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Albuminoidal substances; modified starches; glues; enzymes

35 (Harmonized System 1992 for 2-digit)

2023
World Trade $40.3BRnk 63 / 96
2023
Top Exporter | Top Importer $4.8B | $3.96BUnited States | United States
2023
Product Complexity 0.72Rnk 26 / 96
2022 - 2023
Export Growth (CAGR) -4.88%Rnk 46 / 96
2023
Share of World Trade 0.18%Rnk 63 / 96

About

Overview This page contains the latest trade data of Glues, starches, & albuminoid products. In 2023, Glues, starches, & albuminoid products were the world's 63rd most traded product, with a total trade of $40.3B. Between 2022 and 2023 the exports of Glues, starches, & albuminoid products decreased by -4.88%, from $42.3B to $40.3B. Trade in Glues, starches, & albuminoid products represent 0.18% of total world trade.

Glues, starches, & albuminoid products are a part of Chemical Products. They include Glues, Enzymes, Dextrins, Casein, Peptones, Gelatin, and Water Soluble Proteins.

Exports In 2023 the top exporters of Glues, starches, & albuminoid products  were United States ($4.8B), Germany ($4.7B), China ($4.32B), Netherlands ($2.79B), and Denmark ($2.64B).

Imports In 2023 the top importers of Glues, starches, & albuminoid products were United States ($3.96B), China ($3.22B), Germany ($2.89B), Netherlands ($2.06B), and Japan ($1.73B).

Ranking Glues, starches, & albuminoid products ranks 26th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Glues, starches, & albuminoid products. 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)United States$4.8B
Top Destination (2023)United States$3.96B

In 2023 Glues, starches, & albuminoid products were the world's 63rd most traded product (out of 96).

In 2023, the top exporters of Glues, starches, & albuminoid products were United States ($4.8B), Germany ($4.7B), China ($4.32B), Netherlands ($2.79B), and Denmark ($2.64B).

In 2023, the top importers of Glues, starches, & albuminoid products were United States ($3.96B), China ($3.22B), Germany ($2.89B), Netherlands ($2.06B), and Japan ($1.73B).

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Exporters of Glues, starches, & albuminoid products (2023)
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Importers of Glues, starches, & albuminoid products (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Switzerland$84.2M
Top Destination Growth (2022 -  2023)Switzerland$106M

Between 2022 and 2023, the exports of Glues, starches, & albuminoid products grew the fastest in Switzerland ($84.2M), Belgium ($59.1M), Denmark ($42.8M), Turkey ($27.7M), and Slovakia ($23.3M).

Between 2022 and 2023, the fastest growing importers of Glues, starches, & albuminoid products were Switzerland ($106M), Netherlands ($99.9M), Belgium ($52.5M), Philippines ($51.3M), and Turkey ($42.9M).

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Exporters of Glues, starches, & albuminoid products (2022 - 2023)

Importers of Glues, starches, & albuminoid products (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Glues, starches, & albuminoid products.

In 2023, market concentration measured using Shannon Entropy, was 4.69. This means that most of the exports of Glues, starches, & albuminoid products are explained by 25 countries.

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Value of Exports in Glues, starches, & albuminoid products

Net Trade

TOP NET EXPORTER (2023)Denmark$2.16B
TOP NET IMPORTER (2023)Mexico$951M

This map shows which countries export or import more of Glues, starches, & albuminoid products. Each country is colored based on the difference in exports and imports of Glues, starches, & albuminoid products during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Glues, starches, & albuminoid products were Denmark ($2.16B), Germany ($1.81B), New Zealand ($1.42B), China ($1.1B), and France ($864M).

In 2023, the countries that had a largest trade value in imports than in exports of Glues, starches, & albuminoid products were Mexico ($951M), Canada ($837M), Russia ($758M), Japan ($647M), and Vietnam ($590M).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Glues, starches, & albuminoid products, disaggragated by their HS6 level were Glues ($13.9B), Enzymes ($6.99B), Dextrins ($5.5B), Peptones ($4.8B), and Casein ($3.36B)

HS6 Disaggregation for Glues, starches, & albuminoid products (2023)
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Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Glues, starches, & albuminoid products.
It is possible to select the main countries that export or import Glues, starches, & albuminoid products in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Glues, starches, & albuminoid products by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $75M
TOP IMPORT POTENTIALChina+ $88.6M

Glues, starches, & albuminoid products’s highest export potential is China. With an export gap of $75M.  Glues, starches, & albuminoid products’s highest import potential is China with an import gap of $88.6M.

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 (2023)

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