.4M), and India ($88.3M).

In 2023, the top importers of Ethyl acetate were Belgium ($159M), Italy ($131M), Indonesia ($88.4M), Japan ($82.3M), and Germany ($70.1M).

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Exporters of Ethyl acetate (2023)
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Importers of Ethyl acetate (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$4.34M
Top Destination Growth (2022 -  2023)Ukraine$1.89M

Between 2022 and 2023, the exports of Ethyl acetate grew the fastest in United States ($4.34M), Thailand ($1.13M), Slovenia ($559k), Japan ($485k), and Chile ($403k).

Between 2022 and 2023, the fastest growing importers of Ethyl acetate were Ukraine ($1.89M), Argentina ($1.74M), Mexico ($1.7M), Uzbekistan ($695k), and Bolivia ($599k).

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Exporters of Ethyl acetate (2022 - 2023)

Importers of Ethyl acetate (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ethyl acetate.

In 2023, market concentration measured using Shannon Entropy, was 3.4. This means that most of the exports of Ethyl acetate are explained by 10 countries.

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Value of Exports in Ethyl acetate

Net Trade

TOP NET EXPORTER (2023)China$412M
TOP NET IMPORTER (2023)Italy$129M

This map shows which countries export or import more of Ethyl acetate. Each country is colored based on the difference in exports and imports of Ethyl acetate during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Ethyl acetate were China ($412M), Mexico ($161M), India ($85.7M), Singapore ($84.2M), and Saudi Arabia ($79.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Ethyl acetate were Italy ($129M), Indonesia ($88.4M), Japan ($78.9M), Vietnam ($54M), and Thailand ($53.4M).

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 Ethyl acetate.
It is possible to select the main countries that export or import Ethyl acetate in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ethyl acetate 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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