293220 (Harmonized System 2012 for 6-digit)

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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 2022, 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 1322nd most traded product, with a total trade of $2.56B. Between 2021 and 2022 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 by 18.4%, from $2.16B to $2.56B. Trade in Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones represent 0.011% 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 2022 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 ($1.27B), United States ($211M), Ireland ($159M), India ($147M), and Germany ($132M).

Imports In 2022 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 ($363M), Brazil ($262M), Germany ($204M), Switzerland ($139M), and United Kingdom ($139M).

Ranking Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones ranks 356th in the Product Complexity Index (PCI).

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 (2022)China$1.27B
Top Destination (2022)United States$363M

In 2022 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 1322nd most traded product (out of 5,198).

In 2022, 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 ($1.27B), United States ($211M), Ireland ($159M), India ($147M), and Germany ($132M).

In 2022, 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 ($363M), Brazil ($262M), Germany ($204M), Switzerland ($139M), and United Kingdom ($139M).

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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)
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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 (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$166M
Top Destination Growth (2021 -  2022)United Kingdom$90.6M

Between 2021 and 2022, 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 China ($166M), Ireland ($120M), United States ($47.4M), United Kingdom ($45.1M), and India ($14M).

Between 2021 and 2022, 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 United Kingdom ($90.6M), Brazil ($75.8M), Singapore ($65.1M), United States ($52.5M), and Switzerland ($34.1M).

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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 (2021 - 2022)

Importers of Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactones (2021 - 2022)

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 2022, market concentration measured using Shannon Entropy, was 3. 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 7 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 (2022)China$1.23B
TOP NET IMPORTER (2022)Brazil$262M

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 2022.

In 2022, 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 ($1.23B), Ireland ($147M), India ($43.3M), Saudi Arabia ($36.9M), and Italy ($26.8M).

In 2022, 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 ($262M), United States ($152M), Singapore ($116M), South Korea ($102M), and Netherlands ($86.9M).

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 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 (2022)

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