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293220 (Harmonized System 2012 for 6-digit)

2023
World Trade $2.13BRnk 1435 / 5198
2023
Top Exporter | Top Importer $942M | $340MChina | United States
2023
Product Complexity 1.42Rnk 252 / 5199
2022 - 2023
Export Growth (CAGR) -17.1%Rnk 3891 / 5198
2023
Share of World Trade 0.0094%Rnk 1435 / 5198

About

Overview This page contains the latest trade data of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones. In 2023, Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones were the world's 1435th most traded product, with a total trade of $2.13B. Between 2022 and 2023 the exports of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones decreased by -17.1%, from $2.56B to $2.13B. Trade in Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones represent 0.0094% of total world trade.

Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones are a part of Heterocyclic compounds with oxygen hetero-atom(s) only.

Exports In 2023 the top exporters of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones  were China ($942M), United States ($185M), Germany ($150M), India ($146M), and United Kingdom ($90M).

Imports In 2023 the top importers of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones were United States ($340M), Brazil ($181M), Germany ($161M), United Kingdom ($143M), and Spain ($126M).

Ranking Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones ranks 252nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones. 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$942M
Top Destination (2023)United States$340M

In 2023 Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones were the world's 1435th most traded product (out of 5,198).

In 2023, the top exporters of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones were China ($942M), United States ($185M), Germany ($150M), India ($146M), and United Kingdom ($90M).

In 2023, the top importers of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones were United States ($340M), Brazil ($181M), Germany ($161M), United Kingdom ($143M), and Spain ($126M).

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Exporters of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones (2023)
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Importers of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$48.6M
Top Destination Growth (2022 -  2023)Ireland$14.5M

Between 2022 and 2023, the exports of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones grew the fastest in Netherlands ($48.6M), Hungary ($20.8M), Germany ($13.7M), Mexico ($13.4M), and Singapore ($2.16M).

Between 2022 and 2023, the fastest growing importers of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones were Ireland ($14.5M), Italy ($14.4M), Spain ($13.5M), Guatemala ($9.02M), and Vietnam ($7.35M).

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Exporters of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones (2022 - 2023)

Importers of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones.

In 2023, market concentration measured using Shannon Entropy, was 3.21. This means that most of the exports of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones are explained by 9 countries.

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Value of Exports in Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones

Net Trade

TOP NET EXPORTER (2023)China$902M
TOP NET IMPORTER (2023)Brazil$179M

This map shows which countries export or import more of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones. Each country is colored based on the difference in exports and imports of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones were China ($902M), Ireland ($53.4M), India ($45.7M), Hungary ($27.3M), and Netherlands ($23.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones were Brazil ($179M), United States ($155M), Singapore ($110M), Spain ($99.6M), and United Kingdom ($53.1M).

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 Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones.
It is possible to select the main countries that export or import Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones 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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